WILLOWTREE DESIGN ASSOCIATES LTD

Company Registration Number:
13904923 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

WILLOWTREE DESIGN ASSOCIATES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes

WILLOWTREE DESIGN ASSOCIATES LTD

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 52,901 70,535
Total fixed assets: 52,901 70,535
Current assets
Debtors: 4 109,166 85,939
Cash at bank and in hand: 45,965 66,588
Total current assets: 155,131 152,527
Creditors: amounts falling due within one year: 5 ( 61,758 ) ( 70,445 )
Net current assets (liabilities): 93,373 82,082
Total assets less current liabilities: 146,274 152,617
Creditors: amounts falling due after more than one year: 6 ( 36,141 ) ( 49,855 )
Total net assets (liabilities): 110,133 102,762
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 110,033 102,662
Total Shareholders' funds: 110,133 102,762

The notes form part of these financial statements

WILLOWTREE DESIGN ASSOCIATES LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 28 January 2025
and signed on behalf of the board by:

Name: M.J. Goodwin
Status: Director

The notes form part of these financial statements

WILLOWTREE DESIGN ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Motor vehicles - over 5 years.

    Other accounting policies

    Debtors - Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors - Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Taxation - A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. Pensions - Contributions to defined contribution plans are expensed in the period to which they relate.

WILLOWTREE DESIGN ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 8 5

WILLOWTREE DESIGN ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 88,169 88,169
Additions
Disposals
Revaluations
Transfers
At 31 December 2024 88,169 88,169
Depreciation
At 1 January 2024 17,634 17,634
Charge for year 17,634 17,634
On disposals
Other adjustments
At 31 December 2024 35,268 35,268
Net book value
At 31 December 2024 52,901 52,901
At 31 December 2023 70,535 70,535

WILLOWTREE DESIGN ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Trade debtors 108,910 85,839
Other debtors 256 100
Total 109,166 85,939

WILLOWTREE DESIGN ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Amounts due under finance leases and hire purchase contracts 13,714 13,714
Taxation and social security 44,337 32,092
Other creditors 3,707 24,639
Total 61,758 70,445

WILLOWTREE DESIGN ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Amounts due under finance leases and hire purchase contracts 36,141 49,855
Total 36,141 49,855