REGISTERED NUMBER: 03376289 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

FOREST HOUSE ESTATES LIMITED

DIRECTORS:

J Clifford

J M Fortin

SECRETARY:

Napier Management Services Limited

REGISTERED OFFICE:

Napier Management Services Limited

13 Fordingbridge Business Park

Ashford Road

Fordingbridge

Hampshire

SP6 1BZ

REGISTERED NUMBER:

03376289 (England and Wales)

ACCOUNTANTS:

Carter & Coley

Chartered Accountants

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

FIXED ASSETS

Tangible assets

4

34,545

34,545

CURRENT ASSETS

Debtors

5

6,602

5,077

Cash at bank

91,787

111,142

98,389

116,219

CREDITORS

Amounts falling due within one year

6

31,368

57,796

NET CURRENT ASSETS

67,021

58,423

TOTAL ASSETS LESS CURRENT LIABILITIES

101,566

92,968

CREDITORS

Amounts falling due after more than one year

7

101,494

92,897

NET ASSETS

72

71

CAPITAL AND RESERVES

Called up share capital

8

72

71

SHAREHOLDERS' FUNDS

72

71

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2026 and were signed on its behalf by:

J M Fortin - Director

1.	STATUTORY INFORMATION

Forest House Estates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

The turnover in the profit and loss account represents ground rents receivable from the non-participators in the purchase of the freehold.

Fixed assets

All fixed assets are initially recorded at cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 April 2025

and 31 March 2026

34,545

NET BOOK VALUE

At 31 March 2026

34,545

At 31 March 2025

34,545

The value of the freehold carried forward is equivalent to the share of the 2 remaining non participators.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

6,158

5,077

Prepayments and accrued income

444

-

6,602

5,077

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

-

1,859

Corporation tax

7

8,990

Net ground rent monies held

20,231

18,026

Other creditors

10,136

28,321

Accruals and deferred income

994

600

31,368

57,796

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

77,445

77,446

Loan stock

24,049

15,451

101,494

92,897

In 2002 the company issued loan stock, which was subscribed for by participating flat owners to cover the shortfall in funds required to purchase the freehold under enfranchisement because certain flat owners did not wish to participate. 13 participating flat owners subscribed to cover the shortfall caused by 11 non-participating flat owners. No date for repayment of the loan stock has been determined and the loan stock holders are due a return on their stock equivalent to the ground rent receivable after deducting all company costs and expenses.

During 2007, 2008, 2015, 2016, 2019 and 2025 the company disposed of part of its interest in the freehold of the property to 9 of the non participating flat owners. The estimated proportionate share of the profit on disposal of the freehold due to the loan stock holders is £77,445 (2025: £77,446). The payment date of this liability is at the discretion of the directors and shall be no later than 180 days after the approval of the financial statements for the year in which the total of the participating flats reaches 74.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

72

Ordinary

£1

72

71

1 Ordinary share of £1 was allotted and fully paid for cash at par during the year.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Forest House Estates Limited for the year ended 31 March 2026 which comprise the Profit and loss account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Forest House Estates Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Forest House Estates Limited and state those matters that we have agreed to state to the Board of Directors of Forest House Estates Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Forest House Estates Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Forest House Estates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Forest House Estates Limited. You consider that Forest House Estates Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Forest House Estates Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Carter & Coley

Chartered Accountants

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

29 October 2026