WOOD (RENT-A-HOME) LIMITED

Company Registration Number:
01234546 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

WOOD (RENT-A-HOME) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

WOOD (RENT-A-HOME) LIMITED

Company Information

for the Period Ended 31 March 2023




Director: Mr Peter Wood
Mrs Philippa Wood
Registered office: 6
Moorside Rise
Cleckheaton
West Yorkshire
BD19 6AA
Company Registration Number: 01234546 (England and Wales)

WOOD (RENT-A-HOME) LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 3,692 3,930
Total fixed assets: 3,692 3,930
Current assets
Debtors: 5 93,400 94,756
Total current assets: 93,400 94,756
Creditors: amounts falling due within one year: 6 ( 41,030 ) ( 39,572 )
Net current assets (liabilities): 52,370 55,184
Total assets less current liabilities: 56,062 59,114
Total net assets (liabilities): 56,062 59,114

The notes form part of these financial statements

WOOD (RENT-A-HOME) LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 55,862 58,914
Shareholders funds: 56,062 59,114

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 24 November 2023
And Signed On Behalf Of The Board By:

Name: Mr Peter Wood
Status: Director

The notes form part of these financial statements

WOOD (RENT-A-HOME) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents property management charges receivable

    Tangible fixed assets depreciation policy

    Plant and machinery including computers are depreciated at a rate of 18% on the reducing balance calculated to write off the assets over their expected useful lives

WOOD (RENT-A-HOME) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 3 3

WOOD (RENT-A-HOME) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

WOOD (RENT-A-HOME) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible assets

Land & buildings Plant & machinery Total
Cost £ £ £
At 01 April 2022 2,607 12,638 15,245
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 March 2023 2,607 12,638 15,245
Depreciation
At 01 April 2022 - 11,315 11,315
Charge for year - 238 238
On disposals - - -
Other adjustments - - -
At 31 March 2023 - 11,553 11,553
Net book value
At 31 March 2023 2,607 1,085 3,692
At 31 March 2022 2,607 1,323 3,930

Plant and machinery are depreciated at a rate of 18% on the reducing balance calculated to write off the assets over their expected useful lives

WOOD (RENT-A-HOME) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors


2023
£

2022
£
Trade debtors 92,077 94,093
Other debtors 1,323 663
Total 93,400 94,756

The amount due from the property owners Moorside Properties 2023 £19282 2022 £17433

WOOD (RENT-A-HOME) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 999 1,034
Accruals and deferred income 273 273
Other creditors 39,758 38,265
Total 41,030 39,572

WOOD (RENT-A-HOME) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

7.1.Related party disclosures

Name of related party: Moorside Properties
Description of relationship:
Mr PJ Wood and Mrs PH Wood are partners of Moorside Properties
Description of the transaction:
The company’s turnover is received from managing properties of Moorside Properties