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REGISTERED NUMBER: 00207413 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

A.J.WOODWARD & SONS LIMITED

A.J.WOODWARD & SONS LIMITED (REGISTERED NUMBER: 00207413)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 DECEMBER 2016




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


A.J.WOODWARD & SONS LIMITED

COMPANY INFORMATION
For The Year Ended 31 DECEMBER 2016







DIRECTORS: D C Woodward
Mrs D M Brock





SECRETARY: Mrs D M Brock





REGISTERED OFFICE: Dacha
Ashton Road
Beckford
Nr Tewkesbury
Gloucestershire
GL20 7AU





REGISTERED NUMBER: 00207413 (England and Wales)





ACCOUNTANTS: Baldwins (Evesham) Limited
93 High Street
Evesham
Worcestershire
WR11 4DU

A.J.WOODWARD & SONS LIMITED (REGISTERED NUMBER: 00207413)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 255,877 287,468

CURRENT ASSETS
Debtors 5 2,229 2,579
Cash at bank and in hand 42,064 42,874
44,293 45,453
CREDITORS
Amounts falling due within one year 6 18,906 27,716
NET CURRENT ASSETS 25,387 17,737
TOTAL ASSETS LESS CURRENT
LIABILITIES

281,264

305,205

CREDITORS
Amounts falling due after more than one year 7 60,000 60,000
NET ASSETS 221,264 245,205

CAPITAL AND RESERVES
Called up share capital 92,000 92,000
Other reserves 28,008 28,008
Retained earnings 101,256 125,197
SHAREHOLDERS' FUNDS 221,264 245,205

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 8 May 2017 and were signed on its behalf by:




D C Woodward - Director


A.J.WOODWARD & SONS LIMITED (REGISTERED NUMBER: 00207413)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 DECEMBER 2016

1. STATUTORY INFORMATION

A.J.Woodward & Sons Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

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.

Revenue
Revenue represents net sales of services, excluding value added tax.

Revenue is recognised and accounted for when the company is legally entitled to the amounts due, it is probable that the
revenue will be received and the amount of income receivable can be reliably measured.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - at varying rates on cost
Plant and machinery - at varying rates on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are
charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2015 - 3 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 January 2016 597,690 356,984 954,674
Additions 1,800 4,221 6,021
At 31 December 2016 599,490 361,205 960,695
DEPRECIATION
At 1 January 2016 329,566 337,640 667,206
Charge for year 27,951 9,661 37,612
At 31 December 2016 357,517 347,301 704,818
NET BOOK VALUE
At 31 December 2016 241,973 13,904 255,877
At 31 December 2015 268,124 19,344 287,468

Included in cost of land and buildings is freehold land of £ 17,527 (2015 - £ 17,527 ) which is not depreciated.

A.J.WOODWARD & SONS LIMITED (REGISTERED NUMBER: 00207413)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 DECEMBER 2016

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade receivables 46 21
Prepayments and accrued income 2,183 2,558
2,229 2,579

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade payables 2,713 3,455
Mainstream corporation tax 1,209 -
Social security and other taxes 19 134
Directors' current accounts 11,300 17,877
Accruals and deferred income 3,665 6,250
18,906 27,716

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2016 2015
£    £   
Director's loan account 60,000 60,000

8. TRANSACTIONS WITH DIRECTORS

At the year end, the directors were owed the following amounts on an interest free basis:

D C Woodward £71,300 (2015 £77,877).

Of the amounts owed, £60,000 will not be repaid within one year of the balance sheet date (2015 £60,000).

9. ULTIMATE CONTROLLING PARTY

The company was under the control of the directors during the current and previous year. The directors own 55.96% (2015
55.96%) of the issued share capital of the company.

10. FIRST YEAR ADOPTION

The company has adopted FRS 102 for the first time in the year ended 31 December 2016. In preparing the accounts, the
directors have considered whether in applying the accounting policies required by FRS 102 a restatement of comparatives was
needed. No restatements were required in the opening balances in the year or to those from the comparative year (31
December 2016).