Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-3112023-02-01falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08679817 2023-02-01 2024-01-31 08679817 2022-02-01 2023-01-31 08679817 2024-01-31 08679817 2023-01-31 08679817 c:Director1 2023-02-01 2024-01-31 08679817 d:LeaseholdInvestmentProperty 2024-01-31 08679817 d:LeaseholdInvestmentProperty 2023-01-31 08679817 d:CurrentFinancialInstruments 2024-01-31 08679817 d:CurrentFinancialInstruments 2023-01-31 08679817 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 08679817 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 08679817 d:ShareCapital 2024-01-31 08679817 d:ShareCapital 2023-01-31 08679817 d:RetainedEarningsAccumulatedLosses 2024-01-31 08679817 d:RetainedEarningsAccumulatedLosses 2023-01-31 08679817 c:FRS102 2023-02-01 2024-01-31 08679817 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 08679817 c:FullAccounts 2023-02-01 2024-01-31 08679817 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08679817 2 2023-02-01 2024-01-31 08679817 6 2023-02-01 2024-01-31 08679817 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 08679817









WOODFORD HEATING HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
WOODFORD HEATING HOLDINGS LIMITED
REGISTERED NUMBER: 08679817

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
100
100

Investment property
 5 
1,726,370
1,726,370

  
1,726,470
1,726,470

Current assets
  

Debtors: amounts falling due within one year
 6 
2,535,505
2,407,886

Cash at bank and in hand
 7 
168,075
195,085

  
2,703,580
2,602,971

Creditors: amounts falling due within one year
 8 
(88,027)
(117,115)

Net current assets
  
 
 
2,615,553
 
 
2,485,856

Total assets less current liabilities
  
4,342,023
4,212,326

  

Net assets
  
4,342,023
4,212,326


Capital and reserves
  

Called up share capital 
  
101
101

Profit and loss account
  
4,341,922
4,212,225

  
4,342,023
4,212,326


Page 1

 
WOODFORD HEATING HOLDINGS LIMITED
REGISTERED NUMBER: 08679817
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 October 2024.


R S Alderslade
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
WOODFORD HEATING HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Woodford Heating Holdings Limited is a private company, limited by shares, domiciled in England and Wales, registration number 08679817. The registered office is 8 Longaford Way, Loughton, Essex, United Kingdom, CM13 2LT. The principal activity of the company continued to be that of a holding and property investment Company. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue represents rental income received from the properties held in the company.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
WOODFORD HEATING HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits;
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met; and
Where they relate to timing differences in respect of interests in subsidiaries, associates, branches and joint ventures and the Company can control the reversal of the timing differences and such reversal is not considered probable in the foreseeable future.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.6

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

 
WOODFORD HEATING HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 February 2023
100



At 31 January 2024
100





5.


Investment property


Long term leasehold investment property

£



Valuation


At 1 February 2023
1,726,370



At 31 January 2024
1,726,370

The 2024 valuations were made by the directors, on an open market value for existing use basis.







6.


Debtors

2024
2023
Page 5

 
WOODFORD HEATING HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.Debtors (continued)

£
£


Trade debtors
12,303
12,303

Amounts owed by group undertakings
2,494,386
2,001,384

Other debtors
23,800
389,806

Prepayments and accrued income
5,016
4,393

2,535,505
2,407,886



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
168,075
195,085

168,075
195,085



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
618
41,708

Amounts owed to group undertakings
127
127

Corporation tax
37,470
35,667

Other creditors
12,560
12,500

Accruals and deferred income
37,252
27,113

88,027
117,115


 
Page 6