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
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
G. Woods Bathrooms Limited
Statement of financial position
as at 28 January 2023
Tangible assets
36,802
48,573
Cash at bank and in hand
12,324
14,172
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)
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
G. Woods Bathrooms Limited
Notes to the Accounts
for the period from 1 February 2022 to 28 January 2023
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.
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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 period, and also have been consistently applied within the same accounts.
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.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
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
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
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
Amounts falling due within one year
Trade debtors
19,456
31,581
Accrued income and prepayments
744
638
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,648
10,648
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)
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
18,023
22,992
9
Average number of employees
During the period the average number of employees was 12 (2022: 10).