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REGISTERED NUMBER: 02811187















WOODLANDS PROPERTY INVESTMENT LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2023






WOODLANDS PROPERTY INVESTMENT LTD (REGISTERED NUMBER: 02811187)

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










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


WOODLANDS PROPERTY INVESTMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: J A Lacey
Mrs D J Lacey





SECRETARY: Mrs D J Lacey





REGISTERED OFFICE: C/O Thrumpton Window Systems Ltd
Unit 4 London Road Business Park
Retford
Nottinghamshire
DN22 6HG





REGISTERED NUMBER: 02811187






WOODLANDS PROPERTY INVESTMENT LTD (REGISTERED NUMBER: 02811187)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 483,000 500,000
Investment property 5 2,875,000 974,069
3,358,000 1,474,069

CURRENT ASSETS
Stocks 83,205 83,205
Debtors 886,388 449,030
Cash at bank 300,579 579,820
1,270,172 1,112,055
CREDITORS
Amounts falling due within one year 660,150 645,238
NET CURRENT ASSETS 610,022 466,817
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,968,022

1,940,886

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 3,967,022 1,939,886
3,968,022 1,940,886

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.

WOODLANDS PROPERTY INVESTMENT LTD (REGISTERED NUMBER: 02811187)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 June 2024 and were signed on its behalf by:




J A Lacey - Director



Mrs D J Lacey - Director


WOODLANDS PROPERTY INVESTMENT LTD (REGISTERED NUMBER: 02811187)

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


1. STATUTORY INFORMATION

Woodlands Property Investment Ltd is a private company, limited by shares , registered in Not specified/Other. 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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

WOODLANDS PROPERTY INVESTMENT LTD (REGISTERED NUMBER: 02811187)

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


4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 January 2023 500,000
Revaluations (17,000 )
At 31 December 2023 483,000
NET BOOK VALUE
At 31 December 2023 483,000
At 31 December 2022 500,000

Cost or valuation at 31 December 2023 is represented by:
Totals
£   
Valuation in 2023 (17,000 )
Cost 500,000
483,000

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 974,069
Revaluations 1,900,931
At 31 December 2023 2,875,000
NET BOOK VALUE
At 31 December 2023 2,875,000
At 31 December 2022 974,069

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2023 2,875,000