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Company Registration No. 06041000 (England and Wales)
FOREST CARBON LIMITED Unaudited accounts for the year ended 31 March 2025
FOREST CARBON LIMITED Unaudited accounts Contents
Page
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FOREST CARBON LIMITED Company Information for the year ended 31 March 2025
Director
S Prior MSc MBA
Company Number
06041000 (England and Wales)
Registered Office
ABBEY ROAD BUSINESS CENTRE ABBEY ROAD DURHAM COUNTY DURHAM DH1 5JZ
Accountants
Wardle Business Solutions Ltd. Orchard House Pittington Road Rainton Gate Tyne and Wear DH5 9RG
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FOREST CARBON LIMITED Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
9,990 
- 
Tangible assets
6,242 
2,993 
16,232 
2,993 
Current assets
Inventories
1,609,365 
1,871,802 
Debtors
585,925 
590,475 
Cash at bank and in hand
1,620,867 
1,025,811 
3,816,157 
3,488,088 
Creditors: amounts falling due within one year
(850,976)
(601,444)
Net current assets
2,965,181 
2,886,644 
Total assets less current liabilities
2,981,413 
2,889,637 
Creditors: amounts falling due after more than one year
(1,435,267)
(1,524,196)
Net assets
1,546,146 
1,365,441 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
1,545,146 
1,364,441 
Shareholders' funds
1,546,146 
1,365,441 
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 June 2025 and were signed on its behalf by
S Prior MSc MBA Director Company Registration No. 06041000
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FOREST CARBON LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
FOREST CARBON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06041000. The registered office is ABBEY ROAD BUSINESS CENTRE, ABBEY ROAD, DURHAM, COUNTY DURHAM, DH1 5JZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
40% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation: Carbon club website, straight line over 5 years
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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FOREST CARBON LIMITED Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Total 
£ 
Cost
At 1 April 2024
- 
Additions
11,100 
At 31 March 2025
11,100 
Amortisation
At 1 April 2024
- 
Charge for the year
1,110 
At 31 March 2025
1,110 
Net book value
At 31 March 2025
9,990 
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2024
17,742 
Additions
4,987 
At 31 March 2025
22,729 
Depreciation
At 1 April 2024
14,749 
Charge for the year
1,738 
At 31 March 2025
16,487 
Net book value
At 31 March 2025
6,242 
At 31 March 2024
2,993 
6
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
7
Transactions with related parties
On 05/12/2023, 75% of the 1000 shares were transferred into the Forest Carbon Employee Ownership Trust. This resulted in an agreed £8.8m due to shareholders, of which £3.4m in loan notes are still outstanding at 31/03/2025. Employee Ownership Trust management costs were £10,000.
8
Average number of employees
During the year the average number of employees was 7 (2024: 6).
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