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REGISTERED NUMBER: 07067242 (England and Wales)










WOOD WEST MANAGEMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






WOOD WEST MANAGEMENT LIMITED (REGISTERED NUMBER: 07067242)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WOOD WEST MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: C R Peerless
S Sheldon





REGISTERED OFFICE: 69-71 East Street
Epsom
Surrey
KT19 8LN





REGISTERED NUMBER: 07067242 (England and Wales)





ACCOUNTANTS: Hakim Fry
Chartered Accountants
69-71 East Street
Epsom
Surrey
KT17 1BP

WOOD WEST MANAGEMENT LIMITED (REGISTERED NUMBER: 07067242)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Debtors 5 150,500 140,697
Cash at bank 67,465 28,326
217,965 169,023
CREDITORS
Amounts falling due within one year 6 195,385 142,381
NET CURRENT ASSETS 22,580 26,642
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,580

26,642

CREDITORS
Amounts falling due after more than one
year

7

22,578

26,640
NET ASSETS 2 2

CAPITAL AND RESERVES
Called up share capital 2 2
SHAREHOLDERS' FUNDS 2 2

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 17 September 2024 and were signed on its behalf by:




S Sheldon - Director


WOOD WEST MANAGEMENT LIMITED (REGISTERED NUMBER: 07067242)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Wood West Management Limited 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.

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 8 ) .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 140,704 133,007
Other debtors 9,796 7,690
150,500 140,697

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 4,168 4,281
Trade creditors 135,552 68,873
Taxation and social security 15,010 7,893
Other creditors 40,655 61,334
195,385 142,381

WOOD WEST MANAGEMENT LIMITED (REGISTERED NUMBER: 07067242)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 22,578 26,640

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 5,905 8,403

8. RELATED PARTY DISCLOSURES

Wood West Management Ltd is equally owned by Beamray Ltd & Greenholme Enterprises Ltd. Mr C Peerless, one of the two Directors, is a Director and sole shareholder of Beamray Ltd. Mr S Sheldon, the other company Director, is one of the Directors of Greenholme Enterprises Ltd.

During the year Wood West Management Ltd had sales amounting to £513,574 (31.12.22: £439,646) and incurred costs of £338,370 (31.12.22: £251,135) with Beamray Ltd. At the balance sheet date an amount of £24,098 (31.12.22: £16,697) was owed to Beamray Ltd.

During the year Wood West Management Ltd had sales amounting to £227,909 (31.12.22: £196,840) and incurred costs of £261,092 (31.12.22: £141,648) with Greenholme Enterprises Ltd. At the balance sheet date an amount of £4,021 (31.12.22: £72,928 was owed by) was owed to Greenholme Enterprises Ltd.

During the year Wood West Management Ltd had sales amounting to £83,120 (31.12.22: £79,021) and incurred costs of £Nil (31.12.22: £1,163) with Wigmore Estate Agents Ltd. At the balance sheet date an amount of £5,696 (31.12.22: £4,222) was owed by Wigmore Estate Agents Ltd.

Beamray Ltd owns 50% of the shares in Wigmore Estate Agents Ltd.