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REGISTERED NUMBER: 10859873 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

FORESTVIEWCARE LIMITED

FORESTVIEWCARE LIMITED (REGISTERED NUMBER: 10859873)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FORESTVIEWCARE LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2025







DIRECTORS: R S Heath
Mrs E M Kent





REGISTERED OFFICE: 45 Upper Walthamstow Road
Walthamstow
London
E17 3QG





REGISTERED NUMBER: 10859873 (England and Wales)





ACCOUNTANTS: KNIGHT WHEELER LIMITED
Chartered Accountants
54 Sun Street
Waltham Abbey
Essex
EN9 1EJ

FORESTVIEWCARE LIMITED (REGISTERED NUMBER: 10859873)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £   
FIXED ASSETS
Intangible assets 4 277,500 370,000
Tangible assets 5 2,276,327 2,219,711
2,553,827 2,589,711

CURRENT ASSETS
Cash at bank and in hand 142,225 289,157

CREDITORS
Amounts falling due within one year 6 (816,129 ) (977,913 )
NET CURRENT LIABILITIES (673,904 ) (688,756 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,879,923

1,900,955

CREDITORS
Amounts falling due after more than one
year

7

(1,091,734

)

(1,155,299

)

PROVISIONS FOR LIABILITIES (117,958 ) (117,958 )
NET ASSETS 670,231 627,698

CAPITAL AND RESERVES
Called up share capital 100 100
Property revaluation reserve 426,538 426,538
Retained earnings 243,593 201,060
670,231 627,698

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

FORESTVIEWCARE LIMITED (REGISTERED NUMBER: 10859873)

BALANCE SHEET - continued
31 March 2025


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 21 August 2025 and were signed on its behalf by:




R S Heath - Director



Mrs E M Kent - Director


FORESTVIEWCARE LIMITED (REGISTERED NUMBER: 10859873)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

ForestViewCare Limited 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.

The presentation currency of the financial statement is the Pound Sterling (£) which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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 as modified by the revaluation of certain assets.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Improvements to property - 2% on cost
Fixtures and fittings - 15% on cost
Office equipment - 25% on cost

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.

FORESTVIEWCARE LIMITED (REGISTERED NUMBER: 10859873)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction, it is measured at present value.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Cash and cash equivalents
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and any short term deposits

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2024 - 28 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 925,000
AMORTISATION
At 1 April 2024 555,000
Amortisation for year 92,500
At 31 March 2025 647,500
NET BOOK VALUE
At 31 March 2025 277,500
At 31 March 2024 370,000

FORESTVIEWCARE LIMITED (REGISTERED NUMBER: 10859873)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and Office
property property fittings equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1 April 2024 2,035,000 255,153 48,847 6,954 2,345,954
Additions - 100,914 - - 100,914
At 31 March 2025 2,035,000 356,067 48,847 6,954 2,446,868
DEPRECIATION
At 1 April 2024 61,934 14,718 42,638 6,953 126,243
Charge for year 30,967 7,123 6,208 - 44,298
At 31 March 2025 92,901 21,841 48,846 6,953 170,541
NET BOOK VALUE
At 31 March 2025 1,942,099 334,226 1 1 2,276,327
At 31 March 2024 1,973,066 240,435 6,209 1 2,219,711

Included in cost or valuation of land and buildings is freehold land of £ 610,500 (2024 - £ 610,500 ) which is not depreciated.

Cost or valuation at 31 March 2025 is represented by:

Improvements Fixtures
Freehold to and Office
property property fittings equipment Totals
£    £    £    £    £   
Valuation in 2022 471,831 - - - 471,831
Cost 1,563,169 356,067 48,847 6,954 1,975,037
2,035,000 356,067 48,847 6,954 2,446,868

If freehold land and buildings had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 1,563,169 1,563,169
Aggregate depreciation 80,358 80,358

Value of land in freehold land and buildings 430,500 430,500

Freehold land and buildings were valued on an open market basis on 31 March 2025 by the directors .

FORESTVIEWCARE LIMITED (REGISTERED NUMBER: 10859873)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts (see note 8) 64,619 53,784
Trade creditors 23,269 30,380
Directors loan account - Robert Heath 516,362 595,531
Directors loan account - Elizabeth Kent 77,764 117,824
Other loan account - Anna Young 50,142 68,549
Oher loan account - Catherine McCartney 9,637 14,637
Tax 68,686 92,485
Other creditors 2,400 1,473
Accrued expenses 3,250 3,250
816,129 977,913

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans (see note 8) 1,091,734 1,155,299

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 864,717 961,799

8. LOANS

An analysis of the maturity of loans is given below:

2025 2024
£    £   
Amounts falling due within one year or on demand:
Bank loans 64,619 53,784

Amounts falling due between one and two years:
Bank loans - 1-2 years 62,616 53,784

Amounts falling due between two and five years:
Bank loans - 2-5 years 164,401 139,716

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 864,717 961,799

FORESTVIEWCARE LIMITED (REGISTERED NUMBER: 10859873)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 1,156,353 1,209,083

The bank loan is secured by way of a fixed charge over the company's freehold property.