Company Registration No. 07726228 (England and Wales)
Wood Memorial Benches Limited
Unaudited accounts
for the year ended 31 August 2024
Wood Memorial Benches Limited
Unaudited accounts
Contents
Wood Memorial Benches Limited
Company Information
for the year ended 31 August 2024
Company Number
07726228 (England and Wales)
Registered Office
5 Commercial Street
Ystradgynlais
Swansea
Powys
SA9 1HD
United Kingdom
Accountants
RGS Accountants Limited
5 Commercial Street
Ystradgynlais
Swansea
SA9 1HD
Wood Memorial Benches Limited
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
2,455
10,697
Creditors: amounts falling due within one year
(23,054)
(33,695)
Net current liabilities
(15,178)
(13,851)
Total assets less current liabilities
(14,816)
(13,369)
Creditors: amounts falling due after more than one year
(379)
(886)
Net liabilities
(15,195)
(14,255)
Called up share capital
1
1
Profit and loss account
(15,196)
(14,256)
Shareholders' funds
(15,195)
(14,255)
For the year ending 31 August 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 her 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 December 2024 and were signed on its behalf by
Jane Hardie Wood
Director
Company Registration No. 07726228
Wood Memorial Benches Limited
Notes to the Accounts
for the year ended 31 August 2024
Wood Memorial Benches Limited is a private company, limited by shares, registered in England and Wales, registration number 07726228. The registered office is 5 Commercial Street, Ystradgynlais, Swansea, Powys, SA9 1HD, United Kingdom.
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
Reducing balance - 25%
Fixtures & fittings
Reducing balance - 25%
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2023
2,152
379
2,531
At 31 August 2024
2,152
379
2,531
At 1 September 2023
1,883
166
2,049
Charge for the year
67
53
120
At 31 August 2024
1,950
219
2,169
At 31 August 2024
202
160
362
At 31 August 2023
269
213
482
Wood Memorial Benches Limited
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
532
528
Taxes and social security
-
181
Loans from directors
22,279
32,253
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).