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REGISTERED NUMBER: 11779542 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Woodward Contractors Ltd

Woodward Contractors Ltd (Registered number: 11779542)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

Woodward Contractors Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mr S D Woodward





SECRETARY:





REGISTERED OFFICE: The Old Forge Main Street
Congerstone
Nuneaton, Warwickshire
United Kingdom
CV13 6LZ





REGISTERED NUMBER: 11779542 (England and Wales)





ACCOUNTANTS: Screatons Ltd
Former Atherstone College
Ratcliffe Road
Atherstone
Warwickshire
CV9 1LF

Woodward Contractors Ltd (Registered number: 11779542)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,495 5,895

CURRENT ASSETS
Stocks 1,000 -
Debtors 5 - 159
Cash at bank 2,157 3,018
3,157 3,177
CREDITORS
Amounts falling due within one year 6 32,545 13,726
NET CURRENT LIABILITIES (29,388 ) (10,549 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,893

)

(4,654

)

RESERVES
Retained earnings 8 (2,893 ) (4,654 )
SHAREHOLDERS' FUNDS (2,893 ) (4,654 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

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 director and authorised for issue on 25 March 2024 and were signed by:



Mr S D Woodward - Director


Woodward Contractors Ltd (Registered number: 11779542)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Woodward Contractors Ltd 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

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.

Woodward Contractors Ltd (Registered number: 11779542)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 February 2023 7,678 183 - 7,861
Additions - - 23,649 23,649
At 31 January 2024 7,678 183 23,649 31,510
DEPRECIATION
At 1 February 2023 1,920 46 - 1,966
Charge for year 1,440 34 1,575 3,049
At 31 January 2024 3,360 80 1,575 5,015
NET BOOK VALUE
At 31 January 2024 4,318 103 22,074 26,495
At 31 January 2023 5,758 137 - 5,895

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
VAT - 159

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 17,037 -
Trade creditors 9,033 7,111
Credit Card 697 697
Tax 3,452 4,950
VAT 1,850 -
Directors' current accounts 39 544
Accrued expenses 437 424
32,545 13,726

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
1 Ordinary £1 - -

Woodward Contractors Ltd (Registered number: 11779542)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. RESERVES
Retained
earnings
£   

At 1 February 2023 (4,654 )
Profit for the year 36,461
Dividends (34,700 )
At 31 January 2024 (2,893 )

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £34,700 (2023 - £19,600) were paid to the director .

Mr S Woodward is both the sole director and shareholder of the company.

Woodward Contractors Ltd

Report of the Accountants to the Director of
Woodward Contractors Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2024 set out on pages one to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Screatons Ltd
Former Atherstone College
Ratcliffe Road
Atherstone
Warwickshire
CV9 1LF


25 March 2024