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REGISTERED NUMBER: 01241555 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2018

FOR

M J WOOD LTD

M J WOOD LTD (REGISTERED NUMBER: 01241555)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M J WOOD LTD

COMPANY INFORMATION
for the Year Ended 30 APRIL 2018







DIRECTORS: Mrs M S Wood
N H Wood





SECRETARY:





REGISTERED OFFICE: Woodlands
South Hanningfield Road
South Hanningfield
Chelmsford
Essex
CM3 8HH





REGISTERED NUMBER: 01241555 (England and Wales)





ACCOUNTANTS: Alexandra Anthony Limited
47 Church Street
Great Baddow
Chelmsford
Essex
CM2 7JA

M J WOOD LTD (REGISTERED NUMBER: 01241555)

BALANCE SHEET
30 APRIL 2018

30.4.18 30.4.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,452,814 1,753,418

CURRENT ASSETS
Debtors 5 1,516 7,869
Cash at bank and in hand 835 140
2,351 8,009
CREDITORS
Amounts falling due within one year 6 39,811 102,137
NET CURRENT LIABILITIES (37,460 ) (94,128 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,415,354

1,659,290

CREDITORS
Amounts falling due after more than one year 7 (79,693 ) (315,571 )

PROVISIONS FOR LIABILITIES (103,264 ) (78,872 )
NET ASSETS 1,232,397 1,264,847

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,232,297 1,264,747
SHAREHOLDERS' FUNDS 1,232,397 1,264,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 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.

M J WOOD LTD (REGISTERED NUMBER: 01241555)

BALANCE SHEET - continued
30 APRIL 2018


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 30 September 2018 and were signed on its behalf
by:





N H Wood - Director


M J WOOD LTD (REGISTERED NUMBER: 01241555)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2018

1. STATUTORY INFORMATION

M J Wood Ltd 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance, 25% on reducing balance and 15% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 2 (2017 - 2 ) .

M J WOOD LTD (REGISTERED NUMBER: 01241555)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2018

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 May 2017 1,750,000 43,055 1,793,055
Additions - 532 532
Disposals (300,000 ) (1,683 ) (301,683 )
At 30 April 2018 1,450,000 41,904 1,491,904
DEPRECIATION
At 1 May 2017 - 39,637 39,637
Charge for year - 923 923
Eliminated on disposal - (1,470 ) (1,470 )
At 30 April 2018 - 39,090 39,090
NET BOOK VALUE
At 30 April 2018 1,450,000 2,814 1,452,814
At 30 April 2017 1,750,000 3,418 1,753,418

Cost or valuation at 30 April 2018 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2008 486,277 - 486,277
Valuation in 2015 (500,000 ) - (500,000 )
Valuation in 2017 810,000 - 810,000
Valuation in 2018 (300,000 ) - (300,000 )
Cost 953,723 41,904 995,627
1,450,000 41,904 1,491,904

If Freehold land and buildings had not been revalued they would have been included at the following historical
cost:

30.4.18 30.4.17
£    £   
Cost 953,723 953,723

Freehold land and buildings were valued on an open market basis on 3 July 2013 by Kemsley LLP .

M J WOOD LTD (REGISTERED NUMBER: 01241555)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2018

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.18 30.4.17
£    £   
Trade debtors 650 4,541
Other debtors 866 3,328
1,516 7,869

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.18 30.4.17
£    £   
Bank loans and overdrafts 9,563 59,765
Trade creditors 1,399 6,297
Taxation and social security 319 7,952
Other creditors 28,530 28,123
39,811 102,137

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.18 30.4.17
£    £   
Bank loans 79,693 315,571

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 41,441 227,571

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.18 30.4.17
£    £   
Bank loans 89,256 337,571

9. RELATED PARTY DISCLOSURES

The directors Mrs M Wood and Mr N Wood were owed £1,199.51 and £27,251.96 respectively at the year end
(2017: £1,356.56 and £26,700.84).