Woodward A P Limited - Period Ending 2019-10-31
Woodward A P Limited - Period Ending 2019-10-31
Registration number:
for the Year Ended
Pages for filing with Registrar
Woodward A P Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Woodward A P Limited
Company Information
Directors |
H S Page L Maldacea L A Hambly |
Registered office |
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Registered number |
04393563 |
Accountants |
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Woodward A P Limited
(Registration number: 04393563)
Balance Sheet as at 31 October 2019
Note |
2019 |
2018 |
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Fixed assets |
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Tangible assets |
- |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Total equity |
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Woodward A P Limited
(Registration number: 04393563)
Balance Sheet as at 31 October 2019 (continued)
For the financial year ending 31 October 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
.........................................
H S Page
Director
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L Maldacea
Director
.........................................
L A Hambly
Director
Woodward A P Limited
Notes to the Financial Statements for the Year Ended 31 October 2019
Statutory information |
The company is a incorporated in England and Wales.
The address of its registered office is:
England
Accounting policies |
Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention.
The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
Tax
Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Woodward A P Limited
Notes to the Financial Statements for the Year Ended 31 October 2019 (continued)
2 |
Accounting policies (continued) |
Tangible fixed assets
Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Fixtures and fittings |
25% on reducing balance |
Equipment |
25% on reducing balance |
Property improvements |
25% on cost |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits.
Trade debtors
Trade debtors are recognised initially at the transaction price. They are subsequently measured less any provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employees' services are received.
Woodward A P Limited
Notes to the Financial Statements for the Year Ended 31 October 2019 (continued)
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Tangible fixed assets |
Leasehold improvements |
Fixtures and fittings |
Equipment |
Total |
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Cost or valuation |
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At 1 November 2018 |
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Disposals |
( |
( |
( |
( |
At 31 October 2019 |
- |
- |
- |
- |
Depreciation |
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At 1 November 2018 |
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Eliminated on disposal |
( |
( |
( |
( |
At 31 October 2019 |
- |
- |
- |
- |
Carrying amount |
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At 31 October 2019 |
- |
- |
- |
- |
At 31 October 2018 |
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Woodward A P Limited
Notes to the Financial Statements for the Year Ended 31 October 2019 (continued)
Debtors: amounts falling due within one year |
Note |
31 October 2019 |
31 October 2018 |
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Trade debtors |
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Amounts owed by group undertakings |
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- |
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Other debtors |
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Directors' loan accounts |
- |
4,877 |
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Creditors: amounts falling due within one year |
2019 |
2018 |
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Accruals |
- |
4,068 |
Corporation tax control |
46 |
6,179 |
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Share capital |
Allotted, called up and fully paid shares
31 October 2019 |
31 October 2018 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
Woodward A P Limited
Notes to the Financial Statements for the Year Ended 31 October 2019 (continued)
Related party transactions |
Transactions with directors |
2019 |
At 1 November 2018 |
Funds introduced |
At 31 October 2019 |
Directors' loan account |
(4,877) |
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- |
2018 |
At 1 May 2017 |
Amounts paid to director |
At 31 October 2018 |
Directors' loan account |
1,830 |
(6,707) |
( |