Woodpecker Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01977500 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2018

FOR

WOODPECKER LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K J Brown

Ms S J Belcham

D P K Christian

R J Brown

REGISTERED OFFICE:

Bailey House

4-10 Barttelot Road

Horsham

West Sussex

RH12 1DQ

REGISTERED NUMBER:

01977500 (England and Wales)

ACCOUNTANTS:

D A CLARK & CO. LTD.

Bailey House

4-10 Barttelot Road

Horsham

West Sussex

RH12 1DQ

FIXED ASSETS

Tangible assets

4

2,392,037

2,402,385

Investments

5

907

907

2,392,944

2,403,292

CURRENT ASSETS

Debtors

6

1,544,176

1,597,219

Cash at bank

-

2,569

1,544,176

1,599,788

CREDITORS

Amounts falling due within one year

7

1,225,117

973,758

NET CURRENT ASSETS

319,059

626,030

TOTAL ASSETS LESS CURRENT LIABILITIES

2,712,003

3,029,322

CREDITORS

Amounts falling due after more than one year

8

(506,984

)

(556,983

)

PROVISIONS FOR LIABILITIES

(119,984

)

(119,317

)

NET ASSETS

2,085,035

2,353,022

CAPITAL AND RESERVES

Called up share capital

28,594

28,594

Revaluation reserve

9

513,879

513,879

Capital redemption reserve

(274,047

)

(274,047

)

Retained earnings

1,816,609

2,084,596

SHAREHOLDERS' FUNDS

2,085,035

2,353,022

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 28 June 2019 and were signed on its behalf by:

D P K Christian - Director

1.	STATUTORY INFORMATION

Woodpecker Ltd 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.

Long leasehold

-

2% on cost

Plant and machinery

-

10% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 4 (2017 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Long

Plant and

property

leasehold

machinery

£

£

£

COST

At 1 October 2017

and 30 September 2018

1,816,363

583,416

519,597

DEPRECIATION

At 1 October 2017

-

15,664

519,596

Charge for year

-

1,337

-

At 30 September 2018

-

17,001

519,596

NET BOOK VALUE

At 30 September 2018

1,816,363

566,415

1

At 30 September 2017

1,816,363

567,752

1

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 October 2017

and 30 September 2018

47,684

27,404

2,994,464

DEPRECIATION

At 1 October 2017

42,876

13,943

592,079

Charge for year

2,160

6,851

10,348

At 30 September 2018

45,036

20,794

602,427

NET BOOK VALUE

At 30 September 2018

2,648

6,610

2,392,037

At 30 September 2017

4,808

13,461

2,402,385

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2017

and 30 September 2018

907

NET BOOK VALUE

At 30 September 2018

907

At 30 September 2017

907

The investment relates to £905 (2017:£905) of issued ordinary share capital in Lockie Limited and £1 of issued

ordinary share capital capital of Hammond & Harper Limited and A1 Printing Limited. The company owns

90.5% (2017:90.5%) of the issued share capital of Lockie Limited and 100% of Hammond & Harper Limited,

A1 Printing Limited:

As the Group qualifies as a small Group the Company has taken advantage of all of the exemptions available to

it.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Trade debtors

20,236

21,359

Amounts owed by group undertakings

834,667

834,667

Other debtors

80,230

80,230

Telstar Limited

(146,703

)

(91,703

)

R Leckie properties

12,810

12,810

DH Ductwork Limited

10,000

10,000

Ross & Cormarty Limited

196,364

196,364

Maplebright LLP

430,875

395,875

Docking Village Limited

2,250

2,250

Foxlydiate Limited

45,000

45,000

Kidderminster Homes Ltd

4,000

32,500

Directors' current accounts

-

57,867

Prepayments and accrued income

54,447

-

1,544,176

1,597,219

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Bank loans and overdrafts

107,216

100,000

Amounts owed to group undertakings

1,012,961

862,961

Social security and other taxes

2,205

1,955

VAT

3,267

6,316

Other creditors

2

2

Woodpecker SSAS

(15,000

)

(15,000

)

Mrs E L Christian

1,050

1,050

Protodale Broyle Road

11,500

5,500

Directors' current accounts

85,135

-

Accrued expenses

16,781

10,974

1,225,117

973,758

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.18

30.9.17

£

£

Bank loans - 2-5 years

506,984

556,983

9.

RESERVES

Revaluation

reserve

£

At 1 October 2017

and 30 September 2018

513,879

10.	RELATED PARTY DISCLOSURES

Mr D P K Christian is a director of Lockie Limited, Hammond & Harper Limited and A1 Printing Limited.

During the year the following amounts were owed to or from associated companies.

2018

2017

Lockie Limited

(1,012,961

)

(862,961

)

Hammond & Harper Limited

487,478

487,478

A1 Printing Limited

347,189

347,189

During the year the company made a management charge to Lockie Limited in the sum of £35,000 (2017:

£35,000), and to Hammond & Harper Limited in the sum of £Nil (2017:£25,000). The company also made a

management charge to A1 Printing Limited totalling £Nil (2017:£50,000)

At the year end the company owed Mr D Christian (Director) £85,135 (2017 he owed the Company £57,866)

During the year dividends totalling £5,000 (2017:£30,000) were paid to the Companies B shares. Mrs E L

Christian is the holder of the B shares.

During the year dividends totalling £46,528 (2017:£Nil) were paid to the Companies A shares. Mr D P K

Christian is the holder of the A shares.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is D P K Christian.