Willowdene Rehabilitation Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04535520

		31 March 2025		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		340,367		366,356

			340,367		366,356
CURRENT ASSETS
Stocks	6	9,864		15,700
Debtors	7	278,661		336,116
Cash at bank and in hand		209,228		261,530

		497,753		613,346
Creditors: Amounts Falling Due Within One Year	8	(65,732 )		(138,261 )

NET CURRENT ASSETS (LIABILITIES)			432,021		475,085

TOTAL ASSETS LESS CURRENT LIABILITIES			772,388		841,441

Creditors: Amounts Falling Due After More Than One Year	9		-		(16,000 )

NET ASSETS			772,388		825,441

Income and Expenditure Account			772,388		825,441

MEMBERS' FUNDS			772,388		825,441

Page 1

Page 2

Willowdene Rehabilitation Limited

Balance Sheet (continued)

As At 31 March 2025

For the period 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Dr M C Home

Director

11 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Willowdene Rehabilitation Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 04535520 . The registered office is Hales Court, Stourbridge Road, Halesowen, West Midlands, B63 3TT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the income and expenditure account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10% straight line
Plant & Machinery	15% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% straight line or 15% reducing balance

2.5. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income and expenditure account.

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income and expenditure account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income and expenditure account as incurred.

2.7. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 45 (2023: 40)

Page 3

Page 4

Willowdene Rehabilitation Limited

Notes to the Financial Statements (continued)

For the Period 1 January 2024 to 31 March 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2024	215,544

As at 31 March 2025	215,544

Amortisation
As at 1 January 2024	215,544

As at 31 March 2025	215,544

Net Book Value
As at 31 March 2025	-

As at 1 January 2024	-

5. Tangible Assets

	Investment Properties	Plant & Machinery	Total
	£	£	£
Cost
As at 1 January 2024	1,186,200	502,689	1,688,889
Additions	103,997	39,504	143,501

As at 31 March 2025	1,290,197	542,193	1,832,390

Depreciation
As at 1 January 2024	996,680	325,853	1,322,533
Provided during the period	109,873	59,617	169,490

As at 31 March 2025	1,106,553	385,470	1,492,023

Net Book Value
As at 31 March 2025	183,644	156,723	340,367

As at 1 January 2024	189,520	176,836	366,356

6. Stocks

	31 March 2025	31 December 2023
	£	£
Stock	9,864	15,700

7. Debtors

	31 March 2025	31 December 2023
	£	£
Due within one year
Trade debtors	111,595	132,281
Other debtors	167,066	203,835

	278,661	336,116

Page 4

Page 5

Willowdene Rehabilitation Limited

Notes to the Financial Statements (continued)

For the Period 1 January 2024 to 31 March 2025

8. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 December 2023
	£	£
Trade creditors	22,222	17,041
Bank loans and overdrafts	-	9,722
Other taxes and social security	30,792	30,385
Other creditors	12,718	81,113

	65,732	138,261

9. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025	31 December 2023
	£	£
Bank loans	-	16,000

11. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

Page 5