1 January 2025 false No description of principal activity Taxfiler 2024.6 07869130 business:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07869130 2024-12-31 07869130 2025-01-01 2025-12-31 07869130 business:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 07869130 business:FilletedAccounts 2025-01-01 2025-12-31 07869130 2025-12-31 07869130 business:Director2 2025-01-01 2025-12-31 07869130 business:RegisteredOffice 2025-01-01 2025-12-31 07869130 2024-12-31 07869130 core:WithinOneYear 2025-12-31 07869130 core:WithinOneYear 2024-12-31 07869130 core:AfterOneYear 2025-12-31 07869130 core:AfterOneYear 2024-12-31 07869130 core:ShareCapital core:PreviouslyStatedAmount 2025-12-31 07869130 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 07869130 core:CapitalRedemptionReserve core:PreviouslyStatedAmount 2025-12-31 07869130 core:CapitalRedemptionReserve core:PreviouslyStatedAmount 2024-12-31 07869130 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-12-31 07869130 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 07869130 core:PreviouslyStatedAmount 2025-12-31 07869130 core:PreviouslyStatedAmount 2024-12-31 07869130 business:SmallEntities 2025-01-01 2025-12-31 07869130 countries:EnglandWales 2025-01-01 2025-12-31 07869130 core:PlantMachinery 2025-01-01 2025-12-31 07869130 core:FurnitureFittings 2025-01-01 2025-12-31 07869130 core:IntangibleAssetsOtherThanGoodwill 2024-12-31 07869130 core:IntangibleAssetsOtherThanGoodwill 2025-12-31 07869130 core:FurnitureFittings 2024-12-31 07869130 core:FurnitureFittings 2025-12-31 07869130 core:AcceleratedTaxDepreciationDeferredTax 2025-12-31 07869130 core:AcceleratedTaxDepreciationDeferredTax 2024-12-31 07869130 2023-12-31 07869130 2024-01-01 2024-12-31 07869130 business:OrdinaryShareClass1 2025-01-01 2025-12-31 07869130 business:OrdinaryShareClass1 2024-01-01 2024-12-31 07869130 core:BetweenOneFiveYears 2025-12-31 07869130 core:BetweenOneFiveYears 2024-12-31 07869130 core:MoreThanFiveYears 2025-12-31 07869130 core:MoreThanFiveYears 2024-12-31 07869130 business:Director1 2025-01-01 2025-12-31 07869130 business:Director1 1 2025-01-01 2025-12-31 07869130 business:Director1 1 2024-12-31 07869130 business:Director1 1 2025-12-31 07869130 business:Director1 2 2025-01-01 2025-12-31 07869130 business:Director1 2 2024-12-31 07869130 business:Director1 2 2025-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07869130 (England and Wales)
Old Forge (Home & Garden) Ltd Unaudited accounts for the year ended 31 December 2025
Old Forge (Home & Garden) Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Old Forge (Home & Garden) Ltd Company Information for the year ended 31 December 2025
Director
Lynne Hazell Piper
Company Number
07869130 (England and Wales)
Registered Office
Old Forge Home & Garden Ltd The Forge Lewes Road, Ringmer Lewes East Sussex BN8 5NB England
Accountants
Maxwell-Gumbleton & Co. 1 West Street Lewes East Sussex BN7 2NZ
- 3 -
Old Forge (Home & Garden) Ltd Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
10,406
11,320
Current assets
Inventories
4,906
5,000
Debtors
6
10,951
22,610
Cash at bank and in hand
34,883
27,085
50,740
54,695
Creditors: amounts falling due within one year
7
(35,905)
(35,215)
Net current assets
14,835
19,480
Total assets less current liabilities
25,241
30,800
Creditors: amounts falling due after more than one year
8
(23,022)
(23,306)
Provisions for liabilities
Deferred tax
9
(1,978)
(3,257)
Net assets
241
4,237
Capital and reserves
Called up share capital
10
100
100
Capital redemption reserve
100
100
Profit and loss account
41
4,037
Shareholders' funds
241
4,237
For the year ending 31 December 2025 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 January 2026 and were signed on its behalf by
Lynne Hazell Piper Director Company Registration No. 07869130
- 4 -
Old Forge (Home & Garden) Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Old Forge (Home & Garden) Ltd is a private company, limited by shares, registered in England and Wales, registration number 07869130. The registered office is Old Forge Home & Garden Ltd, The Forge, Lewes Road, Ringmer, Lewes, East Sussex, BN8 5NB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
Old Forge (Home & Garden) Ltd Notes to the Accounts for the year ended 31 December 2025
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Intangible fixed assets
Other
£
Cost
At 1 January 2025
13,000
At 31 December 2025
13,000
Amortisation
At 1 January 2025
13,000
At 31 December 2025
13,000
Net book value
At 31 December 2025
-
5
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 January 2025
27,875
Additions
2,554
At 31 December 2025
30,429
Depreciation
At 1 January 2025
16,555
Charge for the year
3,468
At 31 December 2025
20,023
Net book value
At 31 December 2025
10,406
At 31 December 2024
11,320
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
1,736
479
Other debtors
9,215
22,131
10,951
22,610
- 6 -
Old Forge (Home & Garden) Ltd Notes to the Accounts for the year ended 31 December 2025
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
4,752
VAT
18,749
16,304
Trade creditors
1,765
3,854
Taxes and social security
14,641
9,165
Other creditors
-
254
Loans from directors
-
136
Accruals
750
750
35,905
35,215
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
23,022
23,306
9
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
1,978
3,257
2025
2024
£
£
Provision at start of year
3,257
-
(Credited)/charged to the profit and loss account
(1,279)
3,257
Provision at end of year
1,978
3,257
10
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary A shares of £1 each
100
100
11
Operating lease commitments
2025
2024
£
£
At 31 December 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
14,991
11,622
Later than one year and not later than five years
59,964
-
Later than five years
71,611
-
146,566
11,622
- 7 -
Old Forge (Home & Garden) Ltd Notes to the Accounts for the year ended 31 December 2025
12
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Katharine Jean Mary Dawson
Loan repayable on demand. Interest charged at the beneficial loan interest rate
21,543
-
21,543
-
Loan repayable on demand. Interest charged at the beneficial loan interest rate
-
7,918
-
7,918
21,543
7,918
21,543
7,918
13
Average number of employees
During the year the average number of employees was 11 (2024: 10).
- 8 -