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REGISTERED NUMBER: 06203752 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Wood-Construction Ltd

Wood-Construction Ltd (Registered number: 06203752)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wood-Construction Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: R B Wood
Mrs H Wood





SECRETARY: Mrs H Wood





REGISTERED OFFICE: 37 Esingdon Drive
Thame
Oxfordshire
OX9 3DS





REGISTERED NUMBER: 06203752 (England and Wales)





ACCOUNTANTS: Webb Teasdale Accountancy Ltd
Boston House
Grove Business Park
Downsview Road
Wantage
Oxfordshire
OX12 9FF

Wood-Construction Ltd (Registered number: 06203752)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 5,500
Tangible assets 5 14,888 14,927
Investments 6 100 100
14,988 20,527

CURRENT ASSETS
Debtors 7 133,787 198,897
Cash at bank 1,134,362 1,637,479
1,268,149 1,836,376
CREDITORS
Amounts falling due within one year 8 486,340 584,032
NET CURRENT ASSETS 781,809 1,252,344
TOTAL ASSETS LESS CURRENT
LIABILITIES

796,797

1,272,871

PROVISIONS FOR LIABILITIES 2,011 1,916
NET ASSETS 794,786 1,270,955

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 794,686 1,270,855
SHAREHOLDERS' FUNDS 794,786 1,270,955

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

Wood-Construction Ltd (Registered number: 06203752)

Balance Sheet - continued
30 April 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 June 2024 and were signed on its behalf by:





R B Wood - Director


Wood-Construction Ltd (Registered number: 06203752)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Wood-Construction Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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

Revenue that is received but incurs a future liability will be deferred and excluded from current years turnover.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Wood-Construction Ltd (Registered number: 06203752)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 May 2023
and 30 April 2024 16,500
AMORTISATION
At 1 May 2023 11,000
Charge for year 5,500
At 30 April 2024 16,500
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 5,500

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 May 2023 17,785 14,265 32,050
Additions 4,073 - 4,073
At 30 April 2024 21,858 14,265 36,123
DEPRECIATION
At 1 May 2023 9,270 7,853 17,123
Charge for year 3,150 962 4,112
At 30 April 2024 12,420 8,815 21,235
NET BOOK VALUE
At 30 April 2024 9,438 5,450 14,888
At 30 April 2023 8,515 6,412 14,927

Wood-Construction Ltd (Registered number: 06203752)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 100
NET BOOK VALUE
At 30 April 2024 100
At 30 April 2023 100

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 34,322 69,574
Other debtors 99,465 129,323
133,787 198,897

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 54,287 140,733
Other creditors 432,053 443,299
486,340 584,032

Within other creditors is £424,808.49 of deferred income to represent future commitment on monies already received or invoiced (2023 £439,875)

9. RELATED PARTY DISCLOSURES

Ava Rose Property Ltd, a company that the Directors are also Directors of, is supplied a loan from the company on which. interest has been charged at market rates and the loan is repayable on demand.The balance as at 30th April 2024 was £96,684.92.