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REGISTERED NUMBER: 06409166 (England and Wales)









Unaudited Financial Statements

for the Period 1 November 2023 to 31 August 2024

for

Woodfield Property Company Limited

Woodfield Property Company Limited (Registered number: 06409166)






Contents of the Financial Statements
for the Period 1 November 2023 to 31 August 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Woodfield Property Company Limited (Registered number: 06409166)

Balance Sheet
31 August 2024

31.8.24 31.10.23
Notes £    £   
FIXED ASSETS
Investment property 4 525,000 446,507

CURRENT ASSETS
Cash at bank 1,450 2,873

CREDITORS
Amounts falling due within one year 5 (147,280 ) (123,567 )
NET CURRENT LIABILITIES (145,830 ) (120,694 )
TOTAL ASSETS LESS CURRENT LIABILITIES 379,170 325,813

CREDITORS
Amounts falling due after more than one
year

6

(256,333

)

(265,313

)

PROVISIONS FOR LIABILITIES (19,623 ) -
NET ASSETS 103,214 60,500

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 8 58,870 -
Retained earnings 44,342 60,498
103,214 60,500

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 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.

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 14 April 2025 and were signed by:



Mr P S Knowles - Director


Woodfield Property Company Limited (Registered number: 06409166)

Notes to the Financial Statements
for the Period 1 November 2023 to 31 August 2024

1. STATUTORY INFORMATION

Woodfield Property Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06409166

Registered office: Westminster House
10 Westminster Road
Macclesfield
Cheshire
SK10 1BX

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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

Woodfield Property Company Limited (Registered number: 06409166)

Notes to the Financial Statements - continued
for the Period 1 November 2023 to 31 August 2024

4. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 November 2023 446,507
Revaluations 78,493
At 31 August 2024 525,000
NET BOOK VALUE
At 31 August 2024 525,000
At 31 October 2023 446,507

Cost or valuation at 31 August 2024 is represented by:
£   
Valuation in 2024 78,493
Cost 446,507
525,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.10.23
£    £   
Other creditors 147,280 123,567

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.10.23
£    £   
Other creditors 256,333 265,313

7. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.10.23
£    £   
Mortgages 256,333 265,313

Mortgages and bank loans are secured on the properties to which they relate.

8. RESERVES
Fair
value
reserve
£   
Revaluation in year 58,870

At 31 August 2024 58,870