REGISTERED NUMBER: 08458650 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Forwood Energy Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M V C Worrall

Mr N J Bacon

REGISTERED OFFICE:

Saucemeres Farm

Mallows Green

Bishop's Stortford

Hertfordshire

CM23 1BS

REGISTERED NUMBER:

08458650 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

4

1,848

2,254

CURRENT ASSETS

Debtors

161,457

79,129

Cash at bank

17,427

8,175

178,884

87,304

CREDITORS

Amounts falling due within one year

71,635

40,183

NET CURRENT ASSETS

107,249

47,121

TOTAL ASSETS LESS CURRENT LIABILITIES

109,097

49,375

CREDITORS

Amounts falling due after more than one year

111,231

129,230

NET LIABILITIES

(2,134

)

(79,855

)

CAPITAL AND RESERVES

Called up share capital

5

100

100

Retained earnings

(2,234

)

(79,955

)

SHAREHOLDERS' FUNDS

(2,134

)

(79,855

)

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.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 4 December 2025 and were signed on its behalf by:

Mr M V C Worrall - Director

Mr N J Bacon - Director

1.	STATUTORY INFORMATION

Forwood Energy 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.

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.

The financial statements have been prepared on a going concern basis. The Directors consider the basis to be appropriate despite the fact that the balance sheet shows net liabilities of £2,134 (2024: £79,855) at 31st March 2025 as this is due to the director's loan balance. The company is generating sufficient cash flows on a weekly basis together with support of its directors to meet it liabilities.

Should the company be unable to continue trading, adjustments would have been made to adjust the value of the assets to their recoverable amount, to provide for any further liabilities which might arise.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & machinery

- 20% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

13,558

DEPRECIATION

At 1 April 2024

11,304

Charge for year

406

At 31 March 2025

11,710

NET BOOK VALUE

At 31 March 2025

1,848

At 31 March 2024

2,254

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1.00

100

100