Company Registration No. 09586497 (England and Wales)
The Willo Project Limited
Unaudited accounts
for the year ended 31 October 2023
The Willo Project Limited
Unaudited accounts
Contents
The Willo Project Limited
Company Information
for the year ended 31 October 2023
Company Number
09586497 (England and Wales)
Registered Office
1 Greenwich Yacht Club
1 Peartree Way
London
SE10 0BW
The Willo Project Limited
Statement of financial position
as at 31 October 2023
Tangible assets
2,626
4,834
Cash at bank and in hand
31,958
75,191
Creditors: amounts falling due within one year
(48,669)
(69,056)
Net current (liabilities)/assets
(2,177)
19,208
Called up share capital
1
1
Profit and loss account
448
24,041
Shareholders' funds
449
24,042
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 November 2023 and were signed on its behalf by
William Aldridge
Director
Company Registration No. 09586497
The Willo Project Limited
Notes to the Accounts
for the year ended 31 October 2023
The Willo Project Limited is a private company, limited by shares, registered in England and Wales, registration number 09586497. The registered office is 1 Greenwich Yacht Club, 1 Peartree Way, London, SE10 0BW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% Straight Line
Computer equipment
33% Straight Line
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
7,215
-
7,215
At 31 October 2023
7,215
259
7,474
At 1 November 2022
2,381
-
2,381
Charge for the year
2,381
86
2,467
At 31 October 2023
4,762
86
4,848
At 31 October 2023
2,453
173
2,626
At 31 October 2022
4,834
-
4,834
The Willo Project Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,218
5,379
Allotted, called up and fully paid:
950 Ordinary A Shares of £0.001 each
0.95
0.95
50 Ordinary B Shares of £0.001 each
0.05
0.05
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
2,154
-
628
1,526
9
Average number of employees
During the year the average number of employees was 7 (2022: 7).