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Company Registration No. 06041000 (England and Wales)
FOREST CARBON LIMITED Unaudited accounts for the year ended 31 March 2026
FOREST CARBON LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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FOREST CARBON LIMITED Company Information for the year ended 31 March 2026
Director
S Prior MSc MBA
Company Number
06041000 (England and Wales)
Registered Office
ABBEY ROAD BUSINESS CENTRE ABBEY ROAD DURHAM COUNTY DURHAM DH1 5JZ
Accountants
Wardle Business Solutions Ltd. Orchard House Pittington Road Rainton Gate Tyne and Wear DH5 9RG
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FOREST CARBON LIMITED Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Intangible assets
4
10,027
9,990
Tangible assets
5
5,707
6,242
15,734
16,232
Current assets
Inventories
724,106
1,609,365
Debtors
2,241,941
585,925
Cash at bank and in hand
2,307,667
1,620,867
5,273,714
3,816,157
Creditors: amounts falling due within one year
(1,726,874)
(850,976)
Net current assets
3,546,840
2,965,181
Total assets less current liabilities
3,562,574
2,981,413
Creditors: amounts falling due after more than one year
(1,272,299)
(1,435,267)
Net assets
2,290,275
1,546,146
Capital and reserves
Called up share capital
6
1,000
1,000
Profit and loss account
2,289,275
1,545,146
Shareholders' funds
2,290,275
1,546,146
For the year ending 31 March 2026 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 23 July 2026 and were signed on its behalf by
S Prior MSc MBA Director Company Registration No. 06041000
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FOREST CARBON LIMITED Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
FOREST CARBON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06041000. The registered office is ABBEY ROAD BUSINESS CENTRE, ABBEY ROAD, DURHAM, COUNTY DURHAM, DH1 5JZ.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
40% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation: Carbon club website, straight line over 5 years
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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FOREST CARBON LIMITED Notes to the Accounts for the year ended 31 March 2026
4
Intangible fixed assets
Total
£
Cost
At 1 April 2025
11,100
Additions
2,489
At 31 March 2026
13,589
Amortisation
At 1 April 2025
1,110
Charge for the year
2,452
At 31 March 2026
3,562
Net book value
At 31 March 2026
10,027
At 31 March 2025
9,990
5
Tangible fixed assets
Total
£
Cost or valuation
At 1 April 2025
22,729
Additions
2,675
At 31 March 2026
25,404
Depreciation
At 1 April 2025
16,487
Charge for the year
3,210
At 31 March 2026
19,697
Net book value
At 31 March 2026
5,707
At 31 March 2025
6,242
6
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
7
Transactions with related parties
On 05/12/2023, 75% of the 1000 shares were transferred into the Forest Carbon Employee Ownership Trust. This resulted in an agreed £8.8m due to shareholders, of which £2.7m in loan notes are still outstanding at 31/03/2026. Employee Ownership Trust management costs were £0 (2025 £10,000).
8
Average number of employees
During the year the average number of employees was 7 (2025: 7).
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