Company registration number: 07513510
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Woodford Norman Accounting Limited
Pages for filing with the Registrar
Company registration number: 07513510
Woodford Norman Accounting Limited
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Intangible assets 4 12,600 82,000
Tangible assets 5 4,944 14,323
17,544 96,323
Current assets
Debtors 4,385 3,949
Cash at bank and in hand 4,283 4,192
8,668 8,141
Creditors: amounts falling due within one year
(28,704) (6,071)
Net current (liabilities)/assets (20,036) 2,070
Total assets less current liabilities (2,492) 98,393
Creditors: Amounts falling due after more than one year
(8,686) (29,129)
NET (LIABILITIES)/ASSETS (11,178) 69,264
Capital and reserves
Called up share capital 106 106
Revaluation reserve - 69,400
Profit and loss account (11,284) (242)
TOTAL EQUITY (11,178) 69,264
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 07513510
Woodford Norman Accounting Limited
Balance sheet - continued
as at 31 March 2026
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mrs Y Woodford, Director
12 August 2026
2
Woodford Norman Accounting Limited
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Woodford Norman Accounting Limited is a private company registered in England and Wales. Its registered number is 07513510. The company is limited by shares. Its registered office is 7 Kevern Close, Wigston, Leicester, Leicestershire, LE18 2GR.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 0% reducing balance
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 0% reducing balance
Plant and machinery etc.:
Fixtures & fittings - 33.33% straight line
Motor vehicles - 25% straight line
Computer equipment - 33.33% straight line
3
Woodford Norman Accounting Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 4 (2025 - 4).
4 Intangible assets
Goodwill
£
Cost
At 1 April 2025 82,000
Revaluations (69,400)
At 31 March 2026 12,600
Amortisation
At 31 March 2026 -
Net book value
At 31 March 2026 12,600
At 31 March 2025 82,000
4
Woodford Norman Accounting Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
5 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 April 2025 1,500 63,046 64,546
Additions - 3,519 3,519
At 31 March 2026 1,500 66,565 68,065
Depreciation
At 1 April 2025 1,500 48,723 50,223
Charge for year - 12,898 12,898
At 31 March 2026 1,500 61,621 63,121
Net book value
At 31 March 2026 - 4,944 4,944
At 31 March 2025 - 14,323 14,323
5