REGISTERED NUMBER: 04269345 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

WOODLANDS (MERE) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S M C Henderson

D M Henderson

SECRETARY:

S M C Henderson

REGISTERED OFFICE:

Knoll House

Kilmington Common

Kilmington

Warminster

Wiltshire

BA12 6QX

REGISTERED NUMBER:

04269345 (England and Wales)

ACCOUNTANTS:

Andrews and Palmer

Chartered Accountants

32 The Square

Gillingham

Dorset

SP8 4AR

FIXED ASSETS

Tangible assets

4

1,832

2,291

CURRENT ASSETS

Stocks

995,940

988,940

Debtors

5

49,448

25,453

Cash at bank

3,682

1,631

1,049,070

1,016,024

CREDITORS

Amounts falling due within one year

6

1,051,794

1,001,012

NET CURRENT (LIABILITIES)/ASSETS

(2,724

)

15,012

TOTAL ASSETS LESS CURRENT LIABILITIES

(892

)

17,303

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(894

)

17,301

(892

)

17,303

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

S M C Henderson - Director

1.	STATUTORY INFORMATION

Woodlands (Mere) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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 etc

-

20% on reducing balance

Stocks

Stock and work in progress are stated at the lower of cost and net realisable value. Cost comprises direct costs (only) incurred in bringing the stocks and work in progress to their present location and condition. Net realisable value is the estimated selling price less costs to be incurred in completing and selling the stocks and work in progress.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at transaction price less any provision for debtors that are considered by the directors to be doubtful.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and bank.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2024

and 31 December 2024

13,740

DEPRECIATION

At 1 January 2024

11,449

Charge for year

459

At 31 December 2024

11,908

NET BOOK VALUE

At 31 December 2024

1,832

At 31 December 2023

2,291

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

-

3,506

Deferred Tax

49,347

21,947

VAT

101

-

49,448

25,453

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other loans

673,525

673,525

Trade creditors

292

-

Amounts owed to group undertakings

278,444

269,269

Social security and other taxes

51

-

Directors' current accounts

61,982

53,271

Accrued expenses

37,500

4,947

1,051,794

1,001,012

7.	TRANSACTIONS WITH DIRECTORS

Creditors include £61,982 (2023: £53,271) to Sean Henderson and £673,525 (2023: £673,525) due to Dominic Henderson. Interest of £36,000 (2023: £36,000) has been charged on the loan from Dominic Henderson during the year. The loan has no set date for repayment.

8.	CONTROLLING PARTY

The company is a 100% owned subsidiary undertaking of Kinghay Investments Limited, a company registered in England and Wales.

Included within creditors £278,444 (2023: £269,269) owed to Kinghay Investments Limited.