Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31false2022-04-01No description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11269350 2022-04-01 2023-03-31 11269350 2021-04-01 2022-03-31 11269350 2023-03-31 11269350 2022-03-31 11269350 c:Director1 2022-04-01 2023-03-31 11269350 d:CurrentFinancialInstruments 2023-03-31 11269350 d:CurrentFinancialInstruments 2022-03-31 11269350 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11269350 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 11269350 d:ShareCapital 2023-03-31 11269350 d:ShareCapital 2022-03-31 11269350 d:RetainedEarningsAccumulatedLosses 2023-03-31 11269350 d:RetainedEarningsAccumulatedLosses 2022-03-31 11269350 c:FRS102 2022-04-01 2023-03-31 11269350 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 11269350 c:FullAccounts 2022-04-01 2023-03-31 11269350 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 11269350









WOODHURST HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
WOODHURST HOLDINGS LIMITED
REGISTERED NUMBER: 11269350

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
 4 
180,612
312,846

Debtors: amounts falling due within one year
 5 
1,139,847
1,601,521

Cash at bank and in hand
 6 
2,920,412
2,498,617

  
4,240,871
4,412,984

Creditors: amounts falling due within one year
 7 
(9,170)
(922,533)

Net current assets
  
 
 
4,231,701
 
 
3,490,451

Total assets less current liabilities
  
4,231,701
3,490,451

  

Net assets
  
4,231,701
3,490,451


Capital and reserves
  

Called up share capital 
  
4
4

Profit and loss account
  
4,231,697
3,490,447

  
4,231,701
3,490,451


Page 1

 
WOODHURST HOLDINGS LIMITED
REGISTERED NUMBER: 11269350
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




K Bailey
Director

Date: 31 January 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
WOODHURST HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Woodhusrt Holdings Limited is a private company limited by shares and incorporated in England (Registered number 11269350). Its registered office is 1 Woodhurst Cottages, Cattlegate Road, Middlesex, England, EN2 8AT.
The financial statements are presented in Sterling, which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
WOODHURST HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
WOODHURST HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Stocks

2023
2022
£
£

Finished goods and goods for resale
180,612
312,846

180,612
312,846



5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
19,569
-

Other debtors
1,120,274
1,601,517

Called up share capital not paid
4
4

1,139,847
1,601,521



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,920,412
2,498,617

2,920,412
2,498,617



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
-
920,431

Corporation tax
6,550
-

Other creditors
1,121
602

Accruals and deferred income
1,499
1,500

9,170
922,533


Page 5

 
WOODHURST HOLDINGS LIMITED
 
 
 Page 6