1 February 2022 false No description of principal activity Taxfiler 2023.9.1 SC214038business:PrivateLimitedCompanyLtd2022-02-012023-01-28 SC2140382022-01-31 SC2140382022-02-012023-01-28 SC214038business:AuditExemptWithAccountantsReport2022-02-012023-01-28 SC214038business:FilletedAccounts2022-02-012023-01-28 SC2140382023-01-28 SC214038business:Director12022-02-012023-01-28 SC214038business:Director22022-02-012023-01-28 SC214038business:Director32022-02-012023-01-28 SC214038business:Director42022-02-012023-01-28 SC214038business:RegisteredOffice2022-02-012023-01-28 SC2140382022-01-31 SC214038core:WithinOneYear2023-01-28 SC214038core:WithinOneYear2022-01-31 SC214038core:AfterOneYear2023-01-28 SC214038core:AfterOneYear2022-01-31 SC214038core:ShareCapitalcore:PreviouslyStatedAmount2023-01-28 SC214038core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 SC214038core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-28 SC214038core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 SC214038core:PreviouslyStatedAmount2023-01-28 SC214038core:PreviouslyStatedAmount2022-01-31 SC214038business:SmallEntities2022-02-012023-01-28 SC214038countries:Scotland2022-02-012023-01-28 SC214038core:PlantMachinery2022-02-012023-01-28 SC214038core:MotorVehicles2022-02-012023-01-28 SC214038core:FurnitureFittings2022-02-012023-01-28 SC214038core:ComputerEquipment2022-02-012023-01-28 SC214038core:Goodwill2022-01-31 SC214038core:Goodwill2023-01-28 SC214038core:PlantMachinery2022-01-31 SC214038core:MotorVehicles2022-01-31 SC214038core:FurnitureFittings2022-01-31 SC214038core:ComputerEquipment2022-01-31 SC214038core:PlantMachinery2023-01-28 SC214038core:MotorVehicles2023-01-28 SC214038core:FurnitureFittings2023-01-28 SC214038core:ComputerEquipment2023-01-28 SC2140382021-02-012022-01-31 iso4217:GBP xbrli:pure
Company Registration No. SC214038 (Scotland)
G. Woods Bathrooms Limited Unaudited accounts for the period from 1 February 2022 to 28 January 2023
G. Woods Bathrooms Limited Unaudited accounts Contents
Page
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G. Woods Bathrooms Limited Company Information for the period from 1 February 2022 to 28 January 2023
Directors
Anthony Woods Gerard Woods Michael Woods Patricia Woods
Company Number
SC214038 (Scotland)
Registered Office
TEXTILE HOUSE 3 DUKE STREET PAISLEY RENFREWSHIRE PA2 6RF
Accountants
Ascent Accounting Ltd 272 Bath Street Glasgow G2 4JR
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G. Woods Bathrooms Limited Statement of financial position as at 28 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
36,802 
48,573 
Current assets
Inventories
35,795 
32,541 
Debtors
20,905 
32,924 
Cash at bank and in hand
12,324 
14,172 
69,024 
79,637 
Creditors: amounts falling due within one year
(184,104)
(198,051)
Net current liabilities
(115,080)
(118,414)
Total assets less current liabilities
(78,278)
(69,841)
Creditors: amounts falling due after more than one year
(46,968)
(61,510)
Net liabilities
(125,246)
(131,351)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(126,246)
(132,351)
Shareholders' funds
(125,246)
(131,351)
For the period ending 28 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 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 23 October 2023 and were signed on its behalf by
Gerard Woods Director Company Registration No. SC214038
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G. Woods Bathrooms Limited Notes to the Accounts for the period from 1 February 2022 to 28 January 2023
1
Statutory information
G. Woods Bathrooms Limited is a private company, limited by shares, registered in Scotland, registration number SC214038. The registered office is TEXTILE HOUSE, 3 DUKE STREET, PAISLEY, RENFREWSHIRE, PA2 6RF.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2022
9,000 
At 28 January 2023
9,000 
Amortisation
At 1 February 2022
9,000 
At 28 January 2023
9,000 
Net book value
At 28 January 2023
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G. Woods Bathrooms Limited Notes to the Accounts for the period from 1 February 2022 to 28 January 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2022
27,628 
96,397 
62,932 
3,174 
190,131 
At 28 January 2023
27,628 
96,397 
62,932 
3,174 
190,131 
Depreciation
At 1 February 2022
20,203 
57,695 
60,667 
2,993 
141,558 
Charge for the period
1,486 
9,674 
566 
45 
11,771 
At 28 January 2023
21,689 
67,369 
61,233 
3,038 
153,329 
Net book value
At 28 January 2023
5,939 
29,028 
1,699 
136 
36,802 
At 31 January 2022
7,425 
38,702 
2,265 
181 
48,573 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
19,456 
31,581 
Accrued income and prepayments
744 
638 
Other debtors
705 
705 
20,905 
32,924 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,648 
10,648 
VAT
32,059 
26,309 
Obligations under finance leases and hire purchase contracts
4,587 
7,019 
Trade creditors
87,633 
80,825 
Taxes and social security
11,016 
17,621 
Other creditors
3,647 
1,201 
Loans from directors
(2,187)
(2,170)
Accruals
36,701 
56,598 
184,104 
198,051 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
28,945 
38,518 
Obligations under finance leases and hire purchase contracts
18,023 
22,992 
46,968 
61,510 
9
Average number of employees
During the period the average number of employees was 12 (2022: 10).
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