REGISTERED NUMBER: 04051530 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

R Woodfall (Sydenham) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J J Fried

Mrs A S Fried

B M E Fried

A L E Fried

A G Wilmott

SECRETARY:

Mrs A S Fried

REGISTERED OFFICE:

67 Westow Street

Upper Norwood

London

SE19 3RW

REGISTERED NUMBER:

04051530 (England and Wales)

ACCOUNTANTS:

Thornton Springer LLP

Chartered Accountants

67 Westow Street

London

SE19 3RW

FIXED ASSETS

Intangible assets

5

628,400

691,240

Tangible assets

6

760,452

868,159

Investment property

7

288,803

288,803

1,677,655

1,848,202

CURRENT ASSETS

Stocks

245,761

241,297

Debtors

8

459,489

453,314

Cash at bank and in hand

22,438

12,439

727,688

707,050

CREDITORS

Amounts falling due within one year

9

705,107

627,098

NET CURRENT ASSETS

22,581

79,952

TOTAL ASSETS LESS CURRENT LIABILITIES

1,700,236

1,928,154

CREDITORS

Amounts falling due after more than one year

10

(572,172

)

(687,313

)

PROVISIONS FOR LIABILITIES

11

(49,170

)

(49,170

)

NET ASSETS

1,078,894

1,191,671

CAPITAL AND RESERVES

Called up share capital

1,171,895

1,171,895

Retained earnings

12

(93,001

)

19,776

SHAREHOLDERS' FUNDS

1,078,894

1,191,671

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 11 November 2025 and were signed on its behalf by:

J J Fried - Director

1.	STATUTORY INFORMATION

R Woodfall (Sydenham) 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the recognition of certain financial assets and liabilities measured at fair value.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of twenty years.

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.

Plant and machinery etc

-

33% on reducing balance, 25% on reducing balance and 10% on cost

Investment property

Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation of investment properties at their fair values are recognised in the income statement.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Going concern

The balance sheet shows net liabilities of £93,001. The directors have reasonable expectations that the company will be able to make sufficient profits to enable it to operate for the foreseeable future, in addition to the continued support and funding from the directors and associated company. These financial statements have therefore been prepared on a going concern basis.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2024 - 41 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

1,256,800

AMORTISATION

At 1 April 2024

565,560

Charge for year

62,840

At 31 March 2025

628,400

NET BOOK VALUE

At 31 March 2025

628,400

At 31 March 2024

691,240

6.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

266,525

1,240,984

1,507,509

Additions

-

16,116

16,116

At 31 March 2025

266,525

1,257,100

1,523,625

DEPRECIATION

At 1 April 2024

-

639,350

639,350

Charge for year

-

123,823

123,823

At 31 March 2025

-

763,173

763,173

NET BOOK VALUE

At 31 March 2025

266,525

493,927

760,452

At 31 March 2024

266,525

601,634

868,159

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

288,803

NET BOOK VALUE

At 31 March 2025

288,803

At 31 March 2024

288,803

The investment property is valued annually by the directors on an open market existing use basis.

The historical cost of the investment property amount to £288,803 (2024 - £288,803).

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

75,375

159,296

Other debtors

384,114

294,018

459,489

453,314

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

165,897

231,311

Hire purchase contracts

39,645

43,140

Trade creditors

279,148

248,938

Taxation and social security

49,376

73,190

Other creditors

171,041

30,519

705,107

627,098

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

505,875

581,371

Hire purchase contracts

66,297

105,942

572,172

687,313

Amounts falling due in more than five years:

Repayable by instalments

Bank loans over 5 years by instalments

260,573

303,187

11.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

49,170

49,170

Deferred

tax

£

Balance at 1 April 2024

49,170

Balance at 31 March 2025

49,170

12.

RESERVES

Retained

earnings

£

At 1 April 2024

19,776

Deficit for the year

(112,777

)

At 31 March 2025

(93,001

)

13.	RELATED PARTY DISCLOSURES

J J Fried, the director of the company, is also the director of both Vegor Properties Limited and Stuart Gothelf Associates Limited which are both registered in England.

During the year the company paid rent at a market rate to Vegor Properties Limited of £38,500 (2024 - £38,500).

Included within other debtors are loans due from related parties of £272,940 (2024 - £201,709). These loans are interest free and are repayable on demand.