| Woodford Lodge Freehold Limited |
| Registered number: |
10038474 |
| Balance Sheet |
| as at 31 December 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
3,421 |
|
|
3,421 |
|
| Current assets |
| Debtors |
4 |
|
7,400 |
|
|
7,821 |
|
| Creditors: amounts falling due within one year |
5 |
|
(210) |
|
|
(878) |
|
| Net current assets |
|
|
|
7,190 |
|
|
6,943 |
|
| Total assets less current liabilities |
|
|
|
10,611 |
|
|
10,364 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(6,834) |
|
|
(6,834) |
|
|
|
| Net assets |
|
|
|
3,777 |
|
|
3,530 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
8 |
|
|
8 |
| Profit and loss account |
|
|
|
3,769 |
|
|
3,522 |
|
| Shareholders' funds |
|
|
|
3,777 |
|
|
3,530 |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
|
| Roger Coates-Walker |
| Director |
| Approved by the board on 4 June 2026 |
|
| Woodford Lodge Freehold Limited |
| Notes to the Accounts |
| for the year ended 31 December 2025 |
|
|
| 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 represents ground rents and other income receivable during the year and is recognised in the period to which it relates. |
|
|
Tangible fixed assets |
|
The freehold property is stated at cost less any impairment in value. No depreciation is provided in respect of the freehold property as the directors consider the residual value of the property to be not less than its carrying value. |
|
|
|
Debtors |
|
Debtors are measured at transaction price less any impairment for doubtful debts. |
|
|
Creditors |
|
Creditors are measured at transaction price. |
|
|
Taxation |
|
Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using tax rates enacted or substantively enacted at the balance sheet date. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Freehold Property |
| £ |
|
Cost |
|
At 1 January 2025 |
3,421 |
|
At 31 December 2025 |
3,421 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 December 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2025 |
3,421 |
|
At 31 December 2024 |
3,421 |
|
|
The cost of the freehold interest has been written down to nil in respect of the seven flats (out of nine) that originally participated in the freehold purchase, with a corresponding reduction in members’ loans. The value attributable to those flats is reflected in the long leasehold interests rather than in the cost of acquiring the freehold.
During 2024, one of the two remaining flats obtained a lease extension and therefore the freehold value carried forward represents the proportion of the original cost attributable to the remaining non-participating flat. |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Monies held by service charge account |
|
7,319 |
|
7,621 |
|
Prepayments |
81 |
|
200 |
|
|
|
|
|
|
7,400 |
|
7,821 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Taxation and social security costs |
- |
|
557 |
|
Other creditors |
210 |
|
321 |
|
|
|
|
|
|
210 |
|
878 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Members' loans |
6,834 |
|
6,834 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Woodford Lodge Freehold Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Hawthorn House |
|
1 Lowther Gardens |
|
Bournemouth |
|
BH8 8NF |