Company Registration No. 11854513 (England and Wales)
Forays Investments Cowdray Limited
Unaudited accounts
for the year ended 31 August 2025
Forays Investments Cowdray Limited
Unaudited accounts
Contents
Forays Investments Cowdray Limited
Company Information
for the year ended 31 August 2025
Directors
A K Atkinson
R N Atkinson
Company Number
11854513 (England and Wales)
Registered Office
6 Cedar Business Park
Cedar Lane
Frimley
Surrey
GU16 7AZ
England
Forays Investments Cowdray Limited
Statement of financial position
as at 31 August 2025
Investment property
1,040,000
1,040,000
Cash at bank and in hand
554
585
Creditors: amounts falling due within one year
(198,734)
(201,891)
Net current liabilities
(186,205)
(186,084)
Total assets less current liabilities
853,795
853,916
Creditors: amounts falling due after more than one year
(652,605)
(652,565)
Provisions for liabilities
Deferred tax
(6,902)
(6,902)
Net assets
194,288
194,449
Called up share capital
100
100
Profit and loss account
194,188
194,349
Shareholders' funds
194,288
194,449
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 27 May 2026 and were signed on its behalf by
A K Atkinson
Director
Company Registration No. 11854513
Forays Investments Cowdray Limited
Notes to the Accounts
for the year ended 31 August 2025
Forays Investments Cowdray Limited is a private company, limited by shares, registered in England and Wales, registration number 11854513. The registered office is 6 Cedar Business Park, Cedar Lane, Frimley, Surrey, GU16 7AZ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
All borrowing costs are recognised in profit or loss in the period in which they are incurred.
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Forays Investments Cowdray Limited
Notes to the Accounts
for the year ended 31 August 2025
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 or loss.
Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting polices. In preparing these financial statements, the directors have made the following judgements:
Determine whether there are indicators of impairment of the company's investment property. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.
Fair value at 1 September 2024
1,040,000
At 31 August 2025
1,040,000
The directors have confirmed that they are satisfied that £1,040,000 represents the market value of the property as at 31 August 2025.
Amounts falling due within one year
Trade debtors
11,775
15,022
Amounts due from group undertakings etc.
200
200
6
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
198,300
188,000
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
652,605
652,565
The bank borrowings are secured by a legal charge over the freehold investment properties held by the company.
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).