REGISTERED NUMBER: 01658973 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Pinewoods Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Carpenter

Mrs D Carpenter

SECRETARY:

J Carpenter

REGISTERED OFFICE:

Franklin House

Station Approach

Sheperton

Middlesex

TW17 8AR

REGISTERED NUMBER:

01658973 (England and Wales)

ACCOUNTANTS:

K H Accounting

12 Montgomery Road

Newbury

Berkshire

RG14 6HU

FIXED ASSETS

Tangible assets

4

100,811

70,894

CURRENT ASSETS

Stocks

5

2,000

2,000

Debtors

6

1,213,846

1,085,635

Cash at bank

355,242

414,247

1,571,088

1,501,882

CREDITORS

Amounts falling due within one year

7

741,752

708,701

NET CURRENT ASSETS

829,336

793,181

TOTAL ASSETS LESS CURRENT LIABILITIES

930,147

864,075

PROVISIONS FOR LIABILITIES

21,562

16,784

NET ASSETS

908,585

847,291

CAPITAL AND RESERVES

Called up share capital

8

208

208

Retained earnings

908,377

847,083

SHAREHOLDERS' FUNDS

908,585

847,291

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 18 July 2025 and were signed on its behalf by:

J Carpenter - Director

1.	STATUTORY INFORMATION

Pinewoods 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 400 (2024 - 401 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

127,403

90,662

86,654

41,616

346,335

Additions

2,466

5,799

59,863

1,788

69,916

At 31 March 2025

129,869

96,461

146,517

43,404

416,251

DEPRECIATION

At 1 April 2024

110,395

81,264

49,038

34,744

275,441

Charge for year

4,869

3,799

29,166

2,165

39,999

At 31 March 2025

115,264

85,063

78,204

36,909

315,440

NET BOOK VALUE

At 31 March 2025

14,605

11,398

68,313

6,495

100,811

At 31 March 2024

17,008

9,398

37,616

6,872

70,894

5.

STOCKS

31.3.25

31.3.24

£

£

Stocks

2,000

2,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,187,533

1,081,370

Other debtors

26,313

4,265

1,213,846

1,085,635

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

42,242

17,389

Taxation and social security

399,588

413,932

Other creditors

299,922

277,380

741,752

708,701

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

206

Ordinary

206

206

206

1

B Shares

£1

1

1

1

C Shares

£1

1

1

208

208

9.	ULTIMATE CONTROLLING PARTY

The controlling party is J Carpenter.

The ultimate controlling party is J Carpenter.