P A Wood Estates Limited - Accounts to registrar (filleted) - small 23.2.5
P A Wood Estates Limited - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 24 February 2023 |
| for |
| P A Wood Estates Limited |
| P A Wood Estates Limited (Registered number: 07106736) |
| Contents of the Financial Statements |
| for the Year Ended 24 February 2023 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 3 |
| P A Wood Estates Limited (Registered number: 07106736) |
| Balance Sheet |
| 24 February 2023 |
| 2023 | 2022 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Non distributable profit and |
| loss | 10 |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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. |
| P A Wood Estates Limited (Registered number: 07106736) |
| Balance Sheet - continued |
| 24 February 2023 |
| 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 and authorised for issue on |
| P A Wood Estates Limited (Registered number: 07106736) |
| Notes to the Financial Statements |
| for the Year Ended 24 February 2023 |
| 1. | STATUTORY INFORMATION |
| P A Wood Estates Limited is a |
| Registered number: |
| Registered office: |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Plant & Equipment | - |
| 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 year 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 year 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| P A Wood Estates Limited (Registered number: 07106736) |
| Notes to the Financial Statements - continued |
| for the Year Ended 24 February 2023 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant & |
| Equipment |
| £ |
| COST |
| At 25 February 2022 |
| and 24 February 2023 |
| DEPRECIATION |
| At 25 February 2022 |
| Charge for year |
| At 24 February 2023 |
| NET BOOK VALUE |
| At 24 February 2023 |
| At 24 February 2022 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 25 February 2022 |
| and 24 February 2023 |
| NET BOOK VALUE |
| At 24 February 2023 |
| At 24 February 2022 |
| Investment property was valued at fair value in February 2023 by the director. |
| Fair value at 24 February 2023 is represented by: |
| £ |
| Valuation in 2012 | 91,495 |
| Valuation in 2013 | 439 |
| Valuation in 2014 | 3,970 |
| Valuation in 2021 | 55,000 |
| Cost | 329,096 |
| 480,000 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Trade debtors |
| P A Wood Estates Limited (Registered number: 07106736) |
| Notes to the Financial Statements - continued |
| for the Year Ended 24 February 2023 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Bank loans and overdrafts |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Mortgage | 72,047 | 79,930 |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2023 | 2022 |
| £ | £ |
| Bank loans |
| The bank holds a debenture over the assets of the company. |
| 10. | RESERVES |
| Non |
| distributable |
| profit |
| and loss |
| £ |
| At 25 February 2022 |
| and 24 February 2023 |