EXECUTIVE WOOD PRODUCTS LIMITED

Company Registration Number:
NI049345 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 January 2025

Period of accounts

Start date: 31 January 2024

End date: 30 January 2025

EXECUTIVE WOOD PRODUCTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 January 2025

Balance sheet
Notes

EXECUTIVE WOOD PRODUCTS LIMITED

Balance sheet

As at 30 January 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 247,727 96,710
Total fixed assets: 247,727 96,710
Current assets
Stocks: 79,921 141,344
Debtors:   280,190 228,399
Cash at bank and in hand: 320,993 217,903
Total current assets: 681,104 587,646
Creditors: amounts falling due within one year:   (438,413) (265,717)
Net current assets (liabilities): 242,691 321,929
Total assets less current liabilities: 490,418 418,639
Creditors: amounts falling due after more than one year:   (22,708) (43,310)
Provision for liabilities: (79,934) (20,856)
Total net assets (liabilities): 387,776 354,473
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 387,676 354,373
Shareholders funds: 387,776 354,473

The notes form part of these financial statements

EXECUTIVE WOOD PRODUCTS LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 October 2025
and signed on behalf of the board by:

Name: Kevin McCoy
Status: Director

The notes form part of these financial statements

EXECUTIVE WOOD PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 January 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows: Land and buildings freehold - 4% straight line Plant and machinery - 20% reducing balance Fixtures, fittings and equipment - 20% reducing balance Motor vehicles - 25% reducing balance The carrying value of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Intangible fixed assets and amortisation policy

Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets when they were acquired. Purchased goodwill is capitalised in the balance sheet and amortised on a straight line basis over its economic useful life of 10 years which is estimated to be the period during which benefits are expected to arise. On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.

EXECUTIVE WOOD PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 January 2025

2. Employees

2025 2024
Average number of employees during the period 9 9

EXECUTIVE WOOD PRODUCTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 January 2025

3. Tangible Assets

Total
Cost £
At 31 January 2024 513,564
Additions 171,087
At 30 January 2025 684,651
Depreciation
At 31 January 2024 416,854
Charge for year 20,070
At 30 January 2025 436,924
Net book value
At 30 January 2025 247,727
At 30 January 2024 96,710