P L WOOD LIMITED

P L WOOD LIMITED

P L WOOD LIMITED - Company Information

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P L WOOD LIMITED

Company Registration Number:
07093995 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

P L WOOD LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Balance sheet
Notes

P L WOOD LIMITED

Balance sheet

As at 31 March 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 7,524 8,363
Total fixed assets: 7,524 8,363
Current assets
Debtors:     14,484
Cash at bank and in hand: 322,618 270,950
Investments:   410,522 401,522
Total current assets: 733,140 686,956
Creditors: amounts falling due within one year:   (99,673) (113,942)
Net current assets (liabilities): 633,467 573,014
Total assets less current liabilities: 640,991 581,377
Total net assets (liabilities): 640,991 581,377
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 640,891 581,277
Shareholders funds: 640,991 581,377

The notes form part of these financial statements

P L WOOD LIMITED

Balance sheet statements

For the year ending 31 March 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 August 2022
and signed on behalf of the board by:

Name: Mr P Wood
Status: Director

The notes form part of these financial statements

P L WOOD LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:Fixtures and fittings 10% reducing balanceThe gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

P L WOOD LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

2. Employees

2022 2021
Average number of employees during the period 1 1

P L WOOD LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Tangible Assets

Total
Cost £
At 01 April 2021 16,914
At 31 March 2022 16,914
Depreciation
At 01 April 2021 8,551
Charge for year 839
At 31 March 2022 9,390
Net book value
At 31 March 2022 7,524
At 31 March 2021 8,363