REGISTERED NUMBER: 09819606 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

WOOD ART STUDIO LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

A Bergs

T Richardson

REGISTERED OFFICE:

Unit 8

Twydale Business Park

Skerne Road

Driffield

E. Yorks

YO25 6JX

REGISTERED NUMBER:

09819606 (England and Wales)

ACCOUNTANTS:

Majors Limited

57 Spyvee Street

Hull

E. Yorks

HU8 7JJ

FIXED ASSETS

Tangible assets

4

903

1,281

CURRENT ASSETS

Debtors

5

26,293

44,530

Cash at bank

6

6,624

26,299

51,154

CREDITORS

Amounts falling due within one year

6

9,840

37,422

NET CURRENT ASSETS

16,459

13,732

TOTAL ASSETS LESS CURRENT LIABILITIES

17,362

15,013

PROVISIONS FOR LIABILITIES

172

243

NET ASSETS

17,190

14,770

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

17,090

14,670

SHAREHOLDERS' FUNDS

17,190

14,770

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2026 and were signed on its behalf by:

T Richardson - Director

A Bergs - Director

1.	STATUTORY INFORMATION

Wood Art Studio Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

and 31 October 2025

67,431

DEPRECIATION

At 1 November 2024

66,150

Charge for year

378

At 31 October 2025

66,528

NET BOOK VALUE

At 31 October 2025

903

At 31 October 2024

1,281

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

3,187

Directors' current accounts

24,258

39,308

Prepayments and accrued income

2,035

2,035

26,293

44,530

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

477

-

Trade creditors

3,080

3,945

Tax

2,475

4,762

Social security and other taxes

423

1,727

VAT

1,020

5,003

Accrued expenses

2,365

21,985

9,840

37,422

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

T Richardson

Balance outstanding at start of year

19,582

25,509

Amounts advanced

20,578

23,757

Amounts repaid

(28,090

)

(29,684

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

12,070

19,582

A Bergs

Balance outstanding at start of year

19,726

25,921

Amounts advanced

20,266

22,755

Amounts repaid

(27,805

)

(28,950

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

12,187

19,726