Woodrow Developments Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 4228688

Woodrow Developments Limited

Filleted Unaudited Financial Statements

30 June 2025

Woodrow Developments Limited

Statement of Financial Position

30 June 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		28,120	30,997

Current assets

Stocks		25,356	27,784
Debtors	6	116,164	107,250
Cash at bank and in hand		116,395	77,886
		--------	--------
		257,915	212,920

Creditors: amounts falling due within one year	7	221,490		172,117
		--------		--------
Net current assets			36,425	40,803
			-------	-------
Total assets less current liabilities			64,545	71,800

Creditors: amounts falling due after more than one year	8		–	9,167

Provisions

Taxation including deferred tax	7,031	7,750
	-------	-------
Net assets	57,514	54,883
	-------	-------

Capital and reserves

Called up share capital	100	100
Profit and loss account	57,414	54,783
	-------	-------
Shareholders funds	57,514	54,883
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Woodrow Developments Limited

Statement of Financial Position (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 8 December 2025 , and are signed on behalf of the board by:

Mr G M Spicer
Director

Company registration number: 4228688

Woodrow Developments Limited

Notes to the Financial Statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5-11 Mortimer Street, London, W1T 3HS.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

(b) Revenue recognition

The turnover shown in the profit and loss account represents amounts due for work undertaken during the year, exclusive of Value Added Tax.

(c) Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

(d) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

(e) Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & Machinery	-	25% reducing balance
Motor Vehicles	-	25% reducing balance
Equipment	-	25% reducing balance

(f) Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

(g) Hire purchase contracts

Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight line basis.

(h) Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 11 (2024: 11 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 July 2024	11,313	99,272	14,165	124,750
Additions	1,099	4,150	1,390	6,639
Disposals	( 3,580)	–	( 5,563)	( 9,143)
	-------	--------	-------	--------
At 30 June 2025	8,832	103,422	9,992	122,246
	-------	--------	-------	--------
Depreciation
At 1 July 2024	7,777	76,622	9,354	93,753
Charge for the year	951	6,000	1,256	8,207
Disposals	( 3,262)	–	( 4,572)	( 7,834)
	-------	--------	-------	--------
At 30 June 2025	5,466	82,622	6,038	94,126
	-------	--------	-------	--------
Carrying amount
At 30 June 2025	3,366	20,800	3,954	28,120
	-------	--------	-------	--------
At 30 June 2024	3,536	22,650	4,811	30,997
	-------	--------	-------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	109,437	103,689
Other debtors	6,727	3,561
	--------	--------
	116,164	107,250
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	9,167	10,000
Trade creditors	104,740	62,894
Corporation tax	9,651	8,545
Social security and other taxes	6,737	19,528
Other creditors	91,195	71,150
	--------	--------
	221,490	172,117
	--------	--------

Other creditors falling due within one year includes £nil (2024: £5,550) in respect of amounts due under hire purchase agreements which are secured by means of a charge on the company's motor vehicles.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	9,167
	---	------

9. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	17,500	17,500
Later than 1 year and not later than 5 years	70,000	70,000
Later than 5 years	64,225	81,725
	--------	--------
	151,725	169,225
	--------	--------