IRIS Accounts Production v24.3.0.553 12963309 director 1.11.22 31.10.23 31.10.23 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh129633092022-10-31129633092023-10-31129633092022-11-012023-10-31129633092021-10-31129633092021-11-012022-10-31129633092022-10-3112963309ns15:EnglandWales2022-11-012023-10-3112963309ns14:PoundSterling2022-11-012023-10-3112963309ns10:Director12022-11-012023-10-3112963309ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3112963309ns10:SmallEntities2022-11-012023-10-3112963309ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3112963309ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3112963309ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3112963309ns10:FullAccounts2022-11-012023-10-3112963309ns10:OrdinaryShareClass12022-11-012023-10-3112963309ns10:RegisteredOffice2022-11-012023-10-3112963309ns5:CurrentFinancialInstruments2023-10-3112963309ns5:CurrentFinancialInstruments2022-10-3112963309ns5:ShareCapital2023-10-3112963309ns5:ShareCapital2022-10-3112963309ns5:RetainedEarningsAccumulatedLosses2023-10-3112963309ns5:RetainedEarningsAccumulatedLosses2022-10-3112963309ns5:PlantMachinery2022-11-012023-10-3112963309ns5:FurnitureFittings2022-11-012023-10-3112963309ns5:MotorVehicles2022-11-012023-10-3112963309ns5:PlantMachinery2022-10-3112963309ns5:FurnitureFittings2022-10-3112963309ns5:MotorVehicles2022-10-3112963309ns5:PlantMachinery2023-10-3112963309ns5:FurnitureFittings2023-10-3112963309ns5:MotorVehicles2023-10-3112963309ns5:PlantMachinery2022-10-3112963309ns5:FurnitureFittings2022-10-3112963309ns5:MotorVehicles2022-10-3112963309ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3112963309ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3112963309ns10:OrdinaryShareClass12023-10-31
REGISTERED NUMBER: 12963309 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

WOODBRIDGE AUTOS LIMITED

WOODBRIDGE AUTOS LIMITED (REGISTERED NUMBER: 12963309)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WOODBRIDGE AUTOS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: Mr A J Burvill





REGISTERED OFFICE: Solar House
282 Chase Road
Southgate
London
N14 6NZ





REGISTERED NUMBER: 12963309 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

WOODBRIDGE AUTOS LIMITED (REGISTERED NUMBER: 12963309)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,138 18,774

CURRENT ASSETS
Stocks 5 740 680
Debtors 6 3,768 844
Cash at bank and in hand 25,687 48,694
30,195 50,218
CREDITORS
Amounts falling due within one year 7 33,580 32,253
NET CURRENT (LIABILITIES)/ASSETS (3,385 ) 17,965
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,753

36,739

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 16,653 36,639
SHAREHOLDERS' FUNDS 16,753 36,739

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 October 2024 and were signed by:




Mr A J Burvill - Director


WOODBRIDGE AUTOS LIMITED (REGISTERED NUMBER: 12963309)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

Woodbridge Autos Limited is a private company, limited by shares , registered in England and Wales. 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.

Turnover
Turnover represents amounts derived from the provision of services to customers during the year, and is recognised at the date the service was provided. This is stated after trade discounts, other sales taxes and net of VAT.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

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 3 (2022 - 3 ) .

WOODBRIDGE AUTOS LIMITED (REGISTERED NUMBER: 12963309)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 November 2022 24,417 1,893 500 26,810
Additions 8,055 - - 8,055
At 31 October 2023 32,472 1,893 500 34,865
DEPRECIATION
At 1 November 2022 7,028 828 180 8,036
Charge for year 6,361 266 64 6,691
At 31 October 2023 13,389 1,094 244 14,727
NET BOOK VALUE
At 31 October 2023 19,083 799 256 20,138
At 31 October 2022 17,389 1,065 320 18,774

5. STOCKS
31.10.23 31.10.22
£    £   
Stocks 740 680

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 964 482
Prepayments 2,804 362
3,768 844

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 5,133 5,269
Tax 8,127 13,025
Social security and other taxes 1,172 367
Net wages 2,527 2,352
Pension 244 225
VAT 8,071 6,143
Other creditors 2,166 -
Directors' current accounts 140 1,872
Accrued expenses 6,000 3,000
33,580 32,253

WOODBRIDGE AUTOS LIMITED (REGISTERED NUMBER: 12963309)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
100 Ordinary shares 1 100 100