REGISTERED NUMBER: 10426361 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

WOOLFHODSON LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs C M Hodson

Mr R F Hodson

REGISTERED OFFICE:

Ground Floor Marlborough House

298 Regents Park Road

London

N3 2SZ

REGISTERED NUMBER:

10426361 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Tangible assets

4

3,763

9,393

CURRENT ASSETS

Debtors

5

522,099

486,978

Cash at bank

374,144

380,643

896,243

867,621

CREDITORS

Amounts falling due within one year

6

268,723

258,588

NET CURRENT ASSETS

627,520

609,033

TOTAL ASSETS LESS CURRENT LIABILITIES

631,283

618,426

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

631,183

618,326

SHAREHOLDERS' FUNDS

631,283

618,426

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 1 September 2025 and were signed on its behalf by:

Mrs C M Hodson - Director

1.	STATUTORY INFORMATION

WoolfHodson Ltd 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer Equipment 33.33% straight line

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

34,425

Additions

1,225

Disposals

(4,304

)

At 31 December 2024

31,346

DEPRECIATION

At 1 January 2024

25,032

Charge for year

6,855

Eliminated on disposal

(4,304

)

At 31 December 2024

27,583

NET BOOK VALUE

At 31 December 2024

3,763

At 31 December 2023

9,393

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

229,911

203,285

S455 debtor

68,306

68,306

Director's current account

201,080

202,700

Prepayments

22,802

12,687

522,099

486,978

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

26,799

7,258

Corporation tax

69,508

5,130

Other creditors

163,556

176,182

S455 creditor

-

68,306

Director's current account

5,520

312

Accruals and deferred income

3,340

1,400

268,723

258,588

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary shares

o1

100

100

8.

RESERVES

Retained

earnings

£

At 1 January 2024

618,326

Profit for the year

202,857

Dividends

(190,000

)

At 31 December 2024

631,183

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £190,000 were paid to the directors .

At the balance sheet date, included within debtors due within one year, is an amount of £201,080 (2023 - £202,700) owed by the company directors.This loan is unsecured, interest is charged at 2.25% and will be repaid in due course.

At the balance sheet date, included within creditors due within one year, is an amount of £5,520 (2023 - £312) owed to the company directors. This loan is unsecured, interest free and payable on demand.

10.	ULTIMATE CONTROLLING PARTY

The controlling parties are the company directors by virtue of their shareholdings.