Company Registration No. 02488918 (England and Wales)
Woodcraft Timber Buildings Limited
Unaudited accounts
for the period from 1 April 2024 to 30 March 2025
Woodcraft Timber Buildings Limited
Unaudited accounts
Contents
Woodcraft Timber Buildings Limited
Company Information
for the period from 1 April 2024 to 30 March 2025
Directors
Kieran McDonagh
Mitchell McDonagh
Company Number
02488918 (England and Wales)
Registered Office
Unit 16, Redfields Industrial Park
Church Crookham
Fleet
GU52 0RD
United Kingdom
Accountants
James Norman Business Advisory Limited
7 High Street
Windsor
SL4 1LD
Woodcraft Timber Buildings Limited
Statement of financial position
as at 30 March 2025
Tangible assets
10,495
13,765
Cash at bank and in hand
2,295
4,014
Creditors: amounts falling due within one year
(21,218)
(30,182)
Net current assets
230,752
227,097
Total assets less current liabilities
241,247
240,862
Provisions for liabilities
Net assets
238,963
240,862
Called up share capital
2
2
Profit and loss account
238,961
240,860
Shareholders' funds
238,963
240,862
For the period ending 30 March 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by
Mitchell McDonagh
Director
Company Registration No. 02488918
Woodcraft Timber Buildings Limited
Notes to the Accounts
for the period from 1 April 2024 to 30 March 2025
Woodcraft Timber Buildings Limited is a private company, limited by shares, registered in England and Wales, registration number 02488918. The registered office is Unit 16, Redfields Industrial Park, Church Crookham, Fleet, GU52 0RD, United Kingdom.
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Straight Line
Plant & machinery
20% Straight Line
Motor vehicles
20% Straight Line
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 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.
Woodcraft Timber Buildings Limited
Notes to the Accounts
for the period from 1 April 2024 to 30 March 2025
3
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
34,411
5,266
10,995
50,672
At 30 March 2025
34,411
5,449
10,995
50,855
At 1 April 2024
20,646
5,266
10,995
36,907
Charge for the period
3,441
12
-
3,453
At 30 March 2025
24,087
5,278
10,995
40,360
At 30 March 2025
10,324
171
-
10,495
At 31 March 2024
13,765
-
-
13,765
Amounts falling due within one year
Amounts due from group undertakings etc.
241,662
241,662
Accrued income and prepayments
108
3,698
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
13,389
8,541
Trade creditors
5,426
13,233
Taxes and social security
855
4,714
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
7
Transactions with related parties
Within Debtors is £241,662 (2024 - £241,662) owed from Wroxton Limited which is a company owned by the directors.
Woodcraft Timber Buildings Limited
Notes to the Accounts
for the period from 1 April 2024 to 30 March 2025
Wroxton Limited is the parent company. The registered office address is Unit 16 Redfields Industrial Park, Fleet, Hampshire, United Kingdom, GU52 0RD.
Wroxton Limited is also itself a subsidiary company. The parent and ultimate holding company is Wroxton Group Holdings Limited.
9
Average number of employees
During the period the average number of employees was 0 (2024: 0).