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REGISTERED NUMBER: 10055173 (England and Wales)













WOOD & WOOD DEVELOPMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025






WOOD & WOOD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10055173)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


WOOD & WOOD DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTORS: Mr. P Wood
Mr. J Wood





REGISTERED OFFICE: 14 Park Road
Whitchurch
Cardiff
CF14 7BQ





REGISTERED NUMBER: 10055173 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

WOOD & WOOD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10055173)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Investment property 4 2,341,948 2,599,795

CURRENT ASSETS
Debtors 5 - 805
Cash at bank 49,035 79,525
49,035 80,330
CREDITORS
Amounts falling due within one year 6 987,030 887,850
NET CURRENT LIABILITIES (937,995 ) (807,520 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,403,953 1,792,275

CREDITORS
Amounts falling due after more than one year 7 1,244,974 1,619,199
NET ASSETS 158,979 173,076

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 158,879 172,976
SHAREHOLDERS' FUNDS 158,979 173,076

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th May 2025 and were signed on its behalf by:





Mr. J Wood - Director


WOOD & WOOD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10055173)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025


1. STATUTORY INFORMATION

Wood & Wood Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2024 2,599,795
Additions 163,393
Disposals (421,240 )
At 31st March 2025 2,341,948
NET BOOK VALUE
At 31st March 2025 2,341,948
At 31st March 2024 2,599,795

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors - 805

WOOD & WOOD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10055173)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 30,000 58,836
Taxation and social security 16,075 4,223
Other creditors 940,955 824,791
987,030 887,850

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 1,244,974 1,619,199

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100