Company registration number 13628324 (England and Wales)
31 WOODSIDE GROVE HOLDING COMPANY LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 24 JUNE 2024
31 WOODSIDE GROVE HOLDING COMPANY LIMITED
COMPANY INFORMATION
Directors
VW Hadman
N Harcus
Secretary
N Harcus
Company number
13628324
Registered office
Egale 1
80 St Albans Road
Watford
Hertfordshire
WD17 1DL
Accountants
Myers Clark
Egale 1
80 St Albans Road
Watford
Hertfordshire
WD17 1DL
31 WOODSIDE GROVE HOLDING COMPANY LIMITED
CONTENTS
Page
Directors' report
1
Accountants' report
2
Balance sheet
3
Notes to the financial statements
4 - 5
31 WOODSIDE GROVE HOLDING COMPANY LIMITED
DIRECTORS' REPORT
FOR THE PERIOD ENDED 24 JUNE 2024
- 1 -
The directors present their annual report and financial statements for the period ended 24 June 2024.
Directors
The directors who held office during the period and up to the date of signature of the financial statements were as follows:
VW Hadman
N Harcus
Small companies exemption
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
On behalf of the board
N Harcus
Director
16 January 2025
31 WOODSIDE GROVE HOLDING COMPANY LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF 31 WOODSIDE GROVE HOLDING COMPANY LIMITED FOR THE PERIOD ENDED 24 JUNE 2024
- 2 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 31 Woodside Grove Holding Company Limited for the period ended 24 June 2024 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of 31 Woodside Grove Holding Company Limited, as a body, in accordance with the terms of our engagement letter dated 26 June 2024. Our work has been undertaken solely to prepare for your approval the financial statements of 31 Woodside Grove Holding Company Limited and state those matters that we have agreed to state to the board of directors of 31 Woodside Grove Holding Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 31 Woodside Grove Holding Company Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that 31 Woodside Grove Holding Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of 31 Woodside Grove Holding Company Limited. You consider that 31 Woodside Grove Holding Company Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of 31 Woodside Grove Holding Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Myers Clark
17 January 2025
Chartered Accountants
Egale 1
80 St Albans Road
Watford
Hertfordshire
WD17 1DL
31 WOODSIDE GROVE HOLDING COMPANY LIMITED
BALANCE SHEET
- 3 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
116,768
Current assets
Debtors
4
22
16
Net current assets
22
16
Net assets
116,790
16
Capital and reserves
Called up share capital
5
22
16
Freehold contribution reserve
116,768
Total equity
116,790
16
For the financial period ended 24 June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 16 January 2025 and are signed on its behalf by:
N Harcus
Director
Company registration number 13628324 (England and Wales)
31 WOODSIDE GROVE HOLDING COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 24 JUNE 2024
- 4 -
1
Accounting policies
Company information
31 Woodside Grove Holding Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is Egale 1, 80 St Albans Road, Watford, Hertfordshire, WD17 1DL.
1.1
Reporting period
The company has chosen to shortened its reporting year end from 30 September to 24 June. The reason for the change is to align the dormant company accounts with the service charge year end for which they own the freehold interest and act as agent on behalf of the lessees
1.2
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.3
Profit and loss account
The company has not traded during the period or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.
1.4
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold land and buildings
Nil
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.5
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs.
31 WOODSIDE GROVE HOLDING COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 24 JUNE 2024
1
Accounting policies
(Continued)
- 5 -
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
1.6
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2024
2023
Number
Number
Total
3
Tangible fixed assets
Land and buildings
£
Cost
At 1 October 2023
Additions
116,768
At 24 June 2024
116,768
Depreciation and impairment
At 1 October 2023 and 24 June 2024
Carrying amount
At 24 June 2024
116,768
At 30 September 2023
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
22
16
5
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
22
16
22
16