Company registration number 00240612 (England and Wales)
WOOD AUTO (HOLDINGS) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
WOOD AUTO (HOLDINGS) LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
WOOD AUTO (HOLDINGS) LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
3,113
1,128
Investment properties
4
1,050,736
1,620,736
1,053,849
1,621,864
Current assets
Debtors
5
71,723
20,057
Cash at bank and in hand
614,738
316,657
686,461
336,714
Creditors: amounts falling due within one year
6
(13,606)
(26,538)
Net current assets
672,855
310,176
Total assets less current liabilities
1,726,704
1,932,040
Creditors: amounts falling due after more than one year
7
(27,250)
(27,250)
Provisions for liabilities
8
(3,748)
(60,324)
Net assets
1,695,706
1,844,466
Capital and reserves
Called up share capital
9
83,714
83,714
Share premium account
1,050
1,050
Capital redemption reserve
1,650
1,650
Profit and loss reserves
1,609,292
1,758,052
Total equity
1,695,706
1,844,466

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

WOOD AUTO (HOLDINGS) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 13 July 2026 and are signed on its behalf by:
A M Stead
Director
Company Registration No. 00240612
WOOD AUTO (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
1
Accounting policies
Company information

Wood Auto (Holdings) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Dobb Mill, 9 Dobb Top Road, Holmbridge, Holmfirth, HD9 2PQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include include investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for rentals charg ed in the normal course of business, and is shown net of VAT and other sales related taxes.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
33.33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

WOOD AUTO (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -
1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest met hod. Financial assets classified as receivable within one year are not amortised.

Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow group companies, are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

WOOD AUTO (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 5 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
5
5
WOOD AUTO (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2025
4,639
Additions
3,497
At 31 March 2026
8,136
Depreciation and impairment
At 1 April 2025
3,511
Depreciation charged in the year
1,512
At 31 March 2026
5,023
Carrying amount
At 31 March 2026
3,113
At 31 March 2025
1,128
4
Investment property
2026
£
Fair value
At 1 April 2025
1,620,736
Disposals
(570,000)
At 31 March 2026
1,050,736

The directors consider the fair value s of the investment properties at the balance sheet date to be not materially different from th eir historic cost.

5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
1,140
-
0
Corporation tax recoverable
2,598
-
0
Other debtors
67,985
20,057
71,723
20,057
WOOD AUTO (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 7 -
6
Creditors: amounts falling due within one year
2026
2025
£
£
Corporation tax
-
0
16,671
Other taxation and social security
2,185
770
Other creditors
11,421
9,097
13,606
26,538
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Other creditors
27,250
27,250

The company's preference shares shown as liabilities represent 5,450 5% cumulative non-redeemable preference shares of £5 each. The dividends payable on these shares have been waived for both this and the previous year.

8
Deferred taxation

Deferred tax assets and liabilities are offset where the company has a legally enforceable right to do so. The following is the analysis of the deferred tax balances (after offset) for financial reporting purposes:

Liabilities
Liabilities
2026
2025
Balances:
£
£
Accelerated capital allowances
778
282
Tax losses
(2,451)
-
Revaluations
5,421
60,042
3,748
60,324
2026
Movements in the year:
£
Liability at 1 April 2025
60,324
Credit to profit or loss
(56,576)
Liability at 31 March 2026
3,748
WOOD AUTO (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 8 -
9
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
70,155
70,155
70,155
70,155
Employee participating non-cumulative and non-voting shares of 5p each
271,180
271,180
13,559
13,559
341,335
341,335
83,714
83,714

The order of preference in respect of both the distribution of profits and the repayment of capital on a winding up is - cumulative non-redeemable preference shares, employee participating shares and ordinary shares.

10
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2026
2025
£
£
Total commitments
33,741
21,101
2026-03-31 2025-04-01 false false false 13 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity R E J Heywood G J Heywood A M Stead A M Stead 00240612 2025-04-01 2026-03-31 00240612 2026-03-31 00240612 2025-03-31 00240612 core:OtherPropertyPlantEquipment 2026-03-31 00240612 core:OtherPropertyPlantEquipment 2025-03-31 00240612 core:CurrentFinancialInstruments 2026-03-31 00240612 core:CurrentFinancialInstruments 2025-03-31 00240612 core:Non-currentFinancialInstruments 2026-03-31 00240612 core:Non-currentFinancialInstruments 2025-03-31 00240612 core:ShareCapital 2026-03-31 00240612 core:ShareCapital 2025-03-31 00240612 core:SharePremium 2026-03-31 00240612 core:SharePremium 2025-03-31 00240612 core:CapitalRedemptionReserve 2026-03-31 00240612 core:CapitalRedemptionReserve 2025-03-31 00240612 core:RetainedEarningsAccumulatedLosses 2026-03-31 00240612 core:RetainedEarningsAccumulatedLosses 2025-03-31 00240612 core:ShareCapitalOrdinaryShareClass1 2026-03-31 00240612 core:ShareCapitalOrdinaryShareClass1 2025-03-31 00240612 core:ShareCapitalOrdinaryShareClass2 2026-03-31 00240612 core:ShareCapitalOrdinaryShareClass2 2025-03-31 00240612 core:ShareCapitalOrdinaryShares 2026-03-31 00240612 core:ShareCapitalOrdinaryShares 2025-03-31 00240612 bus:CompanySecretaryDirector1 2025-04-01 2026-03-31 00240612 core:ComputerEquipment 2025-04-01 2026-03-31 00240612 2024-04-01 2025-03-31 00240612 core:OtherPropertyPlantEquipment 2025-03-31 00240612 core:OtherPropertyPlantEquipment 2025-04-01 2026-03-31 00240612 2025-03-31 00240612 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 00240612 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 00240612 bus:OrdinaryShareClass1 2025-04-01 2026-03-31 00240612 bus:OrdinaryShareClass2 2025-04-01 2026-03-31 00240612 bus:OrdinaryShareClass1 2026-03-31 00240612 bus:OrdinaryShareClass1 2025-03-31 00240612 bus:OrdinaryShareClass2 2026-03-31 00240612 bus:OrdinaryShareClass2 2025-03-31 00240612 bus:AllOrdinaryShares 2026-03-31 00240612 bus:AllOrdinaryShares 2025-03-31 00240612 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 00240612 bus:FRS102 2025-04-01 2026-03-31 00240612 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 00240612 bus:Director1 2025-04-01 2026-03-31 00240612 bus:Director2 2025-04-01 2026-03-31 00240612 bus:Director3 2025-04-01 2026-03-31 00240612 bus:CompanySecretary1 2025-04-01 2026-03-31 00240612 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 00240612 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP