Company Registration No. 14645307 (England and Wales)
Willows Care Southern Limited
Unaudited accounts
for the year ended 31 December 2024
Willows Care Southern Limited
Unaudited accounts
Contents
Willows Care Southern Limited
Company Information
for the year ended 31 December 2024
Director
Israel Yoav Rosenfeld
Company Number
14645307 (England and Wales)
Registered Office
70a Osbaldeston Road
London
N16 7DR
England
Willows Care Southern Limited
Statement of financial position
as at 31 December 2024
Tangible assets
1,077,999
1,047,497
Cash at bank and in hand
138,932
189,921
Creditors: amounts falling due within one year
(153,037)
(180,905)
Net current assets
600,135
207,858
Total assets less current liabilities
1,678,134
1,255,355
Creditors: amounts falling due after more than one year
(1,615,725)
(1,276,000)
Net assets/(liabilities)
62,409
(20,645)
Called up share capital
100
100
Profit and loss account
62,309
(20,745)
Shareholders' funds
62,409
(20,645)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 November 2025 and were signed on its behalf by
Israel Yoav Rosenfeld
Director
Company Registration No. 14645307
Willows Care Southern Limited
Notes to the Accounts
for the year ended 31 December 2024
Willows Care Southern Limited is a private company, limited by shares, registered in England and Wales, registration number 14645307. The registered office is 70a Osbaldeston Road, London, N16 7DR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 7 February 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% reducing balance basis
Fixtures & fittings
25% reducing balance basis
Computer equipment
15% reducing balance basis
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Willows Care Southern Limited
Notes to the Accounts
for the year ended 31 December 2024
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Tangible fixed assets
Total
At 1 January 2024
1,047,497
At 31 December 2024
1,081,721
At 31 December 2024
1,077,999
At 31 December 2023
1,047,497
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Transactions with related parties
Included within debtors is an amount of £466,232 (2023: £106,257) due from the company’s parent undertaking
Included within creditors is an amount of £3,000 (2023: £3,000 ) due to a company with a director in common with this company.
The company’s immediate parent company is Afir Homes Ltd of 70a Osbaldeston Road, London, England, N16 7DR.
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Average number of employees
During the year the average number of employees was 0 (2023: 0).