IRIS Accounts Production v22.2.0.402 02309957 Board of Directors 1.1.21 31.12.21 31.12.21 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure023099572020-12-31023099572021-12-31023099572021-01-012021-12-31023099572019-12-31023099572020-01-012020-12-31023099572020-12-3102309957ns16:EnglandWales2021-01-012021-12-3102309957ns15:PoundSterling2021-01-012021-12-3102309957ns11:Director12021-01-012021-12-3102309957ns11:PrivateLimitedCompanyLtd2021-01-012021-12-3102309957ns11:SmallEntities2021-01-012021-12-3102309957ns11:AuditExempt-NoAccountantsReport2021-01-012021-12-3102309957ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3102309957ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3102309957ns11:FullAccounts2021-01-012021-12-3102309957ns11:Director22021-01-012021-12-3102309957ns11:CompanySecretary12021-01-012021-12-3102309957ns11:RegisteredOffice2021-01-012021-12-3102309957ns6:CurrentFinancialInstruments2021-12-3102309957ns6:CurrentFinancialInstruments2020-12-3102309957ns6:ShareCapital2021-12-3102309957ns6:ShareCapital2020-12-3102309957ns6:FurtherSpecificReserve3ComponentTotalEquity2021-12-3102309957ns6:FurtherSpecificReserve3ComponentTotalEquity2020-12-3102309957ns6:RetainedEarningsAccumulatedLosses2021-12-3102309957ns6:RetainedEarningsAccumulatedLosses2020-12-3102309957ns6:PlantMachinery2021-01-012021-12-3102309957ns6:PlantMachinery2020-12-3102309957ns6:PlantMachinery2021-12-3102309957ns6:PlantMachinery2020-12-3102309957ns6:FurtherSpecificReserve3ComponentTotalEquity2020-12-31
REGISTERED NUMBER: 02309957 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

WOODCHIME LIMITED

WOODCHIME LIMITED (REGISTERED NUMBER: 02309957)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WOODCHIME LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTORS: D C Gooch
R K Evans





SECRETARY: R K Evans





REGISTERED OFFICE: 1 Swan Wood Park
Gun Hill
Horam
East Sussex
TN21 0LL





REGISTERED NUMBER: 02309957 (England and Wales)





ACCOUNTANTS: Aequitas Limited
1 Swan Wood Park
Gun Hill
Horam
East Sussex
TN21 0LL

WOODCHIME LIMITED (REGISTERED NUMBER: 02309957)

BALANCE SHEET
31 DECEMBER 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 347 408
Investment property 5 1,480,304 963,675
1,480,651 964,083

CURRENT ASSETS
Cash at bank 4,695 20,554

CREDITORS
Amounts falling due within one year 6 653,343 200,580
NET CURRENT LIABILITIES (648,648 ) (180,026 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

832,003

784,057

PROVISIONS FOR LIABILITIES 34,265 34,265
NET ASSETS 797,738 749,792

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 7 191,420 191,420
Retained earnings 606,218 558,272
797,738 749,792

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

WOODCHIME LIMITED (REGISTERED NUMBER: 02309957)

BALANCE SHEET - continued
31 DECEMBER 2021


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2022 and were signed on its behalf by:





D C Gooch - Director


WOODCHIME LIMITED (REGISTERED NUMBER: 02309957)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1. STATUTORY INFORMATION

Woodchime 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
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 etc - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

WOODCHIME LIMITED (REGISTERED NUMBER: 02309957)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2021
and 31 December 2021 4,065
DEPRECIATION
At 1 January 2021 3,657
Charge for year 61
At 31 December 2021 3,718
NET BOOK VALUE
At 31 December 2021 347
At 31 December 2020 408

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2021 963,675
Additions 516,629
At 31 December 2021 1,480,304
NET BOOK VALUE
At 31 December 2021 1,480,304
At 31 December 2020 963,675

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade creditors 2,351 2,350
Taxation and social security 11,782 8,660
Other creditors 639,210 189,570
653,343 200,580

WOODCHIME LIMITED (REGISTERED NUMBER: 02309957)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

7. RESERVES
Fair
value
reserve
£   
At 1 January 2021
and 31 December 2021 191,420