Company Registration No. 03362511 (England and Wales)
Woodway Group Limited
Unaudited accounts
for the year ended 31 July 2021
Woodway Group Limited
Unaudited accounts
Contents
Woodway Group Limited
Company Information
for the year ended 31 July 2021
Company Number
03362511 (England and Wales)
Registered Office
Foresters Arms Public House
The Broadway
Farnham Common
Buckinghamshire
SL2 3QQ
United Kingdom
Accountants
Geppert & Co
PO Box 9938
Epping
Essex
CM16 9BF
Woodway Group Limited
Statement of financial position
as at 31 July 2021
Tangible assets
50,017
53,896
Cash at bank and in hand
26,946
3,376
Creditors: amounts falling due within one year
(37,846)
(25,836)
Net current assets
36,346
28,200
Total assets less current liabilities
86,363
82,096
Creditors: amounts falling due after more than one year
(70,000)
(77,000)
Called up share capital
95,439
95,439
Profit and loss account
(79,076)
(90,343)
Shareholders' funds
16,363
5,096
For the year ending 31 July 2021 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 September 2022 and were signed on its behalf by
Anne Banfield
Director
Company Registration No. 03362511
Woodway Group Limited
Notes to the Accounts
for the year ended 31 July 2021
Woodway Group Limited is a private company, limited by shares, registered in England and Wales, registration number 03362511. The registered office is Foresters Arms Public House, The Broadway, Farnham Common, Buckinghamshire, SL2 3QQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
To write the lease off over its life
Fixtures & fittings
20% on reducing balance
Computer equipment
20% on reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2020
69,811
-
43,829
319
113,959
Additions
-
3,082
1,170
-
4,252
At 31 July 2021
69,811
3,082
44,999
319
118,211
At 1 August 2020
35,970
-
23,828
265
60,063
Charge for the year
3,270
616
4,234
11
8,131
At 31 July 2021
39,240
616
28,062
276
68,194
At 31 July 2021
30,571
2,466
16,937
43
50,017
At 31 July 2020
33,841
-
20,001
54
53,896
Woodway Group Limited
Notes to the Accounts
for the year ended 31 July 2021
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
14,670
14,670
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
7,000
13,876
Taxes and social security
2,769
7,409
Other creditors
3,000
3,000
Loans from directors
7,452
1,551
7
Creditors: amounts falling due after more than one year
2021
2020
Allotted, called up and fully paid:
95,439 Ordinary shares of £1 each
95,439
95,439
9
Average number of employees
During the year the average number of employees was 8 (2020: 8).