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REGISTERED NUMBER: 01002272 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2018

for

Woodlines Limited

Woodlines Limited (Registered number: 01002272)






Contents of the Financial Statements
for the Year Ended 31st March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Woodlines Limited

Company Information
for the Year Ended 31st March 2018







DIRECTOR: P Dixon





SECRETARY: Mrs D Dixon





REGISTERED OFFICE: 1st Floor
28 Market Place
Grantham
Lincolnshire
NG31 6LR





REGISTERED NUMBER: 01002272 (England and Wales)





ACCOUNTANTS: Hood Parkes & Co
1st Floor
28 Market Place
Grantham
Lincolnshire
NG31 6LR

Woodlines Limited (Registered number: 01002272)

Balance Sheet
31st March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 70,848 70,452

CURRENT ASSETS
Stocks 126,411 116,971
Debtors 5 40,960 45,727
Cash at bank and in hand 48,545 115,946
215,916 278,644
CREDITORS
Amounts falling due within one year 6 49,244 55,519
NET CURRENT ASSETS 166,672 223,125
TOTAL ASSETS LESS CURRENT
LIABILITIES

237,520

293,577

PROVISIONS FOR LIABILITIES 1,508 1,508
NET ASSETS 236,012 292,069

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 226,012 282,069
SHAREHOLDERS' FUNDS 236,012 292,069

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Woodlines Limited (Registered number: 01002272)

Balance Sheet - continued
31st March 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 5th November 2018 and were signed by:





P Dixon - Director


Woodlines Limited (Registered number: 01002272)

Notes to the Financial Statements
for the Year Ended 31st March 2018

1. STATUTORY INFORMATION

Woodlines 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable
profits.

Woodlines Limited (Registered number: 01002272)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2018

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2017 - 7 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1st April 2017 62,902 108,024 170,926
Additions - 2,196 2,196
At 31st March 2018 62,902 110,220 173,122
DEPRECIATION
At 1st April 2017 - 100,474 100,474
Charge for year - 1,800 1,800
At 31st March 2018 - 102,274 102,274
NET BOOK VALUE
At 31st March 2018 62,902 7,946 70,848
At 31st March 2017 62,902 7,550 70,452

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 16,556 15,929
Other debtors 276 303
Parent company 5,500 5,500
Prepayments 18,628 23,995
40,960 45,727

Woodlines Limited (Registered number: 01002272)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 35,178 40,945
Tax - (2,870 )
Social security and other taxes 2,301 2,641
VAT 7,447 10,762
Accrued expenses 4,318 4,041
49,244 55,519

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P Dixon.