REGISTERED NUMBER: 09212197 (England and Wales)

WOVEN & WOODS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M Biggs

Ms G Willingham

REGISTERED OFFICE:

23 York Street

Twickenham

Middlesex

TW1 3JZ

REGISTERED NUMBER:

09212197 (England and Wales)

ACCOUNTANTS:

Carston ETL

Chartered Accountants

Second Floor

34 Lime Street

London

EC3M 7AT

FIXED ASSETS

Tangible assets

4

111,779

137,346

CURRENT ASSETS

Stocks

39,555

38,455

Debtors

5

250,955

243,266

Cash at bank

19,651

130,674

310,161

412,395

CREDITORS

Amounts falling due within one year

6

322,822

390,091

NET CURRENT (LIABILITIES)/ASSETS

(12,661

)

22,304

TOTAL ASSETS LESS CURRENT LIABILITIES

99,118

159,650

CREDITORS

Amounts falling due after more than one year

7

129,221

144,989

NET (LIABILITIES)/ASSETS

(30,103

)

14,661

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(30,203

)

14,561

SHAREHOLDERS' FUNDS

(30,103

)

14,661

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 30th September 2025 and were signed on its behalf by:

Ms G Willingham - Director

1.	STATUTORY INFORMATION

Woven & Woods 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.

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.

Leasehold buildings - Over the period of lease

Plant and machinery - Straight line 3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 1st January 2024

117,806

97,802

215,608

Additions

2,064

6,632

8,696

Disposals

-

(9,114

)

(9,114

)

At 31st December 2024

119,870

95,320

215,190

DEPRECIATION

At 1st January 2024

23,164

55,098

78,262

Charge for year

4,984

26,759

31,743

Eliminated on disposal

-

(6,594

)

(6,594

)

At 31st December 2024

28,148

75,263

103,411

NET BOOK VALUE

At 31st December 2024

91,722

20,057

111,779

At 31st December 2023

94,642

42,704

137,346

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

50,543

116,938

Other debtors

200,412

126,328

250,955

243,266

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

95,559

158,321

Taxation and social security

118,621

113,159

Other creditors

108,642

118,611

322,822

390,091

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

129,221

144,989

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

65,000

90,000

Between one and five years

240,000

335,000

In more than five years

150,000

135,000

455,000

560,000

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st December 2024 and 31st December 2023:

2024

2023

£

£

Mr M Biggs

Balance outstanding at start of year

32,038

(1,306

)

Amounts advanced

49,728

33,344

Amounts repaid

(1,825

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

79,941

32,038

Ms G Willingham

Balance outstanding at start of year

15,492

(2,165

)

Amounts advanced

3,041

17,657

Amounts repaid

(2,268

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

16,265

15,492

The balance owed by Ms. G. Willingham was fully repaid within nine months of the year-end. The balance due from Mr. M. Biggs has been subject to Section 455 tax.