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REGISTERED NUMBER: 08557582 (England and Wales)


















Willow Collections Limited

Unaudited Financial Statements for the Year Ended 30 June 2023






Willow Collections Limited (Registered number: 08557582)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Willow Collections Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: R R Greenwood





REGISTERED OFFICE: Chichester House
2 Chichester Street
Rochdale
Lancashire
OL16 2AX





REGISTERED NUMBER: 08557582 (England and Wales)






Willow Collections Limited (Registered number: 08557582)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,737 6,316

CURRENT ASSETS
Debtors 5 40,600 46,600
Cash at bank 14,945 14,049
55,545 60,649
CREDITORS
Amounts falling due within one year 6 44,153 51,272
NET CURRENT ASSETS 11,392 9,377
TOTAL ASSETS LESS CURRENT LIABILITIES 16,129 15,693

CREDITORS
Amounts falling due after more than one year 7 8,076 15,081
NET ASSETS 8,053 612

CAPITAL AND RESERVES
Called up share capital 9 4 4
Retained earnings 10 8,049 608
SHAREHOLDERS' FUNDS 8,053 612

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 November 2023 and were signed by:





R R Greenwood - Director


Willow Collections Limited (Registered number: 08557582)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Willow Collections 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.
Motor vehicles - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 July 2022
and 30 June 2023 19,965
DEPRECIATION
At 1 July 2022 13,649
Charge for year 1,579
At 30 June 2023 15,228
NET BOOK VALUE
At 30 June 2023 4,737
At 30 June 2022 6,316

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 40,600 46,600

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Hire purchase contracts - 3,868
Trade creditors 258 1,603
Tax 37,744 30,330
VAT 5,553 14,988
Directors' current accounts 146 31
Accrued expenses 452 452
44,153 51,272

Willow Collections Limited (Registered number: 08557582)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans (see note 8) 8,076 14,114
Hire purchase contracts - 967
8,076 15,081

8. LOANS

An analysis of the maturity of loans is given below:

30.6.23 30.6.22
£    £   
Amounts falling due between one and two years:
Bank loans - 1-2 years 8,076 -

Amounts falling due between two and five years:
Bank loans - 2-5 years - 14,114

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
1 Ordinary A £1 1 1
3 Ordinary 0.333 3 3
4 4

10. RESERVES
Retained
earnings
£   

At 1 July 2022 608
Profit for the year 59,941
Dividends (52,500 )
At 30 June 2023 8,049