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REGISTERED NUMBER: 09171398 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2024

FOR

FORREST-OWEN GROUP LTD

FORREST-OWEN GROUP LTD (REGISTERED NUMBER: 09171398)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FORREST-OWEN GROUP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST AUGUST 2024







DIRECTOR: Mr Huw Owen





REGISTERED OFFICE: The Old Police Station
Gaerwen
Anglesey
LL60 6BL





REGISTERED NUMBER: 09171398 (England and Wales)





ACCOUNTANTS: Richard Williams & Co
Chartered Accountants
The Old Police Station
Gaerwen
Anglesey
LL60 6BL

FORREST-OWEN GROUP LTD (REGISTERED NUMBER: 09171398)

BALANCE SHEET
31ST AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 70,550 57,039

CURRENT ASSETS
Cash at bank 4,447 18,166

CREDITORS
Amounts falling due within one year 5 1,862 7,702
NET CURRENT ASSETS 2,585 10,464
TOTAL ASSETS LESS CURRENT
LIABILITIES

73,135

67,503

CREDITORS
Amounts falling due after more than one
year

6

8,346

9,637
NET ASSETS 64,789 57,866

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 64,786 57,863
64,789 57,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27th May 2025 and were signed by:



Mr Huw Owen - Director


FORREST-OWEN GROUP LTD (REGISTERED NUMBER: 09171398)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024

1. STATUTORY INFORMATION

FORREST-OWEN GROUP 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 2% 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 3 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st September 2023 57,721
Additions 13,622
At 31st August 2024 71,343
DEPRECIATION
At 1st September 2023 682
Charge for year 111
At 31st August 2024 793
NET BOOK VALUE
At 31st August 2024 70,550
At 31st August 2023 57,039

FORREST-OWEN GROUP LTD (REGISTERED NUMBER: 09171398)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 836 620
Other creditors 1,026 7,082
1,862 7,702

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 8,346 9,637

Amounts falling due in more than five years:

Repayable otherwise than by instalments
BBL Bank Loan 8,346 9,637