P A Wood Estates Limited - Accounts to registrar (filleted) - small 18.2

P A Wood Estates Limited - Accounts to registrar (filleted) - small 18.2

P A WOOD ESTATES LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v19.3.2.199 07106736 director 26.2.18 24.2.19 24.2.19 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure071067362018-02-25071067362019-02-24071067362018-02-262019-02-24071067362017-02-26071067362017-02-272018-02-25071067362018-02-2507106736ns15:EnglandWales2018-02-262019-02-2407106736ns14:PoundSterling2018-02-262019-02-2407106736ns10:Director12018-02-262019-02-2407106736ns10:PrivateLimitedCompanyLtd2018-02-262019-02-2407106736ns10:SmallEntities2018-02-262019-02-2407106736ns10:AuditExempt-NoAccountantsReport2018-02-262019-02-2407106736ns10:SmallCompaniesRegimeForDirectorsReport2018-02-262019-02-2407106736ns10:SmallCompaniesRegimeForAccounts2018-02-262019-02-2407106736ns10:FullAccounts2018-02-262019-02-2407106736ns5:CurrentFinancialInstruments2019-02-2407106736ns5:CurrentFinancialInstruments2018-02-2507106736ns5:Non-currentFinancialInstruments2019-02-2407106736ns5:Non-currentFinancialInstruments2018-02-2507106736ns5:ShareCapital2019-02-2407106736ns5:ShareCapital2018-02-2507106736ns5:RevaluationReserve2019-02-2407106736ns5:RevaluationReserve2018-02-2507106736ns5:RetainedEarningsAccumulatedLosses2019-02-2407106736ns5:RetainedEarningsAccumulatedLosses2018-02-2507106736ns5:PlantMachinery2018-02-262019-02-2407106736ns5:PlantMachinery2018-02-2507106736ns5:PlantMachinery2019-02-2407106736ns5:PlantMachinery2018-02-2507106736ns5:CurrentFinancialInstrumentsns5:WithinOneYear2019-02-2407106736ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-02-2507106736ns5:RevaluationReserve2018-02-25


REGISTERED NUMBER: 07106736 (England and Wales)














Unaudited Financial Statements

for the Period

26 February 2018 to 24 February 2019

for

P A Wood Estates Limited
P A Wood Estates Limited (Registered number: 07106736)






Contents of the Financial Statements
for the Period 26 February 2018 to 24 February 2019




Page

Balance Sheet 1

Notes to the Financial Statements 3


P A Wood Estates Limited (Registered number: 07106736)

Balance Sheet
24 February 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,380 2,800
Investment property 5 425,000 425,000
427,380 427,800

CURRENT ASSETS
Debtors 6 2,180 5,580
Cash at bank 42 123
2,222 5,703
CREDITORS
Amounts falling due within one year 7 216,161 206,132
NET CURRENT LIABILITIES (213,939 ) (200,429 )
TOTAL ASSETS LESS CURRENT LIABILITIES 213,441 227,371

CREDITORS
Amounts falling due after more than one
year
8
(145,881
)
(154,762
)

PROVISIONS FOR LIABILITIES (14,140 ) (14,140 )
NET ASSETS 53,420 58,469

CAPITAL AND RESERVES
Called up share capital 1 1
Non distributable profit and
loss 9 81,764 81,764
Retained earnings (28,345 ) (23,296 )
SHAREHOLDERS' FUNDS 53,420 58,469

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 24 February 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 24 February 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these financial statements

Page 1 continued...
P A Wood Estates Limited (Registered number: 07106736)

Balance Sheet - continued
24 February 2019


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.

The financial statements were approved by the director on 18 February 2020 and were signed by:





P A Wood Esq - Director


The notes form part of these financial statements

Page 2
P A Wood Estates Limited (Registered number: 07106736)

Notes to the Financial Statements
for the Period 26 February 2018 to 24 February 2019

1. STATUTORY INFORMATION

P A Wood Estates Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address are as below:

Registered number: 07106736

Registered office: c/o PA Wood Engineering Services
Unit 3 Park Lane
Fenton
Stoke-on-Trent
Staffordshire
ST4 3JP

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Equipment - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes
in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. 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 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 period 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.

Page 3 continued...
P A Wood Estates Limited (Registered number: 07106736)

Notes to the Financial Statements - continued
for the Period 26 February 2018 to 24 February 2019

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2018 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant &
Equipment
£   
COST
At 26 February 2018
and 24 February 2019 7,040
DEPRECIATION
At 26 February 2018 4,240
Charge for period 420
At 24 February 2019 4,660
NET BOOK VALUE
At 24 February 2019 2,380
At 25 February 2018 2,800

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 26 February 2018
and 24 February 2019 425,000
NET BOOK VALUE
At 24 February 2019 425,000
At 25 February 2018 425,000

Investment property was valued at fair value in February 2019 by the director.

Fair value at 24 February 2019 is represented by:

£   
Valuation in 2012 91,495
Valuation in 2013 439
Valuation in 2014 3,970
Cost 329,096
425,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 2,180 5,580

Page 4 continued...
P A Wood Estates Limited (Registered number: 07106736)

Notes to the Financial Statements - continued
for the Period 26 February 2018 to 24 February 2019

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Bank loans and overdrafts 8,791 8,232
Taxation and social security 1,738 1,622
Other creditors 205,632 196,278
216,161 206,132

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2019 2018
£    £   
Bank loans 145,881 154,762

Amounts falling due in more than five years:

Repayable by instalments
Mortgage 109,881 118,762

9. RESERVES
Non
distributable
profit
and loss
£   
At 26 February 2018
and 24 February 2019 81,764

Page 5