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Company No: 15052513 (England and Wales)

BK THE WILLOWS LTD

Unaudited Financial Statements
For the financial period from 07 August 2023 to 30 November 2024
Pages for filing with the registrar

BK THE WILLOWS LTD

Unaudited Financial Statements

For the financial period from 07 August 2023 to 30 November 2024

Contents

BK THE WILLOWS LTD

BALANCE SHEET

As at 30 November 2024
BK THE WILLOWS LTD

BALANCE SHEET (continued)

As at 30 November 2024
Note 30.11.2024
£
Fixed assets
Tangible assets 3 1,058,978
1,058,978
Current assets
Debtors 4 49,813
Cash at bank and in hand 12,885
62,698
Creditors: amounts falling due within one year 5 ( 1,226,533)
Net current liabilities (1,163,835)
Total assets less current liabilities (104,857)
Net liabilities ( 104,857)
Capital and reserves
Called-up share capital 6 100
Profit and loss account ( 104,957 )
Total shareholders' deficit ( 104,857)

For the financial period ending 30 November 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of BK The Willows Ltd (registered number: 15052513) were approved and authorised for issue by the Board of Directors on 07 August 2025. They were signed on its behalf by:

P Kemp
Director
BK THE WILLOWS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 07 August 2023 to 30 November 2024
BK THE WILLOWS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 07 August 2023 to 30 November 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

BK The Willows Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Winton House, Winton Square, Basingstoke, Hampshire, RG21 8EN, United Kingdom.

The financial statements have been prepared under the historical cost convention, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of BK The Willows Ltd is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The directors have assessed the Balance Sheet and forecasted cash flows covering a period of 12 months from the date of approval of these financial statements. The directors note that the business has net liabilities of £104,957. The Company is supported through loans from the directors. The directors have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the directors will continue to support the Company. Based on this ongoing financial support, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost , net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings not depreciated
Leasehold improvements not depreciated
Office equipment not depreciated

Depreciation has not been charged for the period and will commence once the property is in use.

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit and loss account.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

Period from
07.08.2023 to
30.11.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 2

3. Tangible assets

Land and buildings Leasehold improve-
ments
Office equipment Total
£ £ £ £
Cost
At 07 August 2023 0 0 0 0
Additions 618,594 436,619 3,765 1,058,978
At 30 November 2024 618,594 436,619 3,765 1,058,978
Accumulated depreciation
At 07 August 2023 0 0 0 0
At 30 November 2024 0 0 0 0
Net book value
At 30 November 2024 618,594 436,619 3,765 1,058,978

4. Debtors

30.11.2024
£
Amounts owed by directors 1,256
Prepayments 2,036
VAT recoverable 46,521
49,813

5. Creditors: amounts falling due within one year

30.11.2024
£
Bank loans 99,915
Trade creditors 32,107
Other taxation and social security 4,420
Other creditors 1,090,091
1,226,533

Included within other creditors is a loan of £646,023 which has been secured upon the property owned by the company.

6. Called-up share capital

30.11.2024
£
Allotted, called-up and fully-paid
80 A ordinary shares of £ 1.00 each 80
20 B ordinary shares of £ 1.00 each 20
100

During the period, 100 ordinary A & B shares have been issued at par.

7. Related party transactions

During the period, the Company was loaned £436,066 by a director of the Company. Interest is being charged at 1% and the loan is repayable on demand.

During the period, the Company advanced £1,256 to a director of the Company. This remained outstanding at the period end. No interest is being charged and the loan is repayable on demand.