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REGISTERED NUMBER: 01359067 (England and Wales)





























Unaudited Financial Statements for the Year Ended 31 August 2024

for

Withy Trees Limited

Withy Trees Limited (Registered number: 01359067)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Withy Trees Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: L J Baron
A J Baron



SECRETARY: J M Baron



REGISTERED OFFICE: Oakhill Academy
Wiswell Lane
Whalley
Clitheroe
Lancashire
BB7 9AF



REGISTERED NUMBER: 01359067 (England and Wales)



ACCOUNTANTS: DonnellyBentley Limited
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY



BANKERS: Barclays Bank plc

Withy Trees Limited (Registered number: 01359067)

Balance Sheet
31 August 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,101,413 2,108,630

CURRENT ASSETS
Stocks 743 1,309
Debtors 5 147,973 262,776
Cash at bank and in hand 1,503 392
150,219 264,477
CREDITORS
Amounts falling due within one year 6 (607,641 ) (682,061 )
NET CURRENT LIABILITIES (457,422 ) (417,584 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,643,991

1,691,046

CREDITORS
Amounts falling due after more than one
year

7

(37,278

)

(74,734

)
NET ASSETS 1,606,713 1,616,312

CAPITAL AND RESERVES
Called up share capital 9 950 950
Capital redemption reserve 50 50
Retained earnings 1,605,713 1,615,312
SHAREHOLDERS' FUNDS 1,606,713 1,616,312

Withy Trees Limited (Registered number: 01359067)

Balance Sheet - continued
31 August 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 19 May 2025 and were signed on its behalf by:





L J Baron - Director


Withy Trees Limited (Registered number: 01359067)

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

1. STATUTORY INFORMATION

Withy Trees 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 total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods and services falling within the company's ordinary activities.

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.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Freehold property is no longer depreciated as, in the opinion of the directors, the estimated remaining useful economic life of the tangible fixed asset exceeds 50 years.
Freehold property is held at cost and is reviewed by the directors for impairment, in accordance with FRS11, at the end of each reporting period. Any surplus or deficit arising is taken to the profit and loss account.

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 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.

Withy Trees Limited (Registered number: 01359067)

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

2. ACCOUNTING POLICIES - continued

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 in respect of the directors and certain staff. The scheme and its assets are held separately from the company's assets by independent managers. The pension costs charged in the financial statements represent the contribution payable by the company during the year.

Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

Going concern
The accounts have been prepared on a going concern basis, the validity of which is, to some extent, dependent upon recoverability of the amounts due from connected companies. These companies are, in turn, supported by the director, Mr A J Baron.

Group accounts
The company is entitled to the exemption under Section 398 of the Companies Act 2006 from the obligation to prepare group accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Long and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 September 2023 2,205,936 252,648 10,549 2,469,133
Additions - - 1,211 1,211
At 31 August 2024 2,205,936 252,648 11,760 2,470,344
DEPRECIATION
At 1 September 2023 151,976 200,011 8,516 360,503
Charge for year - 7,895 533 8,428
At 31 August 2024 151,976 207,906 9,049 368,931
NET BOOK VALUE
At 31 August 2024 2,053,960 44,742 2,711 2,101,413
At 31 August 2023 2,053,960 52,637 2,033 2,108,630

Withy Trees Limited (Registered number: 01359067)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Fixtures
and
fittings
£   
COST
At 1 September 2023
and 31 August 2024 38,748
DEPRECIATION
At 1 September 2023 14,951
Charge for year 3,570
At 31 August 2024 18,521
NET BOOK VALUE
At 31 August 2024 20,227
At 31 August 2023 23,797

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,036 1,947
Amounts owed by associates 122,622 149,881
Other debtors - 100,000
Prepayments and accrued income 23,315 10,948
147,973 262,776

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 8,612 8,484
Trade creditors 17,048 21,140
Amounts owed to associates 487,187 543,449
Social security and other taxes 1,286 1,003
VAT 4,916 3,984
Other creditors 30,651 30,364
Directors' current accounts 29,550 51,165
Accruals and deferred income 28,391 22,472
607,641 682,061

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 8,904
Other creditors 37,278 65,830
37,278 74,734

Withy Trees Limited (Registered number: 01359067)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 8,612 17,388

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
950 Ordinary £1 950 950

10. RELATED PARTY DISCLOSURES

Mr A J Baron, has provided a Limited Guarantee to Barclays Bank plc for £100,000.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A.J. Baron (Holdings) Ltd.