WOOLFLODGE LIMITED


2021-06-252022-06-232022-06-23false01879348WOOLFLODGE 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WOOLFLODGE LIMITED

Registered Number
01879348
(England and Wales)

Unaudited Financial Statements for the Period ended
23 June 2022

WOOLFLODGE LIMITED
Company Information
for the period from 25 June 2021 to 23 June 2022

Directors

PERERA, Maurice Albert
FINSBURY CORPORATE SERVICES LIMITED

Registered Address

C/O Lewis & Tucker
16 Wigmore Street
London
W1U 2RF

Registered Number

01879348 (England and Wales)
WOOLFLODGE LIMITED
Balance Sheet as at
23 June 2022

Notes

2022

2021

£

£

£

£

Current assets
Debtors38,07128,311
Cash at bank and on hand29,04550,446
67,11678,757
Creditors amounts falling due within one year(51,973)(53,713)
Net current assets (liabilities)15,14325,044
Total assets less current liabilities15,14325,044
Net assets15,14325,044
Capital and reserves
Profit and loss account15,14325,044
Reserves15,14325,044
  • The company was entitled to exemption from audit for this reporting period 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.
  • 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 and loss account.
  • The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved and authorised for issue by the Board of Directors on 24 July 2023, and are signed on its behalf by:
PERERA, Maurice Albert
Director
Registered Company No. 01879348
WOOLFLODGE LIMITED
Notes to the Financial Statements
for the period ended 23 June 2022

1.Statutory information
The company is a private company limited by guarantee and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard. The accounts have been prepared on a basis to recognise and represent the purpose of the company as that of a mutual company acting as agent on behalf of the landlord and leaseholders at 73-85 Fairfax Road, London NW6. This approach is more consistent with the practice recommended by the recognised accountancy bodies and set out in ICAEW Tech 03/11.
3.Principal activities
The principal activity of the company in the year under review was that of the management and maintenance of the property at 73-85 Fairfax Road, London NW6 on behalf of the landlord and lessees. The company is a not for profit entity; namely a mutual company acting as agent for the landlord and lease holders.
4.Accounting policies
Revenue recognition policy
Income represents amounts receivace. Income is recognised as amounts reconciled and due from lessees in respect of services delivered and provided such that risks and ownership and benefit have been transferred to the lessees for the period under review. Sinking fund reserves: Sinking fund reserves relate to amounts demanded from lessees in respect of the anticipated future cost of major work programs. The sinking fund reserve is released to the income statement of the accounting period in which the related expenditure is incurred.
Taxation policy
The company is not a profit making entity and is not subject to Corporation Tax on its operating surpluses. Corporation Tax is chargeable on interest receivable. Deferred tax is not applicable to the company.
5.Employee information

20222021
Average number of employees during the year00
6.Further information regarding the company's financial position
RELATED PARTY DISCLOSURES The company is controlled by Rendham Holdings Limited.