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REGISTERED NUMBER: 05475401 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

WOODGROUND LIMITED

WOODGROUND LIMITED (REGISTERED NUMBER: 05475401)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WOODGROUND LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2025







DIRECTORS: Mr R S Myers
Mrs H McGarry



SECRETARY: Mr S J Marsland



REGISTERED OFFICE: Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



REGISTERED NUMBER: 05475401 (England and Wales)



ACCOUNTANTS: Marsland Nash Associates
Chartered Tax Advisers, Accountants
and Business Consultants
Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



BANKERS: Natwest
59 High Street
Exeter
Devon
EX3 3DL

WOODGROUND LIMITED (REGISTERED NUMBER: 05475401)

BALANCE SHEET
31 AUGUST 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 5,716 6,223
5,716 6,223

CURRENT ASSETS
Debtors 6 59,361 72,987
Cash at bank 3,024 16
62,385 73,003
CREDITORS
Amounts falling due within one year 7 52,252 61,770
NET CURRENT ASSETS 10,133 11,233
TOTAL ASSETS LESS CURRENT LIABILITIES 15,849 17,456

CREDITORS
Amounts falling due after more than one
year

8

13,091

23,274
NET ASSETS/(LIABILITIES) 2,758 (5,818 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,658 (5,918 )
SHAREHOLDERS' FUNDS 2,758 (5,818 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

WOODGROUND LIMITED (REGISTERED NUMBER: 05475401)

BALANCE SHEET - continued
31 AUGUST 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2025 and were signed on its behalf by:




Mr R S Myers - Director



Mrs H McGarry - Director


WOODGROUND LIMITED (REGISTERED NUMBER: 05475401)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025


1. STATUTORY INFORMATION

Woodground 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.

Turnover
Turnover represents net fees received adjusted for opening and closing debtors.

Goodwill
The goodwill was acquired in 2006 and has been written down to £nil.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2024
and 31 August 2025 80,000
AMORTISATION
At 1 September 2024
and 31 August 2025 80,000
NET BOOK VALUE
At 31 August 2025 -
At 31 August 2024 -

WOODGROUND LIMITED (REGISTERED NUMBER: 05475401)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2025


5. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 September 2024 45,437 19,201 2,226 66,864
Additions - 402 114 516
At 31 August 2025 45,437 19,603 2,340 67,380
DEPRECIATION
At 1 September 2024 40,969 17,446 2,226 60,641
Charge for year 672 323 28 1,023
At 31 August 2025 41,641 17,769 2,254 61,664
NET BOOK VALUE
At 31 August 2025 3,796 1,834 86 5,716
At 31 August 2024 4,468 1,755 - 6,223

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 1,000 3,250
Other debtors 14,991 13,346
Directors' current accounts 43,370 56,391
59,361 72,987

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 13,960 22,813
Trade creditors 850 850
Tax 12,156 18,291
Social security and other taxes 3,494 2,833
Other creditors 665 539
Directors' current accounts 45 -
Accrued expenses 21,082 16,444
52,252 61,770

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 1-2 years 13,091 10,183
Bank loans - 2-5 years - 13,091
13,091 23,274

WOODGROUND LIMITED (REGISTERED NUMBER: 05475401)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2025


9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank overdrafts 13,960 22,813

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 August 2025 and the period ended 31 August 2024:

2025 2024
£    £   
Mr R S Myers
Balance outstanding at start of year 56,391 75,009
Amounts advanced 8,325 93,129
Amounts repaid (21,346 ) (111,747 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 43,370 56,391

Mrs H McGarry
Balance outstanding at start of year - -
Amounts advanced 45,062 -
Amounts repaid (45,107 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (45 ) -