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REGISTERED NUMBER: 12679369 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

FOR

WILLOWVALE GREEN LIMITED

WILLOWVALE GREEN LIMITED (REGISTERED NUMBER: 12679369)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WILLOWVALE GREEN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2023







DIRECTORS: Mrs J E R Waddell
I F Waddell
A W Waddell
R S Waddell





REGISTERED OFFICE: 25 St Thomas Street
Winchester
Hampshire
SO23 9HJ





REGISTERED NUMBER: 12679369 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

WILLOWVALE GREEN LIMITED (REGISTERED NUMBER: 12679369)

BALANCE SHEET
30TH SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,104 8,482
Investments 5 206,085 185,932
Investment property 6 455,000 450,000
669,189 644,414

CURRENT ASSETS
Debtors 7 1,761 7,174
Cash at bank 8,557 18,336
10,318 25,510
CREDITORS
Amounts falling due within one year 8 646,924 645,478
NET CURRENT LIABILITIES (636,606 ) (619,968 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,583

24,446

PROVISIONS FOR LIABILITIES 8,953 8,699
NET ASSETS 23,630 15,747

CAPITAL AND RESERVES
Called up share capital 9 1,100 1,100
Unrealised reserves 41,135 37,085
Retained earnings (18,605 ) (22,438 )
SHAREHOLDERS' FUNDS 23,630 15,747

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

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

WILLOWVALE GREEN LIMITED (REGISTERED NUMBER: 12679369)

BALANCE SHEET - continued
30TH SEPTEMBER 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 15th April 2024 and were signed on its behalf by:





I F Waddell - Director


WILLOWVALE GREEN LIMITED (REGISTERED NUMBER: 12679369)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023


1. STATUTORY INFORMATION

Willowvale Green 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 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 the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 10% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Fixed asset investments
Fixed asset investments are recognised at fair value. Any aggregate surplus or deficit arising from changes in fair value are recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

WILLOWVALE GREEN LIMITED (REGISTERED NUMBER: 12679369)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st October 2022 10,064
Additions 470
At 30th September 2023 10,534
DEPRECIATION
At 1st October 2022 1,582
Charge for year 894
Eliminated on disposal (46 )
At 30th September 2023 2,430
NET BOOK VALUE
At 30th September 2023 8,104
At 30th September 2022 8,482

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st October 2022 185,932
Additions 124,254
Disposals (110,851 )
Revaluations 6,750
At 30th September 2023 206,085
NET BOOK VALUE
At 30th September 2023 206,085
At 30th September 2022 185,932

Cost or valuation at 30th September 2023 is represented by:

Other
investments
£   
Valuation in 2022 (10,718 )
Valuation in 2023 11,576
Cost 205,227
206,085

WILLOWVALE GREEN LIMITED (REGISTERED NUMBER: 12679369)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2023


6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st October 2022 450,000
Revaluations 5,000
At 30th September 2023 455,000
NET BOOK VALUE
At 30th September 2023 455,000
At 30th September 2022 450,000

Fair value at 30th September 2023 is represented by:
£   
Valuation in 2022 45,784
Valuation in 2023 5,000
Cost 404,216
455,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,761 7,174

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 641,000 641,000
Other creditors 5,924 4,478
646,924 645,478

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary A 1 100 100
1,000 Ordinary B 1 1,000 1,000
1,100 1,100

10. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed loans to directors to the value of £641,000 (2022: £641,000) with interest rates between 0% and 2.5% per annum, which are repayable within 30 days of the lender providing the company with a written notice of demand.