WOODS BUILDERS LIMITED


Directors	WOODS, Garry Terry
	WOODS, Susan Elizabeth


Company Secretary	WOODS, Susan Elizabeth


Registered Address	42a Throwley Way
	Sutton
	SM1 4AF


Registered Number	04639493 (England and Wales)

Statement of Financial Position
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		22,877		29,792
			22,877		29,792
Current assets
Debtors	4	32,158		35,548
Cash at bank and on hand		101,897		129,307
		134,055		164,855
Creditors amounts falling due within one year	5	(201,575)		(139,116)
Net current assets (liabilities)			(67,520)		25,739
Total assets less current liabilities			(44,643)		55,531
Creditors amounts falling due after one year	6		(39,669)		(119,848)
Provisions for liabilities	8		-		(5,660)
Net assets			(84,312)		(69,977)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(84,412)		(70,077)
Shareholders' funds			(84,312)		(69,977)

The company was entitled to exemption from audit for this reporting period 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.
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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 2 October 2025, and are signed on its behalf by:

WOODS, Garry Terry
Director

WOODS, Susan Elizabeth
Director

Registered Company No. 04639493

WOODS BUILDERS LIMITED

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Current taxation
	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
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	25
	Vehicles	25
	Office Equipment	25

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 February 24	3,000	104,805	1,188	1,454	110,447
Additions	-	-	-	711	711
At 31 January 25	3,000	104,805	1,188	2,165	111,158
Depreciation and impairment
At 01 February 24	2,993	75,819	976	867	80,655
Charge for year	2	7,247	53	324	7,626
At 31 January 25	2,995	83,066	1,029	1,191	88,281
Net book value
At 31 January 25	5	21,739	159	974	22,877
At 31 January 24	7	28,986	212	587	29,792

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	29,698	27,428
Total	29,698	27,428

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	40,719	34,867
Bank borrowings and overdrafts	47,087	42,582
Taxation and social security	32,418	16,854
Finance lease and HP contracts	46,964	10,860
Other creditors	34,387	33,953
Total	201,575	139,116

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	39,669	72,885
Other creditors	-	46,963
Total	39,669	119,848

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	46,964		57,823

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	-	5,660
Total	-	5,660

9.	Further information regarding the company's financial position
	In view of the company's insolvent balance sheet, the directors are aware of their responsibilities of trading whilst insolvent. The company directors will continue to support the company until such time as the balance sheet is solvent.