2023-02-162024-02-282024-02-28false14668130WOOLSHAW DEVELOPMENTS (SUSSEX) LTD2024-11-14iso4217:GBPxbrli:pure146681302023-02-16146681302024-02-28146681302023-02-162024-02-28146681302023-02-15146681302023-02-15146681302023-02-152023-02-1514668130bus:SmallEntities2023-02-162024-02-2814668130bus:AuditExempt-NoAccountantsReport2023-02-162024-02-2814668130bus:FullAccounts2023-02-162024-02-2814668130bus:PrivateLimitedCompanyLtd2023-02-162024-02-2814668130core:WithinOneYear2024-02-2814668130core:AfterOneYear2024-02-2814668130core:WithinOneYear2023-02-1514668130core:AfterOneYear2023-02-1514668130core:ShareCapital2024-02-2814668130core:SharePremium2024-02-2814668130core:RevaluationReserve2024-02-2814668130core:OtherReservesSubtotal2024-02-2814668130core:RetainedEarningsAccumulatedLosses2024-02-2814668130core:ShareCapital2023-02-1514668130core:SharePremium2023-02-1514668130core:RevaluationReserve2023-02-1514668130core:OtherReservesSubtotal2023-02-1514668130core:RetainedEarningsAccumulatedLosses2023-02-1514668130core:LandBuildings2024-02-2814668130core:PlantMachinery2024-02-2814668130core:Vehicles2024-02-2814668130core:FurnitureFittings2024-02-2814668130core:OfficeEquipment2024-02-2814668130core:NetGoodwill2024-02-2814668130core:IntangibleAssetsOtherThanGoodwill2024-02-2814668130core:ListedExchangeTraded2024-02-2814668130core:UnlistedNon-exchangeTraded2024-02-2814668130core:LandBuildings2023-02-1514668130core:PlantMachinery2023-02-1514668130core:Vehicles2023-02-1514668130core:FurnitureFittings2023-02-1514668130core:OfficeEquipment2023-02-1514668130core:NetGoodwill2023-02-1514668130core:IntangibleAssetsOtherThanGoodwill2023-02-1514668130core:ListedExchangeTraded2023-02-1514668130core:UnlistedNon-exchangeTraded2023-02-1514668130core:LandBuildings2023-02-162024-02-2814668130core:PlantMachinery2023-02-162024-02-2814668130core:Vehicles2023-02-162024-02-2814668130core:FurnitureFittings2023-02-162024-02-2814668130core:OfficeEquipment2023-02-162024-02-2814668130core:NetGoodwill2023-02-162024-02-2814668130core:IntangibleAssetsOtherThanGoodwill2023-02-162024-02-2814668130core:ListedExchangeTraded2023-02-162024-02-2814668130core:UnlistedNon-exchangeTraded2023-02-162024-02-2814668130core:MoreThanFiveYears2023-02-162024-02-2814668130core:Non-currentFinancialInstruments2024-02-2814668130core:Non-currentFinancialInstruments2023-02-1514668130dpl:CostSales2023-02-162024-02-2814668130dpl:DistributionCosts2023-02-162024-02-2814668130core:LandBuildings2023-02-162024-02-2814668130core:PlantMachinery2023-02-162024-02-2814668130core:Vehicles2023-02-162024-02-2814668130core:FurnitureFittings2023-02-162024-02-2814668130core:OfficeEquipment2023-02-162024-02-2814668130dpl:AdministrativeExpenses2023-02-162024-02-2814668130core:NetGoodwill2023-02-162024-02-2814668130core:IntangibleAssetsOtherThanGoodwill2023-02-162024-02-2814668130dpl:GroupUndertakings2023-02-162024-02-2814668130dpl:ParticipatingInterests2023-02-162024-02-2814668130dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-162024-02-2814668130core:ListedExchangeTraded2023-02-162024-02-2814668130dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-162024-02-2814668130core:UnlistedNon-exchangeTraded2023-02-162024-02-2814668130dpl:CostSales2023-02-152023-02-1514668130dpl:DistributionCosts2023-02-152023-02-1514668130core:LandBuildings2023-02-152023-02-1514668130core:PlantMachinery2023-02-152023-02-1514668130core:Vehicles2023-02-152023-02-1514668130core:FurnitureFittings2023-02-152023-02-1514668130core:OfficeEquipment2023-02-152023-02-1514668130dpl:AdministrativeExpenses2023-02-152023-02-1514668130core:NetGoodwill2023-02-152023-02-1514668130core:IntangibleAssetsOtherThanGoodwill2023-02-152023-02-1514668130dpl:GroupUndertakings2023-02-152023-02-1514668130dpl:ParticipatingInterests2023-02-152023-02-1514668130dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-152023-02-1514668130core:ListedExchangeTraded2023-02-152023-02-1514668130dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-152023-02-1514668130core:UnlistedNon-exchangeTraded2023-02-152023-02-1514668130core:NetGoodwill2024-02-2814668130core:IntangibleAssetsOtherThanGoodwill2024-02-2814668130core:LandBuildings2024-02-2814668130core:PlantMachinery2024-02-2814668130core:Vehicles2024-02-2814668130core:FurnitureFittings2024-02-2814668130core:OfficeEquipment2024-02-2814668130core:AfterOneYear2024-02-2814668130core:WithinOneYear2024-02-2814668130core:ListedExchangeTraded2024-02-2814668130core:UnlistedNon-exchangeTraded2024-02-2814668130core:ShareCapital2024-02-2814668130core:SharePremium2024-02-2814668130core:RevaluationReserve2024-02-2814668130core:OtherReservesSubtotal2024-02-2814668130core:RetainedEarningsAccumulatedLosses2024-02-2814668130core:NetGoodwill2023-02-1514668130core:IntangibleAssetsOtherThanGoodwill2023-02-1514668130core:LandBuildings2023-02-1514668130core:PlantMachinery2023-02-1514668130core:Vehicles2023-02-1514668130core:FurnitureFittings2023-02-1514668130core:OfficeEquipment2023-02-1514668130core:AfterOneYear2023-02-1514668130core:WithinOneYear2023-02-1514668130core:ListedExchange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WOOLSHAW DEVELOPMENTS (SUSSEX) LTD

Registered Number
14668130
(England and Wales)

Unaudited Financial Statements for the Period ended
28 February 2024

WOOLSHAW DEVELOPMENTS (SUSSEX) LTD
Company Information
for the period from 16 February 2023 to 28 February 2024

Directors

SHAW, David
WOOLTORTON, Abigail

Registered Address

12a Marlborough Place
Brighton
BN1 1WN

Registered Number

14668130 (England and Wales)
WOOLSHAW DEVELOPMENTS (SUSSEX) LTD
Balance Sheet as at
28 February 2024

Notes

2024

£

£

Current assets
Stocks3367,318
Debtors316
Cash at bank and on hand4,768
372,402
Creditors amounts falling due within one year4(352,583)
Net current assets (liabilities)19,819
Total assets less current liabilities19,819
Creditors amounts falling due after one year5(211,110)
Net assets(191,291)
Capital and reserves
Called up share capital100
Profit and loss account(191,391)
Shareholders' funds(191,291)
The financial statements were approved and authorised for issue by the Board of Directors on 14 November 2024, and are signed on its behalf by:
SHAW, David
Director
Registered Company No. 14668130
WOOLSHAW DEVELOPMENTS (SUSSEX) LTD
Notes to the Financial Statements
for the period ended 28 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

2024
Average number of employees during the year0
3.Stocks

2024

£
Finished goods367,318
Total367,318
4.Creditors: amounts due within one year

2024

£
Taxation and social security4,127
Other creditors347,556
Accrued liabilities and deferred income900
Total352,583
5.Creditors: amounts due after one year

2024

£
Bank borrowings and overdrafts211,110
Total211,110