Woodstock (CHURCH HILL) LTD 14185204 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is Development of building projects Digita Accounts Production Advanced 6.30.9574.0 true true 14185204 2023-07-01 2024-06-30 14185204 2024-06-30 14185204 core:CurrentFinancialInstruments 2024-06-30 14185204 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 14185204 bus:SmallEntities 2023-07-01 2024-06-30 14185204 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 14185204 bus:FilletedAccounts 2023-07-01 2024-06-30 14185204 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14185204 bus:RegisteredOffice 2023-07-01 2024-06-30 14185204 bus:Director1 2023-07-01 2024-06-30 14185204 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14185204 countries:UnitedKingdom 2023-07-01 2024-06-30 14185204 2022-06-21 2023-06-30 14185204 2023-06-30 14185204 core:CurrentFinancialInstruments 2023-06-30 14185204 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 14185204

Woodstock (CHURCH HILL) LTD

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

Woodstock (CHURCH HILL) LTD

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Woodstock (CHURCH HILL) LTD

(Registration number: 14185204)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Current assets

 

Stocks

4

18,452

13,125

Debtors

5

41

1,047

Cash at bank and in hand

 

379

287

 

18,872

14,459

Creditors: Amounts falling due within one year

6

(25,235)

(19,072)

Net liabilities

 

(6,363)

(4,613)

Capital and reserves

 

Called up share capital

7

1

1

Profit and loss account

(6,364)

(4,614)

Shareholders' deficit

 

(6,363)

(4,613)

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 23 September 2024
 

.........................................
Jordan Reuben
Director

 

Woodstock (CHURCH HILL) LTD

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
3rd Floor
Lawford House
Albert Place
London
N3 1QA
United Kingdom

These financial statements were authorised for issue by the director on 23 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statement are prepared in sterling (£), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Woodstock (CHURCH HILL) LTD

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Stocks

2024
£

2023
£

Work in progress

18,452

13,125

5

Debtors

Current

2024
£

2023
£

Other debtors

41

1,047

 

41

1,047

 

Woodstock (CHURCH HILL) LTD

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

202

1,662

Accruals and deferred income

1,250

1,200

Other creditors

23,783

16,210

25,235

19,072

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

1

1

1

1

       

8

Related party transactions

Included in other creditors is an amount of £17,482 (2023 - £ 9,910) owed to companies under common control. This amount is interest - free and there are no formal terms regarding repayment of the balance.

Included in other creditors is an amount of £6,300 (2023 - £ 6,300) owed by the company to its director. This amount is interest free and there are no formal terms regarding repayment of the balance.