REGISTERED NUMBER: 04332001 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Willsave Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms C A Heikkila

Ms C C Low

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

04332001 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Tangible assets

4

2,865

1,816

Investment property

5

498,902

778,902

501,767

780,718

CURRENT ASSETS

Cash at bank

447,223

29,576

CREDITORS

Amounts falling due within one year

6

(592,422

)

(550,878

)

NET CURRENT LIABILITIES

(145,199

)

(521,302

)

TOTAL ASSETS LESS CURRENT LIABILITIES

356,568

259,416

CAPITAL AND RESERVES

Called up share capital

50

50

Revaluation reserve

7

38,000

150,000

Retained earnings

318,518

109,366

SHAREHOLDERS' FUNDS

356,568

259,416

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 December 2025 and were signed on its behalf by:

Ms C A Heikkila - Director

1.	STATUTORY INFORMATION

Willsave 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

8,937

1,515

10,452

Additions

-

1,867

1,867

At 31 March 2025

8,937

3,382

12,319

DEPRECIATION

At 1 April 2024

7,908

728

8,636

Charge for year

154

664

818

At 31 March 2025

8,062

1,392

9,454

NET BOOK VALUE

At 31 March 2025

875

1,990

2,865

At 31 March 2024

1,029

787

1,816

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

778,902

Disposals

(168,000

)

Revaluations

(112,000

)

At 31 March 2025

498,902

NET BOOK VALUE

At 31 March 2025

498,902

At 31 March 2024

778,902

Fair value at 31 March 2025 is represented by:

£

Valuation in 2024

778,902

Valuation in 2025

(280,000

)

498,902

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

46,474

5,216

Other creditors

545,948

545,662

592,422

550,878

7.

RESERVES

Revaluation

reserve

£

At 1 April 2024

150,000

Revaluation

(112,000

)

At 31 March 2025

38,000

8.	RELATED PARTIES

Key management personnel are the Directors of the company who are also shareholders. There is no one person with overall control.