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REGISTERED NUMBER: 13294994 (England and Wales)















WILLOW DEVELOPMENTS (YORKSHIRE) LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024






WILLOW DEVELOPMENTS (YORKSHIRE) LTD (REGISTERED NUMBER: 13294994)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

WILLOW DEVELOPMENTS (YORKSHIRE) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: W Butler
N L Palmer





SECRETARY:





REGISTERED OFFICE: Finlayson & Co, Whitby Court
Abbey Road
Huddersfield
United Kingdom
HD8 8EL





REGISTERED NUMBER: 13294994 (England and Wales)





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

WILLOW DEVELOPMENTS (YORKSHIRE) LTD (REGISTERED NUMBER: 13294994)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Inventories 6,948,332 3,153,080
Debtors 4 150,350 20,350
Cash at bank 192,960 175,894
7,291,642 3,349,324
CREDITORS
Amounts falling due within one year 5 60,088 6,164
NET CURRENT ASSETS 7,231,554 3,343,160
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,231,554

3,343,160

CREDITORS
Amounts falling due after more than one
year

6

7,282,145

3,343,094
NET (LIABILITIES)/ASSETS (50,591 ) 66

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (50,691 ) (34 )
SHAREHOLDERS' FUNDS (50,591 ) 66

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 DEVELOPMENTS (YORKSHIRE) LTD (REGISTERED NUMBER: 13294994)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2024


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 20 August 2024 and were signed on its behalf by:




W Butler - Director



N L Palmer - Director


WILLOW DEVELOPMENTS (YORKSHIRE) LTD (REGISTERED NUMBER: 13294994)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Willow Developments (Yorkshire) Ltd 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 150,350 20,350

WILLOW DEVELOPMENTS (YORKSHIRE) LTD (REGISTERED NUMBER: 13294994)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1 -
Taxation and social security 50,693 34
Other creditors 9,394 6,130
60,088 6,164

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 7,282,145 3,343,094

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Loan 7,282,145 3,343,094

The Property Investor Partnership Ltd hold a fixed and floating charge by way of a legal mortgage to the land on the east side of High Street, Hook, Goole as more particularly described in a deed of transfer. registered on 7th July 2022.

The Property Investor Partnership Ltd hold a fixed charge on the freehold property being a triangular shaped silver of land adjacent to High Street, Hook and being part of Vandon Lodge as is registered at HM Land Registry with title number YEA102004.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
N L Palmer
Balance outstanding at start of year 10,050 50
Amounts advanced 65,000 10,050
Amounts repaid - (50 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 75,050 10,050

WILLOW DEVELOPMENTS (YORKSHIRE) LTD (REGISTERED NUMBER: 13294994)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

W Butler
Balance outstanding at start of year 10,050 50
Amounts advanced 65,000 10,050
Amounts repaid - (50 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 75,050 10,050

10. RELATED PARTY DISCLOSURES

During the year the company was loaned £1,450 (2023: £1,430) from Willow Developments (Howden) Ltd, a company controlled by Mr W Butler & Mr N Palmer, shareholders. At the year end the company owed £2,880 (2023: £1,430).

During the year the company loaned £NIL (2023: £250) to River View Hook Management Ltd, a company controlled by Mr W Butler & Mr N Palmer, shareholders. At the year end the company was owed £250 (2023: £250)

WILLOW DEVELOPMENTS (YORKSHIRE) LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
WILLOW DEVELOPMENTS (YORKSHIRE) LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


20 August 2024