Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31222023-01-01falseInvestment CompanytruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00527354 2023-01-01 2023-12-31 00527354 2022-01-01 2022-12-31 00527354 2023-12-31 00527354 2022-12-31 00527354 c:Director3 2023-01-01 2023-12-31 00527354 d:CurrentFinancialInstruments 2023-12-31 00527354 d:CurrentFinancialInstruments 2022-12-31 00527354 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 00527354 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 00527354 d:ShareCapital 2023-12-31 00527354 d:ShareCapital 2022-12-31 00527354 d:RetainedEarningsAccumulatedLosses 2023-12-31 00527354 d:RetainedEarningsAccumulatedLosses 2022-12-31 00527354 c:FRS102 2023-01-01 2023-12-31 00527354 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 00527354 c:FullAccounts 2023-01-01 2023-12-31 00527354 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 00527354










WOODCO LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
WOODCO LIMITED
REGISTERED NUMBER: 00527354

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
3,500
1,747,355

  
3,500
1,747,355

Creditors: amounts falling due within one year
 6 
-
(166,199)

Net current assets
  
 
 
3,500
 
 
1,581,156

Total assets less current liabilities
  
3,500
1,581,156

  

Net assets
  
3,500
1,581,156


Capital and reserves
  

Called up share capital 
  
3,500
3,500

Profit and loss account
  
-
1,577,656

  
3,500
1,581,156


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 September 2024.


Stephen Woodcock
Director

Page 1

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

1.


General information

The company is a private company limited by shares and is incorporated in England and Wales. The address of its registered office is 14th Floor, 33 Cavendish Square, London, W1G 0PW.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and loss account.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 2

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

2.Accounting policies (continued)

 
2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.


4.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
3,500
1,667,470

Other debtors
-
79,885

3,500
1,747,355



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
-
161,291

Accruals and deferred income
-
4,908

-
166,199


 
Page 3