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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
Page
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The Willo Project Limited Company Information for the year ended 31 October 2023
Director
William Aldridge
Company Number
09586497 (England and Wales)
Registered Office
1 Greenwich Yacht Club 1 Peartree Way London SE10 0BW
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The Willo Project Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,626 
4,834 
Current assets
Inventories
9,465 
10,368 
Debtors
5,069 
2,705 
Cash at bank and in hand
31,958 
75,191 
46,492 
88,264 
Creditors: amounts falling due within one year
(48,669)
(69,056)
Net current (liabilities)/assets
(2,177)
19,208 
Net assets
449 
24,042 
Capital and reserves
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
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The Willo Project Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
7,215 
- 
7,215 
Additions
- 
259 
259 
At 31 October 2023
7,215 
259 
7,474 
Depreciation
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 
Net book value
At 31 October 2023
2,453 
173 
2,626 
At 31 October 2022
4,834 
- 
4,834 
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The Willo Project Limited Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
550 
Other debtors
5,069 
2,155 
5,069 
2,705 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
8,045 
8,361 
Trade creditors
23 
917 
Taxes and social security
1,218 
5,379 
Other creditors
- 
11,204 
Accruals
39,383 
43,195 
48,669 
69,056 
7
Share capital
2023 
2022 
£ 
£ 
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 
1.00 
1.00 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
William Aldridge
Director Loan Account
2,154 
- 
628 
1,526 
2,154 
- 
628 
1,526 
9
Average number of employees
During the year the average number of employees was 7 (2022: 7).
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