REGISTERED NUMBER: 05077550 (England and Wales)

Woodhouse Lane Development Company

Limited

Unaudited Financial Statements For The Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Bailey

P Bailey

SECRETARY:

K Bailey

REGISTERED OFFICE:

Sidings Court

Lakeside

Doncaster

South Yorkshire

DN4 5NU

REGISTERED NUMBER:

05077550 (England and Wales)

ACCOUNTANTS:

Kingswood Allotts Limited

Chartered Accountants

Sidings Court

Lakeside

Doncaster

South Yorkshire

DN4 5NU

FIXED ASSETS

Tangible assets

4

2,571

3,431

CURRENT ASSETS

Stocks

5

946,810

710,377

Debtors

6

274,110

141,257

Cash at bank

45,029

134,544

1,265,949

986,178

CREDITORS

Amounts falling due within one year

7

1,036,842

773,115

NET CURRENT ASSETS

229,107

213,063

TOTAL ASSETS LESS CURRENT LIABILITIES

231,678

216,494

CREDITORS

Amounts falling due after more than one year

8

(19,681

)

(24,144

)

PROVISIONS FOR LIABILITIES

9

(643

)

(860

)

NET ASSETS

211,354

191,490

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

211,254

191,390

SHAREHOLDERS' FUNDS

211,354

191,490

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

K Bailey - Director

1.	STATUTORY INFORMATION

Woodhouse Lane Development Company 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 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.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Site costs carried forward represent the costs incurred to date of acquisition and development less such appropriate sum attributable to sold units.

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 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

10,035

389

19,271

3,581

33,276

DEPRECIATION

At 1 January 2024

10,035

389

15,843

3,578

29,845

Charge for year

-

-

857

3

860

At 31 December 2024

10,035

389

16,700

3,581

30,705

NET BOOK VALUE

At 31 December 2024

-

-

2,571

-

2,571

At 31 December 2023

-

-

3,428

3

3,431

5.

STOCKS

2024

2023

£

£

Land and property under

development

946,810

710,377

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts recoverable on contracts

-

13,500

Other debtors

274,110

127,757

274,110

141,257

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

74,444

74,445

Trade creditors

238,195

238,195

Taxation

15,859

11,016

Other creditors

159,233

32,348

Directors' current accounts

549,111

417,111

1,036,842

773,115

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

4,444

4,444

Bank loans - 2-5 years

13,333

13,333

Bank loans more than 5 years

1,904

6,367

19,681

24,144

2024

2023

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

1,904

6,367

9.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

Accelerated capital allowances

643

860

Deferred

tax

£

Balance at 1 January 2024

860

Movement in year

(217

)

Balance at 31 December 2024

643

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary Shares

£1

100

100

11.	RELATED PARTY DISCLOSURES

Included in creditors is £549,111 owing to the directors of the company on their loan accounts (2023: £417,111). No interest has been charged on the loans in the year and which are without formal repayment terms (2023: £nil).