Forest Building Development & Property LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC346554

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		160,129		176,278

			160,129		176,278
CURRENT ASSETS
Debtors	5	273		374
Cash at bank and in hand		77,862		81,963

		78,135		82,337
Creditors: Amounts Falling Due Within One Year	6	(4,253 )		(4,622 )

NET CURRENT ASSETS (LIABILITIES)			73,882		77,715

TOTAL ASSETS LESS CURRENT LIABILITIES			234,011		253,993

NET ASSETS ATTRIBUTABLE TO MEMBERS			234,011		253,993

REPRESENTED BY:
Loans and other debts due to members
Other amounts		35,584		22,566

			35,584		22,566

Equity
Members' other interests
Members' capital		198,427		231,427

			198,427		231,427

			234,011		253,993

TOTAL MEMBERS' INTEREST
Loans and other debts due to members			35,584		22,566
Members' other interests			198,427		231,427

			234,011		253,993

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Forest Building Development & Property LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mrs H M Dwyer

Designated Member

06/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Forest Building Development & Property LLP is a limited liability partnership, incorporated in England & Wales, registered number OC346554 . The Registered Office is 14 The Meadway, Loughton, Essex, IG10 3AN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	3.57% on cost
Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	10% reducing balance
Computer Equipment	25% reducing balance

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2024	315,380	16,205	39,990	7,521

As at 31 March 2025	315,380	16,205	39,990	7,521

Depreciation
As at 1 April 2024	159,755	15,920	21,713	5,667
Provided during the period	11,264	71	4,569	185

As at 31 March 2025	171,019	15,991	26,282	5,852

Net Book Value
As at 31 March 2025	144,361	214	13,708	1,669

As at 1 April 2024	155,625	285	18,277	1,854

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Forest Building Development & Property LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2024	690	379,786

As at 31 March 2025	690	379,786

Depreciation
As at 1 April 2024	453	203,508
Provided during the period	60	16,149

As at 31 March 2025	513	219,657

Net Book Value
As at 31 March 2025	177	160,129

As at 1 April 2024	237	176,278

5. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Prepayments and accrued income	273	374

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	-	450
VAT	1,608	1,602
Other creditors	2,170	2,170
Accruals and deferred income	475	400

	4,253	4,622

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