REGISTERED NUMBER: |
Woodman & Greenwood Capital Ltd |
Unaudited Financial Statements |
for the period |
13th February 2023 to 29th June 2024 |
REGISTERED NUMBER: |
Woodman & Greenwood Capital Ltd |
Unaudited Financial Statements |
for the period |
13th February 2023 to 29th June 2024 |
Woodman & Greenwood Capital Ltd (Registered number: 14657623) |
Contents of the Financial Statements |
for the period 13th February 2023 to 29th June 2024 |
Page |
Company information | 1 |
Balance sheet | 2 |
Notes to the financial statements | 3 | to | 4 |
Woodman & Greenwood Capital Ltd |
Company Information |
for the period 13th February 2023 to 29th June 2024 |
Directors: |
Registered office: |
Business address: |
Registered number: |
Accountants: |
Academy House |
Shedden Park Road |
Kelso |
Roxburghshire |
TD5 7AL |
Woodman & Greenwood Capital Ltd (Registered number: 14657623) |
Balance Sheet |
29th June 2024 |
Notes | £ |
Current assets |
Debtors | 4 |
Investments | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current assets |
Total assets less current liabilities |
Creditors |
Amounts falling due after more than one year |
7 |
Net liabilities | ( |
) |
Capital and reserves |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
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 were approved by the Board of Directors and authorised for issue on |
Woodman & Greenwood Capital Ltd (Registered number: 14657623) |
Notes to the Financial Statements |
for the period 13th February 2023 to 29th June 2024 |
1. | Statutory information |
Woodman & Greenwood Capital Ltd is a |
2. | Accounting policies |
Basis of preparing the financial statements |
Financial instruments |
The following assets and liabilities are classified as financial instruments - trade debtors and other loans. |
Trade debtors and other loans are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. |
Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis. |
The company has a deficit on the balance sheet and relies on the support of its lenders and group companies, which has been confirmed for a period of at least twelve months from the approval of the financial statements. Accordingly the financial statements have been prepared on the going concern basis. |
Woodman & Greenwood Capital Ltd (Registered number: 14657623) |
Notes to the Financial Statements - continued |
for the period 13th February 2023 to 29th June 2024 |
3. | Employees and directors |
The average number of employees during the period was NIL. |
4. | Debtors: amounts falling due within one year |
£ |
Trade debtors |
Amounts owed by group undertakings |
5. | Current asset investments |
£ |
Unlisted investments | 300 |
6. | Creditors: amounts falling due within one year |
£ |
Amounts owed to group undertakings |
Other creditors |
7. | Creditors: amounts falling due after more than one year |
£ |
Other creditors |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Other loans more 5yrs non-inst |
8. | Secured debts |
The following secured debts are included within creditors: |
£ |
Other loans |
Included in other creditors above are loans to the company, some of which are personally guaranteed by the director Mr C A A Rowan. |