WILLOWCOMBE LIMITED

Company Registration Number:
01215712 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

WILLOWCOMBE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

WILLOWCOMBE LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 7,428,180 7,429,243
Investments:   0 0
Total fixed assets: 7,428,180 7,429,243
Current assets
Stocks: 0 0
Debtors:   114,128 115,880
Cash at bank and in hand: 45,951 45,934
Investments:   0 0
Total current assets: 160,079 161,814
Creditors: amounts falling due within one year:   (37,735) (39,436)
Net current assets (liabilities): 122,344 122,378
Total assets less current liabilities: 7,550,524 7,551,621
Creditors: amounts falling due after more than one year:   (253,750) (253,750)
Provision for liabilities: (1,138,738) (1,138,738)
Total net assets (liabilities): 6,158,036 6,159,133
Capital and reserves
Called up share capital: 12,009 12,009
Share premium account: 333,179 333,179
Revaluation reserve: 00
Other reserves: 400 400
Profit and loss account: 5,812,448 5,813,545
Shareholders funds: 6,158,036 6,159,133

The notes form part of these financial statements

WILLOWCOMBE LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 September 2025
and signed on behalf of the board by:

Name: S Lupton
Status: Director

The notes form part of these financial statements

WILLOWCOMBE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Other accounting policies

Investment property Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

WILLOWCOMBE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 4 4

WILLOWCOMBE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 7,443,185
At 31 December 2024 7,443,185
Depreciation
At 01 January 2024 13,942
Charge for year 1,063
At 31 December 2024 15,005
Net book value
At 31 December 2024 7,428,180
At 31 December 2023 7,429,243

WILLOWCOMBE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Related party transactions

Name of the related party: Cherryoak Limited
Relationship:
Parent
Description of the Transaction: Management fee
£
Balance at 01 January 2024 19,152
Balance at 31 December 2024 19,187
Name of the related party: Thurland Limited
Relationship:
Group company
Description of the Transaction: Management fee
£
Balance at 01 January 2024 7,140
Balance at 31 December 2024 7,005