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REGISTERED NUMBER: 04192921















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Woods of Deal Limited

Woods of Deal Limited (Registered number: 04192921)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Woods of Deal Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: G Woods
K Woods





REGISTERED OFFICE: Talfourd Lodge
86 Middle Deal Road
Deal
Kent
CT14 9RH





REGISTERED NUMBER: 04192921





ACCOUNTANT: Whitten Spencer Limited
Tanglewood
Patrixbourne Road
Bridge
Canterbury
Kent
CT4 5BL

Woods of Deal Limited (Registered number: 04192921)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 290 326
Tangible assets 5 54,208 72,394
54,498 72,720

CURRENT ASSETS
Stocks 1,069,728 122,659
Debtors 6 30,810 575,040
Cash at bank 188,954 342,274
1,289,492 1,039,973
CREDITORS
Amounts falling due within one year 7 335,510 99,623
NET CURRENT ASSETS 953,982 940,350
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,008,480

1,013,070

CREDITORS
Amounts falling due after more than one
year

8

477,682

487,671
NET ASSETS 530,798 525,399

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 530,698 525,299
SHAREHOLDERS' FUNDS 530,798 525,399

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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.

Woods of Deal Limited (Registered number: 04192921)

Balance Sheet - continued
31 August 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2024 and were signed on its behalf by:





G Woods - Director


Woods of Deal Limited (Registered number: 04192921)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Woods of Deal Limited 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Brands & licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Storage building - 10% on cost
Plant and machinery - 20% on cost
Motor vehicles - 25% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 8 ) .

Woods of Deal Limited (Registered number: 04192921)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2023
and 31 August 2024 362
AMORTISATION
At 1 September 2023 36
Charge for year 36
At 31 August 2024 72
NET BOOK VALUE
At 31 August 2024 290
At 31 August 2023 326

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 143,814
Additions 1,110
At 31 August 2024 144,924
DEPRECIATION
At 1 September 2023 71,420
Charge for year 19,296
At 31 August 2024 90,716
NET BOOK VALUE
At 31 August 2024 54,208
At 31 August 2023 72,394

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 30,110 568,616
Other debtors 700 6,424
30,810 575,040

Woods of Deal Limited (Registered number: 04192921)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 10,648 10,648
Trade creditors 21,829 54,692
Taxation and social security 35,353 22,556
Other creditors 267,680 11,727
335,510 99,623

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 8,301 18,290
Other creditors 469,381 469,381
477,682 487,671

9. ULTIMATE CONTROLLING PARTY

The controlling party is G Woods and K Woods..