Wooden Leisure Ltd

Wooden Leisure Ltd
Contents Page
For the year ended 28 February 2025

Statement of financial position	1
Notes to the financial statements	2

Registered Number: 09418078 Wooden Leisure Ltd
Statement of Financial Position
As at 28 February 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	54,655	35,161
		54,655	35,161
Current assets
Stocks		30,500	30,500
Debtors		155,403	201,100
Cash at bank and in hand		19,041	92,804
		204,944	324,404
Creditors: amount falling due within one year		(128,353)	(139,950)
Net current assets		76,591	184,454

Total assets less current liabilities		131,246	219,615
Creditors: amount falling due after more than one year		(76,413)	(69,730)
Net assets		54,833	149,885

Capital and reserves
Called up share capital	4	101	101
Profit and loss account		54,732	149,784
Shareholders' funds		54,833	149,885

For the year ended 28 February 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 accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

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

The financial statements were approved by the board of directors on 10 November 2025 and were signed on its behalf by:

-------------------------------
Crispin Trigg
Director

1

Wooden Leisure Ltd
Notes to the Abridged Financial Statements
For the year ended 28 February 2025

General Information

Wooden Leisure Ltd is a private company, limited by shares, registered in England and Wales, registration number 09418078, registration address 18 Main Street, Cottesmore, Oakham, LE15 7DJ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	20% Straight Line
Plant and Machinery	20% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 5 (2024 : 5).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 March 2024	23,929	124,465	148,394
Additions	-	48,854	48,854
Disposals	-	(35,353)	(35,353)
At 28 February 2025	23,929	137,966	161,895
Depreciation
At 01 March 2024	23,929	89,303	113,232
Charge for year	-	27,593	27,593
On disposals	-	(33,585)	(33,585)
At 28 February 2025	23,929	83,311	107,240
Net book values
Closing balance as at 28 February 2025	-	54,655	54,655
Opening balance as at 01 March 2024	-	35,161	35,161

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
101 Class A shares of £1.00 each	101		101
	101		101

2

Registered Number: 09418078
England and Wales
Abridged Accounts

for the year ended 28 February 2025
for
WOODEN LEISURE LTD