REGISTERED NUMBER: 03518409 (England and Wales)

WOODENBALE 2000 LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N S Lewis

Mrs J L Lewis

J H Lewis

Mrs C C Ayres

SECRETARY:

Mrs J L Lewis

REGISTERED OFFICE:

Castle Chambers

6 Westgate Hill

Pembroke

Pembrokeshire

SA71 4LB

REGISTERED NUMBER:

03518409 (England and Wales)

ACCOUNTANTS:

Bevan Buckland LLP

Castle Chambers

6 Westgate Hill

Pembroke

Pembrokeshire

SA71 4LB

BANKERS:

Lloyds TSB Bank plc

35 Dimond Street

Pembroke Dock

Pembrokeshire

SA72 6BX

FIXED ASSETS

Tangible assets

4

883,491

907,966

CURRENT ASSETS

Stocks

655,125

861,859

Debtors

5

1,289,869

993,152

Cash at bank

44

44

1,945,038

1,855,055

CREDITORS

Amounts falling due within one year

6

1,357,846

1,210,701

NET CURRENT ASSETS

587,192

644,354

TOTAL ASSETS LESS CURRENT LIABILITIES

1,470,683

1,552,320

CREDITORS

Amounts falling due after more than one year

7

182,544

205,610

NET ASSETS

1,288,139

1,346,710

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,288,137

1,346,708

SHAREHOLDERS' FUNDS

1,288,139

1,346,710

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

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

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 31 December 2025 and were signed on its behalf by:

N S Lewis - Director

1.	STATUTORY INFORMATION

Woodenbale 2000 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.

Freehold property

-

2% straight line

Plant and Machinery

-

15% reducing balance

Motor vehicles

-

25% reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2024 - 34 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

Machinery

£

£

£

COST

At 1 April 2024

300,280

171,239

662,318

Additions

-

-

84,000

Disposals

-

-

(62,000

)

At 31 March 2025

300,280

171,239

684,318

DEPRECIATION

At 1 April 2024

65,666

19,122

338,222

Charge for year

6,006

8,561

56,647

Eliminated on disposal

-

-

(17,205

)

At 31 March 2025

71,672

27,683

377,664

NET BOOK VALUE

At 31 March 2025

228,608

143,556

306,654

At 31 March 2024

234,614

152,117

324,096

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

407,870

3,267

1,544,974

Additions

79,885

-

163,885

Disposals

(19,750

)

-

(81,750

)

At 31 March 2025

468,005

3,267

1,627,109

DEPRECIATION

At 1 April 2024

211,147

2,851

637,008

Charge for year

68,228

416

139,858

Eliminated on disposal

(16,043

)

-

(33,248

)

At 31 March 2025

263,332

3,267

743,618

NET BOOK VALUE

At 31 March 2025

204,673

-

883,491

At 31 March 2024

196,723

416

907,966

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,279,869

979,497

Other debtors

10,000

13,655

1,289,869

993,152

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

121,177

140,343

Hire purchase contracts

103,374

79,359

Trade creditors

654,502

700,442

Taxation and social security

263,606

113,036

Other creditors

215,187

177,521

1,357,846

1,210,701

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

27,253

43,236

Other creditors

155,291

162,374

182,544

205,610

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

42,814

58,375

On 12 April 2013 the Company signed a Debenture with Lloyds Bank PLC.

On 17 June 2013 the Company agreed a Mortgage Charge for £170,000 with Lloyds Bank PLC.

9.	RELATED PARTY DISCLOSURES

In 2002 the Company worked on a house being built by the directors. Further work was carried out in 2007. At this years balance sheet date £20,500 (2024 £20,500) is included in work-in-progress. There was no debtor balance at each date. The work was undertaken under normal trading terms.

During the year the directors two children were employed by the Company on a normal market salary.

The company loaned £86,263 (2024 £73,263) from a Company of which the directors are both directors of and is outstanding at the Balance Sheet date.

During the year the Company traded at a fair market value with a partnership of which the directors both have a 25% share, on normal trading terms. At the year end £92,864 (2024 £92,864) is included in trade debtors and £85,700 (2024 £85,700) is included in work in progress.

During the year the Company traded at a fair market value with a Company of which Mr N S Lewis is a director, on normal trading terms. At the year end £nil (2024 £nil) is included in trade debtors. The company also loaned £55,566 (2024 £49,566) and is outstanding at the Balance Sheet date and included in other creditors.

During the year the Company traded at a fair market value with a Company of which Mr N S Lewis and Mrs J L Lewis are directors, on normal trading terms. At the year end £926,204 (2024 £34,199) is included in trade debtors.

10.	ULTIMATE CONTROL

Mr N S Lewis and Mrs J Lewis both directors of the Company and own all the share capital and therefore have joint control.

11.	BOUNCE BACK LOAN

Bounce Back Loan received in 2021 £50,000.

* The UK Government will pay the interest for the first 12 months of the term of the Bounce Back Loan.

After this period there is a fixed interest rate of 2.5%