Company No: 10202923 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Investments	3	3,077,893		3,077,893
		3,077,893		3,077,893
Current assets
Cash at bank and in hand		1		1
		1		1
Creditors: amounts falling due within one year	47	( 1,335,419)		( 1,149,827)
Net current liabilities		(1,335,418)		(1,149,826)
Total assets less current liabilities		1,742,475		1,928,067
Creditors: amounts falling due after more than one year	5	( 995,000)		( 1,145,000)
Net assets		747,475		783,067
Capital and reserves
Called-up share capital	6	4,000		4,000
Profit and loss account		743,475		779,067
Total shareholders' funds		747,475		783,067

For the financial year ending 30 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Woodcote Holdings Limited (registered number: 10202923) were approved and authorised for issue by the Board of Directors on 24 September 2025. They were signed on its behalf by:

Mr NP Greenway Director

Mr LP Greenway Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Woodcote Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Centenary House, Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Fixed asset investments

Investments in subsidiaries

	2024
	£
Cost
At 01 October 2023	3,077,893
At 30 September 2024	3,077,893
Carrying value at 30 September 2024	3,077,893
Carrying value at 30 September 2023	3,077,893

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 30.09.2024	Ownership 30.09.2023	Held
M J Stevens Ltd	Centenary House, Peninsula Park, Rydon Lane, Exeter, EX2 7XE	Drylining, carpentry, tiling and painting	Ordinary	100.00%	100.00%	Direct

4. Creditors: amounts falling due within one year

	2024		2023
	£		£
Amounts owed to Group undertakings	455,586		539,993
Accruals	750		750
Other creditors	879,083		609,084
	1,335,419		1,149,827

Included within other creditors are unsecured debentures. For further details please refer to note 7 of the accounts.

5. Creditors: amounts falling due after more than one year

	2024		2023
	£		£
Other creditors	995,000		1,145,000

Included within other creditors are unsecured debentures. For further details please refer to note 7 of the accounts.

6. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
4,000 Ordinary shares of £ 1.00 each	4,000		4,000

7. Loan notes

	2024		2023
	£		£
Unsecured debenture loans due within 1 year	(504,083)		(504,083)
Unsecured debenture loans due over 1 year	(995,000)		(1,145,000)
	(1,499,083)		(1,649,083)

Loan notes are denominated in pounds sterling with a nominal interest rate of 7%.