IRIS Accounts Production v25.1.4.42 08743354 Board of Directors 1.11.23 31.10.24 31.10.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087433542023-10-31087433542024-10-31087433542023-11-012024-10-31087433542022-10-31087433542022-11-012023-10-31087433542023-10-3108743354ns15:EnglandWales2023-11-012024-10-3108743354ns14:PoundSterling2023-11-012024-10-3108743354ns10:Director12023-11-012024-10-3108743354ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3108743354ns10:SmallEntities2023-11-012024-10-3108743354ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3108743354ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3108743354ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3108743354ns10:AbridgedAccounts2023-11-012024-10-3108743354ns10:Director22023-11-012024-10-3108743354ns10:RegisteredOffice2023-11-012024-10-3108743354ns5:CurrentFinancialInstruments2024-10-3108743354ns5:CurrentFinancialInstruments2023-10-3108743354ns5:ShareCapital2024-10-3108743354ns5:ShareCapital2023-10-3108743354ns5:RetainedEarningsAccumulatedLosses2024-10-3108743354ns5:RetainedEarningsAccumulatedLosses2023-10-3108743354ns5:MotorVehicles2023-11-012024-10-3108743354ns5:ComputerEquipment2023-11-012024-10-3108743354ns5:RetainedEarningsAccumulatedLosses2023-10-3108743354ns5:RetainedEarningsAccumulatedLosses2023-11-012024-10-31
REGISTERED NUMBER: 08743354 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

WILLOW TEC LIMITED

WILLOW TEC LIMITED (REGISTERED NUMBER: 08743354)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 October 2024










Page

Company Information 1

Abridged Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


WILLOW TEC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 October 2024







DIRECTORS: Mr S D Marshall
Mrs J C Marshall





REGISTERED OFFICE: Pegwood House 4 The Mount
Hoggarth Close
Petersfield
Hampshire
GU31 4YS





REGISTERED NUMBER: 08743354 (England and Wales)





ACCOUNTANTS: Wallis White & Co
Accountants and Tax Consultants
The Ivy House
1 Folly Lane
Petersfield
Hampshire
GU31 4AU

WILLOW TEC LIMITED (REGISTERED NUMBER: 08743354)

ABRIDGED BALANCE SHEET
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 47,852 49,580

CURRENT ASSETS
Debtors 39,329 29,008
Cash at bank 179,814 151,585
219,143 180,593
CREDITORS
Amounts falling due within one year 42,776 36,559
NET CURRENT ASSETS 176,367 144,034
TOTAL ASSETS LESS CURRENT
LIABILITIES

224,219

193,614

PROVISIONS FOR LIABILITIES 8,341 7,693
NET ASSETS 215,878 185,921

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 5 215,876 185,919
SHAREHOLDERS' FUNDS 215,878 185,921

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

WILLOW TEC LIMITED (REGISTERED NUMBER: 08743354)

ABRIDGED BALANCE SHEET - continued
31 October 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 March 2025 and were signed on its behalf by:





Mr S D Marshall - Director


WILLOW TEC LIMITED (REGISTERED NUMBER: 08743354)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 October 2024


1. STATUTORY INFORMATION

Willow Tec 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 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.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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

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 5 (2023 - 5 ) .

WILLOW TEC LIMITED (REGISTERED NUMBER: 08743354)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 October 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2023 125,379
Additions 16,350
Disposals (7,107 )
At 31 October 2024 134,622
DEPRECIATION
At 1 November 2023 75,799
Charge for year 18,078
Eliminated on disposal (7,107 )
At 31 October 2024 86,770
NET BOOK VALUE
At 31 October 2024 47,852
At 31 October 2023 49,580

5. RESERVES
Retained
earnings
£   

At 1 November 2023 185,919
Profit for the year 82,957
Dividends (53,000 )
At 31 October 2024 215,876