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Registration number: 05921019

Funforest Limited
Filleted Unaudited Financial Statements
for the Year Ended 31 August 2025

Funforest Limited

Contents

Balance Sheet | 1
Notes to the Financial Statements | 2 to 5

Funforest Limited

(Registration number: 05921019)
Balance Sheet as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 154,137 | 171,327
Current assets |  |  |
Stocks |  | 6,016 | 6,766
Debtors | 5 | 6,884 | 8,273
Cash at bank and in hand |  | 168,446 | 144,602
|  | 181,346 | 159,641
Creditors: Amounts falling due within one year | 6 | (57,148) | (52,144)
Net current assets |  | 124,198 | 107,497
Total assets less current liabilities |  | 278,335 | 278,824
Provisions for liabilities |  | (2,377) | (1,831)
Net assets |  | 275,958 | 276,993
Capital and reserves |  |  |
Called up share capital | 7 | 1,550 | 1,550
Retained earnings |  | 274,408 | 275,443
Shareholders' funds |  | 275,958 | 276,993

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 11 May 2026

Mr N N Du Val Director |  |

Funforest Limited

Notes to the Financial Statements for the Year Ended 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Europa Way
Brigg
North Lincolnshire
DN20 8UN

Registration number: 05921019

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Funforest Limited

Notes to the Financial Statements for the Year Ended 31 August 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Land and buildings | 4% straight line
Plant and machinery | 15% straight line/over three years
Office equipment | 25% straight line/over three years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Funforest Limited

Notes to the Financial Statements for the Year Ended 31 August 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year was 22 (2024 - 24).

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 September 2024 | 516,423 | 184,604 | 701,027
Additions | - | 4,902 | 4,902
Disposals | - | (3,445) | (3,445)
At 31 August 2025 | 516,423 | 186,061 | 702,484
Depreciation
At 1 September 2024 | 347,824 | 181,876 | 529,700
Charge for the year | 20,660 | 1,427 | 22,087
Eliminated on disposal | - | (3,440) | (3,440)
At 31 August 2025 | 368,484 | 179,863 | 548,347
Carrying amount
At 31 August 2025 | 147,939 | 6,198 | 154,137
At 31 August 2024 | 168,599 | 2,728 | 171,327

Included within the net book value of land and buildings above is £147,939 (2024 - £168,599) in respect of freehold land and buildings.

Funforest Limited

Notes to the Financial Statements for the Year Ended 31 August 2025

5 | Debtors

Current | 2025 £ | 2024 £
Prepayments | 6,884 | 6,829
Other debtors | - | 1,444
| 6,884 | 8,273

6 | Creditors

| 2025 £ | 2024 £
Due within one year |  |
Trade payables | 9,074 | 7,101
Social security and other taxes | 38,570 | 35,631
Other payables | 9,504 | 9,412
| 57,148 | 52,144

| 2025 £ | 2024 £

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Shares of £1 each | 1,450 | 1,450 | 1,450 | 1,450
Ordinary A Shares of £1 each | 50 | 50 | 50 | 50
Ordinary B Shares of £1 each | 50 | 50 | 50 | 50
| 1,550 | 1,550 | 1,550 | 1,550