Company Registration No. 10484201 (England and Wales)
T.W.I.G. Woodland Management Ltd.
Unaudited accounts
for the year ended 30 November 2023
T.W.I.G. Woodland Management Ltd.
Statement of financial position
as at 30 November 2023
Tangible assets
7,849
6,982
Cash at bank and in hand
21,390
4,731
Creditors: amounts falling due within one year
(10,310)
(1,687)
Net current assets
11,580
7,149
Total assets less current liabilities
19,429
14,131
Creditors: amounts falling due after more than one year
(3,770)
(6,959)
Called up share capital
1
1
Profit and loss account
15,658
7,171
Shareholders' funds
15,659
7,172
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 March 2024 and were signed on its behalf by
Mr Daniel C Young
Director
Company Registration No. 10484201
T.W.I.G. Woodland Management Ltd.
Notes to the Accounts
for the year ended 30 November 2023
T.W.I.G. Woodland Management Ltd. is a private company, limited by shares, registered in England and Wales, registration number 10484201. The registered office is Gwarcwm, Capel Bangor, Aberystwyth, Ceredigion, SY23 3LL, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2022
7,552
6,000
13,552
At 30 November 2023
10,142
6,000
16,142
At 1 December 2022
2,393
4,177
6,570
Charge for the year
1,395
328
1,723
At 30 November 2023
3,788
4,505
8,293
At 30 November 2023
6,354
1,495
7,849
At 30 November 2022
5,159
1,823
6,982
T.W.I.G. Woodland Management Ltd.
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,992
-
Proposed dividends
(1,000)
-
Loans from directors
1,000
-
7
Creditors: amounts falling due after more than one year
2023
2022
8
Capital commitments
2023
2022
The Director is prepared to support the business in its start up years.
The Director has used personal savings for the formation of the company without any desire for interest rates to be paid but to be reimbursed as and when the company makes a profit.
10
Average number of employees
During the year the average number of employees was 1 (2022: 0).