Forest Homes Stamford Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11192610

FOREST HOMES STAMFORD LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 January 2026

FOREST HOMES STAMFORD LTD

STATEMENT OF FINANCIAL POSITION

31 January 2026

	2026		2025
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5	68,197	27,712
Investments	6	100	–
		--------	--------
		68,297	27,712

CURRENT ASSETS

Stocks		–	65,704
Debtors	7	91,463	24,850
Cash at bank and in hand		153,980	199,565
		---------	---------
		245,443	290,119

CREDITORS: amounts falling due within one year	8	28,564		103,809
		---------		---------
NET CURRENT ASSETS			216,879		186,310
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			285,176		214,022

PROVISIONS	17,049	4,292
	---------	---------
NET ASSETS	268,127	209,730
	---------	---------

CAPITAL AND RESERVES

Called up share capital fully paid	60	60
Capital redemption reserve	60	60
Profit and loss account	268,007	209,610
	---------	---------
SHAREHOLDERS FUNDS	268,127	209,730
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 2026 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

FOREST HOMES STAMFORD LTD

STATEMENT OF FINANCIAL POSITION (continued)

31 January 2026

These financial statements were approved by the board of directors and authorised for issue on 20 May 2026 , and are signed on behalf of the board by:

Mr D McDonald
Director

Company registration number: 11192610

FOREST HOMES STAMFORD LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 JANUARY 2026

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4 Badgers Close, Manton, Oakham, LE15 8SQ, England.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Motor vehicles	-	25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).

5. TANGIBLE ASSETS

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 February 2025	26,656	54,408	81,064
Additions	3,519	76,554	80,073
Disposals	–	( 54,408)	( 54,408)
	--------	--------	---------
At 31 January 2026	30,175	76,554	106,729
	--------	--------	---------
Depreciation
At 1 February 2025	15,799	37,553	53,352
Charge for the year	3,594	19,139	22,733
Disposals	–	( 37,553)	( 37,553)
	--------	--------	---------
At 31 January 2026	19,393	19,139	38,532
	--------	--------	---------
Carrying amount
At 31 January 2026	10,782	57,415	68,197
	--------	--------	---------
At 31 January 2025	10,857	16,855	27,712
	--------	--------	---------

6. INVESTMENTS

	Shares in group undertakings
	£
Cost
At 1 February 2025	–
Additions	100
	----
At 31 January 2026	100
	----
Impairment
At 1 February 2025 and 31 January 2026	–
	----

Carrying amount
At 31 January 2026	100
	----
At 31 January 2025	–
	----

7. DEBTORS

	2026	2025
	£	£
Other debtors	91,463	24,850
	--------	--------

8. CREDITORS: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	20,140	72,757
Corporation tax	6,659	–
Social security and other taxes	–	4,505
Other creditors	1,765	26,547
	--------	---------
	28,564	103,809
	--------	---------

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the director entered into the following advances and credits with the company:

	2026
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr D McDonald	9,790	150	( 10,205)	( 265)
	-------	----	--------	----

	2025
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr D McDonald	9,790	–	–	9,790
	-------	----	----	-------