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REGISTERED NUMBER: 09633727 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Woodcock Kindling Supplies Limited

Woodcock Kindling Supplies Limited (Registered number: 09633727)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 8


Woodcock Kindling Supplies Limited

Company Information
for the Year Ended 30 June 2024







Director: T J Woodcock





Registered office: Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB





Business address: The Chestnuts
Green Lane
Algakirk
Boston
Lincolnshire
PE20 2AD





Registered number: 09633727 (England and Wales)





Accountants: Moore Thompson
27 Market Place
Market Deeping
Peterborough
Cambridgeshire
PE6 8EA

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Woodcock Kindling Supplies Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Woodcock Kindling Supplies Limited for the year ended 30 June 2024 which comprise the Income statement, Statement of financial position, Statement of changes in equity 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Woodcock Kindling Supplies Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Woodcock Kindling Supplies Limited and state those matters that we have agreed to state to the director of Woodcock Kindling Supplies Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Woodcock Kindling Supplies Limited and its director for our work or for this report.

It is your duty to ensure that Woodcock Kindling Supplies 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 profit of Woodcock Kindling Supplies Limited. You consider that Woodcock Kindling Supplies Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Woodcock Kindling Supplies 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.






Moore Thompson
27 Market Place
Market Deeping
Peterborough
Cambridgeshire
PE6 8EA


15 March 2025

Woodcock Kindling Supplies Limited (Registered number: 09633727)

Statement of Financial Position
30 June 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 5 913,122 900,501

Current assets
Stocks 6 132,500 148,512
Debtors 7 136,452 96,971
Cash at bank 92,012 1,001
360,964 246,484
Creditors
Amounts falling due within one year 8 250,827 322,841
Net current assets/(liabilities) 110,137 (76,357 )
Total assets less current liabilities 1,023,259 824,144

Creditors
Amounts falling due after more than one
year

9

(574,658

)

(465,023

)

Provisions for liabilities (68,795 ) (49,886 )
Net assets 379,806 309,235

Capital and reserves
Called up share capital 11 100 100
Retained earnings 379,706 309,135
Shareholders' funds 379,806 309,235

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Woodcock Kindling Supplies Limited (Registered number: 09633727)

Statement of Financial Position - continued
30 June 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 director and authorised for issue on 15 March 2025 and were signed by:





T J Woodcock - Director


Woodcock Kindling Supplies Limited (Registered number: 09633727)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. Statutory information

Woodcock Kindling Supplies 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Turnover comprises the fair value of the consideration received or receivable fo 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.

Tangible fixed assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives as follows:


Motor vehicles25 % reducing balance
Plant & machinery25% reducing balance/ 20 years on cost
Computer equipment25% reducing balance
Furniture & fittings25% reducing balance
Freehold propertyNot depreciated

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


Woodcock Kindling Supplies Limited (Registered number: 09633727)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


3. Accounting policies - continued
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.

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.

4. Employees and directors

The average number of employees during the year was 12 (2023 - 12 ) .

5. Tangible fixed assets
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
Cost
At 1 July 2023 637,943 374,417 753
Additions - 67,550 -
At 30 June 2024 637,943 441,967 753
Depreciation
At 1 July 2023 - 116,175 652
Charge for year - 54,210 26
At 30 June 2024 - 170,385 678
Net book value
At 30 June 2024 637,943 271,582 75
At 30 June 2023 637,943 258,242 101

Woodcock Kindling Supplies Limited (Registered number: 09633727)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


5. Tangible fixed assets - continued

Motor Office
vehicles equipment Totals
£    £    £   
Cost
At 1 July 2023 7,250 6,860 1,027,223
Additions - 393 67,943
At 30 June 2024 7,250 7,253 1,095,166
Depreciation
At 1 July 2023 5,960 3,935 126,722
Charge for year 322 764 55,322
At 30 June 2024 6,282 4,699 182,044
Net book value
At 30 June 2024 968 2,554 913,122
At 30 June 2023 1,290 2,925 900,501

6. Stocks
2024 2023
£    £   
Stocks 132,500 148,512

7. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 102,674 88,440
Other debtors 33,778 8,531
136,452 96,971

8. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 10,000 31,292
Hire purchase contracts (see note 10) 14,196 14,196
Trade creditors 126,848 105,447
Taxation and social security 27,669 6,181
Other creditors 72,114 165,725
250,827 322,841

Woodcock Kindling Supplies Limited (Registered number: 09633727)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


9. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 9,167 19,699
Hire purchase contracts (see note 10) 4,304 16,637
Other creditors 561,187 428,687
574,658 465,023

Other creditors include an outstanding loan of £578,687 from Churn Investments Limited with an interest rate of 8.00% per annum.

10. Leasing agreements

Minimum lease payments under hire purchase fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 14,196 14,196
Between one and five years 4,304 16,637
18,500 30,833

The amount of non-cancellable operating lease payments recognised as an expense during the year was £14,751 (2023- £3,632).

11. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary share 1 100 100

12. Related party disclosures

At the balance sheet date, the company owed £8,748 (2023: £77,261) to Mr T J Woodcock, the director of the company.