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REGISTERED NUMBER: 10027438 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31st March 2023

for

The Wooden Treehouse Company Ltd

The Wooden Treehouse Company Ltd (Registered number: 10027438)






Contents of the Financial Statements
for the Year Ended 31st March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Wooden Treehouse Company Ltd

Company Information
for the Year Ended 31st March 2023







DIRECTORS: Mrs R E Bond
I W Bond





REGISTERED OFFICE: 130 High Street
Marlborough
Wiltshire
SN8 1LZ





REGISTERED NUMBER: 10027438 (England and Wales)





ACCOUNTANTS: Bew & Co Limited
Chartered Accountants
130 High Street
Marlborough
Wiltshire
SN8 1LZ

The Wooden Treehouse Company Ltd (Registered number: 10027438)

Balance Sheet
31st March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,838 3,232
Investment property 5 928,145 767,612
930,983 770,844

CURRENT ASSETS
Stocks 1,819 2,055
Debtors 6 528 528
Cash at bank and in hand 9,070 10,714
11,417 13,297
CREDITORS
Amounts falling due within one year 7 16,474 43,913
NET CURRENT LIABILITIES (5,057 ) (30,616 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

925,926

740,228

CREDITORS
Amounts falling due after more than one
year

8

(722,894

)

(582,894

)

PROVISIONS FOR LIABILITIES (18,703 ) (14,560 )
NET ASSETS 184,329 142,774

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 184,229 142,674
184,329 142,774

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The Wooden Treehouse Company Ltd (Registered number: 10027438)

Balance Sheet - continued
31st March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th October 2023 and were signed on its behalf by:





I W Bond - Director


The Wooden Treehouse Company Ltd (Registered number: 10027438)

Notes to the Financial Statements
for the Year Ended 31st March 2023

1. STATUTORY INFORMATION

The Wooden Treehouse Company Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

The Wooden Treehouse Company Ltd (Registered number: 10027438)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2022
and 31st March 2023 4,948
DEPRECIATION
At 1st April 2022 1,716
Charge for year 394
At 31st March 2023 2,110
NET BOOK VALUE
At 31st March 2023 2,838
At 31st March 2022 3,232

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2022 767,612
Additions 138,727
Revaluations 21,806
At 31st March 2023 928,145
NET BOOK VALUE
At 31st March 2023 928,145
At 31st March 2022 767,612

The Wooden Treehouse Company Ltd (Registered number: 10027438)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

5. INVESTMENT PROPERTY - continued

Fair value at 31st March 2023 is represented by:
£   
Valuation in 2017 28,483
Valuation in 2018 18,158
Valuation in 2019 4,635
Valuation in 2020 28,469
Valuation in 2021 21,373
Valuation in 2022 (24,485 )
Valuation in 2023 21,806
Cost 829,706
928,145

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 528 528

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors - 2,836
Taxation and social security 6,510 360
Other creditors 9,964 40,717
16,474 43,913

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Other creditors 722,894 582,894

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Bank loan 304,877 304,877

The company's bankers hold a fixed and floating charge over the company's assets as security for the loans.