Woodland Forestry Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11717822

Woodland Forestry Limited

Filleted Unaudited Financial Statements

31 December 2024

Woodland Forestry Limited

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	4	187,933	146,137

Current assets

Debtors	5	18,750	95,579
Cash at bank and in hand		200,838	165,185
		---------	---------
		219,588	260,764

Creditors: amounts falling due within one year	6	188,740	241,107
		---------	---------
Net current assets		30,848	19,657
		---------	---------
Total assets less current liabilities		218,781	165,794
		---------	---------
Net assets		218,781	165,794
		---------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	218,780	165,793
	---------	---------
Shareholders funds	218,781	165,794
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Woodland Forestry Limited

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 24 September 2025 , and are signed on behalf of the board by:

Mr S Dilley
Director

Company registration number: 11717822

Woodland Forestry Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 93 Box End Road, Kempston, Bedford, MK43 8RS.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Motor vehicles	-	25% reducing balance

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument .

4. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 January 2024	263,425	28,400	291,825
Additions	60,664	50,516	111,180
Disposals	–	( 28,400)	( 28,400)
	---------	--------	---------
At 31 December 2024	324,089	50,516	374,605
	---------	--------	---------
Depreciation
At 1 January 2024	124,028	21,660	145,688
Charge for the year	50,015	12,629	62,644
Disposals	–	( 21,660)	( 21,660)
	---------	--------	---------
At 31 December 2024	174,043	12,629	186,672
	---------	--------	---------
Carrying amount
At 31 December 2024	150,046	37,887	187,933
	---------	--------	---------
At 31 December 2023	139,397	6,740	146,137
	---------	--------	---------

5. Debtors

	2024	2023
	£	£
Trade debtors	12,263	89,933
Other debtors	6,487	5,646
	--------	--------
	18,750	95,579
	--------	--------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	1,466	35,089
Social security and other taxes	1,328	27,618
Other creditors	185,946	178,400
	---------	---------
	188,740	241,107
	---------	---------