Company Registration No. 08092422 (England and Wales)
Woodrow Properties Ltd
Unaudited accounts
for the year ended 31 December 2022
Woodrow Properties Ltd
Unaudited accounts
Contents
Woodrow Properties Ltd
Company Information
for the year ended 31 December 2022
Company Number
08092422 (England and Wales)
Registered Office
20-22
Wenlock Road
London
N1 7GU
United Kingdom
Accountants
Miles & Co
157 Woodlands Park Drive
Dunmow
Essex
CM6 1WT
Woodrow Properties Ltd
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
25,793
165,331
Creditors: amounts falling due within one year
(750)
(73,741)
Net current assets
40,723
91,590
Called up share capital
2
2
Profit and loss account
40,721
91,588
Shareholders' funds
40,723
91,590
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 director acknowledges his 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 30 September 2023 and were signed on its behalf by
J C Woodrow
Director
Company Registration No. 08092422
Woodrow Properties Ltd
Notes to the Accounts
for the year ended 31 December 2022
Woodrow Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 08092422. The registered office is 20-22, Wenlock Road, London, N1 7GU, 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.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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 arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Amounts falling due within one year
Woodrow Properties Ltd
Notes to the Accounts
for the year ended 31 December 2022
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
-
27,616
Loans from directors
-
45,375
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan advance
-
15,619
-
15,619
Amounts advanced to directors during the year were interest free and repayable on demand. The above loan was repaid in full on 30th September 2023.
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).