Company Registration No. SC214038 (Scotland)
G. Woods Bathrooms Limited
Unaudited accounts
for the year ended 28 January 2025
G. Woods Bathrooms Limited
Unaudited accounts
Contents
G. Woods Bathrooms Limited
Company Information
for the year ended 28 January 2025
Directors
Anthony Woods
Gerard Woods
Michael Woods
Patricia Woods
Company Number
SC214038 (Scotland)
Registered Office
TEXTILE HOUSE
3 DUKE STREET
PAISLEY
RENFREWSHIRE
PA2 6RF
Accountants
Ascent Accounting Ltd
Studio 106 Embroidery Mill
Seedhill
Paisley
PA1 1TJ
G. Woods Bathrooms Limited
Statement of financial position
as at 28 January 2025
Tangible assets
31,140
41,206
Cash at bank and in hand
15,498
12,647
Creditors: amounts falling due within one year
(180,587)
(192,017)
Net current liabilities
(118,036)
(116,966)
Total assets less current liabilities
(86,896)
(75,760)
Creditors: amounts falling due after more than one year
(28,044)
(47,299)
Net liabilities
(114,940)
(123,059)
Called up share capital
1,000
1,000
Profit and loss account
(115,940)
(124,059)
Shareholders' funds
(114,940)
(123,059)
For the year ending 28 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2025 and were signed on its behalf by
Gerard Woods
Director
Company Registration No. SC214038
G. Woods Bathrooms Limited
Notes to the Accounts
for the year ended 28 January 2025
G. Woods Bathrooms Limited is a private company, limited by shares, registered in Scotland, registration number SC214038. The registered office is TEXTILE HOUSE, 3 DUKE STREET, PAISLEY, RENFREWSHIRE, PA2 6RF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
G. Woods Bathrooms Limited
Notes to the Accounts
for the year ended 28 January 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 29 January 2024
27,628
110,147
62,932
3,174
203,881
At 28 January 2025
27,628
110,147
62,932
3,174
203,881
At 29 January 2024
22,877
75,068
61,658
3,072
162,675
Charge for the year
950
8,771
319
26
10,066
At 28 January 2025
23,827
83,839
61,977
3,098
172,741
At 28 January 2025
3,801
26,308
955
76
31,140
At 28 January 2024
4,751
35,079
1,274
102
41,206
Amounts falling due within one year
Trade debtors
16,559
30,490
Accrued income and prepayments
3,927
783
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
14,499
14,178
Obligations under finance leases and hire purchase contracts
5,498
4,587
Trade creditors
72,466
72,529
Taxes and social security
6,032
9,593
Loans from directors
2,022
6,051
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
7,331
13,436
9
Average number of employees
During the year the average number of employees was 14 (2024: 14).