Willowtree Caravan & Commercial Storage Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Willowtree Caravan & Commercial Storage Limited

Company Information

Director

M J Granville

Registered office

Suite 5 Corum 2 Corum Office Park Crown Way Warmley Bristol BS30 8FJ

Registered Number

05619587

Accountants

Verinder Powell Associates Limited Suite 5 Corum 2 Corum Office Park Crown Way Warmley Bristol BS30 8FJ

Willowtree Caravan & Commercial Storage Limited

(Registration number: 05619587)
Balance Sheet as at 29 December 2024

	Note	2024 £	2023 £
Current assets
Debtors	5	20,090	22,470
Cash at bank and in hand		-	342
		20,090	22,812
Creditors: Amounts falling due within one year	6	(19,889)	(18,870)
Net assets		201	3,942
Capital and reserves
Called up share capital		50	50
Retained earnings		151	3,892
Shareholders' funds		201	3,942

Willowtree Caravan & Commercial Storage Limited

(Registration number: 05619587)
Balance Sheet as at 29 December 2024

For the financial year ending 29 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 September 2025
 

......................................... M J Granville Director

Willowtree Caravan & Commercial Storage Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 December 2024

1	General information

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

The address of its registered office is:
Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

These financial statements were authorised for issue by the director on 25 September 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. The financial statements are prepared in Pounds Sterling (£), and are rounded to the nearest pound.

Going concern

The director is satisfied that the company has adequate resources to continue to operate for the foreseeable future. They have therefore prepared the financial statements on a going concern basis.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Willowtree Caravan & Commercial Storage Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 December 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Willowtree Caravan & Commercial Storage Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 December 2024

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 the director) during the year, was 1 (2023 - 1).

4	Tangible assets

	Short leasehold £	Fixtures and fittings £	Total £
Cost or valuation
At 30 December 2023	6,000	25,253	31,253
Disposals	(6,000)	(25,253)	(31,253)
At 29 December 2024	-	-	-
Depreciation
At 30 December 2023	6,000	25,253	31,253
Eliminated on disposal	(6,000)	(25,253)	(31,253)
At 29 December 2024	-	-	-
Carrying amount
At 29 December 2024	-	-	-

Willowtree Caravan & Commercial Storage Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 December 2024

5

Debtors

	Note	2024 £	2023 £
Amounts owed by related parties	7	7,816	10,196
Other debtors		12,274	12,274
		20,090	22,470

6

Creditors

Due within one year	Note	2024 £	2023 £
Loans and borrowings		8	-
Trade creditors		-	633
Taxation and social security		17,131	16,687
Accruals		2,750	1,550
		19,889	18,870

 

Willowtree Caravan & Commercial Storage Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 December 2024

7	Related party transactions

Loans to related parties

2024	Key management £	Other related parties £	Total £
At start of period	6,520	10,196	16,716
Advanced	-	5,981	5,981
Repaid	-	(8,361)	(8,361)
At end of period	6,520	7,816	14,336

2023	Key management £	Other related parties £	Total £
At start of period	31,520	17,438	48,958
Advanced	-	6,579	6,579
Repaid	(25,000)	(13,821)	(38,821)
At end of period	6,520	10,196	16,716

Terms of loans to related parties

The loans to key management are repayable on demand and interest is charged on loan balances owing to the company that exceed £10,000. interest is charged at the HMRC prevailing rate.
 
The loans to other related parties are interest free and repayable on demand.