IRIS Accounts Production v25.1.0.734 09888537 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false true false Ordinary 25.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh098885372023-11-30098885372024-11-30098885372023-12-012024-11-30098885372022-11-30098885372022-12-012023-11-30098885372023-11-3009888537ns15:EnglandWales2023-12-012024-11-3009888537ns14:PoundSterling2023-12-012024-11-3009888537ns10:Director12023-12-012024-11-3009888537ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3009888537ns10:SmallEntities2023-12-012024-11-3009888537ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3009888537ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3009888537ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3009888537ns10:FullAccounts2023-12-012024-11-3009888537ns10:OrdinaryShareClass12023-12-012024-11-3009888537ns10:Director22023-12-012024-11-3009888537ns10:RegisteredOffice2023-12-012024-11-3009888537ns5:CurrentFinancialInstruments2024-11-3009888537ns5:CurrentFinancialInstruments2023-11-3009888537ns5:Non-currentFinancialInstruments2024-11-3009888537ns5:Non-currentFinancialInstruments2023-11-3009888537ns5:ShareCapital2024-11-3009888537ns5:ShareCapital2023-11-3009888537ns5:RetainedEarningsAccumulatedLosses2024-11-3009888537ns5:RetainedEarningsAccumulatedLosses2023-11-3009888537ns5:MotorVehicles2023-12-012024-11-3009888537ns5:ComputerEquipment2023-12-012024-11-3009888537ns5:MotorVehicles2023-11-3009888537ns5:ComputerEquipment2023-11-3009888537ns5:MotorVehicles2024-11-3009888537ns5:ComputerEquipment2024-11-3009888537ns5:MotorVehicles2023-11-3009888537ns5:ComputerEquipment2023-11-3009888537ns10:OrdinaryShareClass12024-11-30
REGISTERED NUMBER: 09888537 (England and Wales)














FORTY ACRE OAST DEVELOPMENTS LTD.

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024






FORTY ACRE OAST DEVELOPMENTS LTD. (REGISTERED NUMBER: 09888537)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


FORTY ACRE OAST DEVELOPMENTS LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: M J Reynolds
Ms S E Randall





REGISTERED OFFICE: 27 Old Gloucester Street
London
WC1N 3AX





REGISTERED NUMBER: 09888537 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
82 High Street
Tenterden
Kent
TN30 6JG

FORTY ACRE OAST DEVELOPMENTS LTD. (REGISTERED NUMBER: 09888537)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 24,997 31,870

CURRENT ASSETS
Debtors 5 - 16,147
Cash at bank 49 62
49 16,209
CREDITORS
Amounts falling due within one year 6 57,067 33,386
NET CURRENT LIABILITIES (57,018 ) (17,177 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(32,021

)

14,693

CREDITORS
Amounts falling due after more than
one year

7

3,531

14,122
NET (LIABILITIES)/ASSETS (35,552 ) 571

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (35,652 ) 471
SHAREHOLDERS' FUNDS (35,552 ) 571

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by:



M J Reynolds - Director


FORTY ACRE OAST DEVELOPMENTS LTD. (REGISTERED NUMBER: 09888537)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


1. STATUTORY INFORMATION

Forty Acre Oast Developments Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2023 41,626 1,167 42,793
Additions - 1,459 1,459
At 30 November 2024 41,626 2,626 44,252
DEPRECIATION
At 1 December 2023 10,407 516 10,923
Charge for year 7,804 528 8,332
At 30 November 2024 18,211 1,044 19,255
NET BOOK VALUE
At 30 November 2024 23,415 1,582 24,997
At 30 November 2023 31,219 651 31,870

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax - 16,147

FORTY ACRE OAST DEVELOPMENTS LTD. (REGISTERED NUMBER: 09888537)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 10,592 10,592
Social security and other taxes - 39
Directors' current accounts 45,476 21,805
Accrued expenses 999 950
57,067 33,386

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 3,531 14,122

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
4 Ordinary £25 100 100

9. GOING CONCERN

These accounts are prepared on a going concern basis, due to the expected continued financial support from the directors.