ACCOUNTS - Final Accounts preparation

Creditors: amounts falling due within one year

Registered number: 10595482

TAG FORESTRY INVESTMENTS LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2025

TAG FORESTRY INVESTMENTS LTD

REGISTERED NUMBER: 10595482

BALANCE SHEET

AS AT 28 FEBRUARY 2025

	28 February	29 February
	2025	2024
Note	€	€

Fixed assets
Investments	4		7,000,000		7,044,268
			7,000,000		7,044,268
Current assets
Cash at bank and in hand		308,907		632,804
Curent liabilities		308,907		632,804
Creditors: amounts falling due within one year	5	(6,291,863)		(7,091,479)
Net current liabilities			(5,982,956)		(6,458,675)
Total assets less current liabilities			1,017,044		585,593

Net assets			1,017,044		585,593

Capital and reserves
Called up share capital	6	118	118
Profit and loss account		1,016,926	585,475
		1,017,044	585,593

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

M L Bonnet

Director

Date: 18 September 2025

The notes on pages 3 to 6 form part of these financial statements.

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TAG FORESTRY INVESTMENTS LTD

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 28 FEBRUARY 2025

	Called up share capital	Profit and loss account	Total equity
	€	€	€
At 1 March 2024	118	585,475	585,593
Comprehensive income for the year
Profit for the year	-	443,912	443,912
Dividends: Equity capital	-	(12,461)	(12,461)
At 28 February 2025	118	1,016,926	1,017,044

The notes on pages 3 to 6 form part of these financial statements.

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 29 FEBRUARY 2024

	Called up share capital	Profit and loss account	Total equity
	€	€	€
At 1 March 2023	118	410,018	410,136

Profit for the year	-	207,739	207,739
Dividends: Equity capital	-	(32,282)	(32,282)
At 29 February 2024	118	585,475	585,593

The notes on pages 3 to 6 form part of these financial statements.

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TAG FORESTRY INVESTMENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1.	General information

TAG Forestry Investments Ltd is a limited liability company incorporated in England and Wales. The address of its registered office is Reading Bridge House, George Street, Reading, Berkshire, RG1 8LS.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The company meets its day to day working capital requirements through financial support from a related party loan. The loan to the company will not be called in until the company has sufficient funds to repay.
Based on this and taken together with existing financing facilities the director believes that the financial statements have been prepared appropriately on the going concern basis.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is Euros.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.5

Valuation of investments

Investments in unlisted companies are measured at cost less accumulated impairment, where fair value cannot be reliably determined.

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TAG FORESTRY INVESTMENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

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TAG FORESTRY INVESTMENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

4.	Fixed asset investments

		Unlisted investments
		€
	Cost or valuation
	At 1 March 2024	7,044,268
	Disposals	(44,268)
	At 28 February 2025	7,000,000

Other loans	6,244,268	7,044,268
Corporation tax	32,441	-
Other creditors	11,143	11,143
Accruals and deferred income	4,011	36,068
	6,291,863	7,091,479

The company repaid €44,268 of its outstanding loan after the year end.

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TAG FORESTRY INVESTMENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Allotted, called up and partly paid

118 (2024 - 118) Ordinary shares of £1.00 each	118	118

7.	Related party transactions
	During the year dividends payable to the director amounted to €12,461 (2024: €32,282).

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