2023-02-01 09942530 2024-01-31 09942530 2023-02-01 2024-01-31 09942530 2023-01-31 09942530 2022-02-01 2023-01-31 09942530 uk-core:WithinOneYear 2023-01-31 09942530 uk-core:WithinOneYear 2024-01-31 09942530 uk-core:AfterOneYear 2023-01-31 09942530 uk-core:AfterOneYear 2024-01-31 09942530 uk-core:ShareCapital 2024-01-31 09942530 uk-core:ShareCapital 2023-01-31 09942530 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 09942530 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 09942530 uk-bus:Director1 2023-02-01 2024-01-31 09942530 uk-core:PlantMachinery 2023-02-01 2024-01-31 09942530 uk-core:ComputerEquipment 2023-02-01 2024-01-31 09942530 uk-core:MotorVehicles 2023-02-01 2024-01-31 09942530 uk-core:FurnitureFittings 2023-02-01 2024-01-31 09942530 uk-core:ComputerSoftware 2023-01-31 09942530 uk-core:ComputerSoftware 2024-01-31 09942530 uk-core:ComputerEquipment 2023-01-31 09942530 uk-core:FurnitureFittings 2023-01-31 09942530 uk-core:MotorVehicles 2023-01-31 09942530 uk-core:PlantMachinery 2023-01-31 09942530 uk-core:MotorVehicles 2024-01-31 09942530 uk-core:FurnitureFittings 2024-01-31 09942530 uk-core:ComputerEquipment 2024-01-31 09942530 uk-core:PlantMachinery 2024-01-31 09942530 uk-core:WithinOneYear 2024-01-31 09942530 uk-core:WithinOneYear 2023-01-31 09942530 uk-core:AfterOneYear uk-core:Secured 2024-01-31 09942530 uk-core:AfterOneYear uk-core:Secured 2023-01-31 iso4217:GBP xbrli:pure 09942530 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 09942530 uk-bus:FRS102 2023-02-01 2024-01-31 09942530 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 09942530 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
Four Wood Services Limited
Registered Number:09942530
For the year ended 31 January 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2024
Four Wood Services Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
09942530
As at 31 January 2024
Four Wood Services Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
356,897
157,154
3
356,897
157,154
Current assets
Inventories
22,480
5,200
4
Trade and other receivables
97,076
138,369
5
41,554
Cash and cash equivalents
260,979
404,548
161,110
Trade and other payables: amounts falling due within one
year
(87,190)
(381,792)
6
73,920
22,756
Net current assets
Total assets less current liabilities
379,653
231,074
Trade and other payables: amounts falling due after more
than one year
(83,692)
-
7
(79,794)
(29,858)
Provisions for liabilities
299,859
Net assets
117,524
Capital and reserves
Called up share capital
100
100
Retained earnings
299,759
117,424
299,859
117,524
Shareholders' funds
For the year ended 31 January 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
09942530
For the year ended 31 January 2024
Four Wood Services Limited
Statement of Financial Position Continued
Mrs L Long Director
These financial statements were approved and authorised for issue by the Board on 02 October 2024 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 January 2024
Four Wood Services Limited
Notes to the Financial Statements
Statutory Information
Four Wood Services Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09942530.
Registered address:
Unit 27 Court Industrial Estate
Vinces Road
Diss
Norfolk
IP22 4HQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Intangible assets
Computer software, is stated at cost less amortisation. Amortisation is provided at 33.33% to write off the cost of the intangible assets over the 3 years.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
33.33% Straight line
Computer Equipment
25% Reducing balance
Motor Vehicles
20% Straight line
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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6
For the year ended 31 January 2024
Four Wood Services Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Other
Intangible
Assets
Cost or valuation
£
At 01 February 2023
2,995
At 31 January 2024
2,995
Amortisation
At 01 February 2023
2,995
At 31 January 2024
2,995
Net book value
At 31 January 2024
-
At 31 January 2023
-
3. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor
Vehicles
Plant and
Machinery
£
£
£
£
£
Cost or
valuation
At 01 February 2023
338,852
5,332
1,322
102,630
229,568
245,291
1,396
-
21,996
221,899
Additions
At 31 January 2024
124,626
1,322
6,728
584,143
451,467
Provision for depreciation and impairment
At 01 February 2023
181,698
4,075
584
50,095
126,944
Charge for year
45,548
1,143
264
14,589
29,552
At 31 January 2024
227,246
5,218
848
64,684
156,496
At 31 January 2024
Net book value
294,971
59,942
474
1,510
356,897
At 31 January 2023
102,624
52,535
738
1,257
157,154
4. Inventories
2023
2024
£
£
Stocks
5,200
22,480
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7
For the year ended 31 January 2024
Four Wood Services Limited
Notes to the Financial Statements Continued
5. Trade and other receivables
2023
2024
£
£
Trade debtors
123,715
68,963
Other debtors
14,654
28,113
97,076
138,369
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
-
43,361
Trade creditors
58,806
20,715
Taxation and social security
69,277
8,571
Other creditors
253,709
14,543
381,792
87,190
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
-
79,433
Other creditors
-
4,259
-
83,692
8. Average number of persons employed
During the year the average number of employees was 11 (2023 : 13)
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