Forest View Property Limited


Directors	Mandeep Singh Binning
	Antonis Demetri
	Antonis Theori
	Nicholas Theori


Registered Address	2nd Floor10-12 Bourlet Close 10-12 Bourlet Close
	London
	W1W 7BR


Place of Business	Olive Tree Centre
	472A Larkshall Road
	Higham's Park
	London
	E4 9HH


Registered Number	14261495 (England and Wales)

Balance Sheet as at
31 January 2025

	Notes	31 Jan 2025		31 Jul 2023
		£	£	£	£
Fixed assets
Tangible assets	3		6,000,000		4,538,712
			6,000,000		4,538,712
Current assets
Debtors	4	395,670		187,709
Cash at bank and on hand		232,137		7,198
		627,807		194,907
Creditors amounts falling due within one year	5	(2,920,308)		(4,303,033)
Net current assets (liabilities)			(2,292,501)		(4,108,126)
Total assets less current liabilities			3,707,499		430,586
Provisions for liabilities	6		(365,322)		-
Net assets			3,342,177		430,586
Capital and reserves
Called up share capital			100		100
Profit and loss account			3,342,077		430,486
Shareholders' funds			3,342,177		430,586

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 2 July 2025, and are signed on its behalf by:

Mandeep Singh Binning
Director
Registered Company No. 14261495

Forest View Property Limited

Notes to the Financial Statements
for the period ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover represents the net value of the rent received as per rental agreements.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Investment property
	Investment Properties are stated at fair market valuations. Surplus or deficit arising on their valuation are transferred to the profit and loss account.

2.	Average number of employees


		2025		2023
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Total
	£	£
Cost or valuation
At 01 August 23	4,538,712	4,538,712
Revaluations	1,461,288	1,461,288
At 31 January 25	6,000,000	6,000,000
Net book value
At 31 January 25	6,000,000	6,000,000
At 31 July 23	4,538,712	4,538,712


	The valuation of the property has been carried out by the directors of the company and reflects the fair market value at the balance sheet date. The historical cost of the investment property is £4,538,712.

4.	Debtors: amounts due within one year

	2025	2023
	£	£
Trade debtors / trade receivables	41,667	-
Other debtors	339,500	187,709
Prepayments and accrued income	14,503	-
Total	395,670	187,709

5.	Creditors: amounts due within one year

	2025	2023
	£	£
Trade creditors / trade payables	-	313
Taxation and social security	605,208	114,320
Other creditors	1,122,060	4,052,000
Accrued liabilities and deferred income	1,193,040	136,400
Total	2,920,308	4,303,033


	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.

6.	Provisions for liabilities

	2025	2023
	£	£
Net deferred tax liability (asset)	365,322	-
Total	365,322	-