IRIS Accounts Production v24.1.9.2 09663469 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh096634692023-03-31096634692024-03-31096634692023-04-012024-03-31096634692022-03-31096634692022-04-012023-03-31096634692023-03-3109663469ns14:PoundSterling2023-04-012024-03-3109663469ns10:Director12023-04-012024-03-3109663469ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3109663469ns10:SmallEntities2023-04-012024-03-3109663469ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3109663469ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3109663469ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109663469ns10:FullAccounts2023-04-012024-03-3109663469ns10:Director22023-04-012024-03-3109663469ns10:RegisteredOffice2023-04-012024-03-3109663469ns5:CurrentFinancialInstruments2024-03-3109663469ns5:CurrentFinancialInstruments2023-03-3109663469ns5:Non-currentFinancialInstruments2024-03-3109663469ns5:Non-currentFinancialInstruments2023-03-3109663469ns5:ShareCapital2024-03-3109663469ns5:ShareCapital2023-03-3109663469ns5:RetainedEarningsAccumulatedLosses2024-03-3109663469ns5:RetainedEarningsAccumulatedLosses2023-03-3109663469ns5:PlantMachinery2023-03-3109663469ns5:PlantMachinery2023-04-012024-03-3109663469ns5:PlantMachinery2024-03-3109663469ns5:PlantMachinery2023-03-3109663469ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3109663469ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 09663469















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Woods & Sons Developments Ltd

Woods & Sons Developments Ltd (Registered number: 09663469)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Woods & Sons Developments Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M.A. Woods
Mrs A Woods





REGISTERED OFFICE: Clifton Court
19 Clifton Street
Sheffield
S9 2DQ





REGISTERED NUMBER: 09663469






Woods & Sons Developments Ltd (Registered number: 09663469)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 56,979 62,713

CURRENT ASSETS
Stocks 2,978,731 2,671,555
Debtors 5 36,890 36,561
Cash at bank 453,192 13,604
3,468,813 2,721,720
CREDITORS
Amounts falling due within one year 6 1,874,061 1,219,017
NET CURRENT ASSETS 1,594,752 1,502,703
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,651,731

1,565,416

CREDITORS
Amounts falling due after more than one year 7 31,734 19,822
NET ASSETS 1,619,997 1,545,594

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 1,619,993 1,545,590
SHAREHOLDERS' FUNDS 1,619,997 1,545,594

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

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

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 13 December 2024 and were signed on its behalf by:



M.A. Woods - Director


Woods & Sons Developments Ltd (Registered number: 09663469)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Woods & Sons Developments Ltd is a private company, limited by shares , registered in Not specified/Other. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 11 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 111,851
Additions 64,125
Disposals (68,145 )
At 31 March 2024 107,831
DEPRECIATION
At 1 April 2023 49,138
Charge for year 18,750
Eliminated on disposal (17,036 )
At 31 March 2024 50,852
NET BOOK VALUE
At 31 March 2024 56,979
At 31 March 2023 62,713

Woods & Sons Developments Ltd (Registered number: 09663469)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 36,890 36,561

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 19,829 10,656
Hire purchase contracts 26,892 -
Trade creditors 142,371 131,934
Amounts owed to associates 603,716 305,037
Taxation and social security 46,083 51,649
Other creditors 1,035,170 719,741
1,874,061 1,219,017

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans - 19,822
Hire purchase contracts 31,734 -
31,734 19,822