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REGISTERED NUMBER: 08859710 (England and Wales)















C & C WOODALL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






C & C WOODALL LIMITED (REGISTERED NUMBER: 08859710)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 8


C & C WOODALL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: C M Woodall
Mrs C M Woodall





REGISTERED OFFICE: 26 Park Road
Melton Mowbray
Leicestershire
LE13 1TT





REGISTERED NUMBER: 08859710 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
26 Park Road
Melton Mowbray
Leicestershire
LE13 1TT

C & C WOODALL LIMITED (REGISTERED NUMBER: 08859710)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 7,845 10,312

CURRENT ASSETS
Inventories 1,947 12,386
Debtors 5 53,676 68,782
Cash at bank 627 652
56,250 81,820
CREDITORS
Amounts falling due within one year 6 59,401 39,986
NET CURRENT (LIABILITIES)/ASSETS (3,151 ) 41,834
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,694

52,146

CREDITORS
Amounts falling due after more than
one year

7

48,496

56,502
NET LIABILITIES (43,802 ) (4,356 )

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings (43,803 ) (4,357 )
SHAREHOLDERS' FUNDS (43,802 ) (4,356 )

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

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 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.

C & C WOODALL LIMITED (REGISTERED NUMBER: 08859710)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 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 30 October 2024 and were signed on its behalf by:





C M Woodall - Director


C & C WOODALL LIMITED (REGISTERED NUMBER: 08859710)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

C & C Woodall 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
The accounts have been prepared on a going concern basis but there is a material uncertainty about the company's ability to continue as a going concern due to the amounts owed to creditors. The repayment of these debts is dependent on the support of the directors, bankers and other creditors not requesting immediate payment of all outstanding liabilities.

Revenue
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Inventories
Inventories are valued at the lower of cost and fair value less costs to complete and sell, 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 Income Statement, 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 statement of financial position date.


C & C WOODALL LIMITED (REGISTERED NUMBER: 08859710)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

2. ACCOUNTING POLICIES - continued
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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the statement of financial position. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance lease are depreciated over their useful lives or the lease term whichever is the shorter.

The interest element of these obligations is charged to the income statement over the relevant period. The capital element of the future repayments is treated as a liability.

Rentals paid under operating leases are charged to the income statement on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

C & C WOODALL LIMITED (REGISTERED NUMBER: 08859710)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 27,412
DEPRECIATION
At 1 February 2023 17,100
Charge for year 2,467
At 31 January 2024 19,567
NET BOOK VALUE
At 31 January 2024 7,845
At 31 January 2023 10,312


5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 1,588 2,254
Other debtors 11,538 12,405
Tax - 4,864
13,126 19,523

Amounts falling due after more than one year:
Other debtors 40,550 49,259

Aggregate amounts 53,676 68,782

C & C WOODALL LIMITED (REGISTERED NUMBER: 08859710)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,649 5,649
Hire purchase contracts (see note 8) 2,491 2,327
Taxation - 4,943
Other creditors 4,630 4,966
Directors' current accounts 38,487 14,181
Accrued expenses 8,144 7,920
59,401 39,986

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 5,799 5,799
Bank loans - 2-5 years 18,148 17,648
Bank loans more 5 yr by instal 9,077 15,092
Hire purchase contracts (see note 8) 15,472 17,963
48,496 56,502

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 9,077 15,092
Hire purchase 3,875 7,020
12,952 22,112

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 2,491 2,327
Between one and five years 11,597 10,943
In more than five years 3,875 7,020
17,963 20,290

C & C WOODALL LIMITED (REGISTERED NUMBER: 08859710)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 17,963 20,290
Factored debts - 1,349
17,963 21,639

The hire purchase is secured on the asset to which it relates.

Factored debts included in other creditors are secured on the trade debtors of the business.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1