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Registered number: 10482138
Forest Edge Properties Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—6
Page 1
Abridged Balance Sheet
Registered number: 10482138
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 161,843 217,167
Investment Properties 5 4,631,657 3,751,757
4,793,500 3,968,924
CURRENT ASSETS
Debtors 44,743 13,279
Cash at bank and in hand 76,670 84,870
121,413 98,149
Creditors: Amounts Falling Due Within One Year (1,741,302 ) (1,485,876 )
NET CURRENT ASSETS (LIABILITIES) (1,619,889 ) (1,387,727 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,173,611 2,581,197
Creditors: Amounts Falling Due After More Than One Year (2,203,926 ) (1,702,335 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (183,215 ) (171,567 )
NET ASSETS 786,470 707,295
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 10 679,081 679,081
Profit and Loss Account 107,289 28,114
SHAREHOLDERS' FUNDS 786,470 707,295
Page 1
Page 2
For the 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.
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
A K Rees-Long
Director
22 September 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Forest Edge Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10482138 . The registered office is Clover Farm Brickworth Road, Whiteparish, Salisbury, Wiltshire, SP5 2QG.
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. 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:
Motor Vehicles 25% reducing balance
Fixtures & Fittings 20% straight line
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over 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 the profit and loss account as incurred.
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income 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 is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Total
£
Cost or Valuation
As at 1 January 2025 263,942
As at 31 December 2025 263,942
Depreciation
As at 1 January 2025 46,775
Provided during the period 55,324
As at 31 December 2025 102,099
Net Book Value
As at 31 December 2025 161,843
As at 1 January 2025 217,167
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5. Investment Property
2025
£
Fair Value
As at 1 January 2025 3,751,757
Additions 879,900
As at 31 December 2025 4,631,657
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 3,793,284 2,913,384
Accumulated depreciation and impairment 314,053 238,187
Carrying amount 3,479,231 2,675,197
6. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 181,679 205,371
Bank loans and overdrafts 2,051,520 1,489,770
7. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 32,411 32,921
Later than one year and not later than five years 149,268 172,450
181,679 205,371
181,679 205,371
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
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The directors have personally guaranteed company mortgages liabilities, which, at the balance sheet date, totalled £2,051,520.
The director, R J Rees-Long, has personally guaranteed a hire purchase liability, which, at the balance sheet date, totalled £106,096.
10. Reserves
Revaluation Reserve
£
As at 1 January 2025 679,081
As at 31 December 2025 679,081
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