Carbon Forest Products Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 09704072

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		145,735		15,264

			145,735		15,264
CURRENT ASSETS
Debtors	5	160,545		13,085
Cash at bank and in hand		570,875		115,391

		731,420		128,476
Creditors: Amounts Falling Due Within One Year	6	(70,913 )		3,443

NET CURRENT ASSETS (LIABILITIES)			660,507		131,919

TOTAL ASSETS LESS CURRENT LIABILITIES			806,242		147,183

Creditors: Amounts Falling Due After More Than One Year	7		(22,177 )		(28,513 )

NET ASSETS			784,065		118,670

CAPITAL AND RESERVES
Called up share capital			2,228		1,999
Share premium account			2,038,443		866,672
Profit and Loss Account			(1,256,606 )		(750,001 )

SHAREHOLDERS' FUNDS			784,065		118,670

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Carbon Forest Products Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Patrick Morris

Director

27 August 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Carbon Forest Products Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 09704072 . The registered office is 3rd Floor 86-90 Paul Street, London, England, EC2A 4NE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received, net of discounts and value added taxes. Turnover is recognised at the point of invoice.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant and machinery	25% straight line
Computer equipment	25% straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets.

Assets acquired under hire purchase contracts are depreciated over their useful lives.

Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company.

Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

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Carbon Forest Products Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.5. Financial Instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade debtors and creditors are classified as basic financial instruments and are recognised at transaction price less any impairment. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Other debtors and creditors are measured at amortised cost using the effective interest rate method.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received.

2.6. Foreign Currencies

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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. Taxation

The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax

Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

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Carbon Forest Products Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.9. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

	2025	2024
Average number of employees, including directors, during the year	4	4

	4	4

4. Tangible Assets

	Plant and machinery	Computer equipment	Total
	£	£	£
Cost
As at 1 December 2024	47,285	6,786	54,071
Additions	119,231	27,402	146,633

As at 30 November 2025	166,516	34,188	200,704

Depreciation
As at 1 December 2024	33,067	5,740	38,807
Provided during the period	13,632	2,530	16,162

As at 30 November 2025	46,699	8,270	54,969

Net Book Value
As at 30 November 2025	119,817	25,918	145,735

As at 1 December 2024	14,218	1,046	15,264

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	160,545	13,085

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Carbon Forest Products Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	31,544	9,323
Bank loans and overdrafts	6,336	6,336
Other creditors	23,247	25,361
Taxation and social security	9,786	(44,463 )

	70,913	(3,443 )

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	22,177	28,513

8. Directors Advances, Credits and Guarantees

Included within Debtors are loans made to a director. The balance at the year end was £10 (2024 : £13,409 Cr).

The above loan is unsecured, interest free and repayable on demand.

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