Registered number
13525283
Woods Properties Cuckfield Limited
Filleted Accounts
31 July 2023
Woods Properties Cuckfield Limited
Registered number: 13525283
Balance Sheet
as at 31 July 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 673,922 680,729
Current assets
Cash at bank and in hand 2,126 9,491
Creditors: amounts falling due within one year 4 (8,070) (2,063)
Net current (liabilities)/assets (5,944) 7,428
Total assets less current liabilities 667,978 688,157
Creditors: amounts falling due after more than one year 5 (643,323) (683,434)
Net assets 24,655 4,723
Capital and reserves
Share premium 21 21
Profit and loss account 24,634 4,702
Shareholders' funds 24,655 4,723
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A J W Wood
Director
Approved by the board on 23 April 2024
Woods Properties Cuckfield Limited
Notes to the Accounts
for the year ended 31 July 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 100 years
Leasehold land and buildings over the lease term
Plant and machinery over 3 to 4 years
Fixtures, fittings, tools and equipment over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 August 2022 680,729
At 31 July 2023 680,729
Depreciation
Charge for the year 6,807
At 31 July 2023 6,807
Net book value
At 31 July 2023 673,922
At 31 July 2022 680,729
4 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 7,110 1,103
Other creditors 960 960
8,070 2,063
5 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 325,319 335,930
Other loans 218,024 247,524
Directors Loan Account 99,980 99,980
643,323 683,434
6 Other information
Woods Properties Cuckfield Limited is a private company limited by shares and incorporated in England. Its registered office is:
Forge Works, Sparks Lane
Brook Street
Cuckfield
West Sussex
RH17 5JP
Woods Properties Cuckfield Limited 13525283 false 2022-08-01 2023-07-31 2023-07-31 VT Final Accounts April 2024 A J W Wood No description of principal activity 13525283 2021-07-22 2022-07-31 13525283 core:WithinOneYear 2022-07-31 13525283 core:AfterOneYear 2022-07-31 13525283 core:SharePremium 2022-07-31 13525283 core:RetainedEarningsAccumulatedLosses 2022-07-31 13525283 2022-08-01 2023-07-31 13525283 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 13525283 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 13525283 bus:Director40 2022-08-01 2023-07-31 13525283 1 2022-08-01 2023-07-31 13525283 2 2022-08-01 2023-07-31 13525283 core:LandBuildings 2022-08-01 2023-07-31 13525283 countries:England 2022-08-01 2023-07-31 13525283 bus:FRS102 2022-08-01 2023-07-31 13525283 bus:FilletedAccounts 2022-08-01 2023-07-31 13525283 2023-07-31 13525283 core:WithinOneYear 2023-07-31 13525283 core:AfterOneYear 2023-07-31 13525283 core:SharePremium 2023-07-31 13525283 core:RetainedEarningsAccumulatedLosses 2023-07-31 13525283 core:LandBuildings 2023-07-31 13525283 2022-07-31 13525283 core:LandBuildings 2022-07-31 iso4217:GBP xbrli:pure