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REGISTERED NUMBER: 03661464 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

E.J. WOOLLARD LIMITED

E.J. WOOLLARD LIMITED (REGISTERED NUMBER: 03661464)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


E.J. WOOLLARD LIMITED

COMPANY INFORMATION
for the Year Ended 30 November 2023







DIRECTOR: C M Alger





REGISTERED OFFICE: Fieldings Road
Cheshunt
Hertfordshire
EN8 9TY





REGISTERED NUMBER: 03661464 (England and Wales)





ACCOUNTANTS: KNIGHT WHEELER LIMITED
Chartered Accountants
54 Sun Street
Waltham Abbey
Essex
EN9 1EJ

E.J. WOOLLARD LIMITED (REGISTERED NUMBER: 03661464)

BALANCE SHEET
30 November 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 8,749 18,989
8,750 18,990

CURRENT ASSETS
Stocks 6 69,547 79,255
Debtors 7 22,982 58,730
Cash at bank and in hand 127,212 116,752
219,741 254,737
CREDITORS
Amounts falling due within one year 8 (70,647 ) (101,044 )
NET CURRENT ASSETS 149,094 153,693
TOTAL ASSETS LESS CURRENT
LIABILITIES

157,844

172,683

CREDITORS
Amounts falling due after more than one
year

9

(17,701

)

(27,701

)
NET ASSETS 140,143 144,982

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 139,943 144,782
SHAREHOLDERS' FUNDS 140,143 144,982

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

E.J. WOOLLARD LIMITED (REGISTERED NUMBER: 03661464)

BALANCE SHEET - continued
30 November 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 director and authorised for issue on 11 April 2024 and were signed by:





C M Alger - Director


E.J. WOOLLARD LIMITED (REGISTERED NUMBER: 03661464)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

E.J. Woollard 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.

The financial statements are presented in sterling (£) which is also the functional currency for the company and rounded to the nearest £.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1999, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered 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 the profit and loss account on a straight line basis over the period of the lease.

E.J. WOOLLARD LIMITED (REGISTERED NUMBER: 03661464)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued

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.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Trade and other payables
Trade and other payables are measured at their transaction price unless the arrangement constitutes a financing transaction in which case the transaction is measured at present value of future payments discounted at prevailing market rate of interest.

Cash and cash equivalents
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and any short term deposits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 62,973
AMORTISATION
At 1 December 2022
and 30 November 2023 62,972
NET BOOK VALUE
At 30 November 2023 1
At 30 November 2022 1

E.J. WOOLLARD LIMITED (REGISTERED NUMBER: 03661464)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

5. TANGIBLE FIXED ASSETS
Short Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2022 1 38,439 71,043 24,891 134,374
Additions - - 23,700 - 23,700
Disposals - - (68,326 ) - (68,326 )
At 30 November 2023 1 38,439 26,417 24,891 89,748
DEPRECIATION
At 1 December 2022 - 36,584 53,910 24,891 115,385
Charge for year - 464 2,453 - 2,917
Eliminated on disposal - - (37,303 ) - (37,303 )
At 30 November 2023 - 37,048 19,060 24,891 80,999
NET BOOK VALUE
At 30 November 2023 1 1,391 7,357 - 8,749
At 30 November 2022 1 1,855 17,133 - 18,989

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 December 2022 13,750
Transfer to ownership (13,750 )
At 30 November 2023 -
DEPRECIATION
At 1 December 2022 7,949
Transfer to ownership (7,949 )
At 30 November 2023 -
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 5,801

6. STOCKS
2023 2022
£    £   
Stocks 69,547 79,255

E.J. WOOLLARD LIMITED (REGISTERED NUMBER: 03661464)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,790 40,463
Other debtors 16,192 18,267
22,982 58,730

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts - 2,548
Trade creditors 10,462 20,384
Taxation and social security 26,504 32,156
Other creditors 23,681 35,956
70,647 101,044

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 17,701 27,701