Company Registration No. 13126174 (England and Wales)
WOODFELL ASSET MANAGEMENT LIMITED
Unaudited accounts
for the year ended 31 January 2025
WOODFELL ASSET MANAGEMENT LIMITED
Unaudited accounts
Contents
WOODFELL ASSET MANAGEMENT LIMITED
Statement of financial position
as at 31 January 2025
Tangible assets
39,810
78,370
Cash at bank and in hand
20,770
10,680
Creditors: amounts falling due within one year
(269,894)
(53,699)
Net current liabilities
(173,604)
(19,077)
Total assets less current liabilities
(133,794)
59,293
Creditors: amounts falling due after more than one year
(17,203)
(84,785)
Net liabilities
(150,997)
(25,492)
Called up share capital
100
100
Profit and loss account
(151,097)
(25,592)
Shareholders' funds
(150,997)
(25,492)
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 18 March 2026 and were signed on its behalf by
David Zev Heskovic
Director
Company Registration No. 13126174
WOODFELL ASSET MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 January 2025
WOODFELL ASSET MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13126174. The registered office is TOP FLOOR OFFICE, 237 REGENTS PARK ROAD, LONDON, SELECT, N3 3LF, UNITED KINGDOM.
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
WOODFELL ASSET MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2024
2,493
115,087
117,580
Additions
388
33,456
33,844
Disposals
-
(91,742)
(91,742)
At 31 January 2025
2,881
56,801
59,682
At 1 February 2024
767
38,443
39,210
Charge for the year
528
12,741
13,269
On disposals
-
(32,607)
(32,607)
At 31 January 2025
1,295
18,577
19,872
At 31 January 2025
1,586
38,224
39,810
At 31 January 2024
1,726
76,644
78,370
Amounts falling due within one year
Trade debtors
75,520
48,702
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
(21,184)
Trade creditors
86,076
91,242
Taxes and social security
-
2,331
Loans from directors
-
(18,690)
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
17,203
84,785
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).