P A Wood Estates Limited - Accounts to registrar (filleted) - small 17.3

P A Wood Estates Limited - Accounts to registrar (filleted) - small 17.3

P A WOOD ESTATES LIMITED - Company Information

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REGISTERED NUMBER: 07106736 (England and Wales)














Unaudited Financial Statements

for the Period

28 February 2016 to 26 February 2017

for

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






Contents of the Financial Statements
for the Period 28 February 2016 to 26 February 2017




Page

Balance Sheet 1

Notes to the Financial Statements 3


P A Wood Estates Limited (Registered number: 07106736)

Balance Sheet
26 February 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 3,294 3,875
Investment property 4 425,000 425,000
428,294 428,875

CURRENT ASSETS
Debtors 5 5,397 5,115
Cash at bank 163 291
5,560 5,406
CREDITORS
Amounts falling due within one year 6 190,359 164,843
NET CURRENT LIABILITIES (184,799 ) (159,437 )
TOTAL ASSETS LESS CURRENT LIABILITIES 243,495 269,438

CREDITORS
Amounts falling due after more than one
year
7
(163,474
)
(171,361
)

PROVISIONS FOR LIABILITIES (14,140 ) (15,613 )
NET ASSETS 65,881 82,464

CAPITAL AND RESERVES
Called up share capital 1 1
Non distributable profit and
loss 8 81,764 80,291
Retained earnings (15,884 ) 2,172
SHAREHOLDERS' FUNDS 65,881 82,464

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 26 February 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 26 February 2017 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
26 February 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 24 February 2018 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 28 February 2016 to 26 February 2017

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: Ebenezer House
Ryecroft
Newcastle under Lyme
Staffs
ST5 2BE

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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements for the period ended 26 February 2017 are the first financial statements that comply
with Section 1A "Small Entities" of FRS102. The date of transition is 1March 2015. There are no transition
adjustments.

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 28 February 2016 to 26 February 2017

3. TANGIBLE FIXED ASSETS
Plant &
Equipment
£   
COST
At 28 February 2016
and 26 February 2017 7,040
DEPRECIATION
At 28 February 2016 3,165
Charge for period 581
At 26 February 2017 3,746
NET BOOK VALUE
At 26 February 2017 3,294
At 27 February 2016 3,875

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 28 February 2016
and 26 February 2017 425,000
NET BOOK VALUE
At 26 February 2017 425,000
At 27 February 2016 425,000

Investment property was valued on a market value basis in February 2014 by the director.

Fair value at 26 February 2017 is represented by:

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 5,397 5,115

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

Notes to the Financial Statements - continued
for the Period 28 February 2016 to 26 February 2017

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts 7,822 7,727
Taxation and social security 1,698 1,706
Other creditors 180,839 155,410
190,359 164,843

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2017 2016
£    £   
Bank loans 163,474 171,361

Amounts falling due in more than five years:

Repayable by instalments
Mortgage 127,474 135,361

8. RESERVES
Non
distributable
profit
and loss
£   
At 28 February 2016 80,291
Deferred tax 1,473

At 26 February 2017 81,764

9. RELATED PARTY DISCLOSURES

Included in Other Creditors is a balance representing the Directors Loan Account of Mr P A Wood. The loan is
interest fee and payable on demand.

10. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the current period by its director, Mr P Wood who owns 100% of the
company’s ordinary share capital.

Page 5