1 February 2024 false No description of principal activity Taxfiler 2024.6 01846736business:PrivateLimitedCompanyLtd2024-02-012025-01-31 018467362024-01-31 018467362024-02-012025-01-31 01846736business:AuditExemptWithAccountantsReport2024-02-012025-01-31 01846736business:FilletedAccounts2024-02-012025-01-31 018467362025-01-31 01846736business:Director12024-02-012025-01-31 01846736business:Director22024-02-012025-01-31 01846736business:Director32024-02-012025-01-31 01846736business:RegisteredOffice2024-02-012025-01-31 018467362024-01-31 01846736core:WithinOneYear2025-01-31 01846736core:WithinOneYear2024-01-31 01846736core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 01846736core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 01846736core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 01846736core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 01846736core:PreviouslyStatedAmount2025-01-31 01846736core:PreviouslyStatedAmount2024-01-31 01846736business:SmallEntities2024-02-012025-01-31 01846736countries:EnglandWales2024-02-012025-01-31 01846736core:MotorVehicles2024-02-012025-01-31 01846736core:FurnitureFittings2024-02-012025-01-31 01846736core:MotorVehicles2024-01-31 01846736core:FurnitureFittings2024-01-31 01846736core:MotorVehicles2025-01-31 01846736core:FurnitureFittings2025-01-31 01846736core:WithinOneYear2024-02-012025-01-31 018467362023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 01846736 (England and Wales)
Woodside Motors Limited Unaudited accounts for the year ended 31 January 2025
Woodside Motors Limited Unaudited accounts Contents
Page
- 2 -
Woodside Motors Limited Company Information for the year ended 31 January 2025
Directors
Mr Philip Davies Mrs Eileen Davies Mr Anthony Davies
Company Number
01846736 (England and Wales)
Registered Office
44 CROXTETH DRIVE RAINFORD ST HELENS MERSEYSIDE WA11 8LA
Accountants
J F Balshaw & Co 20 Old Kiln Lane Heaton Bolton Lancashire BL1 5PD
- 3 -
Woodside Motors Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,538 
3,135 
Investments
130,977 
130,977 
133,515 
134,112 
Current assets
Inventories
82,816 
87,453 
Debtors
7,711 
7,711 
Cash at bank and in hand
36,542 
67,265 
127,069 
162,429 
Creditors: amounts falling due within one year
(242,955)
(290,717)
Net current liabilities
(115,886)
(128,288)
Total assets less current liabilities
17,629 
5,824 
Provisions for liabilities
Deferred tax
(294)
(324)
Net assets
17,335 
5,500 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
17,333 
5,498 
Shareholders' funds
17,335 
5,500 
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 May 2025 and were signed on its behalf by
Mr Philip Davies Director Company Registration No. 01846736
- 4 -
Woodside Motors Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Woodside Motors Limited is a private company, limited by shares, registered in England and Wales, registration number 01846736. The registered office is 44 CROXTETH DRIVE, RAINFORD, ST HELENS, MERSEYSIDE, WA11 8LA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Investments
Investments in shares in subsidiaries are included at cost less accumulated impairment losses.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
Woodside Motors Limited Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
28,820 
21,943 
50,763 
At 31 January 2025
28,820 
21,943 
50,763 
Depreciation
At 1 February 2024
27,542 
20,086 
47,628 
Charge for the year
319 
278 
597 
At 31 January 2025
27,861 
20,364 
48,225 
Net book value
At 31 January 2025
959 
1,579 
2,538 
At 31 January 2024
1,278 
1,857 
3,135 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 February 2024
130,977 
Valuation at 31 January 2025
130,977 
Cost of shareholding in Boardman's Coaches Limited. Woodside Motors Limited holds 99.97% of the ordinary share capital of Boardman's Coaches Limited, a company involved in the retail of second hand cards and the provision of motor repairs services.
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
7,711 
7,711 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
687 
573 
Amounts owed to group undertakings and other participating interests
194,058 
242,578 
Taxes and social security
1,141 
521 
Other creditors
119 
120 
Loans from directors
45,575 
45,575 
Accruals
1,375 
1,350 
242,955 
290,717 
Facilities granted by the bank are secured by a fixed and floating charge on the assets of the company supported by an unlimited inter company composite guarantee dated 7th October 1984, between the Royal Bank of Scotland and Woodside Motors Limited, Woodside Motor (Services) Limited and Boardman's Coaches Limited.
8
Transactions with related parties
A balance of £45,575 (2024 £45,575) is owed to the directors.
- 6 -
Woodside Motors Limited Notes to the Accounts for the year ended 31 January 2025
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).
- 7 -