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REGISTERED NUMBER: 09958000 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JANUARY 2024

FOR

WOODMANCOTE PROPERTIES LTD

WOODMANCOTE PROPERTIES LTD (REGISTERED NUMBER: 09958000)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WOODMANCOTE PROPERTIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JANUARY 2024







DIRECTORS: Ms J C J Bunday
I R Bunday





REGISTERED OFFICE: The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ





REGISTERED NUMBER: 09958000 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

WOODMANCOTE PROPERTIES LTD (REGISTERED NUMBER: 09958000)

BALANCE SHEET
30 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 3 120,000 120,000

CURRENT ASSETS
Debtors 4 65,761 70,067

CREDITORS
Amounts falling due within one year 5 89,544 86,003
NET CURRENT LIABILITIES (23,783 ) (15,936 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

96,217

104,064

CREDITORS
Amounts falling due after more than one
year

6

110,151

109,642
NET LIABILITIES (13,934 ) (5,578 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (13,936 ) (5,580 )
(13,934 ) (5,578 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 January 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.

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 30 January 2025 and were signed on its behalf by:





I R Bunday - Director


WOODMANCOTE PROPERTIES LTD (REGISTERED NUMBER: 09958000)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JANUARY 2024

1. 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 as modified by the revaluation of certain assets.

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 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 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.

Turnover
Turnover represents the following types of income
- Rental income
- Income from the sale of properties

All income is recognised on a receivable basis.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

3. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 31 January 2023
and 30 January 2024 120,000
NET BOOK VALUE
At 30 January 2024 120,000
At 30 January 2023 120,000

Cost or valuation at 30 January 2024 is represented by:

Other
investments
£   
Valuation in 2023 (40,501 )
Cost 160,501
120,000

WOODMANCOTE PROPERTIES LTD (REGISTERED NUMBER: 09958000)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JANUARY 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by associates 65,761 70,067

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,380 -
Amounts owed to associates 85,541 83,570
Tax 1,130 1,053
Accrued expenses 1,493 1,380
89,544 86,003

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans more 5 yr by instal 110,151 109,642

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 110,151 109,642

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is I Bunday and Mrs J Bunday.

This was by virtue of their 100% holding of the issued share capital.

8. ACCOUNTING BASIS

As stated in the accounting policy note, these financial statements have been prepared on the basis that the company will continue to be a going concern. During the year the company made a loss of £8,356 , and as at the year end the current liabilities exceeded current assets by £23,783.

The validity of this basis depends upon the continued support of the company's directors. The directors confirm that they will give the required support.