R Woodhouse Limited 07755993 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is Other business support service Digita Accounts Production Advanced 6.30.9574.0 true 07755993 2023-09-01 2024-08-31 07755993 2024-08-31 07755993 core:RetainedEarningsAccumulatedLosses 2024-08-31 07755993 core:ShareCapital 2024-08-31 07755993 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 07755993 core:FurnitureFittings 2024-08-31 07755993 core:MotorVehicles 2024-08-31 07755993 core:OfficeEquipment 2024-08-31 07755993 core:PlantMachinery 2024-08-31 07755993 bus:SmallEntities 2023-09-01 2024-08-31 07755993 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 07755993 bus:FilletedAccounts 2023-09-01 2024-08-31 07755993 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 07755993 bus:RegisteredOffice 2023-09-01 2024-08-31 07755993 bus:Director1 2023-09-01 2024-08-31 07755993 bus:Director2 2023-09-01 2024-08-31 07755993 bus:Director3 2023-09-01 2024-08-31 07755993 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07755993 bus:Agent1 2023-09-01 2024-08-31 07755993 core:FurnitureFittings 2023-09-01 2024-08-31 07755993 core:MotorCars 2023-09-01 2024-08-31 07755993 core:MotorVehicles 2023-09-01 2024-08-31 07755993 core:OfficeEquipment 2023-09-01 2024-08-31 07755993 core:PlantMachinery 2023-09-01 2024-08-31 07755993 core:Vehicles 2023-09-01 2024-08-31 07755993 countries:EnglandWales 2023-09-01 2024-08-31 07755993 2023-08-31 07755993 core:FurnitureFittings 2023-08-31 07755993 core:MotorVehicles 2023-08-31 07755993 core:OfficeEquipment 2023-08-31 07755993 core:PlantMachinery 2023-08-31 07755993 2022-09-01 2023-08-31 07755993 2023-08-31 07755993 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 07755993 core:CurrentFinancialInstruments core:WithinOneYear core:PreviouslyStatedAmount 2023-08-31 07755993 core:FurnitureFittings 2023-08-31 07755993 core:MotorVehicles 2023-08-31 07755993 core:OfficeEquipment 2023-08-31 07755993 core:PlantMachinery 2023-08-31 07755993 core:PreviouslyStatedAmount 2023-08-31 iso4217:GBP xbrli:pure

Registration number: 07755993

R Woodhouse Limited

Annual Report and Unaudited Financial Statements Year Ended 31 August 2024

image-name

Chartered Accountants

 

R Woodhouse Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 6

 

R Woodhouse Limited

Company Information

Directors

Mr R L Woodhouse

Mrs J H Woodhouse

Mr C L Woodhouse

Registered office

Hatts Barn
Ashmore
Salisbury
Wiltshire
SP5 5AR

Accountants

Edwards & Keeping Limited
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
R Woodhouse Limitedfor the Year Ended 31 August 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of R Woodhouse Limited for the year ended 31 August 2024 as set out on pages 3 to 6 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 at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of R Woodhouse Limited, as a body, in accordance with the terms of our engagement letter dated 4 February 2025. Our work has been undertaken solely to prepare for your approval the accounts of R Woodhouse Limited and state those matters that we have agreed to state to the Board of Directors of R Woodhouse Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R Woodhouse Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that R Woodhouse Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of R Woodhouse Limited. You consider that R Woodhouse 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 accounts of R Woodhouse 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 accounts.






Edwards & Keeping Limited
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

22 April 2025

 

R Woodhouse Limited

(Registration number: 07755993)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

           

Fixed assets

   

 

Tangible assets

4

 

38,067

 

55,182

Current assets

   

 

Stocks

2,798

 

3,360

 

Debtors

5

86,562

 

141,227

 

Cash at bank and in hand

 

107,483

 

129,186

 

 

196,843

 

273,773

 

Creditors: Amounts falling due within one year

6

(63,735)

 

(195,204)

 

Net current assets

   

133,108

 

78,569

Total assets less current liabilities

   

171,175

 

133,751

Provisions for liabilities

 

(7,233)

 

(10,485)

Net assets

   

163,942

 

123,266

Capital and reserves

   

 

Called up share capital

3

 

3

 

Profit and loss account

163,939

 

123,263

 

Total equity

   

163,942

 

123,266

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 April 2025 and signed on its behalf by:
 



Mr C L Woodhouse
Director

 

R Woodhouse Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Hatts Barn
Ashmore
Salisbury
Wiltshire
SP5 5AR

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company currently has net liabilities. Despite this, the directors consider the company to be a going concern and they will continue to support the company.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for 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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

R Woodhouse Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2024

Tangible 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:

Asset class

Depreciation method and rate

Plant and machinery

15% straight line

Tractors

12.5% straight line

Combine

12.5% straight line

Motor vehicles

12.5% straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

R Woodhouse Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2024

4

Tangible assets

Tractors
£

Plant and machinery
£

Motor vehicles
£

Combine
 £

Total
£

Cost or valuation

At 1 September 2023

226,650

257,977

12,700

120,000

617,327

Additions

-

7,950

-

-

7,950

Disposals

-

(1,801)

-

-

(1,801)

At 31 August 2024

226,650

264,126

12,700

120,000

623,476

Depreciation

At 1 September 2023

198,786

233,833

9,526

120,000

562,145

Charge for the year

13,931

9,546

1,588

-

25,065

Eliminated on disposal

-

(1,801)

-

-

(1,801)

At 31 August 2024

212,717

241,578

11,114

120,000

585,409

Carrying amount

At 31 August 2024

13,933

22,548

1,586

-

38,067

At 31 August 2023

27,864

24,144

3,174

-

55,182

5

Debtors

Current

2024
£

2023
£

Trade debtors

81,340

136,800

Prepayments

5,222

4,427

 

86,562

141,227

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

34,949

152,990

Taxation and social security

12,859

22,154

Other creditors

15,927

20,060

63,735

195,204