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REGISTERED NUMBER: 04192921















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Woods of Deal Limited

Woods of Deal Limited (Registered number: 04192921)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Woods of Deal Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: G Woods
K Woods





REGISTERED OFFICE: Talfourd Lodge
86 Middle Deal Road
Deal
Kent
CT14 9RH





REGISTERED NUMBER: 04192921





ACCOUNTANT: Whitten Spencer Limited
Tanglewood
Patrixbourne Road
Bridge
Canterbury
Kent
CT4 5BL

Woods of Deal Limited (Registered number: 04192921)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 326 -
Tangible assets 5 72,394 18,232
72,720 18,232

CURRENT ASSETS
Stocks 122,659 483,842
Debtors 6 575,040 16,390
Cash at bank 342,274 567,092
1,039,973 1,067,324
CREDITORS
Amounts falling due within one year 7 99,623 62,047
NET CURRENT ASSETS 940,350 1,005,277
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,013,070

1,023,509

CREDITORS
Amounts falling due after more than one
year

8

487,671

498,065
NET ASSETS 525,399 525,444

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 525,299 525,344
SHAREHOLDERS' FUNDS 525,399 525,444

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Woods of Deal Limited (Registered number: 04192921)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2023 and were signed on its behalf by:





G Woods - Director


Woods of Deal Limited (Registered number: 04192921)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Woods of Deal Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Brands & licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Storage building - 10% on cost
Plant and machinery - 20% on cost
Motor vehicles - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 8 (2022 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 362
At 31 August 2023 362
AMORTISATION
Charge for year 36
At 31 August 2023 36
NET BOOK VALUE
At 31 August 2023 326

Woods of Deal Limited (Registered number: 04192921)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022 73,071
Additions 70,743
At 31 August 2023 143,814
DEPRECIATION
At 1 September 2022 54,839
Charge for year 16,581
At 31 August 2023 71,420
NET BOOK VALUE
At 31 August 2023 72,394
At 31 August 2022 18,232

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 568,616 15,150
Other debtors 6,424 1,240
575,040 16,390

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts 10,648 10,000
Trade creditors 54,692 18,884
Taxation and social security 22,556 20,871
Other creditors 11,727 12,292
99,623 62,047

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£    £   
Bank loans 18,290 498,065
Other creditors 469,381 -
487,671 498,065

9. ULTIMATE CONTROLLING PARTY

The controlling party is G Woods and K Woods..