REGISTERED NUMBER: SC127047 (Scotland)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Manor Forrest Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

82,361

38,624

Investments

5

2

2

Investment property

6

300,000

300,000

382,363

338,626

CURRENT ASSETS

Stocks

1,483,740

1,469,221

Debtors

7

4,440,630

4,463,025

Cash at bank and in hand

1,009

1,239

5,925,379

5,933,485

CREDITORS

Amounts falling due within one year

8

(3,903,575

)

(3,840,986

)

NET CURRENT ASSETS

2,021,804

2,092,499

TOTAL ASSETS LESS CURRENT LIABILITIES

2,404,167

2,431,125

CREDITORS

Amounts falling due after more than one year

9

-

(5,000

)

NET ASSETS

2,404,167

2,426,125

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Revaluation reserve

11

4,511

4,511

Retained earnings

2,389,656

2,411,614

2,404,167

2,426,125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 April 2026 and were signed on its behalf by:

Miss F A C Stewart - Director

1.	STATUTORY INFORMATION

Manor Forrest Limited is a private company, limited by shares, domiciled in Scotland, registration number SC127047. The registered office is Atrium House, Callendar Business Park, Falkirk, Stirlingshire, FK1 1XR.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

Turnover represents net invoiced sales of goods and services in respect of (activity), excluding value added tax. Sales are recognised at the point at which the goods are delivered or the service is complete.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Tangible fixed assets are stated at cost less depreciation. Cost represent purchase price together with any incidental costs of acquisition.

The directors have considered the residual value of all tangible fixed assets to be immaterial and therefore all tangible fixed assets are depreciated to nil value.

Investments in subsidiaries

Investments in subsidiaries are measured at cost less any accumulated impairment losses.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is represented by purchase price.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provisions

Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

Income

Turnover represents net invoiced sales of goods and services in respect of property rent and development, excluding value added tax. Sales are recognised at the point at which the goods are delivered or the service is complete.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2024

59,981

80,605

140,586

Additions

47,892

-

47,892

Disposals

-

(14,105

)

(14,105

)

At 31 July 2025

107,873

66,500

174,373

DEPRECIATION

At 1 August 2024

28,669

73,293

101,962

Charge for year

2,157

1,819

3,976

Eliminated on disposal

-

(13,926

)

(13,926

)

At 31 July 2025

30,826

61,186

92,012

NET BOOK VALUE

At 31 July 2025

77,047

5,314

82,361

At 31 July 2024

31,312

7,312

38,624

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 August 2024

and 31 July 2025

2

NET BOOK VALUE

At 31 July 2025

2

At 31 July 2024

2

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

and 31 July 2025

300,000

NET BOOK VALUE

At 31 July 2025

300,000

At 31 July 2024

300,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

3,360

-

Amounts owed by related parties

4,237,281

4,303,277

Other debtors

199,989

159,748

4,440,630

4,463,025

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

5,000

6,000

Trade creditors

14,315

13,236

Amounts owed to related parties

3,848,140

3,784,374

Taxation and social security

11,267

10,565

Other creditors

24,853

26,811

3,903,575

3,840,986

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

-

5,000

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

£

Bank loans

5,000

11,000

11.

RESERVES

Revaluation

reserve

£

At 1 August 2024

and 31 July 2025

4,511

12.	RELATED PARTY DISCLOSURES

At the year end the company was owed £4,237,281 (2024: £4,303,277) from companies with shared control and ownership.

At the year end, the company was due £3,848,140 (2024: £3,784,374) to companies with shared control and ownership.