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REGISTERED NUMBER: 07791962 (England and Wales)











Unaudited Financial Statements for the Year Ended 30 September 2024

for

Allwoods (Hassocks) Limited

Allwoods (Hassocks) Limited (Registered number: 07791962)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Allwoods (Hassocks) Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: Mr D James





REGISTERED OFFICE: Summerfield Nursery
London Road
Hassocks
West Sussex
BN6 9NA





REGISTERED NUMBER: 07791962 (England and Wales)

Allwoods (Hassocks) Limited (Registered number: 07791962)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 11,421 15,229
11,421 15,229

CURRENT ASSETS
Stocks 18,000 18,000
Debtors 6 166,277 113,678
Cash at bank and in hand 13,234 12,417
197,511 144,095
CREDITORS
Amounts falling due within one year 7 76,436 72,027
NET CURRENT ASSETS 121,075 72,068
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,496

87,297

CREDITORS
Amounts falling due after more than one year 8 (30,060 ) (30,060 )

PROVISIONS FOR LIABILITIES (2,170 ) (2,893 )
NET ASSETS 100,266 54,344

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 100,166 54,244
SHAREHOLDERS' FUNDS 100,266 54,344

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

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

Allwoods (Hassocks) Limited (Registered number: 07791962)

Balance Sheet - continued
30 September 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 20 March 2025 and were signed by:





Mr D James - Director


Allwoods (Hassocks) Limited (Registered number: 07791962)

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

1. STATUTORY INFORMATION

Allwoods (Hassocks) 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 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.

Allwoods (Hassocks) Limited (Registered number: 07791962)

Notes to the Financial Statements - continued
for the Year Ended 30 September 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 10 (2023 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 24,800
AMORTISATION
At 1 October 2023
and 30 September 2024 24,800
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 50,425
DEPRECIATION
At 1 October 2023 35,196
Charge for year 3,808
At 30 September 2024 39,004
NET BOOK VALUE
At 30 September 2024 11,421
At 30 September 2023 15,229

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 166,277 113,678

Allwoods (Hassocks) Limited (Registered number: 07791962)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 4,500 7,000
Trade creditors 202 202
Taxation and social security 14,677 4,201
Other creditors 57,057 60,624
76,436 72,027

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 30,060 30,060

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr D James.