WOVEN & WOODS LTD.

Company Registration Number:
09212197 (England and Wales)

Unaudited abridged accounts for the year ended 30 December 2022

Period of accounts

Start date: 31 December 2021

End date: 30 December 2022

WOVEN & WOODS LTD.

Contents of the Financial Statements

for the Period Ended 30 December 2022

Balance sheet
Notes

WOVEN & WOODS LTD.

Balance sheet

As at 30 December 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 163,288 20,164
Total fixed assets: 163,288 20,164
Current assets
Stocks: 38,455 34,384
Debtors:   187,976 187,848
Cash at bank and in hand: 11,765 96,949
Total current assets: 238,196 319,181
Creditors: amounts falling due within one year:   (248,261) (196,285)
Net current assets (liabilities): (10,065) 122,896
Total assets less current liabilities: 153,223 143,060
Creditors: amounts falling due after more than one year:   (126,961) (57,406)
Provision for liabilities: 0 (3,361)
Total net assets (liabilities): 26,262 82,293
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 26,162 82,193
Shareholders funds: 26,262 82,293

The notes form part of these financial statements

WOVEN & WOODS LTD.

Balance sheet statements

For the year ending 30 December 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2023
and signed on behalf of the board by:

Name: G. Willingham
Status: Director

The notes form part of these financial statements

WOVEN & WOODS LTD.

Notes to the Financial Statements

for the Period Ended 30 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover in the financial statements represents amounts invoiced excluding VAT.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:Leasehold buildings - Over the period of leasePlant and machinery - Straight line 3 yearsAny gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

WOVEN & WOODS LTD.

Notes to the Financial Statements

for the Period Ended 30 December 2022

2. Employees

2022 2021
Average number of employees during the period 5 4

WOVEN & WOODS LTD.

Notes to the Financial Statements

for the Period Ended 30 December 2022

3. Tangible Assets

Total
Cost £
At 31 December 2021 39,096
Additions 163,374
Disposals (389)
At 30 December 2022 202,081
Depreciation
At 31 December 2021 18,932
Charge for year 20,250
On disposals (389)
At 30 December 2022 38,793
Net book value
At 30 December 2022 163,288
At 30 December 2021 20,164

WOVEN & WOODS LTD.

Notes to the Financial Statements

for the Period Ended 30 December 2022

4. Financial commitments

At the reporting date the company had outstanding commitments for future minimum lease payments as follows:Due within 1 year £90,000 (2021 - £30,000). Due after more than one year £170,000 (2021 - £65,000).

WOVEN & WOODS LTD.

Notes to the Financial Statements

for the Period Ended 30 December 2022

5. Related party transactions

Name of the related party:
Relationship:
Directors
Description of the Transaction: Throughout the financial year the company was under the control of the directors. The directors maintain loan accounts with the company, at the balance sheet date the company owed the directors £28,469 (2021 - £23,438).
£
Balance at 31 December 2021 23,468
Balance at 30 December 2022 28,469