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REGISTERED NUMBER: 04640260 (England and Wales)












WILLOW COURT VILLAGE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 APRIL 2024






WILLOW COURT VILLAGE LIMITED (REGISTERED NUMBER: 04640260)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WILLOW COURT VILLAGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: S A Ramsey-Williams
A Ramsey-Williams
D Ramsey-Williams





SECRETARY: A Ramsey-Williams





REGISTERED OFFICE: Campion Gardens
Clyne Common
Bishopston
Swansea
SA3 3JB





REGISTERED NUMBER: 04640260 (England and Wales)





ACCOUNTANTS: Bevan Buckland LLP
Ground Floor Cardigan House
Castle Court
Swansea Enterprise Park
Swansea
SA7 9LA

WILLOW COURT VILLAGE LIMITED (REGISTERED NUMBER: 04640260)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 701,676 717,147
Investments 5 3 3
701,679 717,150

CURRENT ASSETS
Debtors 6 1,032,005 1,614,172
Cash at bank and in hand 85,988 144,796
1,117,993 1,758,968
CREDITORS
Amounts falling due within one year 7 1,174,815 186,611
NET CURRENT (LIABILITIES)/ASSETS (56,822 ) 1,572,357
TOTAL ASSETS LESS CURRENT
LIABILITIES

644,857

2,289,507

CREDITORS
Amounts falling due after more than one year 8 (100,020 ) (1,600,020 )

PROVISIONS FOR LIABILITIES (22,369 ) (25,773 )
NET ASSETS 522,468 663,714

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 522,467 663,713
522,468 663,714

WILLOW COURT VILLAGE LIMITED (REGISTERED NUMBER: 04640260)

BALANCE SHEET - continued
30 APRIL 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2025 and were signed on its behalf by:





D Ramsey-Williams - Director


WILLOW COURT VILLAGE LIMITED (REGISTERED NUMBER: 04640260)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Willow Court Village 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about Willow Court Village Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 each asset over its estimated useful life.
Improvements to property - 5% on cost
Plant and Machinery - 25% reducing balance and 10% on cost
Fixtures and fittings - 25% reducing balance and 25% on cost
Motor vehicles - 25% reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

WILLOW COURT VILLAGE LIMITED (REGISTERED NUMBER: 04640260)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued

Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions
Creditors and provisions are recognised where the company has a present obligation (legal and constructive) resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property Machinery
£    £    £   
COST
At 1 May 2023
and 30 April 2024 600,000 98,669 45,044
DEPRECIATION
At 1 May 2023 - 24,667 40,550
Charge for year - 4,934 1,668
At 30 April 2024 - 29,601 42,218
NET BOOK VALUE
At 30 April 2024 600,000 69,068 2,826
At 30 April 2023 600,000 74,002 4,494

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 9,127 84,912 837,752
DEPRECIATION
At 1 May 2023 5,476 49,912 120,605
Charge for year 1,369 7,500 15,471
At 30 April 2024 6,845 57,412 136,076
NET BOOK VALUE
At 30 April 2024 2,282 27,500 701,676
At 30 April 2023 3,651 35,000 717,147

WILLOW COURT VILLAGE LIMITED (REGISTERED NUMBER: 04640260)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 3
NET BOOK VALUE
At 30 April 2024 3
At 30 April 2023 3

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 6,602 13,828
Amounts owed by group undertakings 934,155 1,573,591
Amounts owed by associates 24,534 24,534
Other debtors 66,714 2,219
1,032,005 1,614,172

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 50,166 4,937
Amounts owed to associates 964,437 3,092
Taxation and social security 14,000 15,824
Other creditors 146,212 162,758
1,174,815 186,611

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 100,020 1,600,020

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included in other creditors is an amount of £30,658 (2023: £47,204) owed to a director of the company. This amount is unsecured, interest free and has no fixed terms for repayment.