IRIS Accounts Production v24.3.2.46 14936382 Board of Directors Board of Directors 14.6.23 31.8.24 31.8.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh149363822023-06-13149363822024-08-31149363822023-06-142024-08-31149363822023-06-1314936382ns15:EnglandWales2023-06-142024-08-3114936382ns14:PoundSterling2023-06-142024-08-3114936382ns10:Director12023-06-142024-08-3114936382ns10:Director22023-06-142024-08-3114936382ns10:PrivateLimitedCompanyLtd2023-06-142024-08-3114936382ns10:SmallEntities2023-06-142024-08-3114936382ns10:AuditExempt-NoAccountantsReport2023-06-142024-08-3114936382ns10:SmallCompaniesRegimeForAccounts2023-06-142024-08-3114936382ns10:FullAccounts2023-06-142024-08-311493638212023-06-142024-08-3114936382ns10:RegisteredOffice2023-06-142024-08-3114936382ns5:CurrentFinancialInstruments2024-08-3114936382ns5:Non-currentFinancialInstruments2024-08-3114936382ns5:ShareCapital2024-08-3114936382ns5:RetainedEarningsAccumulatedLosses2024-08-3114936382ns5:NetGoodwill2023-06-142024-08-3114936382ns5:IntangibleAssetsOtherThanGoodwill2023-06-142024-08-3114936382ns5:MotorVehicles2023-06-142024-08-3114936382ns5:ComputerEquipment2023-06-142024-08-3114936382ns5:NetGoodwill2024-08-3114936382ns5:PlantMachinery2023-06-142024-08-3114936382ns5:PlantMachinery2024-08-3114936382ns5:MotorVehicles2024-08-3114936382ns5:ComputerEquipment2024-08-3114936382ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-31
REGISTERED NUMBER: 14936382 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 14 JUNE 2023 TO 31 AUGUST 2024

FOR

WOODLANDS BODYSHOP LIMITED

WOODLANDS BODYSHOP LIMITED (REGISTERED NUMBER: 14936382)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 14 JUNE 2023 TO 31 AUGUST 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WOODLANDS BODYSHOP LIMITED

COMPANY INFORMATION
FOR THE PERIOD 14 JUNE 2023 TO 31 AUGUST 2024







DIRECTORS: Mr R Denham
Mr J Watts





REGISTERED OFFICE: Clifton House
Bunnian Place
Basingstoke
Hampshire
RG21 7JE





REGISTERED NUMBER: 14936382 (England and Wales)






WOODLANDS BODYSHOP LIMITED (REGISTERED NUMBER: 14936382)

BALANCE SHEET
31 AUGUST 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 45,000
Tangible assets 5 4,098
49,098

CURRENT ASSETS
Stocks 20,000
Debtors 6 66,586
Cash at bank 45,330
131,916
CREDITORS
Amounts falling due within one year 7 154,983
NET CURRENT LIABILITIES (23,067 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,031

CREDITORS
Amounts falling due after more than one
year

8

25,000
NET ASSETS 1,031

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 931
SHAREHOLDERS' FUNDS 1,031

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

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

WOODLANDS BODYSHOP LIMITED (REGISTERED NUMBER: 14936382)

BALANCE SHEET - continued
31 AUGUST 2024


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 20 December 2024 and were signed on its behalf by:




Mr R Denham - Director



Mr J Watts - Director


WOODLANDS BODYSHOP LIMITED (REGISTERED NUMBER: 14936382)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 14 JUNE 2023 TO 31 AUGUST 2024


1. STATUTORY INFORMATION

Woodlands Bodyshop Limited is a private company, limited by shares , registered in England and Wales. 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
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% straight line

All fixed assets are initially recorded at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

WOODLANDS BODYSHOP LIMITED (REGISTERED NUMBER: 14936382)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 14 JUNE 2023 TO 31 AUGUST 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 15 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 50,000
At 31 August 2024 50,000
AMORTISATION
Amortisation for period 5,000
At 31 August 2024 5,000
NET BOOK VALUE
At 31 August 2024 45,000

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
Additions 962 2,600 1,580 5,142
At 31 August 2024 962 2,600 1,580 5,142
DEPRECIATION
Charge for period 20 488 536 1,044
At 31 August 2024 20 488 536 1,044
NET BOOK VALUE
At 31 August 2024 942 2,112 1,044 4,098

WOODLANDS BODYSHOP LIMITED (REGISTERED NUMBER: 14936382)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 14 JUNE 2023 TO 31 AUGUST 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 55,277
Other debtors 11,309
66,586

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 30,612
Taxation and social security 37,688
Other creditors 86,683
154,983

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Other creditors 25,000