REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 August 2023 |
for |
WOODBOURNE GROUP (MILL STREET) LTD |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 August 2023 |
for |
WOODBOURNE GROUP (MILL STREET) LTD |
WOODBOURNE GROUP (MILL STREET) LTD (REGISTERED NUMBER: 10334244) |
Contents of the Financial Statements |
for the Year Ended 31 August 2023 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 2 |
WOODBOURNE GROUP (MILL STREET) LTD (REGISTERED NUMBER: 10334244) |
Balance Sheet |
31 August 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Unlisted assets | 5 |
Tangible assets | 6 |
CURRENT ASSETS |
Stocks |
Debtors | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 9 | ( |
) | ( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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 |
WOODBOURNE GROUP (MILL STREET) LTD (REGISTERED NUMBER: 10334244) |
Notes to the Financial Statements |
for the Year Ended 31 August 2023 |
1. | STATUTORY INFORMATION |
Woodbourne Group (Mill Street) Ltd is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Unlisted assets |
Unlisted assets (other intangible assets) are private number plates purchased by the company in 2019 that are not being amortised as the directors believe the value will not decrease |
Tangible fixed assets |
Depreciation on computer equipment is charged at 25% 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 balance sheet date. |
WOODBOURNE GROUP (MILL STREET) LTD (REGISTERED NUMBER: 10334244) |
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2023 |
2. | ACCOUNTING POLICIES - continued |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | AUDITORS' REMUNERATION |
Period |
1.4.21 |
Year Ended | to |
31.8.23 | 31.8.22 |
£ | £ |
Fees payable to the company's auditors for the audit of the company's financial statements |
3,000 |
3,000 |
5. | UNLISTED ASSETS |
Other |
intangible |
assets |
£ |
COST |
At 1 September 2022 |
and 31 August 2023 |
NET BOOK VALUE |
At 31 August 2023 |
At 31 August 2022 |
WOODBOURNE GROUP (MILL STREET) LTD (REGISTERED NUMBER: 10334244) |
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2023 |
6. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 September 2022 |
and 31 August 2023 |
DEPRECIATION |
At 1 September 2022 |
Charge for year |
At 31 August 2023 |
NET BOOK VALUE |
At 31 August 2023 |
At 31 August 2022 |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans |
WOODBOURNE GROUP (MILL STREET) LTD (REGISTERED NUMBER: 10334244) |
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2023 |
9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
2023 | 2022 |
£ | £ |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Bank loans more 5 yrs non-inst |
Repayable by instalments |
Bank loans more 5 yr by instal | 681,486 | 779,065 |
10. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
11. | RELATED PARTY DISCLOSURES |
The following current assets are related party transactions with no terms attached |
Woodbourne Developments Ltd = £9,940 (£9,940 in 2022) |
Woodbourne Ventures Ltd = £44,200 (220,000 in 2022) |
Woodbourne ventures (SC) ltd. = £457,376 (Nil in 2022) |
The following current liabilities are related party transactions with no terms attached |
Woodbourne Homes Ltd = £1,399,295 (£1,299,295 in 2022) |
Apex House 6 Ltd = £50,000 (£50,000 in 2022) |
Woodbourne Group (Black Lake) Ltd = £1,800,000 (£1,800,000 in 2022) |
Woodbourne Group (Saxon Way) Ltd = £20,000 (20,000 in 2022) |
Woodbourne Group (Battens Drive) Ltd = £370,000 70,000 in 2022) |