Company Registration No. 08956135 (England and Wales)
Woodcraft Solutions Limited
Unaudited accounts
for the year ended 31 May 2025
Woodcraft Solutions Limited
Unaudited accounts
Contents
Woodcraft Solutions Limited
Company Information
for the year ended 31 May 2025
Directors
Jonathan Shorten
Sara Shorten
Company Number
08956135 (England and Wales)
Registered Office
3 Ipswich Grove
Norwich
Norfolk
NR2 2LU
Accountants
Mrs A C Howell
13 Ipswich Grove
Norwich
Norfolk
NR2 2LU
Woodcraft Solutions Limited
Statement of financial position
as at 31 May 2025
Tangible assets
28,802
36,842
Cash at bank and in hand
145,092
121,698
Creditors: amounts falling due within one year
(50,724)
(137,983)
Net current assets
127,368
114,597
Total assets less current liabilities
156,170
151,439
Provisions for liabilities
Deferred tax
(7,201)
(9,211)
Net assets
148,969
142,228
Called up share capital
350
350
Profit and loss account
148,619
141,878
Shareholders' funds
148,969
142,228
For the year ending 31 May 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 10 January 2026 and were signed on its behalf by
Jonathan Shorten
Director
Company Registration No. 08956135
Woodcraft Solutions Limited
Notes to the Accounts
for the year ended 31 May 2025
Woodcraft Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 08956135. The registered office is 3 Ipswich Grove, Norwich, Norfolk, NR2 2LU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Woodcraft Solutions Limited
Notes to the Accounts
for the year ended 31 May 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
9,653
61,378
9,757
80,788
At 31 May 2025
10,563
61,378
10,403
82,344
At 1 June 2024
6,380
30,715
6,851
43,946
Charge for the year
1,044
7,665
887
9,596
At 31 May 2025
7,424
38,380
7,738
53,542
At 31 May 2025
3,139
22,998
2,665
28,802
At 31 May 2024
3,273
30,663
2,906
36,842
Amounts falling due within one year
Trade debtors
13,401
130,882
Accrued income and prepayments
19,599
-
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
23,390
47,415
Taxes and social security
16,080
55,592
Loans from directors
10,622
5,321
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Average number of employees
During the year the average number of employees was 3 (2024: 2).