REGISTERED NUMBER: 05739227 (England and Wales)

THOMAS H WOOD LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr. P Wood

Mr. J Wood

REGISTERED OFFICE:

14 Park Road

Whitchurch

Cardiff

CF14 7BQ

REGISTERED NUMBER:

05739227 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

58,918

59,773

58,918

59,773

CURRENT ASSETS

Debtors

6

149,740

137,100

Cash at bank and in hand

217,587

130,138

367,327

267,238

CREDITORS

Amounts falling due within one year

7

122,662

77,485

NET CURRENT ASSETS

244,665

189,753

TOTAL ASSETS LESS CURRENT LIABILITIES

303,583

249,526

PROVISIONS FOR LIABILITIES

14,585

14,766

NET ASSETS

288,998

234,760

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

288,898

234,660

SHAREHOLDERS' FUNDS

288,998

234,760

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2026 and were signed on its behalf by:

Mr. J Wood - Director

1.	STATUTORY INFORMATION

Thomas H Wood 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.

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.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2025

and 31 May 2026

343,500

AMORTISATION

At 1 June 2025

and 31 May 2026

343,500

NET BOOK VALUE

At 31 May 2026

-

At 31 May 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Motor

Computer

leasehold

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 June 2025

36,507

16,618

8,883

77,118

139,126

Additions

-

1,090

-

2,105

3,195

At 31 May 2026

36,507

17,708

8,883

79,223

142,321

DEPRECIATION

At 1 June 2025

-

15,187

8,086

56,080

79,353

Charge for year

-

378

200

3,472

4,050

At 31 May 2026

-

15,565

8,286

59,552

83,403

NET BOOK VALUE

At 31 May 2026

36,507

2,143

597

19,671

58,918

At 31 May 2025

36,507

1,431

797

21,038

59,773

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

149,740

137,100

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

30,200

3,950

Taxation and social security

87,114

67,338

Other creditors

5,348

6,197

122,662

77,485

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

9.	RELATED PARTY DISCLOSURES

As at the year end Thomas H Wood Limited was owed £130,000 (2025 - £130,000) by a company in which the directors have a controlling interest.