| Registered number: 03963997 | ||||||||
| FOR THE YEAR ENDED 30 APRIL 2025 | ||||||||
| Prepared By: | ||||||||
| Reed-Ransted | ||||||||
| Chartered Accountants | ||||||||
| 2 Burhill Grove | ||||||||
| Pinner | ||||||||
| Middlesex | ||||||||
| HA5 3DW | ||||||||
| STEPHEN J WOODWARD SURVEYORS LTD | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 30 APRIL 2025 | ||||||||
| DIRECTORS | ||||||||
| SECRETARY | ||||||||
| REGISTERED OFFICE | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 03963997 | ||||||||
| ACCOUNTANTS | ||||||||
| Reed-Ransted | ||||||||
| Chartered Accountants | ||||||||
| 2 Burhill Grove | ||||||||
| Pinner | ||||||||
| Middlesex | ||||||||
| HA5 3DW | ||||||||
| STEPHEN J WOODWARD SURVEYORS LTD | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED30 APRIL 2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| STEPHEN J WOODWARD SURVEYORS LTD | ||||||||
| BALANCE SHEET AT | ||||||||||
| Registered number: 03963997 | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 2 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 3 | |||||||||
| Cash at bank and in hand | ||||||||||
| 78,576 | 274,532 | |||||||||
| CREDITORS: Amounts falling due within one year | 4 | |||||||||
| NET CURRENT (LIABILITIES) / ASSETS | ( | 147,447 | ||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( | |||||||||
| PROVISIONS FOR LIABILITIES AND CHARGES | 6 | |||||||||
| NET (LIABILITIES) / ASSETS | ( | |||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 7 | |||||||||
| Capital redemption reserve | 8 | |||||||||
| Profit and loss account | (7,174) | 153,681 | ||||||||
| SHAREHOLDERS' FUNDS | ( | |||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| STEPHEN J WOODWARD SURVEYORS LTD | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 30 APRIL 2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Fixtures and Fittings | reducing balance 25% | |||||||
| Equipment | reducing balance 25% | |||||||
| 1c. Pension Costs | ||||||||
| The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. | ||||||||
| 1d. Leases | ||||||||
| Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term. | ||||||||
| STEPHEN J WOODWARD SURVEYORS LTD | ||||||||
| 2. TANGIBLE FIXED ASSETS | ||||||
| Fixtures | ||||||
| and Fittings | Equipment | Total | ||||
| £ | £ | £ | ||||
| Cost | ||||||
| At 1 May 2024 | 19,739 | 40,408 | 60,147 | |||
| Additions | 89 | 4,565 | 4,654 | |||
| At 30 April 2025 | 19,828 | 44,973 | 64,801 | |||
| Depreciation | ||||||
| At 1 May 2024 | 18,674 | 33,539 | 52,213 | |||
| For the year | 289 | 2,859 | 3,148 | |||
| At 30 April 2025 | 18,963 | 36,398 | 55,361 | |||
| Net Book Amounts | ||||||
| At 30 April 2025 | 9,440 | |||||
| At 30 April 2024 | 7,934 | |||||
| 3. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 16,729 | 51,573 | ||||||
| Prepayments | 7,276 | 13,106 | ||||||
| 24,005 | 64,679 | |||||||
| 4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| UK corporation tax | 38,795 | 51,423 | ||||||
| VAT | 25,927 | 35,702 | ||||||
| PAYE control | 12,620 | 17,191 | ||||||
| Other creditors | 1,616 | 1,423 | ||||||
| Accruals | 14,530 | 21,346 | ||||||
| 93,488 | 127,085 | |||||||
| STEPHEN J WOODWARD SURVEYORS LTD | ||||||||
| 5. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 14 | |||||
| 6. PROVISIONS FOR LIABILITIES | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Deferred taxation | 1,500 | 1,500 | ||||||
| 1,500 | 1,500 | |||||||
| 7. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 100 | 100 | |||||||
| 10 | 100 | |||||||
| 2 | ||||||||
| 112 | 200 | |||||||
| New shares issued during period: | ||||||||
| -90 | -90 | |||||||
| 2 | 2 | |||||||
| (88) | - | |||||||
| During the year the company purchased 90 of its issued B shares and issued 2 £1 preference shares at par. | ||||||||
| 8. OTHER RESERVES | 2025 | 2024 | ||||
| £ | £ | |||||
| Capital redemption reserve | 90 | - | ||||
| 90 | - | |||||
| STEPHEN J WOODWARD SURVEYORS LTD | ||||||||
| 9. OTHER FINANCIAL COMMITMENTS | ||||||||
| At 30 April 2025 the company was committed to making the following payments under non-cancellable operating leases: | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Operating Leases which expire: | ||||||||
| Within one year | - | 2,962 | ||||||
| Within two to five years | 28,000 | 28,000 | ||||||
| 10. CONTROLLING PARTY | ||||||||
| At the year-end the company was controlled by Woodward Surveyors Trustees Limited, an employee ownership trust. | ||||||||
| 11. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||
| 12. SUBSEQUENT EVENTS | ||||||||
| On 1 May 2024 a special resolution was passed to adopt new articles of association in connection with the establishment of an employee ownership trust. | ||||||||