REGISTERED NUMBER: |
WOOD WEST MANAGEMENT LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors and authorised for issue on |
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 |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.12.22 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.12.22 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
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 |
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. |