REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 August 2024 |
for |
WOODBOURNE GROUP (MILL STREET) LTD |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31 August 2024 |
for |
WOODBOURNE GROUP (MILL STREET) LTD |
WOODBOURNE GROUP (MILL STREET) LTD (REGISTERED NUMBER: 10334244) |
Contents of the Financial Statements |
for the Year Ended 31 August 2024 |
Page |
Abridged Balance Sheet | 1 |
Notes to the Financial Statements | 2 |
WOODBOURNE GROUP (MILL STREET) LTD (REGISTERED NUMBER: 10334244) |
Abridged Balance Sheet |
31 August 2024 |
2024 | 2023 |
Notes | £ | £ | £ |
FIXED ASSETS |
Unlisted assets | 5 |
Tangible assets | 6 |
CURRENT ASSETS |
Stocks |
Debtors | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
The financial statements were approved by the Board of Directors and authorised for issue on |
WOODBOURNE GROUP (MILL STREET) LTD (REGISTERED NUMBER: 10334244) |
Notes to the Financial Statements |
for the Year Ended 31 August 2024 |
1. | STATUTORY INFORMATION |
Woodbourne Group (Mill Street) Ltd is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Unlisted assets |
Unlisted assets (other intangible assets) are private number plates purchased by the company in 2019 that are not being amortised as the directors believe the value will not decrease |
Tangible fixed assets |
Depreciation on computer equipment is charged at 25% reducing balance |
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. |
WOODBOURNE GROUP (MILL STREET) LTD (REGISTERED NUMBER: 10334244) |
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2024 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | AUDITORS' REMUNERATION |
2024 | 2023 |
£ | £ |
Fees payable to the company's auditors for the audit of the company's financial statements |
3,200 |
3,000 |
5. | UNLISTED ASSETS |
Totals |
£ |
COST |
At 1 September 2023 |
and 31 August 2024 |
NET BOOK VALUE |
At 31 August 2024 |
At 31 August 2023 |
6. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 September 2023 |
and 31 August 2024 |
DEPRECIATION |
At 1 September 2023 |
Charge for year |
At 31 August 2024 |
NET BOOK VALUE |
At 31 August 2024 |
At 31 August 2023 |
7. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
WOODBOURNE GROUP (MILL STREET) LTD (REGISTERED NUMBER: 10334244) |
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2024 |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |
2024 | 2023 |
£ | £ |
Repayable otherwise than by instalments |
Bank loans more 5 yrs non-inst |
Repayable by instalments |
Bank loans more 5 yr by instal | 480,976 | 681,486 |
9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023: |
2024 | 2023 |
£ | £ |
Balance outstanding at start of year |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year | ( |
) |
11. | RELATED PARTY DISCLOSURES |
The following current assets are related party transactions with no terms attached |
Suchai Capital ltd.= £1,800 (Nil in 2023) |
Mink cloud ltd.= £1,270 (Nil in 2023) |
Stopper holdings ltd.= £910 (Nil on 2023) |
Woodbourne Developments Ltd = £9,940 (£9,940 in 2023) |
Woodbourne Ventures Ltd = £51,870 (44,200 in 2023) |
Woodbourne ventures (SC) ltd. = £337,890 ( £457,376 in 2023) |
The following current liabilities are related party transactions with no terms attached |
Woodbourne Homes Ltd = £1,635,295 (££1,399,295in 2023) |
Woodbourne Developments Ltd= £2,250 (Nil on 2023) |
Apex House 6 Ltd = £50,000 (£50,000 in 2023) |
Woodbourne Group (Black Lake) Ltd = Nil (£1,800,000 in 2023) |
Woodbourne Group (Saxon Way) Ltd = £20,000 (20,000 in 2023) |
Woodbourne Group (Battens Drive) Ltd = Nil (3,70,000 in 2023) |
Woodbourne Group PLC= £2,249,800 (Nil in 2023) |