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REGISTERED NUMBER: 13719142 (England and Wales)














Unaudited Financial Statements

For The Year Ended 30th November 2024

for

Forest Classic Homes Ltd

Forest Classic Homes Ltd (Registered number: 13719142)






Contents of the Financial Statements
For The Year Ended 30th November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

Forest Classic Homes Ltd

Company Information
For The Year Ended 30th November 2024







DIRECTORS: P M Jotcham
Mrs N L Jotcham





REGISTERED OFFICE: The Waterside
Horse Fair Lane
Newent
Gloucestershire
GL18 1RG





REGISTERED NUMBER: 13719142 (England and Wales)





ACCOUNTANTS: Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE

Forest Classic Homes Ltd (Registered number: 13719142)

Balance Sheet
30th November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,147 148

CURRENT ASSETS
Stocks 5 - 386,638
Debtors 6 15,823 7,437
Cash at bank 3,425 45
19,248 394,120
CREDITORS
Amounts falling due within one year 7 25,259 426,506
NET CURRENT LIABILITIES (6,011 ) (32,386 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,136

(32,238

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 22,036 (32,338 )
SHAREHOLDERS' FUNDS 22,136 (32,238 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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 and authorised for issue by the Board of Directors and authorised for issue on 11th August 2025 and were signed on its behalf by:





P M Jotcham - Director


Forest Classic Homes Ltd (Registered number: 13719142)

Notes to the Financial Statements
For The Year Ended 30th November 2024

1. STATUTORY INFORMATION

Forest Classic Homes 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 - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

Forest Classic Homes Ltd (Registered number: 13719142)

Notes to the Financial Statements - continued
For The Year Ended 30th November 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st December 2023 166
Additions 30,413
At 30th November 2024 30,579
DEPRECIATION
At 1st December 2023 18
Charge for year 2,414
At 30th November 2024 2,432
NET BOOK VALUE
At 30th November 2024 28,147
At 30th November 2023 148

5. STOCKS
30.11.24 30.11.23
£    £   
Work-in-progress - 386,638

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Directors' current accounts 14,006 -
VAT 1,817 7,437
15,823 7,437

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 34 34,086
Tax 23,976 -
Directors' current accounts - 391,219
Accrued expenses 1,249 1,201
25,259 426,506

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
100 Ordinary Shares £1 100 100

Forest Classic Homes Ltd (Registered number: 13719142)

Notes to the Financial Statements - continued
For The Year Ended 30th November 2024

9. RESERVES
Retained
earnings
£   

At 1st December 2023 (32,338 )
Profit for the year 131,910
Dividends (77,536 )
At 30th November 2024 22,036

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th November 2024 and 30th November 2023:

30.11.24 30.11.23
£    £   
P M Jotcham and Mrs N L Jotcham
Balance outstanding at start of year - -
Amounts advanced 14,006 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,006 -

11. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

Forest Classic Homes Ltd

Report of the Accountants to the Directors of
Forest Classic Homes Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30th November 2024 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE


11th August 2025