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REGISTERED NUMBER: 05497555 (England and Wales)


















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Wood Green Investments Limited

Wood Green Investments Limited (Registered number: 05497555)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


Wood Green Investments Limited (Registered number: 05497555)

Balance Sheet
30 September 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 356
Investment property 5 - 8,000,000
- 8,000,356

CURRENT ASSETS
Debtors 6 1,888,862 466,279
Cash at bank 2,454 23,594
1,891,316 489,873
CREDITORS
Amounts falling due within one year 7 (88,178 ) (217,508 )
NET CURRENT ASSETS 1,803,138 272,365
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,803,138

8,272,721

CREDITORS
Amounts falling due after more than one
year

8

(34,283

)

(3,269,084

)

PROVISIONS FOR LIABILITIES - (788,445 )
NET ASSETS 1,768,855 4,215,192

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 - 3,602,150
Retained earnings 1,768,755 612,942
SHAREHOLDERS' FUNDS 1,768,855 4,215,192

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Wood Green Investments Limited (Registered number: 05497555)

Balance Sheet - continued
30 September 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 September 2024 and were signed by:





L S Gilbert - Director


Wood Green Investments Limited (Registered number: 05497555)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Wood Green Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05497555

Registered office: Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Turnover
Turnover represents the total invoice value of rent receivable during the year, excluding VAT where it is
charged.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investment property
Investment property is included at fair value. Gains are recognised in the profit and loss account. Deferred
taxation is provided on these gains at the rate expected to apply when the property is sold.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Wood Green Investments Limited (Registered number: 05497555)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022 5,973
Disposals (5,973 )
At 30 September 2023 -
DEPRECIATION
At 1 October 2022 5,617
Charge for year 89
Eliminated on disposal (5,706 )
At 30 September 2023 -
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 356

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022 8,000,000
Disposals (8,000,000 )
At 30 September 2023 -
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 8,000,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 71,300
Amounts owed by related parties 1,521,004 386,564
Other debtors 367,858 8,415
1,888,862 466,279

Wood Green Investments Limited (Registered number: 05497555)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 27,459 116,374
Trade creditors 17,295 3,437
Amounts owed to related parties 2,140 500
Taxation and social security 5,943 17,297
Other creditors 35,341 79,900
88,178 217,508

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 34,283 3,269,084

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 2,967,803

9. RESERVES
Fair
value
reserve
£   
At 1 October 2022 3,602,150
Disposal of property (4,390,595 )
Deferred tax 788,445

At 30 September 2023 -