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Company Registration No. 04583082 (England and Wales)
WOODMANS CONSTRUCTION (BRIGHTON) LIMITED
Financial Statements
for the Period from 01 April 2023 to 31 March 2024

WOODMANS CONSTRUCTION (BRIGHTON) LIMITED

Financial Statements for the period ending 31 March 2024

WOODMANS CONSTRUCTION (BRIGHTON) LIMITED

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

1. Statutory Information
WOODMANS CONSTRUCTION (BRIGHTON) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04583082.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover, which is stated net of value added tax, represents the value of services provided to third parties except in respect of long term contract work in progress where turnover represents the value of work undertaken in the period.

WOODMANS CONSTRUCTION (BRIGHTON) LIMITED

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

Tangible Fixed Asset Policy
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful lifeShort leasehold - over the terms of the leasePlant and machinery - 25% on reducing balanceMotor vehicles - 25% on reducing balanceOffice equipment - 25% on reducing balance

WOODMANS CONSTRUCTION (BRIGHTON) LIMITED

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

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

WOODMANS CONSTRUCTION (BRIGHTON) LIMITED

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 38
2023 36
4. Principal Activity
The principal activity of the company is that of residential construction projects.

WOODMANS CONSTRUCTION (BRIGHTON) LIMITED

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

5. Fixed Assets
Land and buildings Plant and Machinery Motor Vehicles Fixtures and Fittings Computer Equipment Total
Cost or valuation £ £ £ £ £ £
At 01/04/2023 469,832 779,981 104,833 18,792 45,200 1,418,638
Additions - 69,690 - 1,721 36,480 107,891
At 31/03/2024 469,832 849,671 104,833 20,513 81,680 1,526,529
Depreciation
At 01/04/2023 336,438 292,311 10,278 16,202 37,170 692,399
Charge for the year 2,912 51,399 14,183 648 11,128 80,270
At 31/03/2024 339,350 343,710 24,461 16,850 48,298 772,669
Net Book Value
At 31/03/2024 130,482 505,961 80,372 3,663 33,382 753,860
At 31/03/2023 133,394 487,670 94,555 2,590 8,030 726,239

WOODMANS CONSTRUCTION (BRIGHTON) LIMITED

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

6. Investments
Investments in Subsidiaries Other Investments - Listed Other Investments -Unlisted Total
£ £ £ £
Valuation at 01/04/2023 - - 100 100
Additions - - - -
Disposals - - (100) (100)
Adjustments - - - -
Valuation at 31/03/2024 - - - -

WOODMANS CONSTRUCTION (BRIGHTON) LIMITED

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

7. Debtors
2024 2023
£ £
Trade debtors 472,925 222,948
Other debtors 649,254 840,743
Prepayment and accrued income 664,644 560,112
1,786,823 1,623,803
8. Creditors: amount falling due within one year
2024 2023
£ £
Bank Loans and other overdrafts 186,911 236,038
Trade Creditors 1,121,787 745,224
Other tax and social security 25,137 429,143
Other Creditors 112,123 356,622
Accruals and deferred income 486,673 6,116
1,862,631 1,595,016

WOODMANS CONSTRUCTION (BRIGHTON) LIMITED

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

9. Creditors: amount falling due after one year
2024 2023
£ £
Bank Loans and overdrafts 138,380 251,719
Finance Leases 196,221 233,057
Other creditors falling due after more than one year 358,200 208,200
692,801 692,976
Provision for liabilities 29,073 94,675
Accruals and deferred income 90,841 -