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REGISTERED NUMBER: 04262214 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Willow Valley Engineering Limited

Willow Valley Engineering Limited (Registered number: 04262214)

Contents of the Financial Statements
for the Year Ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Willow Valley Engineering Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: D Call
Mrs C L Call





SECRETARY: D Call





REGISTERED OFFICE: Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS





REGISTERED NUMBER: 04262214 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

Willow Valley Engineering Limited (Registered number: 04262214)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 163,456 181,079

CURRENT ASSETS
Stocks 116,150 133,999
Debtors 5 83,481 114,293
Cash at bank and in hand 114,659 234,279
314,290 482,571
CREDITORS
Amounts falling due within one year 6 207,920 233,890
NET CURRENT ASSETS 106,370 248,681
TOTAL ASSETS LESS CURRENT
LIABILITIES

269,826

429,760

CREDITORS
Amounts falling due after more than one year 7 (112,510 ) (87,472 )

PROVISIONS FOR LIABILITIES 8 (23,035 ) (25,870 )
NET ASSETS 134,281 316,418

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 134,278 316,415
SHAREHOLDERS' FUNDS 134,281 316,418

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 23 April 2025 and were signed on its behalf by:




D Call - Director


Willow Valley Engineering Limited (Registered number: 04262214)

Notes to the Financial Statements
for the Year Ended 31 July 2024


1. STATUTORY INFORMATION

Willow Valley Engineering 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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and Machinery - 15% on reducing balance
Office Equipment - 15% on reducing balance
Motor Vehicles - 25% on reducing balance
Computer Equipment - 25% on cost

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 16 (2023 - 21 ) .

4. TANGIBLE FIXED ASSETS
Plant and Office Motor Computer
Machinery Equipment Vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 August 2023 231,876 4,152 168,448 10,553 415,029
Additions 22,044 2,932 20,043 3,029 48,048
Disposals - - (23,079 ) - (23,079 )
At 31 July 2024 253,920 7,084 165,412 13,582 439,998
DEPRECIATION
At 1 August 2023 176,384 3,152 47,006 7,408 233,950
Charge for year 11,631 589 34,075 3,395 49,690
Eliminated on disposal - - (7,098 ) - (7,098 )
At 31 July 2024 188,015 3,741 73,983 10,803 276,542
NET BOOK VALUE
At 31 July 2024 65,905 3,343 91,429 2,779 163,456
At 31 July 2023 55,492 1,000 121,442 3,145 181,079

Willow Valley Engineering Limited (Registered number: 04262214)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade Debtors 82,518 114,027
Tax 697 -
Prepayments 266 266
83,481 114,293

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade Creditors 53,806 56,367
Tax 114,339 114,339
Social security and other taxes 10,115 14,412
VAT 22,861 41,473
Other creditors (923 ) (923 )
Directors' loan accounts 110 610
Accrued Expenses 7,612 7,612
207,920 233,890

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans more 5 yr by instal 48,306 9,951
Hire purchase contracts 64,204 77,521
112,510 87,472

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 48,306 9,951

8. PROVISIONS FOR LIABILITIES
31.7.24 31.7.23
£    £   
Deferred tax 23,035 25,870

Deferred
tax
£   
Balance at 1 August 2023 25,870
Deferred Tax (2,835 )
Balance at 31 July 2024 23,035

9. RELATED PARTY DISCLOSURES

The company is controlled by the company director.