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REGISTERED NUMBER: 04262214 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Willow Valley Engineering Limited

Willow Valley Engineering Limited (Registered number: 04262214)

Contents of the Financial Statements
for the Year Ended 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Willow Valley Engineering Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: D Call
Mrs C L Call





SECRETARY: D Call





REGISTERED OFFICE: Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS





REGISTERED NUMBER: 04262214 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

Willow Valley Engineering Limited (Registered number: 04262214)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 181,079 128,282

CURRENT ASSETS
Stocks 133,999 117,510
Debtors 5 114,293 209,454
Cash at bank and in hand 234,279 189,289
482,571 516,253
CREDITORS
Amounts falling due within one year 6 233,890 281,601
NET CURRENT ASSETS 248,681 234,652
TOTAL ASSETS LESS CURRENT
LIABILITIES

429,760

362,934

CREDITORS
Amounts falling due after more than one year 7 (87,472 ) (74,898 )

PROVISIONS FOR LIABILITIES 8 (25,870 ) (20,317 )
NET ASSETS 316,418 267,719

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 316,415 267,716
SHAREHOLDERS' FUNDS 316,418 267,719

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

Willow Valley Engineering Limited (Registered number: 04262214)

Balance Sheet - continued
31 July 2023


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 Board of Directors and authorised for issue on 6 February 2024 and were signed on its behalf by:





D Call - Director


Willow Valley Engineering Limited (Registered number: 04262214)

Notes to the Financial Statements
for the Year Ended 31 July 2023


1. STATUTORY INFORMATION

Willow Valley Engineering 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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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 - 15% on reducing balance
Office Equipment - 15% on reducing balance
Motor Vehicles - 25% on reducing balance
Computer Equipment - 25% 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 21 (2022 - 16 ) .

4. TANGIBLE FIXED ASSETS
Plant and Office Motor Computer
Machinery Equipment Vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 August 2022 231,876 3,355 110,215 7,329 352,775
Additions - 797 127,184 3,224 131,205
Disposals - - (68,951 ) - (68,951 )
At 31 July 2023 231,876 4,152 168,448 10,553 415,029
DEPRECIATION
At 1 August 2022 166,592 2,975 48,559 6,367 224,493
Charge for year 9,792 177 29,423 1,041 40,433
Eliminated on disposal - - (30,976 ) - (30,976 )
At 31 July 2023 176,384 3,152 47,006 7,408 233,950
NET BOOK VALUE
At 31 July 2023 55,492 1,000 121,442 3,145 181,079
At 31 July 2022 65,284 380 61,656 962 128,282

Willow Valley Engineering Limited (Registered number: 04262214)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade Debtors 114,027 209,188
Prepayments 266 266
114,293 209,454

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade Creditors 56,367 129,008
Tax 114,339 107,920
Social security and other taxes 14,412 4,715
VAT 41,473 39,816
Other creditors (923 ) (1,294 )
Directors' loan accounts 610 436
Accrued Expenses 7,612 1,000
233,890 281,601

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans more 5 yr by instal 9,951 51,806
Hire purchase contracts 77,521 23,092
87,472 74,898

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 9,951 51,806

8. PROVISIONS FOR LIABILITIES
31.7.23 31.7.22
£    £   
Deferred tax 25,870 20,317

Deferred
tax
£   
Balance at 1 August 2022 20,317
Deferred Tax 5,553
Balance at 31 July 2023 25,870

9. RELATED PARTY DISCLOSURES

The company is controlled by the company director.