WOODROW RETIREMENT HOME LIMITED

Registered number

04706733

Filleted Accounts

31 March 2026

WOODROW RETIREMENT HOME LIMITED
Registered number:		04706733
Balance Sheet
as at 31 March 2026
Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		660,798			681,729
Investments	5		450,168			454,070
			1,110,966			1,135,799

Current assets
Stocks		500			500
Cash at bank and in hand		1,650,577			1,550,659
		1,651,077			1,551,159

Creditors: amounts falling due within one year	6	(155,309)			(200,011)

Net current assets			1,495,768			1,351,148

Total assets less current liabilities			2,606,734			2,486,947

Creditors: amounts falling due after more than one year	7		-			(7,361)

Provisions for liabilities			(17,076)			(19,557)


Net assets			2,589,658			2,460,029

Capital and reserves
Called up share capital			100			100
Profit and loss account			2,589,558			2,459,929

Shareholder's funds			2,589,658			2,460,029

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.


P J Edwards
Director
Approved by the board on 15 October 2026

WOODROW RETIREMENT HOME LIMITED
Notes to the Accounts
for the year ended 31 March 2026


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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.


	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures and fittings			15% reducing balance
	Computer equipment and other equipment			25% straight line
	Motor vehicles			20% reducing balance


	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					34		28


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2025							100,000
	At 31 March 2026							100,000

	Amortisation
	At 1 April 2025							100,000
	At 31 March 2026							100,000

	Net book value
	At 31 March 2026							-


4	Tangible fixed assets
		Freehold land and buildings		Fixtures, fittings and computer equipment		Motor vehicle		Total
£			£		£		£
	Cost
	At 1 April 2025	548,482		295,659		117,596		961,737
	Additions	-		1,573		-		1,573
	At 31 March 2026	548,482		297,232		117,596		963,310

	Depreciation
	At 1 April 2025	-		218,196		61,812		280,008
	Charge for the year	-		11,007		11,497		22,504
	At 31 March 2026	-		229,203		73,309		302,512

	Net book value
	At 31 March 2026	548,482		68,029		44,287		660,798
	At 31 March 2025	548,482		77,463		55,784		681,729


5	Investments

£
	Cost
	At 1 April 2025							454,070
	Movement							(3,902)

	At 31 March 2026							450,168

	Name of Undertaking and business

	Woodrow Property Partnership

	The group undertaking is established and trades within the UK.


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Obligations under finance lease and hire purchase contracts					7,361		17,667
	Trade creditors					3,700		3,700
	Taxation and social security costs					36,056		84,332
	PAYE and national insurance					11,719		11,631
	Other creditors					96,473		82,681
						155,309		200,011


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Obligations under finance lease and hire purchase contracts					-		7,361


8	Other information

	Woodrow Retirement Home Limited is a private company limited by shares and incorporated in England. Its registered office is:
	The Mill
	Kingsteignton Road
	Newton Abbot
	Devon
	TQ12 2QA