Woodgate Recruitment Limited - Filleted accounts

Registered number

09379899

Woodgate Recruitment Limited

Filleted Accounts

31 March 2026

Woodgate Recruitment Limited
Registered number:		09379899
Balance Sheet
as at 31 March 2026

Notes			2026			2024
£				£
Fixed assets
Intangible assets	3		45,000			50,000
Tangible assets	4		83			13,411
			45,083			63,411

Current assets
Cash at bank and in hand		-			11,961

Creditors: amounts falling due within one year	5	(14,975)			(5,569)

Net current (liabilities)/assets			(14,975)			6,392

Total assets less current liabilities			30,108			69,803

Creditors: amounts falling due after more than one year	6		(6,960)			(33,193)



Net assets			23,148			36,610

Capital and reserves
Called up share capital			1			1
Profit and loss account			23,147			36,609

Shareholders' funds			23,148			36,610

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Miss J Woodgate
Director
Approved by the board on 20 May 2026

Woodgate Recruitment Limited
Notes to the Accounts
for the period from 1 January 2025 to 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2026		2024
Number					Number

	Average number of persons employed by the company			1		1


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 January 2025					95,000
	At 31 March 2026					95,000

	Amortisation
	At 1 January 2025					45,000
	Provided during the period					5,000
	At 31 March 2026					50,000

	Net book value
	At 31 March 2026					45,000
	At 31 December 2024					50,000

	Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 January 2025	13,300		1,164		14,464
	Disposals	(13,300)		-		(13,300)
	At 31 March 2026	-		1,164		1,164

	Depreciation
	At 1 January 2025	-		1,053		1,053
	Charge for the period	-		28		28
	At 31 March 2026	-		1,081		1,081

	Net book value
	At 31 March 2026	-		83		83
	At 31 December 2024	13,300		111		13,411


5	Creditors: amounts falling due within one year			2026		2024
£					£

	Bank loans and overdrafts			3,115		-
	Trade creditors			703		703
	Taxation and social security costs			4,837		3,265
	VAT			6,320		1,601
				14,975		5,569


6	Creditors: amounts falling due after one year			2026		2024
£					£

	Bank loans			6,960		8,473
	Directors loan account			-		24,720
				6,960		33,193


7	Other information

	Woodgate Recruitment Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Beaufort House
	113 Parson Street
	Bristol
	BS3 5QH