IRIS Accounts Production v23.3.1.45 07958285 director 1.3.22 28.2.23 28.2.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079582852022-02-28079582852023-02-28079582852022-03-012023-02-28079582852021-02-28079582852021-03-012022-02-28079582852022-02-2807958285ns10:Originalns15:EnglandWales2022-03-012023-02-2807958285ns14:PoundSterlingns10:Original2022-03-012023-02-2807958285ns10:Originalns10:Director12022-03-012023-02-2807958285ns10:Original2022-03-012023-02-2807958285ns10:Original2023-02-2807958285ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2807958285ns10:Originalns10:SmallEntities2022-03-012023-02-2807958285ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2807958285ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2807958285ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2807958285ns10:Originalns10:FullAccounts2022-03-012023-02-2807958285ns10:Originalns10:OrdinaryShareClass12022-03-012023-02-2807958285ns10:Original2022-02-2807958285ns10:Originalns5:CurrentFinancialInstruments2023-02-2807958285ns10:Originalns5:CurrentFinancialInstruments2022-02-2807958285ns10:Originalns5:Non-currentFinancialInstruments2023-02-2807958285ns10:Originalns5:Non-currentFinancialInstruments2022-02-2807958285ns5:ShareCapitalns10:Original2023-02-2807958285ns5:ShareCapitalns10:Original2022-02-2807958285ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2807958285ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2807958285ns10:Originalns10:RegisteredOffice2022-03-012023-02-2807958285ns10:Originalns5:FurnitureFittings2022-03-012023-02-2807958285ns10:Originalns5:MotorVehicles2022-03-012023-02-2807958285ns10:Original2021-03-012022-02-2807958285ns10:Originalns5:FurnitureFittings2022-02-2807958285ns10:Originalns5:MotorVehicles2022-02-2807958285ns10:Originalns5:ComputerEquipment2022-02-2807958285ns10:Original2022-02-2807958285ns10:Originalns5:ComputerEquipment2022-03-012023-02-2807958285ns10:Originalns5:FurnitureFittings2023-02-2807958285ns10:Originalns5:MotorVehicles2023-02-2807958285ns10:Originalns5:ComputerEquipment2023-02-2807958285ns10:Originalns5:FurnitureFittings2022-02-2807958285ns10:Originalns5:MotorVehicles2022-02-2807958285ns10:Originalns5:ComputerEquipment2022-02-2807958285ns10:Originalns5:UnlistedNon-exchangeTradedns5:CostValuation2022-02-2807958285ns10:Originalns5:UnlistedNon-exchangeTraded2023-02-2807958285ns10:Originalns5:UnlistedNon-exchangeTraded2022-02-2807958285ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2807958285ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-2807958285ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-02-2807958285ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-02-2807958285ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-02-2807958285ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-02-2807958285ns10:Originalns10:OrdinaryShareClass12023-02-28
REGISTERED NUMBER: 07958285 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

WOODSTOCK CONSTRUCTION AND DECORATING
LTD

WOODSTOCK CONSTRUCTION AND DECORATING
LTD (REGISTERED NUMBER: 07958285)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Statement of Financial Position 1

Notes to the Financial Statements 3


WOODSTOCK CONSTRUCTION AND DECORATING
LTD (REGISTERED NUMBER: 07958285)

STATEMENT OF FINANCIAL POSITION
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 69,011 51,725
Investments 5 193,500 193,500
262,511 245,225

CURRENT ASSETS
Stocks 6 105,620 98,135
Debtors 7 171,693 166,834
Cash at bank and in hand 11,746 27,049
289,059 292,018
CREDITORS
Amounts falling due within one year 8 81,076 148,302
NET CURRENT ASSETS 207,983 143,716
TOTAL ASSETS LESS CURRENT
LIABILITIES

470,494

388,941

CREDITORS
Amounts falling due after more than one
year

9

(65,181

)

(48,210

)

PROVISIONS FOR LIABILITIES (11,140 ) (9,757 )
NET ASSETS 394,173 330,974

CAPITAL AND RESERVES
Called up share capital 11 1,000 1,000
Retained earnings 393,173 329,974
SHAREHOLDERS' FUNDS 394,173 330,974

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the Company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

WOODSTOCK CONSTRUCTION AND DECORATING
LTD (REGISTERED NUMBER: 07958285)

STATEMENT OF FINANCIAL POSITION - continued
28 FEBRUARY 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 director and authorised for issue on 23 November 2023 and were signed by:





Y Krasniqi - Director


WOODSTOCK CONSTRUCTION AND DECORATING
LTD (REGISTERED NUMBER: 07958285)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

Woodstock Construction And Decorating Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07958285

Registered office: 368 Forest Road
London
E17 5JF

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.

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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% on reducing balance

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 statement of financial position date.


WOODSTOCK CONSTRUCTION AND DECORATING
LTD (REGISTERED NUMBER: 07958285)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2022 9,929 90,081 1,437 101,447
Additions - 32,445 2,006 34,451
At 28 February 2023 9,929 122,526 3,443 135,898
DEPRECIATION
At 1 March 2022 5,438 43,925 359 49,722
Charge for year 674 15,720 771 17,165
At 28 February 2023 6,112 59,645 1,130 66,887
NET BOOK VALUE
At 28 February 2023 3,817 62,881 2,313 69,011
At 28 February 2022 4,491 46,156 1,078 51,725

WOODSTOCK CONSTRUCTION AND DECORATING
LTD (REGISTERED NUMBER: 07958285)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 March 2022
and 28 February 2023 193,500
NET BOOK VALUE
At 28 February 2023 193,500
At 28 February 2022 193,500

6. STOCKS
2023 2022
£    £   
Stocks 105,620 98,135

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 4,224 -
Amounts owed by connected undertakings 165,044 166,834
Other debtors 2,425 -
171,693 166,834

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 10) 1,276 292
Hire purchase contracts - 9,336
Trade creditors 17,491 2,128
Taxation and social security 38,965 63,906
Other creditors 23,344 72,640
81,076 148,302

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 10) 34,027 43,694
Hire purchase contracts 31,154 4,516
65,181 48,210

WOODSTOCK CONSTRUCTION AND DECORATING
LTD (REGISTERED NUMBER: 07958285)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


10. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 1,276 292

Amounts falling due between one and two years:
Bank loans - 1-2 years 10,000 10,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 24,027 33,694

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary £1 1,000 1,000

12. RELATED PARTY DISCLOSURES

The Company's related parties, the nature of the relationship and the extent of the transactions with them are summarised below:

20232022
£   £   
Amounts owed by/(to) Y Krasniqi (Director)(19,544)(67,919)
Amounts owed by/(to) Connected Undertakings165,044166,834

Connected Undertakings:
A company having the same or predominantly the same shareholders and or Board of Directors but which neither is a parent, subsidiary, fellow subsidiary nor associated company.

The controlling party is Y Krasniqi.