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REGISTERED NUMBER: 00895875 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 January 2023

for

D.H.Wood (Shopfitting) Limited

D.H.Wood (Shopfitting) Limited (Registered number: 00895875)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D.H.Wood (Shopfitting) Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: N D Wood
I J Wood
D H Wood





REGISTERED OFFICE: 55 Staines Road West
Sunbury-On-thames
Middlesex
TW16 7AH





REGISTERED NUMBER: 00895875 (England and Wales)





ACCOUNTANTS: Crick Heitman Ltd
Chartered Accountants
55 Staines Road West
Sunbury-on-Thames
Middlesex
TW16 7AH

D.H.Wood (Shopfitting) Limited (Registered number: 00895875)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 141,354 103,254

CURRENT ASSETS
Debtors 5 170,130 167,159
Cash at bank and in hand 74,688 17,493
244,818 184,652
CREDITORS
Amounts falling due within one year 6 149,884 121,951
NET CURRENT ASSETS 94,934 62,701
TOTAL ASSETS LESS CURRENT
LIABILITIES

236,288

165,955

CREDITORS
Amounts falling due after more than one year 7 (3,339 ) (4,257 )

PROVISIONS FOR LIABILITIES (25,218 ) (14,212 )
NET ASSETS 207,731 147,486

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 206,731 146,486
SHAREHOLDERS' FUNDS 207,731 147,486

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

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

D.H.Wood (Shopfitting) Limited (Registered number: 00895875)

Balance Sheet - continued
31 January 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 1 November 2023 and were signed on its behalf by:





N D Wood - Director


D.H.Wood (Shopfitting) Limited (Registered number: 00895875)

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

1. STATUTORY INFORMATION

D.H.Wood (Shopfitting) Limited 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.

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.
Plant and machinery etc - 20% on reducing balance and 10% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 9 (2022 - 11 ) .

D.H.Wood (Shopfitting) Limited (Registered number: 00895875)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022 217,037
Additions 74,688
Disposals (18,370 )
At 31 January 2023 273,355
DEPRECIATION
At 1 February 2022 113,783
Charge for year 35,338
Eliminated on disposal (17,120 )
At 31 January 2023 132,001
NET BOOK VALUE
At 31 January 2023 141,354
At 31 January 2022 103,254

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 4,191 25,214
Other debtors 165,939 141,945
170,130 167,159

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 1,002 1,002
Trade creditors 116,426 85,365
Taxation and social security 4,751 3,770
Other creditors 27,705 31,814
149,884 121,951

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans 3,339 4,257

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.1.23 31.1.22
£    £   
Within one year - 21,667

D.H.Wood (Shopfitting) Limited (Registered number: 00895875)

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

9. RELATED PARTY DISCLOSURES

Included in Debtors is a loan of £150,418 due from Ashwood Properties Ltd a company in which N D Wood and I Wood are directors.

Of the above £12,000 arose from sums paid during the year to D H Wood in part settlement of a loan due to him from Ashwood Properties Limited.

The company has an operating lease in respect of rent payable by the company at a rate of £26,000 per annum or the fair market rent whichever is the higher. Of this sum 60% is payable to the directors N Wood and I Wood and 40% to a pension scheme for their benefit.