REGISTERED NUMBER: 12039495 (England and Wales)

WOODSIDE PROPERTY RENTALS LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M S Walker

Mrs M J Walker

Mr M J Walker

Mr A C Walker

REGISTERED OFFICE:

Vernon House

40 New North Road

Huddersfield

West Yorkshire

HD1 5LS

REGISTERED NUMBER:

12039495 (England and Wales)

ACCOUNTANTS:

SMH Sheards

Vernon House

40 New North Road

Huddersfield

West Yorkshire

HD1 5LS

FIXED ASSETS

Investment property

4

300,000

300,000

CURRENT ASSETS

Debtors

5

737

236

Cash at bank

1,994

19,325

2,731

19,561

CREDITORS

Amounts falling due within one year

6

(205,555

)

(227,035

)

NET CURRENT LIABILITIES

(202,824

)

(207,474

)

TOTAL ASSETS LESS CURRENT LIABILITIES

97,176

92,526

PROVISIONS FOR LIABILITIES

7

(20,750

)

(20,750

)

NET ASSETS

76,426

71,776

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

70,781

70,781

Retained earnings

5,545

895

SHAREHOLDERS' FUNDS

76,426

71,776

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 25 September 2025 and were signed on its behalf by:

Mrs M J Walker - Director

Mr M S Walker - Director

1.	STATUTORY INFORMATION

Woodside Property Rentals 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is recognised on a monthly basis when rents are due.

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.

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade and other creditors, accruals and amounts owed to group undertakings, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

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 NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

and 30 April 2025

300,000

NET BOOK VALUE

At 30 April 2025

300,000

At 30 April 2024

300,000

Fair value at 30 April 2025 is represented by:

£

Valuation in 2025

300,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

208,470

208,470

Investment property was valued on an open market basis on 30 April 2025 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

737

236

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to associates

202,496

222,400

Taxation and social security

1,091

238

Other creditors

1,968

4,397

205,555

227,035

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

20,750

20,750

Deferred

tax

£

Balance at 1 May 2024

20,750

Balance at 30 April 2025

20,750

8.

RESERVES

Revaluation

reserve

£

At 1 May 2024

and 30 April 2025

70,781

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

Mr M S Walker

Balance outstanding at start of year

-

-

Amounts advanced

488

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

488

-

10.	RELATED PARTY DISCLOSURES

Loans owing to the directors on an interest free basis of £0 (2024: £2,512) were outstanding at the year end. Loans will be repaid when funds permit.

A loan of £202,496 (£222,400 - 2024) was outstanding at 30 April 2025 to Walker Timber & Fencing Centre Limited on an interest free basis. Some of the directors and shareholders of Woodside Property Rentals Limited are also directors and shareholders of Walker Timber & Fencing Centre Limited.