Company Registration No. 4114236 (England and Wales)
Tom Woods Instruments Limited
Unaudited accounts
for the year ended 30 June 2024
Tom Woods Instruments Limited
Unaudited accounts
Contents
Tom Woods Instruments Limited
Company Information
for the year ended 30 June 2024
Company Number
4114236 (England and Wales)
Registered Office
17 King Street
London
SW1Y 6QA
Tom Woods Instruments Limited
Statement of financial position
as at 30 June 2024
Tangible assets
410,256
385,795
Inventories
598,931
393,076
Cash at bank and in hand
69,351
379,924
Creditors: amounts falling due within one year
(184,547)
(228,194)
Net current assets
591,531
661,322
Total assets less current liabilities
1,001,837
1,047,167
Creditors: amounts falling due after more than one year
(42,167)
(88,167)
Provisions for liabilities
Deferred tax
(102,564)
(73,301)
Net assets
857,106
885,699
Called up share capital
100
100
Profit and loss account
857,006
885,599
Shareholders' funds
857,106
885,699
For the year ending 30 June 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 October 2024 and were signed on its behalf by
T D B Woods
Director
Company Registration No. 4114236
Tom Woods Instruments Limited
Notes to the Accounts
for the year ended 30 June 2024
Tom Woods Instruments Limited is a private company, limited by shares, registered in England and Wales, registration number 4114236. The registered office is 17 King Street, London, SW1Y 6QA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance method
Computer equipment
25% straight line method
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
10,980
54,864
198,188
260,106
524,138
Additions
-
112,241
-
-
112,241
Disposals
-
-
-
(11,414)
(11,414)
At 30 June 2024
10,980
167,105
198,188
248,692
624,965
At 1 July 2023
3,293
27,680
-
107,370
138,343
Charge for the year
1,098
20,914
-
59,011
81,023
On disposals
-
-
-
(4,657)
(4,657)
At 30 June 2024
4,391
48,594
-
161,724
214,709
At 30 June 2024
6,589
118,511
198,188
86,968
410,256
At 30 June 2023
7,687
27,184
198,188
152,736
385,795
Tom Woods Instruments Limited
Notes to the Accounts
for the year ended 30 June 2024
5
Investments
Other investments
Valuation at 1 July 2023
50
Valuation at 30 June 2024
50
Amounts falling due within one year
Trade debtors
55,090
9,690
Accrued income and prepayments
10,575
1,805
Other debtors
42,131
105,021
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
45,999
45,999
Trade creditors
91,031
112,178
Taxes and social security
10,023
31,050
Other creditors
16,679
1,279
Loans from directors
456
290
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).