REGISTERED NUMBER: 02807988 (England and Wales)

Financial Statements for the Year Ended 31 October 2024

for

Woodheyes Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A S Cohen

REGISTERED OFFICE:

34 Highfield Gardens

Golders Green

LONDON

NW11 9HB

BUSINESS ADDRESS:

231 Hinckley Road

Leicester Forest East

Leicester

LE3 3PH

REGISTERED NUMBER:

02807988 (England and Wales)

ACCOUNTANTS:

Passer Chevern & Co

Chartered Accountants

5 Spring Villa Road

Edgware

Middlesex

HA8 7EB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,322,798

1,241,076

1,322,798

1,241,076

CURRENT ASSETS

Debtors

6

487,223

323,165

Cash at bank

7,019

25,270

494,242

348,435

CREDITORS

Amounts falling due within one year

7

306,961

292,536

NET CURRENT ASSETS

187,281

55,899

TOTAL ASSETS LESS CURRENT LIABILITIES

1,510,079

1,296,975

CREDITORS

Amounts falling due after more than one year

8

(13,531

)

-

PROVISIONS FOR LIABILITIES

9

(12,985

)

-

ACCRUALS AND DEFERRED INCOME

(47,606

)

(57,658

)

NET ASSETS

1,435,957

1,239,317

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

1,435,857

1,239,217

SHAREHOLDERS' FUNDS

1,435,957

1,239,317

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 September 2025 and were signed by:

A S Cohen - Director

1.	STATUTORY INFORMATION

Woodheyes Limited 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.

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on reducing balance

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 36 (2023 - 40 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2023

and 31 October 2024

33,000

AMORTISATION

At 1 November 2023

and 31 October 2024

33,000

NET BOOK VALUE

At 31 October 2024

-

At 31 October 2023

-

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 November 2023

1,587,277

-

7,660

Additions

-

41,693

-

At 31 October 2024

1,587,277

41,693

7,660

DEPRECIATION

At 1 November 2023

387,075

-

6,504

Charge for year

30,962

-

289

At 31 October 2024

418,037

-

6,793

NET BOOK VALUE

At 31 October 2024

1,169,240

41,693

867

At 31 October 2023

1,200,202

-

1,156

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 November 2023

245,947

-

1,840,884

Additions

80,251

24,700

146,644

At 31 October 2024

326,198

24,700

1,987,528

DEPRECIATION

At 1 November 2023

206,229

-

599,808

Charge for year

29,993

3,678

64,922

At 31 October 2024

236,222

3,678

664,730

NET BOOK VALUE

At 31 October 2024

89,976

21,022

1,322,798

At 31 October 2023

39,718

-

1,241,076

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

67,274

58,477

Amounts owed by group undertakings

260,311

154,470

Amounts owed by participating interests

146,500

100,000

Other debtors

13,138

-

Deferred tax asset

-

10,218

487,223

323,165

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

4,250

-

Trade creditors

29,870

16,914

Amounts owed to group undertakings

88,583

88,244

Tax

112,462

114,468

Social security and other

taxes

16,522

12,807

Accrued expenses

55,274

60,103

306,961

292,536

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

13,531

-

9.	PROVISIONS FOR LIABILITIES

2024

£

Deferred tax

12,985

Deferred

tax

£

Balance at 1 November 2023

(10,218

)

Provided during year

23,203

Balance at 31 October 2024

12,985

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

100

100

100

11.

RESERVES

Retained

earnings

£

At 1 November 2023

1,239,217

Profit for the year

196,640

At 31 October 2024

1,435,857

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Aishel Limited.

13.	LEGAL CHARGE

The freehold property has been charged by way of legal mortgage for the loan of Aishel Limited, the ultimate holding company.