Willowavenue Limited 01759923 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is the management and maintenance of the property known as 2 Wetherell Place Bristol Digita Accounts Production Advanced 6.30.9574.0 true true 01759923 2024-04-01 2025-03-31 01759923 2025-03-31 01759923 core:RetainedEarningsAccumulatedLosses 2025-03-31 01759923 core:ShareCapital 2025-03-31 01759923 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 01759923 bus:SmallEntities 2024-04-01 2025-03-31 01759923 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 01759923 bus:FullAccounts 2024-04-01 2025-03-31 01759923 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01759923 bus:RegisteredOffice 2024-04-01 2025-03-31 01759923 bus:Director1 2024-04-01 2025-03-31 01759923 bus:Director2 2024-04-01 2025-03-31 01759923 bus:Director3 2024-04-01 2025-03-31 01759923 bus:Director4 2024-04-01 2025-03-31 01759923 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01759923 bus:Agent1 2024-04-01 2025-03-31 01759923 core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 01759923 core:ShareCapital 2024-04-01 2025-03-31 01759923 countries:Wales 2024-04-01 2025-03-31 01759923 2024-03-31 01759923 core:RetainedEarningsAccumulatedLosses 2024-03-31 01759923 core:ShareCapital 2024-03-31 01759923 2023-04-01 2024-03-31 01759923 2024-03-31 01759923 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 01759923 core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 01759923 core:ShareCapital 2023-04-01 2024-03-31 01759923 2023-03-31 01759923 core:RetainedEarningsAccumulatedLosses 2023-03-31 01759923 core:ShareCapital 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 01759923

Willowavenue Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2025

 

Willowavenue Limited

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Profit and Loss Account

4

Statement of Comprehensive Income

5

Balance Sheet

6

Statement of Changes in Equity

7

Notes to the Unaudited Financial Statements

8 to 9

Detailed Profit and Loss Account

10 to 11

 

Willowavenue Limited

Company Information

Directors

RIM Lewis

JJ Cottrill

I Tewari

MPG Pepper

Registered office

Rookery Farm West
Nye
Near Hewish
Weston-Super-Mare
BS24 6TL

Accountants

Janet Essex
Chartered Accountants
Saville Court
11 Saville Place
Clifton
Bristol
BS8 4EJ

 

Willowavenue Limited

Directors' Report for the Year Ended 31 March 2025

The directors present their report and the financial statements for the year ended 31 March 2025.

Directors of the company

The directors who held office during the year were as follows:

RIM Lewis

JJ Cottrill

I Tewari

MPG Pepper

Principal activity

The principal activity of the company is the management and maintenance of the property known as 2 Wetherell Place Bristol

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 3 April 2025 and signed on its behalf by:
 

.........................................
MPG Pepper
Director

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Willowavenue Limited
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Willowavenue Limited for the year ended 31 March 2025 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Willowavenue Limited, as a body, in accordance with the terms of our engagement letter dated 2 December 2021. Our work has been undertaken solely to prepare for your approval the accounts of Willowavenue Limited and state those matters that we have agreed to state to the Board of Directors of Willowavenue Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Willowavenue Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Willowavenue Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Willowavenue Limited. You consider that Willowavenue Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Willowavenue Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Janet Essex
Chartered Accountants
Saville Court
11 Saville Place
Clifton
Bristol
BS8 4EJ

3 April 2025

 

Willowavenue Limited

Profit and Loss Account for the Year Ended 31 March 2025

Note

2025
£

2024
£

Turnover

 

2,600

6,000

Gross profit

 

2,600

6,000

Administrative expenses

 

(3,979)

(12,432)

Operating loss

 

(1,379)

(6,432)

Loss before tax

(1,379)

(6,432)

Loss for the financial year

 

(1,379)

(6,432)

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

Willowavenue Limited

Statement of Comprehensive Income for the Year Ended 31 March 2025

2025
£

2024
£

Loss for the year

(1,379)

(6,432)

Total comprehensive income for the year

(1,379)

(6,432)

 

Willowavenue Limited

(Registration number: 01759923)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Current assets

 

Cash at bank and in hand

 

660

2,024

Creditors: Amounts falling due within one year

5

(415)

(400)

Net assets

 

245

1,624

Capital and reserves

 

Called up share capital

6

4

4

Retained earnings

241

1,620

Shareholders' funds

 

245

1,624

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 3 April 2025 and signed on its behalf by:
 

.........................................
MPG Pepper
Director

 

Willowavenue Limited

Statement of Changes in Equity for the Year Ended 31 March 2025

Share capital
£

Retained earnings
£

Total
£

At 1 April 2024

4

1,620

1,624

Loss for the year

-

(1,379)

(1,379)

At 31 March 2025

4

241

245

Share capital
£

Retained earnings
£

Total
£

At 1 April 2023

4

8,052

8,056

Loss for the year

-

(6,432)

(6,432)

At 31 March 2024

4

1,620

1,624

 

Willowavenue Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in Wales.

The address of its registered office is:
Rookery Farm West
Nye
Near Hewish
Weston-Super-Mare
BS24 6TL

These financial statements were authorised for issue by the Board on 3 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Willowavenue Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

4

Debtors

Current

2025
£

2024
£

 

-

-

5

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Accruals and deferred income

415

400

6

Share capital

 

Willowavenue Limited

Detailed Profit and Loss Account for the Year Ended 31 March 2025

2025
 £

2024
 £

turnover (analysed below)

2,600

6,000

Gross profit (%)

100%

100%

Administrative expenses

Establishment costs (analysed below)

(3,528)

(11,863)

General administrative expenses (analysed below)

(449)

(563)

Finance charges (analysed below)

(2)

(6)

(3,979)

(12,432)

Operating loss

(1,379)

(6,432)

Loss before tax

(1,379)

(6,432)

 

Willowavenue Limited

Detailed Profit and Loss Account for the Year Ended 31 March 2025

2025
£

2024
£

   

Turnover

Rendering of services, UK

2,600

6,000

   

Establishment costs

Insurance

(2,739)

(2,455)

Repairs and renewals

(789)

(9,408)

(3,528)

(11,863)

   

General administrative expenses

Sundry expenses

(34)

(13)

Accountancy fees

(415)

(400)

Legal and professional fees

-

(150)

(449)

(563)

   

Finance charges

Bank charges

(2)

(6)