Woodstone Surfaces Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 10

Woodstone Surfaces Limited

Company Information

Directors

Miss N J Phillips Mr P Byrne

Registered office

15 Bedford Street Ampthill Bedford Bedfordshire MK45 2LU

Accountants

Michael J Emery & Co Limited Chartered Accountants22 St. John Street Newport Pagnell Buckinghamshire MK16 8HJ

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Woodstone Surfaces Limited
for the Year Ended 27 June 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Woodstone Surfaces Limited for the year ended 27 June 2025 as set out on pages 3 to 10 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Woodstone Surfaces Limited, as a body, in accordance with the terms of our instructions. Our work has been undertaken solely to prepare for your approval the accounts of Woodstone Surfaces Limited and state those matters that we have agreed to state to the Board of Directors of Woodstone Surfaces Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Woodstone Surfaces Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Woodstone Surfaces Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Woodstone Surfaces Limited. You consider that Woodstone Surfaces Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Woodstone Surfaces Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Michael J Emery & Co Limited
Chartered Accountants
22 St. John Street
Newport Pagnell
Buckinghamshire
MK16 8HJ

16 April 2026

Woodstone Surfaces Limited

(Registration number: 08102980)
Balance Sheet as at 27 June 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	6,613	8,819
Current assets
Debtors	6	264,270	261,628
Cash at bank and in hand		52	91,269
		264,322	352,897
Creditors: Amounts falling due within one year	7	(268,122)	(253,415)
Net current (liabilities)/assets		(3,800)	99,482
Total assets less current liabilities		2,813	108,301
Creditors: Amounts falling due after more than one year	7	-	(109,347)
Provisions for liabilities		(1,306)	(1,741)
Net assets/(liabilities)		1,507	(2,787)
Capital and reserves
Called up share capital		2	2
Retained earnings		1,505	(2,789)
Shareholders' funds/(deficit)		1,507	(2,787)

For the financial year ending 27 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 April 2026 and signed on its behalf by:
 

......................................... Miss N J Phillips Director

Woodstone Surfaces Limited

Notes to the Unaudited Financial Statements for the Year Ended 27 June 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
15 Bedford Street
Ampthill
Bedford
Bedfordshire
MK45 2LU

These financial statements were authorised for issue by the Board on 16 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Woodstone Surfaces Limited

Notes to the Unaudited Financial Statements for the Year Ended 27 June 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	25% reducing balance
Plant and machinery	25% reducing balance
Improvements to property	25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	5 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Woodstone Surfaces Limited

Notes to the Unaudited Financial Statements for the Year Ended 27 June 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Woodstone Surfaces Limited

Notes to the Unaudited Financial Statements for the Year Ended 27 June 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company during the year, including directors, was 4 (2024 - 4).

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 28 June 2024	21,550	21,550
At 27 June 2025	21,550	21,550
Amortisation
At 28 June 2024	21,550	21,550
At 27 June 2025	21,550	21,550
Carrying amount
At 27 June 2025	-	-

Woodstone Surfaces Limited

Notes to the Unaudited Financial Statements for the Year Ended 27 June 2025

5	Tangible assets

	Improvements to property £	Office equipment  £	Other property, plant and equipment  £	Total £
Cost or valuation
At 28 June 2024	23,824	8,280	10,545	42,649
At 27 June 2025	23,824	8,280	10,545	42,649
Depreciation
At 28 June 2024	21,968	3,894	7,968	33,830
Charge for the year	464	1,097	645	2,206
At 27 June 2025	22,432	4,991	8,613	36,036
Carrying amount
At 27 June 2025	1,392	3,289	1,932	6,613
At 27 June 2024	1,856	4,386	2,577	8,819

6

Debtors

Current	2025 £	2024 £
Trade debtors	1,373	10,427
Prepayments	17,874	5,343
Other debtors	245,023	245,858
	264,270	261,628

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	19,055	24,544
Trade creditors		33,869	22,044
Taxation and social security		81,259	72,531
Accruals and deferred income		1,975	2,052
Other creditors		131,964	132,244
		268,122	253,415

Woodstone Surfaces Limited

Notes to the Unaudited Financial Statements for the Year Ended 27 June 2025

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	-	109,347

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	100,180
Other borrowings	-	9,167
	-	109,347

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	19,055	24,544

Woodstone Surfaces Limited

Notes to the Unaudited Financial Statements for the Year Ended 27 June 2025

9	Related party transactions

2025	At 28 June 2024 £	Advances to director £	Repayments by director £	At 27 June 2025 £
Miss N J Phillips
	34,568	111,789	(88,385)	57,973

2024	At 28 June 2023 £	Advances to director £	Repayments by director £	At 27 June 2024 £
Miss N J Phillips
	(1,670)	62,866	(26,627)	34,568

The overdrawn directors loan account to be repaid within 9 months.

Summary of transactions with other related parties

Woodstone Commercial Limited
This is a company under common control.

The balance due from Woodstone Commercial Limited at the balance sheet date is £40.359 (2024: £39,119).


How End Livery Limited
This is a company under common control.

The balance due from How End Livery Limited at the balance sheet date is £146,691 (2024: £172,170).

Oliver Byne Interiors
A relative of the director.

During the year, the company incurred costs from Oliver Byrne Interiors £54,225 (2024: £25,657) for subcontracted services.


Mr M Phillips
A relative of the director.

During the year, the company received the sum of £Nil (2024: £128,000) from Mr M Phillips.