Woodlands Holiday Cottages Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06385214 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th September 2024

for

Woodlands Holiday Cottages Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs D Pickering

Mr N A Pickering

REGISTERED OFFICE:

Central Chambers

227 London Road

Hadleigh

Benfleet

Essex

SS7 2RF

REGISTERED NUMBER:

06385214 (England and Wales)

ACCOUNTANTS:

Field & Co LLP

Central Chambers

227 London Road

Hadleigh

Benfleet

Essex

SS7 2RF

FIXED ASSETS

Tangible assets

4

235

293

Investment property

5

280,000

280,235

280,293

CURRENT ASSETS

Debtors

6

9,660

18,913

Cash at bank and in hand

731

473

10,391

19,386

CREDITORS

Amounts falling due within one year

7

248,093

256,234

NET CURRENT LIABILITIES

(237,702

)

(236,848

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

42,533

43,445

CREDITORS

Amounts falling due after more than
one year

8

(12,698

)

(23,550

)

PROVISIONS FOR LIABILITIES

9

(20,809

)

(20,809

)

NET ASSETS/(LIABILITIES)

9,026

(914

)

CAPITAL AND RESERVES

Called up share capital

10

1

Fair value reserve

11

76,999

Retained earnings

11

(67,974

)

(77,914

)

SHAREHOLDERS' FUNDS

9,026

(914

)

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30th September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th September 2025 and were signed on its behalf by:

Mr N A Pickering - Director

1.	STATUTORY INFORMATION

Woodlands Holiday Cottages 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 as modified by the revaluation of certain assets.

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

-

20% on reducing balance

Fixtures and fittings

-

Straight line over 5 years

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

COST

At 1st October 2023

and 30th September 2024

1,119

3,799

4,918

DEPRECIATION

At 1st October 2023

826

3,799

4,625

Charge for year

58

-

58

At 30th September 2024

884

3,799

4,683

NET BOOK VALUE

At 30th September 2024

235

-

235

At 30th September 2023

293

-

293

No fixed assets are subject to HP agreements or finance leases.

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st October 2023

and 30th September 2024

280,000

NET BOOK VALUE

At 30th September 2024

280,000

At 30th September 2023

280,000

Fair value at 30th September 2024 is represented by:

£

Valuation in 2021

75,060

Valuation in 2023

(20,000

)

Cost

224,940

280,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/24

30/9/23

£

Other debtors

9,660

18,913

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/24

30/9/23

£

Bank loans and overdrafts

10,083

9,283

Trade creditors

-

1

Other creditors

238,010

246,950

248,093

256,234

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/9/24

30/9/23

£

Bank loans

12,698

23,550

9.	PROVISIONS FOR LIABILITIES

30/9/24

30/9/23

£

Deferred tax

20,809

Deferred

tax

£

Balance at 1st October 2023

20,809

Property

Balance at 30th September 2024

20,809

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/9/24

30/9/23

value:

£

1

Ordinary Share

£1

1

11.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

At 1st October 2023

(77,914

)

76,999

(915

)

Profit for the year

9,940

At 30th September 2024

(67,974

)

76,999

9,025

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr N A Pickering.