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Squirrel Woodland Rural Industries Ltd
Registered Number:07654123
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
Squirrel Woodland Rural Industries Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
07654123
As at 31 December 2024
Squirrel Woodland Rural Industries Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
101,012
107,691
2
101,012
107,691
Current assets
Trade and other receivables
81,514
80,374
3
939
Cash and cash equivalents
9,850
90,224
82,453
Trade and other payables: amounts falling due within one year
(237,600)
(233,729)
4
(155,147)
(143,505)
Net current liabilities
Total assets less current liabilities
(42,493)
(47,456)
Trade and other payables: amounts falling due after more than
one year
(80,920)
(40,392)
5
(82,885)
Net liabilities
(128,376)
Capital and reserves
Called up share capital
100
100
Retained earnings
(82,985)
(128,476)
(82,885)
(128,376)
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Jacqueline Keulemans Director
These financial statements were approved and authorised for issue by the Board on 30 September 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2024
Squirrel Woodland Rural Industries Ltd
Notes to the Financial Statements
Statutory Information
Squirrel Woodland Rural Industries Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07654123.
Registered address:
Squirrel Lodge
Rumstead Lane
Stockbury, Sittingbourne
Kent
ME9 7RT
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The
Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
25% Reducing balance
Plant and Machinery
25% Reducing balance
33% Reducing balance
Computer Equipment
25% Reducing balance
Motor Vehicles
25% Reducing balance
Furniture and Fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 31 December 2024
Squirrel Woodland Rural Industries Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
£
£
Cost or valuation
At 01 January 2024
335,768
11,631
185,822
26,445
73,329
38,541
28,973
1,160
6,230
-
21,583
-
Additions
At 31 December
2024
38,541
26,445
192,052
12,791
364,741
94,912
Provision for depreciation and impairment
At 01 January 2024
228,077
6,893
116,486
20,261
55,634
28,803
Charge for year
35,652
1,854
18,891
1,546
10,927
2,434
At 31 December
2024
263,729
8,747
135,377
21,807
66,561
31,237
At 31 December
2024
Net book value
7,304
28,351
4,638
56,675
4,044
101,012
9,738
17,695
6,184
69,336
4,738
107,691
At 31 December
2023
3. Trade and other receivables
2023
2024
£
£
Trade debtors
4,377
9,492
Other debtors
75,997
72,022
81,514
80,374
The debtors above include the following amounts falling due after more than one year:
Trade debtors
-
9,492
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
38,138
38,106
Trade creditors
41,338
34,030
Taxation and social security
11,836
13,063
Other creditors
142,417
152,401
233,729
237,600
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6
For the year ended 31 December 2024
Squirrel Woodland Rural Industries Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
40,392
80,920
6. Average number of persons employed
During the year the average number of employees was 3 (2023 : 4)
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