The Old Willow Works (Beckingham) Limited 15213347 false 2023-10-16 2024-10-31 2024-10-31 The principal activity of the company is Other letting and operating of own or leased real estate Digita Accounts Production Advanced 6.30.9574.0 true true 15213347 2023-10-16 2024-10-31 15213347 2024-10-31 15213347 core:CurrentFinancialInstruments 2024-10-31 15213347 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 15213347 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 15213347 core:FurnitureFittings 2024-10-31 15213347 core:LandBuildings core:OwnedOrFreeholdAssets 2024-10-31 15213347 core:OfficeEquipment 2024-10-31 15213347 core:PlantMachinery 2024-10-31 15213347 bus:SmallEntities 2023-10-16 2024-10-31 15213347 bus:AuditExemptWithAccountantsReport 2023-10-16 2024-10-31 15213347 bus:FilletedAccounts 2023-10-16 2024-10-31 15213347 bus:SmallCompaniesRegimeForAccounts 2023-10-16 2024-10-31 15213347 bus:Director1 2023-10-16 2024-10-31 15213347 bus:CompanyLimitedByGuarantee 2023-10-16 2024-10-31 15213347 core:Buildings 2023-10-16 2024-10-31 15213347 core:ComputerEquipment 2023-10-16 2024-10-31 15213347 core:FurnitureFittings 2023-10-16 2024-10-31 15213347 core:LandBuildings core:OwnedOrFreeholdAssets 2023-10-16 2024-10-31 15213347 core:OfficeEquipment 2023-10-16 2024-10-31 15213347 core:PlantMachinery 2023-10-16 2024-10-31 15213347 countries:England 2023-10-16 2024-10-31 iso4217:GBP xbrli:pure

Registration number: 15213347

The Old Willow Works (Beckingham) Limited
(A company limited by guarantee)
Unaudited Financial Statements
for the Period from 16 October 2023 to 31 October 2024

The Old Willow Works (Beckingham) Limited

(Registration number: 15213347)
Balance Sheet as at 31 October 2024

| Note | 2024 £
Fixed assets |  |
Tangible assets | 3 | 139,731
Current assets |  |
Stocks | 4 | 500
Debtors | 5 | 16,092
Cash at bank and in hand |  | 17,393
|  | 33,985
Creditors: Amounts falling due within one year | 6 | (96,727)
Net current liabilities |  | (62,742)
Total assets less current liabilities |  | 76,989
Creditors: Amounts falling due after more than one year | 6 | (106,156)
Net liabilities |  | (29,167)
Reserves |  |
Retained earnings |  | (29,167)
Deficit |  | (29,167)

For the financial period ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 10 October 2025 and signed on its behalf by:

.........................................

Mr Dale Difuria

Director

The Old Willow Works (Beckingham) Limited

Notes to the Unaudited Financial Statements for the Period from 16 October 2023 to 31 October 2024

1 | Accounting policies

Statutory information

The Old Willow Works (Beckingham) Limited is a private company, limited by guarantee, domiciled in England and Wales, company number 15213347. The registered office is at Paddock Farm, Wood Lane, Beckingham, Doncaster, DN10 4NR.

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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 presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

The Old Willow Works (Beckingham) Limited

Notes to the Unaudited Financial Statements for the Period from 16 October 2023 to 31 October 2024 (continued)

1 | Accounting policies (continued)

Asset class | Depreciation method and rate
Buildings | 2% straight line
Plant & Machinery | 10% straight line
Fixtures & Fittings | 10% straight line
Computer Equipment | 33.33% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

2 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 11.

The Old Willow Works (Beckingham) Limited

Notes to the Unaudited Financial Statements for the Period from 16 October 2023 to 31 October 2024 (continued)

3 | Tangible assets

| Land and buildings £ | Fixtures and fittings £ | Plant and machinery £ | Office equipment £ | Total £
Cost
Additions | 122,594 | 11,373 | 5,670 | 1,107 | 140,744
At 31 October 2024 | 122,594 | 11,373 | 5,670 | 1,107 | 140,744
Depreciation
Charge for the period | 545 | 247 | 174 | 47 | 1,013
At 31 October 2024 | 545 | 247 | 174 | 47 | 1,013
Carrying amount
At 31 October 2024 | 122,049 | 11,126 | 5,496 | 1,060 | 139,731

Included within the net book value of land and buildings above is £122,049 in respect of freehold land and buildings.

The Old Willow Works (Beckingham) Limited

Notes to the Unaudited Financial Statements for the Period from 16 October 2023 to 31 October 2024 (continued)

4 | Stocks

| 2024 £
Other inventories | 500

5 | Debtors

Current | 2024 £
Prepayments | 4,472
Other debtors | 11,620
| 16,092

6 | Creditors

Creditors: amounts falling due within one year

| 2024 £
Due within one year |
Trade creditors | 92,913
Taxation and social security | 2,064
Accruals and deferred income | 1,750
| 96,727

Creditors: amounts falling due after more than one year

| 2024 £
Due after one year |
Loans and borrowings | 106,156

7 | Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.