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Company Registration No. 06728261 (England and Wales)
Woodfloors 4 you Limited Unaudited accounts for the year ended 31 October 2023
Woodfloors 4 you Limited Unaudited accounts Contents
Page
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Woodfloors 4 you Limited Company Information for the year ended 31 October 2023
Director
Valon Grapci
Secretary
Njomeza Loshi Grapci
Company Number
06728261 (England and Wales)
Registered Office
Flat 15 Oakview Lodge Beechcroft Avenue London Greater London NW11 8BL
Accountants
Solid Ltd Eagle House 163 City Road London EC1V 1NR
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Woodfloors 4 you Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
74,334 
42,673 
Current assets
Debtors
926,263 
960,379 
Cash at bank and in hand
38,788 
15,240 
965,051 
975,619 
Creditors: amounts falling due within one year
(403,908)
(374,405)
Net current assets
561,143 
601,214 
Total assets less current liabilities
635,477 
643,887 
Creditors: amounts falling due after more than one year
(15,269)
(25,352)
Provisions for liabilities
Deferred tax
(3,062)
(3,062)
Net assets
617,146 
615,473 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
617,145 
615,472 
Shareholders' funds
617,146 
615,473 
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 July 2024 and were signed on its behalf by
Valon Grapci Director Company Registration No. 06728261
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Woodfloors 4 you Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Woodfloors 4 you Limited is a private company, limited by shares, registered in England and Wales, registration number 06728261. The registered office is Flat 15 Oakview Lodge, Beechcroft Avenue, London, Greater London, NW11 8BL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed 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. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight line
Motor vehicles
20% straight line
Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Woodfloors 4 you Limited Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
25,400 
109,470 
- 
134,870 
Additions
1,388 
54,750 
5,562 
61,700 
Disposals
- 
(23,750)
- 
(23,750)
At 31 October 2023
26,788 
140,470 
5,562 
172,820 
Depreciation
At 1 November 2022
24,329 
67,868 
- 
92,197 
Charge for the year
640 
4,943 
706 
6,289 
At 31 October 2023
24,969 
72,811 
706 
98,486 
Net book value
At 31 October 2023
1,819 
67,659 
4,856 
74,334 
At 31 October 2022
1,071 
41,602 
- 
42,673 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,811 
136,425 
Amounts due from group undertakings etc.
919,566 
780,216 
Accrued income and prepayments
1,389 
- 
Other debtors
2,497 
43,738 
926,263 
960,379 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
25,987 
31,562 
VAT
61,882 
85,447 
Trade creditors
10 
- 
Taxes and social security
263,062 
224,659 
Other creditors
24,447 
18,640 
Loans from directors
28,520 
14,097 
403,908 
374,405 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
15,269 
25,352 
BBL loan backed by 100% government guarantee and financing of first year's interest by means of government grant.
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Woodfloors 4 you Limited Notes to the Accounts for the year ended 31 October 2023
8
Transactions with related parties
VAV INVESTMENTS LIMITED Valon Grapci the Director and owner of Woodfloors 4 You Limited is also a Director and shareholder in VAV INVESTMENTS LIMITED (Company number 13627737). Woodfloors 4 You Limited made a loan to VAV INVESTMENTS LIMITED. The loan outstanding at the year end was £919,566; 2022: £780,216.
9
Average number of employees
During the year the average number of employees was 9 (2022: 8).
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