Company Registration No. 13414399 (England and Wales)
WOODS ENERGY LTD
Unaudited accounts
for the year ended 31 May 2025
WOODS ENERGY LTD
Unaudited accounts
Contents
WOODS ENERGY LTD
Company Information
for the year ended 31 May 2025
Directors
Mr Daniel William Woods
Ms Danielle Alison Pittal
Ms Melissa Raubenheimer
Company Number
13414399 (England and Wales)
Registered Office
Southgate Office Village, Block E
286-A Chase Road
Southgate
London
N14 6HF
England
Accountants
Stoke Newington Accountants & Tax Consultants Ltd
Southgate Office Village, Block E
286-A Chase Road
Southgate
London
N14 6HF
WOODS ENERGY LTD
Statement of financial position
as at 31 May 2025
Intangible assets
24,752
28,288
Cash at bank and in hand
2,855
1,880
Creditors: amounts falling due within one year
(73,894)
(37,000)
Net current liabilities
(35,522)
(35,120)
Net liabilities
(10,469)
(6,467)
Called up share capital
100
100
Profit and loss account
(10,569)
(6,567)
Shareholders' funds
(10,469)
(6,467)
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 30 May 2026 and were signed on its behalf by
Mr Daniel William Woods
Director
Company Registration No. 13414399
WOODS ENERGY LTD
Notes to the Accounts
for the year ended 31 May 2025
WOODS ENERGY LTD is a private company, limited by shares, registered in England and Wales, registration number 13414399. The registered office is Southgate Office Village, Block E, 286-A Chase Road, Southgate, London, N14 6HF, England.
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.
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.
Expenditure on research and development is written off in the year in which it is incurred.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
WOODS ENERGY LTD
Notes to the Accounts
for the year ended 31 May 2025
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
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
15% Reducing Bal Method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
WOODS ENERGY LTD
Notes to the Accounts
for the year ended 31 May 2025
7
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
72,394
34,785
Loans from directors
-
535
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
At the balance sheet date, where the director's held controlling interests, the company was owed from Woods Communications Ltd £72,394.
At the balance sheet date, where the director's held controlling interests, the director owed the company £35,517.
The ultimate controlling party is the shareholers as they hold the majority of the issued share capital of the company.
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Average number of employees
During the year the average number of employees was 3 (2024: 3).