Company registration number 5729015 (England and Wales)
THE FORGE DEVELOPMENT COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
THE FORGE DEVELOPMENT COMPANY LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
2
2,400,000
2,399,999
Current assets
Debtors
3
23,343
6,230
Cash at bank and in hand
16,470
12,202
39,813
18,432
Creditors: amounts falling due within one year
4
(76,560)
(53,657)
Net current liabilities
(36,747)
(35,225)
Total assets less current liabilities
2,363,253
2,364,774
Creditors: amounts falling due after more than one year
5
(804,889)
(804,889)
Provisions for liabilities
(251,618)
(251,618)
Net assets
1,306,746
1,308,267
Capital and reserves
Called up share capital
100
100
Other reserves
754,855
754,855
Profit and loss reserves
551,791
553,312
Total equity
1,306,746
1,308,267
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
THE FORGE DEVELOPMENT COMPANY LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 19 August 2025 and are signed on its behalf by:
Mr M G Perman
Ms B A Lockyer
Director
Director
Company Registration No. 5729015
THE FORGE DEVELOPMENT COMPANY LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025
31 March 2025
- 3 -
1
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
0
0
2
Investment property
2025
£
Fair value
At 1 April 2024 and 31 March 2025
2,400,000
Investment properties comprise of The Forge, West End, Sherborne St John, Basingstoke, Hampshire, RG24 9LE and 33 & 35 West End, Sherborne St John, Basingstoke, Hampshire, RG24 9LE. The fair value of the investment properties has been arrived at on the basis of a valuation carried out at 31/03/2025 by the directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
371
1,800
Other debtors
22,972
4,430
23,343
6,230
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
18,085
25,792
Corporation tax
15,417
11,387
Other creditors
43,058
16,478
76,560
53,657
THE FORGE DEVELOPMENT COMPANY LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025
31 March 2025
- 4 -
5
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
452,100
452,100
Other creditors
352,789
352,789
804,889
804,889