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Company Registration No. 09928308 (England and Wales)
Bierton and Woods Ltd Unaudited accounts for the year ended 31 December 2024
Bierton and Woods Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Bierton and Woods Ltd Company Information for the year ended 31 December 2024
Directors
Mr R Bierton Mr M Woods
Company Number
09928308 (England and Wales)
Registered Office
DBH6 Diss Business Hub Diss Business Park Diss Norfolk IP22 4GT
Accountants
Ace Tax and Accountancy Services Ltd DBH6 Diss Business Hub Diss Business Park Diss Norfolk IP22 4GT
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Bierton and Woods Ltd Accountants' report
Accountants' report to the board of directors of Bierton and Woods Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 December 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 December 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Ace Tax and Accountancy Services Ltd DBH6 Diss Business Hub Diss Business Park Diss Norfolk IP22 4GT 19 September 2025
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Bierton and Woods Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
106,456 
89,295 
Current assets
Inventories
77,480 
82,885 
Debtors
5
198,608 
169,108 
Cash at bank and in hand
888,898 
1,360,901 
1,164,986 
1,612,894 
Creditors: amounts falling due within one year
6
(113,500)
(149,925)
Net current assets
1,051,486 
1,462,969 
Total assets less current liabilities
1,157,942 
1,552,264 
Provisions for liabilities
Deferred tax
(21,230)
(14,825)
Net assets
1,136,712 
1,537,439 
Capital and reserves
Called up share capital
7
200 
99 
Capital redemption reserve
38 
31 
Profit and loss account
1,136,474 
1,537,309 
Shareholders' funds
1,136,712 
1,537,439 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2025 and were signed on its behalf by
Mr R Bierton Director Company Registration No. 09928308
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Bierton and Woods Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Bierton and Woods Ltd is a private company, limited by shares, registered in England and Wales, registration number 09928308. The registered office is DBH6 Diss Business Hub, Diss Business Park, Diss, Norfolk, IP22 4GT. The principal place of business is The Old Sack Factory, Norwich Road, Scole, Norfolk, IP21 4ED.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. Prior Period Adjustment: Correction of Share Buyback During the preparation of the current year’s financial statements, the company identified an error in the accounting for the buyback of its own ordinary shares in the prior year. Nature of the error: In the year ended 31/12/23, 31 ordinary £1 shares were repurchased for a total consideration of £160,031. The original accounting entries incorrectly credited the Capital Redemption Reserve by £160,000 and did not charge the premium over nominal value (£160,000) to retained earnings. Correction made: The nominal value of the shares (£31) is correctly debited to Share Capital. The premium paid (£160,000) is charged to Retained Earnings (Profit & Loss Reserves). The Capital Redemption Reserve is credited with the nominal value of the shares cancelled (£31), as required by Companies Act 2006. Impact on prior year financial statements: Item As previously reported Adjustment Restated balance Share Capital £XXX (31) £XXX − 31 Profit & Loss Reserves £XXX (160,000 + 31) £XXX − 160,031 Capital Redemption Reserve £XXX +31 £XXX + 31 Total Equity £XXX (160,031) £XXX − 160,031 The adjustment has been applied retrospectively to the opening balances of the earliest period presented, in accordance with FRS 102 Section 10. Disclosure: This adjustment has no impact on the company’s reported profit or loss for the prior year. Comparative figures in the Statement of Changes in Equity and Balance Sheet have been restated to reflect the correction.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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Bierton and Woods Ltd Notes to the Accounts for the year ended 31 December 2024
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
20% Reducing balance
Fixtures & fittings
25% Reducing balance
Share Buyback
During the year ended 31/12/2024, the company repurchased and cancelled 7 ordinary £1 shares for a total consideration of £60,007. Nominal value of shares: £7 Premium over nominal value: £60,000 Total cash paid: £60,007 Transfer to Capital Redemption Reserve: £7 Accounting treatment: Nominal value (£7) debited to Share Capital. Premium (£60,000) debited to Profit and Loss Reserves. Nominal value transferred to Capital Redemption Reserve. Funded from distributable reserves. No impact on profit or loss. Repurchased shares have been cancelled and will not be reissued.
- 7 -
Bierton and Woods Ltd Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
333,097 
101,905 
1,344 
436,346 
Additions
337 
47,999 
8,259 
56,595 
Disposals
- 
(24,750)
- 
(24,750)
At 31 December 2024
333,434 
125,154 
9,603 
468,191 
Depreciation
At 1 January 2024
298,186 
47,900 
965 
347,051 
Charge for the year
8,812 
15,040 
780 
24,632 
On disposals
- 
(9,948)
- 
(9,948)
At 31 December 2024
306,998 
52,992 
1,745 
361,735 
Net book value
At 31 December 2024
26,436 
72,162 
7,858 
106,456 
At 31 December 2023
34,911 
54,005 
379 
89,295 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
195,821 
165,152 
Other debtors
2,787 
3,956 
198,608 
169,108 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
42,543 
31,498 
Trade creditors
24,706 
38,819 
Taxes and social security
43,160 
77,035 
Loans from directors
1,691 
1,173 
Accruals
1,400 
1,400 
113,500 
149,925 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200 
99 
Shares issued during the period:
101 Ordinary shares of £1 each
101 
- 8 -
Bierton and Woods Ltd Notes to the Accounts for the year ended 31 December 2024
8
Pension commitments
Defined Contribution Pension Plan The company operates a defined contribution plan for its employees, under which the company pays fixed contributions into a separate entity. Once the contributions have been made, the company has no further payment obligations. The contributions are recognised as an expense in the Profit and Loss Account when they fall due. Amounts not paid are shown as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds. This amounted to £6,871 (£5,433 - 2023).
9
Average number of employees
During the year the average number of employees was 9 (2023: 10).
- 9 -