Forsyth Productions Limited - Filleted accounts

Registered number

08397819

Forsyth Productions Limited

Unaudited Filleted Accounts

28 February 2025

Forsyth Productions Limited
Registered number:		08397819
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		108,510			12,965

Current assets
Debtors	4	7,177			10,847
Cash at bank and in hand		431,427			891,372
		438,604			902,219

Creditors: amounts falling due within one year	5	(228,932)			(189,347)

Net current assets			209,672			712,872

Net assets			318,182			725,837

Capital and reserves
Called up share capital			100			100
Profit and loss account			318,082			725,737

Shareholders' funds			318,182			725,837

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs R. Forsyth
Director
Approved by the board on 8 September 2025

Forsyth Productions Limited
Notes to the Accounts
for the year ended 28 February 2025


1	Statement of compliance

	Forsyth Productions is a private company limited by shares incorporated in England and Wales. The adress of the reistered office is Unit T13, Tideway Yard, 125 Mortlake High Street, London, United Kingdom, SW14 8SN.



2	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

	Going concern
	The directors have assessed the company's ability to continue as a going concern and have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. In doing this, they have considered the level of reserves held, the results for the period, expectations of future trading as a result of trading relationships with key customers. On the basis of this information the directors are satisfied that the company will continue as a going concern and so the financial statements have been prepared on this basis.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Plant and machinery			over 5 years
	Motor vehicles			20% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 March 2024	16,986		3,936		-		20,922
	Additions	-		589		124,011		124,600
	At 28 February 2025	16,986		4,525		124,011		145,522

	Depreciation
	At 1 March 2024	6,794		1,163		-		7,957
	Charge for the year	3,397		856		24,802		29,055
	At 28 February 2025	10,191		2,019		24,802		37,012

	Net book value
	At 28 February 2025	6,795		2,506		99,209		108,510
	At 29 February 2024	10,192		2,773		-		12,965


4	Debtors					2025		2024
£							£

	Trade debtors					6,677		54
	Directors' loan account					-		7,793
	Other debtors					500		3,000
						7,177		10,847


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Directors' loan account					1,110		-
	Taxation and social security costs					226,437		187,730
	Other creditors					1,385		1,617
						228,932		189,347