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Company registration number:
07531486
Willow Property Ltd
Unaudited Filleted Financial Statements for the period ended
31 October 2024
Willow Property Ltd
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of Willow Property Ltd
Period ended
31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements
of
Willow Property Ltd
for the period ended
31 October 2024
which comprise the income statement, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/​regulations.
This report is made solely to the Board of Directors of
Willow Property Ltd
, as a body. Our work has been undertaken solely to prepare for your approval the
financial statements
of
Willow Property Ltd
and state those matters that we have agreed to state to the Board of Directors of
Willow Property Ltd
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
Willow Property Ltd
and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that
Willow Property Ltd
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
Willow Property Ltd
. You consider that
Willow Property Ltd
is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of Willow Property Ltd. 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 financial statements.
Proud Goulbourn
Office 16, Hamilton Davies House
117c Liverpool Road
Cadishead
Manchester
M44 5BG
United Kingdom
Date:
7 October 2025
Willow Property Ltd
Statement of Financial Position
31 October 2024

|  | 31 Oct 2024 | 28 Feb 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 5 | 104,366 |  | 104,366 |
Current assets |  |  |  |  |
Cash at bank and in hand |  | 1,713 |  | 470 |
Creditors: amounts falling due within one year | 6 | (43,463 | ) | (43,888 | )
Net current liabilities |  | (41,750 | ) | (43,418 | )
Total assets less current liabilities |  | 62,616 |  | 60,948 |
Creditors: amounts falling due after more than one year | 7 | (75,000 | ) | (75,000 | )
Net liabilities |  | (12,384 | ) | (14,052 | )
Capital and reserves |  |  |  |  |
Called up share capital |  | 1 |  | 1 |
Profit and loss account |  | (12,385 | ) | (14,053 | )
Shareholders deficit |  | (12,384 | ) | (14,052 | )

For the 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 financial statements for the period in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
7 October 2025
, and are signed on behalf of the board by:

G Brooks
Director

Company registration number:
07531486
Willow Property Ltd
Notes to the Financial Statements
Period ended
31 October 2024

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
4 Calder Avenue
,
Irlam
,
Manchester
,
M44 6WS
, .

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Turnover is the rental income received from tenants

## Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

## Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price .

## 4 Average number of employees

The average number of persons employed by the company during the period was Nil (2024: Nil).

## 5 Tangible assets

| Land and buildings
--- | ---
| £
Cost |  |
At 29 February 2024 and 31 October 2024 | 104,366 |
Depreciation |  |
At 29 February 2024 and 31 October 2024 | - |
Carrying amount |  |
At 31 October 2024 | 104,366 |
At 28 February 2024 | 104,366 |

## 6 Creditors: amounts falling due within one year

| 31 Oct 2024 | 28 Feb 2024
--- | --- | ---
| £ | £
Other creditors | 43,463 |  | 43,888 |

## 7 Creditors: amounts falling due after more than one year

| 31 Oct 2024 | 28 Feb 2024
--- | --- | ---
| £ | £
Other creditors | 75,000 |  | 75,000 |