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Registered number: 11117216
Dowdeswell Forestry Limited
Financial Statements
For The Year Ended 31 December 2025
SkyBridge Accounting Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11117216
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 846,768 870,887
846,768 870,887
CURRENT ASSETS
Stocks 5 100,600 102,800
Debtors 6 81,024 169,545
Cash at bank and in hand 45,347 63,064
226,971 335,409
Creditors: Amounts Falling Due Within One Year 7 (220,932 ) (267,906 )
NET CURRENT ASSETS (LIABILITIES) 6,039 67,503
TOTAL ASSETS LESS CURRENT LIABILITIES 852,807 938,390
Creditors: Amounts Falling Due After More Than One Year 8 (53,052 ) (97,634 )
NET ASSETS 799,755 840,756
CAPITAL AND RESERVES
Called up share capital 10 20 4
Profit and Loss Account 799,735 840,752
SHAREHOLDERS' FUNDS 799,755 840,756
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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.
On behalf of the board
Geoff Huggett
Director
4 November 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Dowdeswell Forestry Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11117216 . The registered office is Keepers Cottage, Dowdeswell, Cheltenham, GL54 4LX.
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 or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Freehold No depreciation
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
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.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. 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 year 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 asset reflects 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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2024: 19)
20 19
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 January 2025 207,439 1,071,629 170,355 1,449,423
Additions 10,560 147,236 4,000 161,796
Disposals - (2,957 ) - (2,957 )
As at 31 December 2025 217,999 1,215,908 174,355 1,608,262
Depreciation
As at 1 January 2025 - 485,880 92,656 578,536
Provided during the period - 165,472 20,008 185,480
Disposals - (2,522 ) - (2,522 )
As at 31 December 2025 - 648,830 112,664 761,494
Net Book Value
As at 31 December 2025 217,999 567,078 61,691 846,768
As at 1 January 2025 207,439 585,749 77,699 870,887
5. Stocks
2025 2024
£ £
Materials 100,600 102,800
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 75,941 115,206
Prepayments and accrued income 5,067 24,163
VAT - 10,226
Directors' loan accounts 16 19,950
81,024 169,545
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 76,258 121,658
Trade creditors 33,216 98,245
Bank loans and overdrafts 30,776 10,000
Corporation tax 14,388 21,110
Other taxes and social security 17,729 16,093
VAT 34,795 -
Net wages 6,154 -
Accruals and deferred income 800 800
Directors' loan accounts 6,816 -
220,932 267,906
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 16,374 93,468
Bank loans 36,678 4,166
53,052 97,634
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 76,258 121,658
Later than one year and not later than five years 16,374 93,468
92,632 215,126
92,632 215,126
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10. Share Capital
2025 2024
Allotted, called up and fully paid £ £
4 Ordinary A shares of £ 1.00 each 4 4
8 Ordinary B shares of £ 1.00 each 8 -
8 Ordinary C shares of £ 1.00 each 8 -
20 4
Shares issued during the period: £
8 Ordinary B shares of £ 1.00 each 8
8 Ordinary C shares of £ 1.00 each 8
16
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