REGISTERED NUMBER: 11308498 (England and Wales)

Unaudited Financial Statements

for the Year Ended 29 April 2024

for

Forest Hill Developments (NW) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs K L Ellis

SECRETARY:

Mrs K L Ellis

REGISTERED OFFICE:

43a Weld Road

Birkdale

Southport

Merseyside

PR8 2DS

REGISTERED NUMBER:

11308498 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Ltd

13a Duke Street

Southport

Merseyside

PR8 1LS

CURRENT ASSETS

Debtors

4

2,081,946

1,728,781

Cash at bank

-

997

2,081,946

1,729,778

CREDITORS

Amounts falling due within one year

5

(277,330

)

(229,069

)

NET CURRENT ASSETS

1,804,616

1,500,709

TOTAL ASSETS LESS CURRENT LIABILITIES

1,804,616

1,500,709

CREDITORS

Amounts falling due after more than one year

6

(1,490,580

)

(1,267,025

)

NET ASSETS

314,036

233,684

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

313,936

233,584

SHAREHOLDERS' FUNDS

314,036

233,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 December 2025 and were signed by:

Mrs K L Ellis - Director

1.	STATUTORY INFORMATION

Forest Hill Developments (NW) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

-

8,410

Directors' current accounts

248,057

263,973

VAT

5,989

7,054

Prepayments & accrued income

3,900

9,344

257,946

288,781

Amounts falling due after more than one year:

Amounts recoverable on contract

1,824,000

1,440,000

Aggregate amounts

2,081,946

1,728,781

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

133,404

130,747

Amounts owed to group undertakings

17,190

-

Tax

117,536

91,282

Accrued expenses

9,200

7,040

277,330

229,069

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other loans (see note 7)

1,490,580

1,267,025

7.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due between one and two years:

Investment loan

1,490,580

1,267,025

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Investment loan

1,276,896

1,166,089

The investment loan is secured against the land and property being developed.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

1

100

100

10.

RESERVES

Retained

earnings

£

At 30 April 2023

233,584

Profit for the year

80,352

At 29 April 2024

313,936

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 April 2024 and 29 April 2023:

2024

2023

£

£

Mrs K L Ellis

Balance outstanding at start of year

263,973

130,281

Amounts advanced

61,281

362,857

Amounts repaid

(77,197

)

(229,165

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

248,057

263,973

Interest has been charged at HMRC approved rates on overdrawn balances during the year.