2024-10-01 2025-09-30 04894668 Ian Wood Ltd false 04894668 2024-10-01 2025-09-30 04894668 uk-bus:Director1 2024-10-01 2025-09-30 04894668 uk-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 04894668 uk-bus:SmallEntities 2024-10-01 2025-09-30 04894668 uk-bus:FullAccounts 2024-10-01 2025-09-30 04894668 uk-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 04894668 2024-10-01 04894668 2025-09-30 04894668 2024-09-30 xbrli:pure iso4217:GBP 04894668 2023-10-01 2024-09-30

Company Registration Number : 04894668 (England and Wales)
04894668
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2025-09-30
false
Ian Wood Ltd
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2024-10-01
Ian Wood Ltd Unaudited filleted financial statements For the year ended 30 September 2025

Ian Wood Ltd Contents For the year ended 30 September 2025

CONTENTS | PAGE
Company Information | 3
Statement of Financial Position | 4
Notes to the Financial Statements | 5 - 6

Ian Wood Ltd Company Information For the year ended 30 September 2025

Company registration number |  | 04894668 (England and Wales)
Directors |  | Ian Wood
|  | Kathryn Wood
Registered office address |  | 50 Finsbury Street
|  | Alford
|  | Lincolnshire
|  | LN13 9BH
Accountant |  | Greenhalgh Johnson Ltd
|  | Chartered Management Accountants
|  | Elland House, 22 High Street
|  | Burgh le Marsh, Skegness, Lincolnshire
|  | PE245JT

Ian Wood Ltd Statement of Financial Position For the year ended 30 September 2025

|  |  | 2025 |  | 2024
| Notes |  | £ |  | £
Fixed assets |  |  |  |  |
Property, plant and equipment |  |  | 7,532 |  | 10,047
| 5 |  | 7,532 |  | 10,047
Current assets |  |  |  |  |
Debtors |  |  | 7,875 |  | 3,250
Cash and cash equivalents |  |  | 4,395 |  | 8,286
|  |  | 12,269 |  | 11,537
Current liabilities |  |  |  |  |
Creditors: Amounts falling due within one year |  |  | (4,558) |  | (6,461)
Corporation tax payable |  |  | (9,227) |  | (5,929)
|  |  | (13,785) |  | (12,390)
Net current (liabilities)/assets |  |  | (1,516) |  | (854)
Total assets less current liabilities |  |  | 6,016 |  | 9,194
Non-current liabilities |  |  |  |  |
Provisions for liabilities |  |  | (1,444) |  | (1,909)
Net assets/(liabilities) |  |  | 4,573 |  | 7,285
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 2 |  | 2
Retained earnings |  |  | 4,571 |  | 7,283
Shareholder's funds |  |  | 4,573 |  | 7,285
For the year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A. The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
For the year ended 30 September 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared 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.
Approved by the Board on 23 June 2026
.............................
Ian Wood (Director)
Company registration number: 04894668

/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */

Balance sheet at 2025-09-30 30 September 2025
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Fixed Assets |  |  |  | 7,532 |  | 10,047
Current Assets |  |  |  | 12,082 |  | 11,465
Cash in Hand/Bank |  |  |  | 4,395 |  | 8,286
Prepayments and accrued income |  |  |  | 187 |  | 72
Creditors: amounts falling due within one year |  |  |  | (13,785) |  | (12,390)
Net current assets/(liabilities) |  |  |  | (1,516) |  | (854)
Total assets less current liabilities |  |  |  | 6,016 |  | 9,194
Provisions for liabilities |  |  |  | (1,444) |  | (1,909)
Net Assets/(liabilities) |  |  |  | 4,573 |  | 7,285
Capital and Reserves |  |  |  | 4,573 |  | 7,285
Called up share capital |  |  |  | 2 |  | 2
Profit and loss account |  |  |  | 4,571 |  | 7,283
SHAREHOLDER'S FUND |  |  |  | 4,573 |  | 7,285
For the year ending 30/09/2025 the company was entitled to exemption 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. For the year ending 30-09-2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 23 June 2026 2026-06-23 and signed on behalf of the board, |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Ian Wood |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |
Company registration number: 04894668 |  |  |  |  |  |  |  |  |  |

Ian Wood Ltd Notes to the Financial Statements For the year ended 30 September 2025

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 50 Finsbury Street, Alford, Lincolnshire, LN13 9BH.
(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.
(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:
Asset class and depreciation rate
Land and Buildings |
Plant and Machinery | 25% reducing balance
Short Leasehold Properties |
Investment Properties |
Long Leasehold Properties |
Commercial Vehicles |
Fixtures and Fittings |
Equipment |
Motor Cars |
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred Tax
A deferred tax asset or liability is recognised for tax recoverable or payable in future periods in respect of transactions and events recognised in the financial statements of current and previous periods. Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. Timing differences result from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is recognised on all timing differences at the reporting date apart from certain exceptions. Unrelieved tax losses and other deferred tax assets are only recognised 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 liabilities and assets are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
(4) Employees
During the year, the average number of employees including director was 2 (2024 : 2).
(5) Fixed assets
| Tangible £
Cost |
As at 01 October 2024 | 18,588
As at 30 September 2025 | 18,588
Depreciation/Amortisation |
As at 01 October 2024 | 8,541
For the year | 2,515
As at 30 September 2025 | 11,056
Net book value |
As at 30 September 2025 | 7,532
As at 30 September 2024 | 10,047