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Company Registration No. 02258242 (England and Wales)
Lotwillow Limited Unaudited accounts for the year ended 31 March 2025
Lotwillow Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Lotwillow Limited Company Information for the year ended 31 March 2025
Directors
J M Davies G R Davies
Secretary
J M Davies
Company Number
02258242 (England and Wales)
Registered Office
4 Victoria Road Ascot Berkshire SL5 9DA
Accountants
Ruffett Accountancy Limited Hillside Lodge Ridgeway Woking Surrey GU21 4QP
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Lotwillow Limited for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Lotwillow Limited for the year ended 31 March 2025 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Lotwillow Limited, as a body, in accordance with the terms of our engagement letter dated 4 July 2019. Our work has been undertaken solely to prepare for your approval the accounts of Lotwillow Limited and state those matters that we have agreed to state to the Board of Directors of Lotwillow Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lotwillow Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Lotwillow Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lotwillow Limited. You consider that Lotwillow Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Lotwillow Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Ruffett Accountancy Limited Chartered Certified Accountants Hillside Lodge Ridgeway Woking Surrey GU21 4QP 1 October 2025
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Lotwillow Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Current assets
Debtors
5
3,033
1,332
Cash at bank and in hand
2,987
3,466
6,020
4,798
Creditors: amounts falling due within one year
6
(4,188)
(3,713)
Net current assets
1,832
1,085
Net assets
1,832
1,085
Capital and reserves
Called up share capital
7
10
10
Profit and loss account
1,822
1,075
Shareholders' funds
1,832
1,085
For the year ending 31 March 2025 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2025 and were signed on its behalf by
J M Davies Director Company Registration No. 02258242
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Lotwillow Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Lotwillow Limited is a private company, limited by shares, registered in England and Wales, registration number 02258242. The registered office is 4 Victoria Road, Ascot, Berkshire, SL5 9DA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight line
Motor vehicles
25% Reducing balance
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 April 2024
19,324
At 31 March 2025
19,324
Depreciation
At 1 April 2024
19,324
At 31 March 2025
19,324
Net book value
At 31 March 2025
-
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
2,384
1,332
Amounts falling due after more than one year
Other debtors
649
-
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Lotwillow Limited Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
17
-
Taxes and social security
1,196
1,491
Loans from directors
2,125
1,372
Accruals
850
850
4,188
3,713
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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