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REGISTERED NUMBER: 04962583 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Northwood (Wokingham) Ltd

Northwood (Wokingham) Ltd (Registered number: 04962583)






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


Northwood (Wokingham) Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: S Watson
Mrs D W Watson





SECRETARY:





REGISTERED OFFICE: 15 - 17 Broad Street
Wokingham
Berkshire
RG40 1AU





REGISTERED NUMBER: 04962583 (England and Wales)





ACCOUNTANTS: A Hunter & Co Ltd
Chartered Certified Accountants
61 St Thomas Street
Weymouth
Dorset
DT4 8EQ

Northwood (Wokingham) Ltd (Registered number: 04962583)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,841 6,842
2,841 6,842

CURRENT ASSETS
Debtors 6 45,072 43,517
Cash at bank and in hand 26,418 19,929
71,490 63,446
CREDITORS
Amounts falling due within one year 7 53,781 35,440
NET CURRENT ASSETS 17,709 28,006
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,550

34,848

CREDITORS
Amounts falling due after more than
one year

8

(69,967

)

(80,696

)

PROVISIONS FOR LIABILITIES (122 ) (285 )
NET LIABILITIES (49,539 ) (46,133 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (49,541 ) (46,135 )
(49,539 ) (46,133 )

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.

Northwood (Wokingham) Ltd (Registered number: 04962583)

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 28 August 2024 and were signed on its behalf by:





Mrs D W Watson - Director


Northwood (Wokingham) Ltd (Registered number: 04962583)

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

1. STATUTORY INFORMATION

Northwood (Wokingham) 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 10% on cost
Plant and machinery etc - 15% on 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.

Northwood (Wokingham) Ltd (Registered number: 04962583)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 May 2023
and 30 April 2024 66,500
AMORTISATION
At 1 May 2023
and 30 April 2024 66,500
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 32,790 25,933 58,723
DEPRECIATION
At 1 May 2023 29,790 22,091 51,881
Charge for year 3,000 1,001 4,001
At 30 April 2024 32,790 23,092 55,882
NET BOOK VALUE
At 30 April 2024 - 2,841 2,841
At 30 April 2023 3,000 3,842 6,842

Northwood (Wokingham) Ltd (Registered number: 04962583)

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

6. DEBTORS
30.4.24 30.4.23
£    £   
Amounts falling due within one year:
Other debtors 2,530 975

Amounts falling due after more than one year:
Other debtors 42,542 42,542

Aggregate amounts 45,072 43,517

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Taxation and social security 9,396 6,537
Other creditors 44,385 28,903
53,781 35,440

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.24 30.4.23
£    £   
Other creditors 69,967 80,696

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The Directors have loaned money to the company during the year but have agreed that no repayments will be made until the company has sufficient cash resources over and above working capital requirements.