IRIS Accounts Production v23.4.0.336 05893806 Board of Directors Board of Directors 1.9.22 31.8.23 31.8.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh058938062022-08-31058938062023-08-31058938062022-09-012023-08-31058938062021-08-31058938062021-09-012022-08-31058938062022-08-3105893806ns15:EnglandWales2022-09-012023-08-3105893806ns14:PoundSterling2022-09-012023-08-3105893806ns10:Director12022-09-012023-08-3105893806ns10:Director22022-09-012023-08-3105893806ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3105893806ns10:SmallEntities2022-09-012023-08-3105893806ns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3105893806ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3105893806ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3105893806ns10:AbridgedAccounts2022-09-012023-08-310589380612022-09-012023-08-3105893806ns10:RegisteredOffice2022-09-012023-08-3105893806ns5:CurrentFinancialInstruments2023-08-3105893806ns5:CurrentFinancialInstruments2022-08-3105893806ns5:Non-currentFinancialInstruments2023-08-3105893806ns5:Non-currentFinancialInstruments2022-08-3105893806ns5:ShareCapital2023-08-3105893806ns5:ShareCapital2022-08-3105893806ns5:RetainedEarningsAccumulatedLosses2023-08-3105893806ns5:RetainedEarningsAccumulatedLosses2022-08-3105893806ns5:NetGoodwill2022-09-012023-08-3105893806ns5:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3105893806ns5:PlantMachinery2022-09-012023-08-31
REGISTERED NUMBER: 05893806 (England and Wales)















Woodleys Plumbing & Heating Contractors
Limited

Unaudited Financial Statements

for the Year Ended 31 August 2023






Woodleys Plumbing & Heating Contractors
Limited (Registered number: 05893806)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Woodleys Plumbing & Heating Contractors
Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: P J Woodley
S J Woodley



REGISTERED OFFICE: 4 King Square
Bridgwater
Somerset
TA6 3YF



REGISTERED NUMBER: 05893806 (England and Wales)



ACCOUNTANTS: Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF



BANKERS: Santander UK plc
2 Triton Square
Regent's Place
London
NW1 3AN

Woodleys Plumbing & Heating Contractors
Limited (Registered number: 05893806)

Abridged Statement of Financial Position
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 8,480 11,230
Tangible assets 6 40,123 2,075
48,603 13,305

CURRENT ASSETS
Stocks 4,531 3,887
Debtors 22,304 10,075
Cash at bank 59,401 55,283
86,236 69,245
CREDITORS
Amounts falling due within one year 55,050 31,428
NET CURRENT ASSETS 31,186 37,817
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,789

51,122

CREDITORS
Amounts falling due after more than one
year

(26,591

)

-

PROVISIONS FOR LIABILITIES (253 ) (335 )
NET ASSETS 52,945 50,787

CAPITAL AND RESERVES
Called up share capital 201 201
Retained earnings 52,744 50,586
SHAREHOLDERS' FUNDS 52,945 50,787

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Woodleys Plumbing & Heating Contractors
Limited (Registered number: 05893806)

Abridged Statement of Financial Position - continued
31 August 2023


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

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 August 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2024 and were signed on its behalf by:




P J Woodley - Director



S J Woodley - Director


Woodleys Plumbing & Heating Contractors
Limited (Registered number: 05893806)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Woodleys Plumbing & Heating Contractors 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty 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 etc - 33% on reducing balance and 25% on reducing balance

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

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Woodleys Plumbing & Heating Contractors
Limited (Registered number: 05893806)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2022
and 31 August 2023 55,000
AMORTISATION
At 1 September 2022 43,770
Amortisation for year 2,750
At 31 August 2023 46,520
NET BOOK VALUE

At 31 August 2023 8,480
At 31 August 2022 11,230

6. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2022 29,700
Additions 44,306
Disposals (25,338 )
At 31 August 2023 48,668
DEPRECIATION
At 1 September 2022 27,625
Charge for year 5,189
Eliminated on disposal (24,269 )
At 31 August 2023 8,545
NET BOOK VALUE
At 31 August 2023 40,123
At 31 August 2022 2,075

Woodleys Plumbing & Heating Contractors
Limited (Registered number: 05893806)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

6. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
Additions 43,307
At 31 August 2023 43,307
DEPRECIATION
Charge for year 4,538
At 31 August 2023 4,538
NET BOOK VALUE
At 31 August 2023 38,769

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S J Woodley and Mr P J Woodley.

The above directors control the company, by virtue of the fact that between them they own 99.5% of the issued share capital.