Woody Clark Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03531954

Woody Clark Limited

Filleted Unaudited Financial Statements

For the year ended

30 April 2025

Woody Clark Limited

Statement of Financial Position

30 April 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		532,209		532,028

Current assets

Stocks		933	12,086
Debtors	6	6,506	65,840
Cash at bank and in hand		320,899	307,688
		---------	---------
		328,338	385,614

Creditors: amounts falling due within one year	7	85,943		99,925
		---------		---------
Net current assets			242,395		285,689
			---------		---------
Total assets less current liabilities			774,604		817,717

Provisions

Taxation including deferred tax	4,757	4,712
	---------	---------
Net assets	769,847	813,005
	---------	---------

Capital and reserves

Called up share capital	100	100
Revaluation reserve	49,910	49,910
Profit and loss account	719,837	762,995
	---------	---------
Shareholders funds	769,847	813,005
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Woody Clark Limited

Statement of Financial Position (continued)

30 April 2025

These financial statements were approved by the board of directors and authorised for issue on 3 October 2025 , and are signed on behalf of the board by:

Mr P B Clark
Director

Company registration number: 03531954

Woody Clark Limited

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 181 Hills Road, Cambridge, CB2 8RN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the value of goods and services supplied during the year, excluding value added tax and trade discounts.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Pension costs

The company operates a defined contribution pension scheme for the directors. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & machinery	-	33% straight line
Fixtures & fittings	-	20% straight line
Equipment	-	33% straight line

Investment properties

Investment properties are shown at their open market value. The surplus or deficit arising from the annual revaluation is transferred to the investment revaluation reserve unless a deficit, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 3 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Equipment	Total
	£	£	£	£	£
Cost
At 1 May 2024	529,628	4,815	12,657	7,903	555,003
Additions	–	–	–	1,165	1,165
Disposals	–	–	( 300)	–	( 300)
	---------	-------	--------	-------	---------
At 30 April 2025	529,628	4,815	12,357	9,068	555,868
	---------	-------	--------	-------	---------
Depreciation
At 1 May 2024	–	4,132	12,457	6,386	22,975
Charge for the year	–	51	100	833	984
Disposals	–	–	( 300)	–	( 300)
	---------	-------	--------	-------	---------
At 30 April 2025	–	4,183	12,257	7,219	23,659
	---------	-------	--------	-------	---------
Carrying amount
At 30 April 2025	529,628	632	100	1,849	532,209
	---------	-------	--------	-------	---------
At 30 April 2024	529,628	683	200	1,517	532,028
	---------	-------	--------	-------	---------

Tangible assets held at valuation

Land and buildings consists of an investment property. In the directors opinion, the market value of the property was £529,628 as at 30 April 2025 (2024: £529,628). The original cost of the investment property was £475,607 as at 30 April 2025 (2024: £475,607).

6. Debtors

	2025	2024
	£	£
Trade debtors	3,099	–
Other debtors	3,407	65,840
	-------	--------
	6,506	65,840
	-------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	3,628	4,059
Social security and other taxes	21,662	64,295
Other creditors	60,653	31,571
	--------	--------
	85,943	99,925
	--------	--------