REGISTERED NUMBER: 13262877 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Willow & Co (Cotswolds) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs S Norman

REGISTERED OFFICE:

13 Old Ilsom Farm Road

Tetbury

Gloucestershire

GL8 8RZ

REGISTERED NUMBER:

13262877 (England and Wales)

FIXED ASSETS

Tangible assets

4

15,176

8,555

CURRENT ASSETS

Stocks

6,228

5,875

Cash at bank and in hand

5,409

20,507

11,637

26,382

CREDITORS

Amounts falling due within one year

5

57,130

34,608

NET CURRENT LIABILITIES

(45,493

)

(8,226

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(30,317

)

329

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(30,417

)

229

(30,317

)

329

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 director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 December 2025 and were signed by:

Mrs S Norman - Director

1.	STATEMENT OF COMPLIANCE

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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

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 the cost less estimated residual value of each asset over its estimated useful life.

Short leasehold

-

10% on straight line basis

Plant and machinery

-

25% on straight line basis

Fixtures and fittings

-

25% on straight line basis

Computer equipment

-

33% on straight line basis

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Going concern

The director has considered going concern and believe this to be an appropriate basis on which to prepare these accounts. The director has agreed to continue to support the company to ensure that it can meet its obligations as they fall due.

Impairment of fixed assets

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.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

11,356

1,030

620

1,123

14,129

Additions

3,937

-

6,522

-

10,459

At 31 March 2025

15,293

1,030

7,142

1,123

24,588

DEPRECIATION

At 1 April 2024

3,747

772

465

590

5,574

Charge for year

1,529

258

1,785

266

3,838

At 31 March 2025

5,276

1,030

2,250

856

9,412

NET BOOK VALUE

At 31 March 2025

10,017

-

4,892

267

15,176

At 31 March 2024

7,609

258

155

533

8,555

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,775

206

Social security and other taxes

(1,222

)

25

Net wages

4,574

2,822

VAT

5,063

803

Other creditors

653

181

Directors' current accounts

37,134

23,479

Accruals and deferred income

9,153

7,092

57,130

34,608