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REGISTERED NUMBER: 14272677 (England and Wales)















Woodedd Property Ltd

Unaudited Financial Statements

for the Period 3 August 2022 to 31 August 2023






Woodedd Property Ltd (Registered number: 14272677)






Contents of the Financial Statements
for the Period 3 August 2022 to 31 August 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


Woodedd Property Ltd (Registered number: 14272677)

Balance Sheet
31 August 2023

Notes £    £   
FIXED ASSETS
Investment property 4 145,000

CURRENT ASSETS
Debtors 5 8,092
Cash at bank 2,221
10,313
CREDITORS
Amounts falling due within one year 6 77,170
NET CURRENT LIABILITIES (66,857 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,143

CREDITORS
Amounts falling due after more than
one year

7

(75,000

)

PROVISIONS FOR LIABILITIES (7,189 )
NET LIABILITIES (4,046 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (4,146 )
(4,046 )

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

Woodedd Property Ltd (Registered number: 14272677)

Balance Sheet - 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 18 April 2024 and were signed on its behalf by:





Ms R C Woodedd - Director


Woodedd Property Ltd (Registered number: 14272677)

Notes to the Financial Statements
for the Period 3 August 2022 to 31 August 2023

1. STATUTORY INFORMATION

Woodedd Property Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14272677

Registered office: Suite 16 Enterprise House
Telford Road
Bicester
Oxon
OX26 4LD

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Woodedd Property Ltd (Registered number: 14272677)

Notes to the Financial Statements - continued
for the Period 3 August 2022 to 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 period 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 period was 2 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 107,161
Revaluations 37,839
At 31 August 2023 145,000
NET BOOK VALUE
At 31 August 2023 145,000

Fair value at 31 August 2023 is represented by:
£   
Valuation in 2023 37,839
Cost 107,161
145,000

If the investment property had not been revalued it would have been included at the following historical cost:

£   
Cost 107,161

The investment property was valued on an open market basis on 31 August 2023 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 8,092

Woodedd Property Ltd (Registered number: 14272677)

Notes to the Financial Statements - continued
for the Period 3 August 2022 to 31 August 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 77,170

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Bank loans 75,000

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 75,000

The long term loans are secured by negative pledges and/or fixed charges over the investment properties held in the company.