Four Wood Services Limited |
Registered Number:09942530 |
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2023
Four Wood Services Limited
Contents Page
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Statement of Financial Position
3 to 5
Notes to the Financial Statements
Four Wood Services Limited
Statement of Financial Position
2022
2023
-
599
2
Property, plant and equipment |
157,154
180,705
3
157,154
181,304
-
22,480
4
Trade and other receivables |
159,370
97,076
5
51,927
Cash and cash equivalents |
41,554
161,110
211,297
Trade and other payables: amounts falling due within one |
year |
(198,816)
(87,191)
6
12,481
73,919
Net current assets
Total assets less current liabilities |
231,073
193,785
Trade and other payables: amounts falling due after more |
than one year |
(136,407)
(83,692)
7
(29,858)
(34,447)
Provisions for liabilities |
117,523
Net assets
22,931
100
100
110,371
22,831
7,052
-
117,523
22,931
Shareholders' funds
For the year ended 31 January 2023 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 of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 January 2023
Four Wood Services Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 04 October 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 January 2023
Four Wood Services Limited
Notes to the Financial Statements
Statutory Information
Four Wood Services Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 09942530. |
Unit 27 Court Industrial Estate
Vinces Road
Diss
Norfolk
IP22 4HQ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Intangible assets
Computer software, is stated at cost less amortisation. Amortisation is provided at 33.33% to write off the cost of the intangible assets over the 3 years. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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For the year ended 31 January 2023
Four Wood Services Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets |
2,995
2,995
2,396
599
Charge for year
2,995
-
599
3. Property, plant and equipment |
317,050
5,332
1,225
105,310
205,183
36,982
-
97
12,500
24,385
-
-
(15,180)
-
(15,180)
102,630
1,322
5,332
338,852
229,568
Provision for depreciation and impairment |
136,345
2,525
322
40,161
93,337
Charge for year
53,255
1,550
262
17,836
33,607
(7,902)
-
-
(7,902)
-
181,698
4,075
584
50,095
126,944
102,624
52,535
738
1,257
157,154
111,846
65,149
903
2,807
180,705
2022
2023
22,480
-
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For the year ended 31 January 2023
Four Wood Services Limited
Notes to the Financial Statements Continued
5. Trade and other receivables |
2022
2023
68,963
140,347
28,113
19,023
159,370
97,076
6. Trade and other payables: amounts falling due within one year |
2022
2023
43,361
53,442
20,716
56,807
Taxation and social security |
8,571
65,005
14,543
23,562
87,191
198,816
7. Trade and other payables: amounts falling due after more than one year |
2022
2023
79,433
124,846
4,259
11,561
83,692
136,407
8. Average number of persons employed |
During the year the average number of employees was 13 (2022 : 12)
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