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REGISTERED NUMBER: 01819333 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Willow Industrial Park Limited

Willow Industrial Park Limited (Registered number: 01819333)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Willow Industrial Park Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: R E Fletcher





REGISTERED OFFICE: The Mills
Canal Street
Derby
DE1 2RJ





REGISTERED NUMBER: 01819333 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Willow Industrial Park Limited (Registered number: 01819333)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,870,000 1,870,000

CURRENT ASSETS
Debtors 5 1,238 1,234
Cash at bank 124,482 142,683
125,720 143,917
CREDITORS
Amounts falling due within one year 6 37,451 78,280
NET CURRENT ASSETS 88,269 65,637
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,958,269

1,935,637

CAPITAL AND RESERVES
Called up share capital 750 750
Fair value reserve 7 487,757 487,757
Capital redemption reserve 7 250 250
Retained earnings 7 1,469,512 1,446,880
SHAREHOLDERS' FUNDS 1,958,269 1,935,637

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 October 2024 and were signed by:





R E Fletcher - Director


Willow Industrial Park Limited (Registered number: 01819333)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Willow Industrial Park 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 represents net rental income, excluding value added tax. Turnover is recognised in the period when rentals are due.

Investment property
Investment property is not depreciated but is revalued annually at its fair value, in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". This is necessary for the financial statements to show a true and fair view. Any aggregate surplus or deficit arising from changes in fair value is recgonised in profit or loss and transferred to a fair value reserve.

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 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 1,870,000
NET BOOK VALUE
At 31 January 2024 1,870,000
At 31 January 2023 1,870,000

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2024 1,870,000

Willow Industrial Park Limited (Registered number: 01819333)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,382,243 1,382,243
Aggregate depreciation (288,097 ) (260,452 )

Investment property was valued on a fair value basis on 31 January 2024 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments and accrued income 1,238 1,234

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 173 263
Tax 6,358 72,859
Social security and other taxes 10,377 3,623
Accrued expenses 20,543 1,535
37,451 78,280

7. RESERVES
Fair Capital
Retained value redemption
earnings reserve reserve Totals
£    £    £    £   

At 1 February 2023 1,446,880 487,757 250 1,934,887
Profit for the year 22,632 22,632
At 31 January 2024 1,469,512 487,757 250 1,957,519