Company Overview
Forres Area Community Trust is listed at the official companies registry as Active Private Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption. The company was incorporated on Tuesday 29 November 2011, so this is a well established company. Forres Area Community Trust has been in business for 14 years and 4 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Forres Town Hall, High Street, Forres, IV36 1PB
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Companies House Data
Company NameFORRES AREA COMMUNITY TRUST
Company NumberSC412275
Registered Office AddressForres Town Hall
 High Street
 IV36 1PB
Company CategoryPrivate Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date29/11/2011
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date15/12/2016
Returns Last Made Up Date17/11/2015
Directors & Members
Show Resigned
Joanne Barry - Director
(British, 55 years old, born November 1971)
Appointed 11 November 2022
 Active
Simon Beeson - Director
(British, 65 years old, born May 1961)
Appointed 26 February 2025
 Active
Jonathan Campbell - Director
(Scottish, 42 years old, born July 1984)
Appointed 18 March 2025
 Active
Andrew Logie - Director
(British, 42 years old, born February 1984)
Appointed 16 February 2026
 Active
Secretaries
Show Resigned
Tina Coffey - Secretary
Appointed 21 April 2025
 Active
Other Company Directorships
Joanne Barry
DICKSONS 2020 LIMITED
Simon Beeson
NATURALLY USEFUL CIC
Jonathan Campbell
No companies found
Andrew Logie
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 191,988 191,988 89,445
Current Assets 248,909 248,909 210,344
Creditors Due Within One Year 4,006 4,006 2,168
Working Cap 244,903 244,903 208,176
Total Assets Less Current Liabilities 436,891 436,891 297,621
Long-term Liabilities 0 0 0
Net Assets 436,891 436,891 297,621
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 436,891 436,891 297,621
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 43.5% 43.5% 29.8%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 56.5% 56.5% 70.2%
Creditors Due Within One Year 0.9% 0.9% 0.7%
Net Current Assets Liabilities 55.5% 55.5% 69.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 99.1% 99.1% 99.3%
Capital Employed - - -
Total Assets Less Current Liabilities 99.1% 99.1% 99.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Liquidity Ratio 62.1 62.1 97.0
Solvency Ratio 110.1 110.1 138.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Assets 440,897 440,897 299,789
Debt 4,006 4,006 2,168
Net Assets/Debt 436,891 436,891 297,621

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Termination of appointment of Lorraine Fraser as a director on 20 February 2026
Appointment of Mr Andrew Logie as a director on 16 February 2026
Termination of appointment of Gerald Fraser as a director on 19 December 2025
Termination of appointment of Kenneth Mclennan as a director on 8 December 2025
Termination of appointment of Jackie Stephen as a director on 6 December 2025
Termination of appointment of Fiona Grant as a director on 17 November 2025
Termination of appointment of Duncan Falconer as a director on 17 November 2025
Confirmation statement made on 2 November 2025 with no updates
Termination of appointment of Lianne Milligan as a director on 13 October 2025
Termination of appointment of Jennifer Alison Mcinnes as a director on 31 August 2025
Appointment of Mrs Tina Ann Coffey as a secretary on 21 April 2025
Appointment of Ms Natalie Whyte as a director on 17 March 2025
Appointment of Mr Duncan Falconer as a director on 18 March 2025
Appointment of Mr Gerald Fraser as a director on 18 March 2025
Appointment of Mr Jonathan Campbell as a director on 18 March 2025
Appointment of Mr Kenneth Mclennan as a director on 14 March 2025
Appointment of Ms Jackie Stephen as a director on 11 March 2025
Appointment of Mr Simon Beeson as a director on 26 February 2025
Appointment of Mrs Anne Smith as a director on 26 February 2025
Appointment of Ms Jennifer Alison Mcinnes as a director on 26 February 2025
Appointment of Miss Lianne Milligan as a director on 26 February 2025
Appointment of Mrs Fiona Grant as a director on 26 February 2025
Termination of appointment of John Robinson as a director on 30 January 2025
Termination of appointment of Tina Anne Coffey as a director on 20 January 2025
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