Company Registration No. 02811187 (England and Wales)
Woodlands Property Investment Limited
Unaudited accounts
for the year ended 31 December 2022
Woodlands Property Investment Limited
Unaudited accounts
Contents
Woodlands Property Investment Limited
Company Information
for the year ended 31 December 2022
Directors
Mr J M Lacey
Mrs D J Lacey
Mr J A Lacey
Company Number
02811187 (England and Wales)
Registered Office
5/7
Bridgegate
Retford
Nottinghamshire
DN22 6AF
UK
Accountants
Bland BSP Limited
5-7
Bridgegate
Retford
Nottinghamshire
DN22 6AF
Woodlands Property Investment Limited
Statement of financial position
as at 31 December 2022
Investment property
974,069
974,069
Investments
500,000
500,000
Cash at bank and in hand
579,820
572,377
Creditors: amounts falling due within one year
(645,238)
(639,067)
Net current assets
466,817
310,277
Net assets
1,940,886
1,784,346
Called up share capital
1,000
1,000
Profit and loss account
1,939,886
1,783,346
Shareholders' funds
1,940,886
1,784,346
For the year ending 31 December 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 27 September 2023 and were signed on its behalf by
Mr J A Lacey
Director
Company Registration No. 02811187
Woodlands Property Investment Limited
Notes to the Accounts
for the year ended 31 December 2022
Woodlands Property Investment Limited is a private company, limited by shares, registered in England and Wales, registration number 02811187. The registered office is 5/7 , Bridgegate, Retford, Nottinghamshire, DN22 6AF, UK.
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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 January 2022
974,069
At 31 December 2022
974,069
The investment properties are stated at their original cost prices with additional costs of
improvements over the period of ownership.
The directors consider their value to be in excess of the cost prices and do not consider
it necessary to have the properties revalued for Balance Sheet purposes. The properties
are fully let at present time and they are maintained at a high standard.
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Investments
Other investments
Valuation at 1 January 2022
500,000
Valuation at 31 December 2022
500,000
Work in progress
83,205
83,205
The work in progress is the cost to date of work on a property held for future development.
Amounts falling due within one year
Other debtors
449,030
293,762
Woodlands Property Investment Limited
Notes to the Accounts
for the year ended 31 December 2022
8
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
43,664
39,988
Other creditors
317,439
317,439
Loans from directors
270,645
270,645
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
Loans from Directors do not have any interest charges and have no fixed date for repayment.
11
Average number of employees
During the year the average number of employees was 2 (2021: 2).