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REGISTERED NUMBER: 12212787 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2022

for

Woody's Limited

Woody's Limited (Registered number: 12212787)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Woody's Limited

Company Information
for the Year Ended 31 March 2022







DIRECTOR: C Greenwood





SECRETARY:





REGISTERED OFFICE: 398 Coast Road
Pevensey Bay
East Sussex
BN24 6NY





REGISTERED NUMBER: 12212787 (England and Wales)





ACCOUNTANTS: Stone's Accountancy Sussex Limited
398 Coast Road
Pevensey Bay
Pevensey
East Sussex
BN24 6NY

Woody's Limited (Registered number: 12212787)

Balance Sheet
31 March 2022

31/3/22 31/3/21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 47,182 64,307

CURRENT ASSETS
Debtors 5 1,713 6,096
Cash at bank and in hand 50,469 58,013
52,182 64,109
CREDITORS
Amounts falling due within one year 6 32,397 29,906
NET CURRENT ASSETS 19,785 34,203
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,967

98,510

CREDITORS
Amounts falling due after more than one
year

7

(23,589

)

(44,252

)

PROVISIONS FOR LIABILITIES (2,805 ) (3,506 )
NET ASSETS 40,573 50,752

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 40,571 50,750
SHAREHOLDERS' FUNDS 40,573 50,752

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

Woody's Limited (Registered number: 12212787)

Balance Sheet - continued
31 March 2022


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 director and authorised for issue on 14 September 2022 and were signed by:





C Greenwood - Director


Woody's Limited (Registered number: 12212787)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Woody's 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.

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.

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.

Woody's Limited (Registered number: 12212787)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2021 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021 86,149
Additions 5,458
Disposals (16,084 )
At 31 March 2022 75,523
DEPRECIATION
At 1 April 2021 21,842
Charge for year 11,796
Eliminated on disposal (5,297 )
At 31 March 2022 28,341
NET BOOK VALUE
At 31 March 2022 47,182
At 31 March 2021 64,307

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/22 31/3/21
£    £   
Trade debtors 1,713 6,096

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/22 31/3/21
£    £   
Bank loans and overdrafts - 1,043
Tax 2,057 8,925
Social security and other taxes 1,693 1,076
VAT 3,600 6,078
Directors' loan accounts 23,515 11,856
Accrued expenses 1,532 928
32,397 29,906

Woody's Limited (Registered number: 12212787)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/22 31/3/21
£    £   
Bank loans - 2-5 years 23,589 25,000
Other loans - 1-2 years - 19,252
23,589 44,252

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company was loaned cash to cash flow the business. this is from the director. No interest has been charged as it is repayable on demand.