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REGISTERED NUMBER: 12289049 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Woodupp Limited

Woodupp Limited (Registered number: 12289049)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Woodupp Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: G M Wright
T J Neukirchner
P P Neukirchner





REGISTERED OFFICE: Grangewood House
Oakwood Hill
Loughton
Essex
IG10 3TZ





REGISTERED NUMBER: 12289049 (England and Wales)





ACCOUNTANTS: Johal & Company
Chartered Certified Accountants
& Registered Auditors
Spectrum House
2B Suttons Lane
Hornchurch
Essex
RM12 6RJ

Woodupp Limited (Registered number: 12289049)

Statement of Financial Position
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,995 33,327

CURRENT ASSETS
Stocks 305,882 263,024
Debtors 5 145,328 136,002
Cash at bank and in hand 1,397,685 1,129,197
1,848,895 1,528,223
CREDITORS
Amounts falling due within one year 6 310,728 446,131
NET CURRENT ASSETS 1,538,167 1,082,092
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,563,162

1,115,419

CREDITORS
Amounts falling due after more than one
year

7

12,735

19,707
NET ASSETS 1,550,427 1,095,712

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,550,327 1,095,612
1,550,427 1,095,712

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

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

Woodupp Limited (Registered number: 12289049)

Statement of Financial Position - continued
31 October 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 November 2024 and were signed on its behalf by:




G M Wright - Director T J Neukirchner - Director




P P Neukirchner - Director


Woodupp Limited (Registered number: 12289049)

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

1. STATUTORY INFORMATION

Woodupp 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
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 or, if held under a finance lease, over the lease term, whichever is the shorter.

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 year 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Woodupp Limited (Registered number: 12289049)

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

2. ACCOUNTING POLICIES - continued

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 9 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 November 2023
and 31 October 2024 12,756 4,914 41,500 59,170
DEPRECIATION
At 1 November 2023 5,158 2,529 18,156 25,843
Charge for year 1,900 596 5,836 8,332
At 31 October 2024 7,058 3,125 23,992 34,175
NET BOOK VALUE
At 31 October 2024 5,698 1,789 17,508 24,995
At 31 October 2023 7,598 2,385 23,344 33,327

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 November 2023
and 31 October 2024 41,500
DEPRECIATION
At 1 November 2023
and 31 October 2024 10,375
NET BOOK VALUE
At 31 October 2024 31,125
At 31 October 2023 31,125

5. DEBTORS
31.10.24 31.10.23
£    £   
Amounts falling due within one year:
Trade debtors 143,702 136,002

Woodupp Limited (Registered number: 12289049)

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

5. DEBTORS - continued
31.10.24 31.10.23
£    £   
Amounts falling due after more than one year:
Other debtors 1,626 -

Aggregate amounts 145,328 136,002

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Hire purchase contracts 9,013 9,013
Trade creditors 334 57,162
Taxation and social security 296,381 373,456
Other creditors 5,000 6,500
310,728 446,131

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Hire purchase contracts 12,735 19,699
Other creditors - 8
12,735 19,707