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REGISTERED NUMBER: 05104793 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

BLUE WILLOW TREE LIMITED
T/A
SIGNS EXPRESS

BLUE WILLOW TREE LIMITED (REGISTERED NUMBER: 05104793)
T/A SIGNS EXPRESS






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLUE WILLOW TREE LIMITED
T/A SIGNS EXPRESS

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: S J Morris
Mrs C Morris





SECRETARY: Mrs C Morris





REGISTERED OFFICE: Unit 18 Aspen Court
Centurion Business Park
Templeborough Rotherham
South Yorkshire
S60 1FB





REGISTERED NUMBER: 05104793 (England and Wales)





ACCOUNTANTS: Jones Francis Limited
400-402 Richmond Road
Sheffield
South Yorkshire
S13 8LZ

BLUE WILLOW TREE LIMITED (REGISTERED NUMBER: 05104793)
T/A SIGNS EXPRESS

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,523 2,837
Tangible assets 5 65,591 83,981
68,114 86,818

CURRENT ASSETS
Stocks 9,245 9,245
Debtors 6 50,871 50,030
Cash at bank and in hand 67,851 61,239
127,967 120,514
CREDITORS
Amounts falling due within one year 7 94,239 90,680
NET CURRENT ASSETS 33,728 29,834
TOTAL ASSETS LESS CURRENT
LIABILITIES

101,842

116,652

CREDITORS
Amounts falling due after more than
one year

8

(9,640

)

(25,506

)

PROVISIONS FOR LIABILITIES (16,335 ) (15,893 )
NET ASSETS 75,867 75,253

BLUE WILLOW TREE LIMITED (REGISTERED NUMBER: 05104793)
T/A SIGNS EXPRESS

BALANCE SHEET - continued
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 75,865 75,251
SHAREHOLDERS' FUNDS 75,867 75,253

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

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

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 January 2025 and were signed on its behalf by:





S J Morris - Director


BLUE WILLOW TREE LIMITED (REGISTERED NUMBER: 05104793)
T/A SIGNS EXPRESS

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

1. STATUTORY INFORMATION

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nine years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


BLUE WILLOW TREE LIMITED (REGISTERED NUMBER: 05104793)
T/A SIGNS EXPRESS

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

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 7 (2023 - 8 ) .

BLUE WILLOW TREE LIMITED (REGISTERED NUMBER: 05104793)
T/A SIGNS EXPRESS

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

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 August 2023
and 31 July 2024 19,000
AMORTISATION
At 1 August 2023 16,163
Amortisation for year 314
At 31 July 2024 16,477
NET BOOK VALUE
At 31 July 2024 2,523
At 31 July 2023 2,837

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 August 2023
and 31 July 2024 17,202 66,017 11,638
DEPRECIATION
At 1 August 2023 14,044 25,978 7,143
Charge for year 374 7,998 662
At 31 July 2024 14,418 33,976 7,805
NET BOOK VALUE
At 31 July 2024 2,784 32,041 3,833
At 31 July 2023 3,158 40,039 4,495

BLUE WILLOW TREE LIMITED (REGISTERED NUMBER: 05104793)
T/A SIGNS EXPRESS

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

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 43,142 12,688 150,687
DEPRECIATION
At 1 August 2023 10,563 8,978 66,706
Charge for year 8,144 1,212 18,390
At 31 July 2024 18,707 10,190 85,096
NET BOOK VALUE
At 31 July 2024 24,435 2,498 65,591
At 31 July 2023 32,579 3,710 83,981

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 August 2023
and 31 July 2024 25,143
DEPRECIATION
Charge for year 6,285
At 31 July 2024 6,285
NET BOOK VALUE
At 31 July 2024 18,858
At 31 July 2023 25,143

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 50,308 48,905
Other debtors 563 1,125
50,871 50,030

BLUE WILLOW TREE LIMITED (REGISTERED NUMBER: 05104793)
T/A SIGNS EXPRESS

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 9,422 10,035
Hire purchase contracts (see note 9)
6,444

6,444
Trade creditors 25,487 39,873
Taxation and social security 37,240 19,468
Other creditors 15,646 14,860
94,239 90,680

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans 9,640 19,062
Hire purchase contracts (see note 9)
-

6,444
9,640 25,506

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.7.24 31.7.23
£    £   
Net obligations repayable:
Within one year 6,444 6,444
Between one and five years - 6,444
6,444 12,888

Non-cancellable operating leases
31.7.24 31.7.23
£    £   
Within one year 14,280 14,280

BLUE WILLOW TREE LIMITED (REGISTERED NUMBER: 05104793)
T/A SIGNS EXPRESS

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

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
2 Ordinary 1 2 2

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £57,000 (2023 - £65,000) were paid to the directors .

12. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors' who hold 100% of the share capital.