Company No: 13068651 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	2,601		1,573
Tangible assets	4	308,200		280,094
		310,801		281,667
Current assets
Debtors	5	138,576		106,090
Cash at bank and in hand		317,501		143,757
		456,077		249,847
Creditors: amounts falling due within one year	6	( 383,851)		( 232,385)
Net current assets		72,226		17,462
Total assets less current liabilities		383,027		299,129
Creditors: amounts falling due after more than one year	7	( 11,240)		( 17,240)
Net assets		371,787		281,889
Capital and reserves
Called-up share capital	8	4		4
Share premium account		49,999		49,999
Profit and loss account		321,784		231,886
Total shareholders' funds		371,787		281,889

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Forecourt Ltd (registered number: 13068651) were approved and authorised for issue by the Director on 11 September 2026. They were signed on its behalf by:

L H Rayner Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Forecourt Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor Centenary House, Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Website costs

5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery	20 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	3 years straight line
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to 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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		2

3. Intangible assets

	Website costs		Total
	£		£
Cost
At 01 January 2025	1,600		1,600
Additions	1,650		1,650
At 31 December 2025	3,250		3,250
Accumulated amortisation
At 01 January 2025	27		27
Charge for the financial year	622		622
At 31 December 2025	649		649
Net book value
At 31 December 2025	2,601		2,601
At 31 December 2024	1,573		1,573

4. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 January 2025	352,154		40,350		0		0		392,504
Additions	92,115		0		298		291		92,704
At 31 December 2025	444,269		40,350		298		291		485,208
Accumulated depreciation
At 01 January 2025	103,756		8,654		0		0		112,410
Charge for the financial year	58,210		6,339		25		24		64,598
At 31 December 2025	161,966		14,993		25		24		177,008
Net book value
At 31 December 2025	282,303		25,357		273		267		308,200
At 31 December 2024	248,398		31,696		0		0		280,094

5. Debtors

	2025		2024
	£		£
Trade debtors	138,366		105,850
Other debtors	210		240
	138,576		106,090

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	10,886		6,768
Amounts owed to associates	240		0
Corporation tax	93,588		13,576
Other taxation and social security	43,634		38,533
Obligations under finance leases and hire purchase contracts (secured)	6,000		6,000
Other creditors	229,503		167,508
	383,851		232,385

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts (secured)	11,240		17,240

Hire purchase contracts are secured by the assets to which they are related.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
4 Ordinary shares of £ 1.00 each	4		4