Forest Builds Limited


Directors	Mandeep Singh Binning
	Antonis Theori


Company Secretary	Antonis Theori


Registered Address	C/O Nicholas Peters & Co 2nd Floor
	10-12 Bourlet Close
	London
	W1W 7BR


Place of Business	Olive Tree Centre
	472A Larkshall Road
	Higham's Park
	London
	E4 9HH


Registered Number	06539115 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		3,400,000		3,400,000
Investments	4		233		233
			3,400,233		3,400,233
Current assets
Debtors	5,6	358,795		405,017
Cash at bank and on hand		73,519		24,624
		432,314		429,641
Creditors amounts falling due within one year	7	(2,038,459)		(279,407)
Net current assets (liabilities)			(1,606,145)		150,234
Total assets less current liabilities			1,794,088		3,550,467
Creditors amounts falling due after one year	8		-		(1,777,893)
Provisions for liabilities	10		(217,577)		(217,577)
Net assets			1,576,511		1,554,997
Capital and reserves
Called up share capital			100		100
Profit and loss account			1,576,411		1,554,897
Shareholders' funds			1,576,511		1,554,997

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 28 April 2026, and are signed on its behalf by:

Antonis Theori
Director
Registered Company No. 06539115

Forest Builds Limited

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover represents the net value of the rent received as per rental agreements.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Investment property
	Investment Properties are stated at fair market valuation. Surplus or deficit arising on the revaluation are transferred to the profit and loss account.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Total
	£	£
Cost or valuation
At 01 April 25	3,400,000	3,400,000
At 31 March 26	3,400,000	3,400,000
Net book value
At 31 March 26	3,400,000	3,400,000
At 31 March 25	3,400,000	3,400,000


	The valuation of the properties have been carried out by the directors of the company and reflect the fair market value at the balance sheet date. The historical cost of the investment property was £2,529,693.

4.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 April 25	233	233
At 31 March 26	233	233
Net book value
At 31 March 26	233	233
At 31 March 25	233	233

	Notes
	¹Investments in group undertakings and participating interests

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	19,283	61,938
Other debtors	320,337	320,337
Prepayments and accrued income	3,875	2,042
Total	343,495	384,317

6.	Debtors: amounts due after one year

	2026	2025
	£	£
Other debtors	15,300	20,700
Total	15,300	20,700

7.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	5,511	11,255
Bank borrowings and overdrafts	1,777,893	18,526
Taxation and social security	18,357	4,618
Other creditors	233,748	235,998
Accrued liabilities and deferred income	2,950	9,010
Total	2,038,459	279,407

8.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	-	1,777,893
Total	-	1,777,893


	The bank loans are secured against the properties and personal guaranties are given by the directors.

9.	Secured creditors
	Secured bank loans: 2026 2025 2024 £ £ £ 1,777,893 1,796,420 1,772,520 The loans are secured by a legal charge on the fixed assets land and buildings by way of a charge on the property.

10.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	217,577	217,577
Total	217,577	217,577