Company registration number SC645678 (Scotland)
WOODHEAD NEWCO LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
WOODHEAD NEWCO LIMITED
CONTENTS
Page
Company information
1
Balance sheet and notes to the financial statements
2 - 3
WOODHEAD NEWCO LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mr N J Higgins
Mrs E Higgins
Company number
SC645678
Registered office
C/o Blackadders LLP
53 Bothwell Street
Glasgow
Scotland
G2 6TS
Accountants
Consilium Chartered Accountants
169 West George Street
Glasgow
Scotland
G2 2LB
WOODHEAD NEWCO LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2023
31 October 2023
- 2 -
2023
2022
£
£
£
£
Fixed assets
3,429,881
3,431,341
Current assets
338,840
318,468
Creditors: amounts falling due within one year
(262,910)
(310,102)
Net current assets
75,930
8,366
Total assets less current liabilities
3,505,811
3,439,707
Creditors: amounts falling due after more than one year
(2,902,975)
(2,984,070)
Net assets
602,836
455,637
Capital and reserves
602,836
455,637
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Total
2
First year adoption
These financial statements for the year ended 31 October 2023 are the first financial statements of the company to be prepared in accordance with the micro-entity provisions under Financial Reporting Standard 105 (FRS 105). The accounting policies applied under the company's previous accounting framework, The Financial Reporting Standard applicable in the UK and Republic of Ireland as applicable to the small companies regime (FRS 102 1A) are different to those under FRS 105. The date of transition to FRS 105 is 1 November 2021. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 105.
Woodhead Newco Limited is a private company limited by shares incorporated in Scotland. The company's registered office is C/o Blackadders LLP, 53 Bothwell Street, Glasgow, Scotland, G2 6TS.
The presentational and functional currency of the financial statements is the Pound Sterling (£).
For the year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
WOODHEAD NEWCO LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2023
31 October 2023
- 3 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 4 April 2024 and are signed on its behalf by:
Mr N J Higgins
Director
Company registration number SC645678 (Scotland)