REGISTERED NUMBER: 02852669 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

WILLOWBROOK HOSPICE TRADING COMPANY

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A R Foster

Mrs R A Martland

Mr J I Toohey

REGISTERED OFFICE:

Portico Lane

Prescot

Merseyside

L34 2QT

REGISTERED NUMBER:

02852669 (England and Wales)

AUDITORS:

Livesey Spottiswood Ltd

Chartered Accountants and

Statutory Auditors

17 George Street

St Helens

Merseyside

WA10 1DB

FIXED ASSETS

Tangible assets

4

59,017

72,914

CURRENT ASSETS

Stocks

5

1,840

1,129

Debtors

6

141,900

104,491

Cash at bank

91,305

98,807

235,045

204,427

CREDITORS

Amounts falling due within one year

7

(198,945

)

(228,869

)

NET CURRENT ASSETS/(LIABILITIES)

36,100

(24,442

)

TOTAL ASSETS LESS CURRENT LIABILITIES

95,117

48,472

CAPITAL AND RESERVES

Called up share capital

9

6

6

Retained earnings

10

95,111

48,466

SHAREHOLDERS' FUNDS

95,117

48,472

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 10 November 2025 and were signed on its behalf by:

Mr J I Toohey - Director

Mr A R Foster - Director

1.	STATUTORY INFORMATION

Willowbrook Hospice Trading Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover is the total amount receivable by the company for goods supplied and services provided, excluding VAT and trade discounts plus lottery income.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred in respect of the transaction can be measured reliably.

Lottery income is accounted for in respect of those draws that have taken place in the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Shop fittings and equipment

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

The need for any impairment of a fixed asset write-down is considered if there is concern over the carrying value of an asset and is assessed by comparing that carrying value against the value in use or realisable value of the asset when appropriate.

Stocks

Stock of retail goods is included at the lower of cost and estimated selling price less costs to complete and sell on a first in first out basis. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the average cost formula. Donated items of stock for resale or distribution are not included in the financial statements until they are sold or distributed because the directors consider it impractical to be able to assess the amount of donated stocks as there are no systems in place which record those items until they are sold and undertaking a stock take would incur undue cost for the company which far outweighs the benefits.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

Employee benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

Leased assets

Rentals payable under operating leases are charged against profits on a straight line basis over the periods of the leases. Assets acquired under finance leases and hire purchase contracts are capitalised as tangible fixed assets and depreciated in accordance with the accounting policy on depreciation. The related obligations, net of finance costs allocated to future periods, are included in creditors. Finance costs are charged against profits on a straight line basis over the periods of the contracts.

Grants

Government grants are recognised when it is reasonable to expect that the grants will be received and that all related conditions will be met, usually on submission of a valid claim for payment. Grants of a revenue nature are credited to income so as to match them with the expenditure to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2024 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Shop

fittings

and

Motor

Computer

equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

179,696

23,099

2,848

205,643

Disposals

-

(10,900

)

-

(10,900

)

At 31 March 2025

179,696

12,199

2,848

194,743

DEPRECIATION

At 1 April 2024

106,782

23,099

2,848

132,729

Charge for year

13,897

-

-

13,897

Eliminated on disposal

-

(10,900

)

-

(10,900

)

At 31 March 2025

120,679

12,199

2,848

135,726

NET BOOK VALUE

At 31 March 2025

59,017

-

-

59,017

At 31 March 2024

72,914

-

-

72,914

5.

STOCKS

2025

2024

£

£

Stocks

1,840

1,129

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

25,270

14,705

Other debtors

3,500

2,850

Amounts due from Willowbrook

Hospice

50,395

-

VAT

16,125

24,530

Prepayments and accrued income

46,610

62,406

141,900

104,491

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

53,348

102,658

Social security and other taxes

10,912

10,475

Other creditors

4,720

6,940

Accruals and deferred income

129,965

108,796

198,945

228,869

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

18,694

13,407

Between one and five years

6,617

20,024

25,311

33,431

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

6

Ordinary

£1

6

6

10.

RESERVES

Retained

earnings

£

At 1 April 2024

48,466

Profit for the year

1,006,640

Gift aid donation to parent charity

(959,995

)

At 31 March 2025

95,111

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew McMinnis FCA FCCA (Senior Statutory Auditor)

for and on behalf of Livesey Spottiswood Ltd

12.	RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of Willowbrook Hospice, a charitable company incorporated in England and Wales, whose registered office is Portico Lane, Prescot, L35 7JS.

During the year, the company has made gift aid donations to Willowbrook Hospice amounting to £959,995 (2024 - £960,000).

13.	PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.