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Company Registration No. 07466473 (England and Wales)
Exclusive Wood Group Ltd Unaudited accounts for the year ended 31 March 2024
Exclusive Wood Group Ltd Unaudited accounts Contents
Page
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Exclusive Wood Group Ltd Company Information for the year ended 31 March 2024
Director
Runele Donatas
Company Number
07466473 (England and Wales)
Registered Office
3 Maplestead Road London ESSEX RM9 4XL
Accountants
Konsus LTD 1st Floor 107 George lane South Woodford ESSEX E18 1AN
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Exclusive Wood Group Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,367 
9,060 
Current assets
Debtors
2,177 
- 
Cash at bank and in hand
44,461 
73,280 
46,638 
73,280 
Creditors: amounts falling due within one year
(3,509)
(18,479)
Net current assets
43,129 
54,801 
Net assets
49,496 
63,861 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
49,396 
63,761 
Shareholders' funds
49,496 
63,861 
For the year ending 31 March 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 19 November 2024 and were signed on its behalf by
Runele Donatas Director Company Registration No. 07466473
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Exclusive Wood Group Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Exclusive Wood Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 07466473. The registered office is 3 Maplestead Road, London, ESSEX, RM9 4XL.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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:
Motor vehicles
25
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Exclusive Wood Group Ltd Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
20,140 
- 
20,140 
Additions
- 
1,741 
1,741 
At 31 March 2024
20,140 
1,741 
21,881 
Depreciation
At 1 April 2023
11,080 
- 
11,080 
Charge for the year
3,999 
435 
4,434 
At 31 March 2024
15,079 
435 
15,514 
Net book value
At 31 March 2024
5,061 
1,306 
6,367 
At 31 March 2023
9,060 
- 
9,060 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
767 
- 
Trade debtors
1,410 
- 
2,177 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
10,415 
Trade creditors
32 
68 
Taxes and social security
2,508 
9,223 
Other creditors
800 
- 
Loans from directors
169 
(1,227)
3,509 
18,479 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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