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REGISTERED NUMBER: SC198589 (Scotland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

WINWOOD INTERNATIONAL LIMITED

WINWOOD INTERNATIONAL LIMITED (REGISTERED NUMBER: SC198589)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 6

WINWOOD INTERNATIONAL LIMITED

COMPANY INFORMATION
for the Year Ended 31 August 2024







DIRECTORS: Mr G J Ross
Mrs A Ross





SECRETARY: Mrs A Ross





REGISTERED OFFICE: C/o Acumen Accountants & Advisors Ltd
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX





REGISTERED NUMBER: SC198589 (Scotland)





ACCOUNTANTS: Acumen Accountants and Advisors Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX

WINWOOD INTERNATIONAL LIMITED (REGISTERED NUMBER: SC198589)

BALANCE SHEET
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 68,723 22,264

CURRENT ASSETS
Debtors 6 3,396 19,060
Cash at bank 101,161 189,177
104,557 208,237
CREDITORS
Amounts falling due within one year 7 37,133 35,610
NET CURRENT ASSETS 67,424 172,627
TOTAL ASSETS LESS CURRENT
LIABILITIES

136,147

194,891

PROVISIONS FOR LIABILITIES 9 17,181 5,566
NET ASSETS 118,966 189,325

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 118,866 189,225
SHAREHOLDERS' FUNDS 118,966 189,325

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 9 May 2025 and were signed on its behalf by:





Mr G J Ross - Director


WINWOOD INTERNATIONAL LIMITED (REGISTERED NUMBER: SC198589)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Winwood International Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

Turnover
Turnover is stated net of VAT and trade discounts. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where the contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total contract value. Where payments are received from customers in advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors due within one year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

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.

WINWOOD INTERNATIONAL LIMITED (REGISTERED NUMBER: SC198589)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 September 2023 3,177 34,639 1,891
Additions - 19,500 -
Disposals - (3,425 ) (438 )
At 31 August 2024 3,177 50,714 1,453
DEPRECIATION
At 1 September 2023 3,171 12,381 1,891
Charge for year 6 8,674 -
Eliminated on disposal - (2,640 ) (438 )
At 31 August 2024 3,177 18,415 1,453
NET BOOK VALUE
At 31 August 2024 - 32,299 -
At 31 August 2023 6 22,258 -

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023 4,747 333 44,787
Additions 57,310 - 76,810
Disposals (16,125 ) (333 ) (20,321 )
At 31 August 2024 45,932 - 101,276
DEPRECIATION
At 1 September 2023 4,747 333 22,523
Charge for year 5,769 - 14,449
Eliminated on disposal (1,008 ) (333 ) (4,419 )
At 31 August 2024 9,508 - 32,553
NET BOOK VALUE
At 31 August 2024 36,424 - 68,723
At 31 August 2023 - - 22,264

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,396 10,104
Other debtors - 8,956
3,396 19,060

WINWOOD INTERNATIONAL LIMITED (REGISTERED NUMBER: SC198589)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 708 171
Taxation and social security 7,100 30,849
Other creditors 29,325 4,590
37,133 35,610

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year - 1,553

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 17,181 5,566

Deferred
tax
£   
Balance at 1 September 2023 5,566
Movement 11,615
Balance at 31 August 2024 17,181

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
£    £   
Mr G J Ross
Balance outstanding at start of year (4,590 ) (4,258 )
Amounts repaid (24,735 ) (332 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (29,325 ) (4,590 )

This loan is interest free and there are no repayment terms.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
WINWOOD INTERNATIONAL LIMITED (REGISTERED NUMBER: SC198589)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Winwood International Limited for the year ended 31 August 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Winwood International Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Winwood International Limited and state those matters that we have agreed to state to the Board of Directors of Winwood International Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

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






Acumen Accountants and Advisors Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX


9 May 2025