26 42 Woodpecker Joinery (UK) Limited 05830650 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is greenhouse manufacturers. Digita Accounts Production Advanced 6.30.9574.0 true 05830650 2023-06-01 2024-05-31 05830650 2024-05-31 05830650 core:CurrentFinancialInstruments 2024-05-31 05830650 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 05830650 bus:SmallEntities 2023-06-01 2024-05-31 05830650 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 05830650 bus:FilletedAccounts 2023-06-01 2024-05-31 05830650 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 05830650 bus:RegisteredOffice 2023-06-01 2024-05-31 05830650 bus:CompanySecretary1 2023-06-01 2024-05-31 05830650 bus:Director3 2023-06-01 2024-05-31 05830650 bus:Director4 2023-06-01 2024-05-31 05830650 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 05830650 bus:Agent1 2023-06-01 2024-05-31 05830650 countries:England 2023-06-01 2024-05-31 05830650 2022-06-01 2023-05-31 05830650 2023-05-31 05830650 core:CurrentFinancialInstruments 2023-05-31 05830650 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 xbrli:pure iso4217:GBP

Registration number: 05830650

Woodpecker Joinery (UK) Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 May 2024

 

Woodpecker Joinery (UK) Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 4

 

Woodpecker Joinery (UK) Limited

Company Information

Directors

Mr C Waltho

Mr A F Smallwood

Company secretary

Miss L A Beech

Registered office

Olympic House
Bramshall Ind Est
Bramshall
Uttoxeter
ST14 8TD

Accountants

McIntosh Accountants Limited
Chartered Accountants263A Werrington Road
Bucknall
Stoke-on-Trent
ST2 9AS

 

Woodpecker Joinery (UK) Limited

(Registration number: 05830650)
Abridged Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

244,697

204,681

Current assets

 

Stocks

420,000

420,000

Debtors

4

158,892

101,215

Cash at bank and in hand

 

3,779,511

2,772,948

 

4,358,403

3,294,163

Creditors: Amounts falling due within one year

(1,037,673)

(914,794)

Net current assets

 

3,320,730

2,379,369

Total assets less current liabilities

 

3,565,427

2,584,050

Provisions for liabilities

(40,519)

(37,679)

Accruals and deferred income

 

(10,134)

(7,333)

Net assets

 

3,514,774

2,539,038

Capital and reserves

 

Called up share capital

2

2

Retained earnings

3,514,772

2,539,036

Shareholders' funds

 

3,514,774

2,539,038

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 February 2025 and signed on its behalf by:
 

.........................................
Mr C Waltho
Director

 

Woodpecker Joinery (UK) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Olympic House
Bramshall Ind Est
Bramshall
Uttoxeter
ST14 8TD

These financial statements were authorised for issue by the Board on 22 February 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Woodpecker Joinery (UK) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 26 (2023 - 42).

4

Debtors

Debtors includes £Nil (2023 - £Nil) due after more than one year.