Registered number
07112709
Woodslea Ltd
Filleted Accounts
31 December 2023
Woodslea Ltd
Registered number: 07112709
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1,209 635
Current assets
Debtors 4 1,954 1,000
Cash at bank and in hand 36,859 40,169
38,813 41,169
Creditors: amounts falling due within one year 5 (40,014) (38,821)
Net current (liabilities)/assets (1,201) 2,348
Net assets 8 2,983
Capital and reserves
Called up share capital 3 3
Profit and loss account 5 2,980
Shareholders' funds 8 2,983
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.
P Clarke
Director
Approved by the board on 2 February 2024
Woodslea Ltd
Notes to the Accounts
for the year ended 31 December 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).
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:
Equipment over 5 years
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 2 2
3 Tangible fixed assets
Equipment
£
Cost
At 1 January 2023 3,725
Additions 1,611
At 31 December 2023 5,336
Depreciation
At 1 January 2023 3,090
Charge for the year 1,037
At 31 December 2023 4,127
Net book value
At 31 December 2023 1,209
At 31 December 2022 635
4 Debtors 2023 2022
£ £
Trade debtors 1,954 1,000
5 Creditors: amounts falling due within one year 2023 2022
£ £
Amounts due to directors 39,508 38,143
Taxation and social security costs - 109
Other creditors 506 569
40,014 38,821
6 Controlling party
The directors are the sole shareholders of the company.
7 Other information
Woodslea Ltd is a private company limited by shares and incorporated in England. Its registered office is:
21 Cambridge Square
Redhill
Surrey
RH1 6TG
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