REGISTERED NUMBER: 06856118 (England and Wales)

FORREST PRINT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A R Forrest

Mrs J Forrest

REGISTERED OFFICE:

4 Nelson Quay

Milford Haven

Pembrokeshire

SA73 3BN

REGISTERED NUMBER:

06856118 (England and Wales)

ACCOUNTANTS:

Llewelyn Davies

Chartered Accountants

50 Queen Street

Pembroke Dock

Pembrokeshire

SA72 6JE

FIXED ASSETS

Tangible assets

4

6,019

6,962

Investments

5

13,000

13,000

19,019

19,962

CURRENT ASSETS

Debtors

6

5,079

95

Cash at bank and in hand

5,945

3,091

11,024

3,186

CREDITORS

Amounts falling due within one year

7

19,253

13,553

NET CURRENT LIABILITIES

(8,229

)

(10,367

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,790

9,595

PROVISIONS FOR LIABILITIES

1,279

1,376

NET ASSETS

9,511

8,219

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

9,509

8,217

9,511

8,219

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.

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 23 December 2025 and were signed on its behalf by:

Mr A R Forrest - Director

1.	STATUTORY INFORMATION

Forrest Print 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.

Turnover

Turnover is measured 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 and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

17,879

11,804

6,000

600

36,283

Additions

-

-

-

1,108

1,108

At 31 March 2025

17,879

11,804

6,000

1,708

37,391

DEPRECIATION

At 1 April 2024

14,859

10,514

3,469

479

29,321

Charge for year

755

258

633

405

2,051

At 31 March 2025

15,614

10,772

4,102

884

31,372

NET BOOK VALUE

At 31 March 2025

2,265

1,032

1,898

824

6,019

At 31 March 2024

3,020

1,290

2,531

121

6,962

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakin

£

COST

At 1 April 2024

and 31 March 2025

13,000

NET BOOK VALUE

At 31 March 2025

13,000

At 31 March 2024

13,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,079

95

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

6,774

4,239

Taxation and social security

11,056

6,450

Other creditors

1,423

2,864

19,253

13,553

8.	RELATED PARTY DISCLOSURES