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Company No: 11948935 (England and Wales)

# WILLOW FARM ESTATE KENT LIMITED

### Unaudited Financial Statements
For the financial year ended 30 April 2025
Pages for filing with the registrar

WILLOW FARM ESTATE KENT LIMITED

## Unaudited Financial Statements

For the financial year ended 30 April 2025

Contents

WILLOW FARM ESTATE KENT LIMITED

## COMPANY INFORMATION

For the financial year ended 30 April 2025
WILLOW FARM ESTATE KENT LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 30 April 2025

Director | Mr K Childs

Registered office | Willow Farm Hansletts Lane
| Ospringe
| Faversham
| ME13 0RS
| United Kingdom

Company number | 11948935 (England and Wales)

Accountant | Kreston Reeves LLP
| 37 St Margarets Street
| Canterbury
| Kent
| CT1 2TU

## ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF WILLOW FARM ESTATE KENT LIMITED

For the financial year ended 30 April 2025

## ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF WILLOW FARM ESTATE KENT LIMITED (continued)

For the financial year ended 30 April 2025

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 Farm Estate Kent Limited for the financial year ended 30 April 2025 which comprise the Balance Sheet and the related notes 1 to 6 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 www.icaew.com/regulation.
It is your duty to ensure that Willow Farm Estate Kent Limited 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 Farm Estate Kent Limited. You consider that Willow Farm Estate Kent Limited is exempt from the statutory audit requirement for the financial year.
We have not been instructed to carry out an audit or a review of the financial statements of Willow Farm Estate Kent Limited. 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.

This report is made solely to the Director of Willow Farm Estate Kent Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Willow Farm Estate Kent Limited and state those matters that we have agreed to state to the director of Willow Farm Estate Kent Limited, 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 Farm Estate Kent Limited and its Director as a body for our work or for this report.

Kreston Reeves LLP

37 St Margarets Street
Canterbury
Kent
CT1 2TU

14 January 2026

WILLOW FARM ESTATE KENT LIMITED

## BALANCE SHEET

As at 30 April 2025
WILLOW FARM ESTATE KENT LIMITED

## BALANCE SHEET (continued)

As at 30 April 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 769,136 |  | 747,078
|  | 769,136 |  | 747,078
Current assets |  |  |  |
Debtors |  | 7,410 |  | 2,021
Cash at bank and in hand |  | 88,115 |  | 7,415
|  | 95,525 |  | 9,436
Creditors: amounts falling due within one year | 4 | ( 162,121) |  | ( 84,433)
Net current liabilities |  | (66,596) |  | (74,997)
Total assets less current liabilities |  | 702,540 |  | 672,081
Creditors: amounts falling due after more than one year | 5 | ( 397,617) |  | ( 439,002)
Net assets |  | 304,923 |  | 233,079
Capital and reserves |  |  |  |
Called-up share capital |  | 100 |  | 100
Profit and loss account |  | 304,823 |  | 232,979
Total shareholder's funds |  | 304,923 |  | 233,079

For the financial year ending 30 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Willow Farm Estate Kent Limited (registered number: 11948935) were approved and authorised for issue by the Director on 14 January 2026. They were signed on its behalf by:

Mr K Childs Director |

WILLOW FARM ESTATE KENT LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2025
WILLOW FARM ESTATE KENT LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Willow Farm Estate Kent Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Willow Farm Hansletts Lane, Ospringe, Faversham, ME13 0RS, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

##### Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements | not depreciated
Plant and machinery | 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Borrowing costs

Borrowing costs that are directly attributable to acquisition, construction or production of qualifying assets, are capitalised as part of the cost of those assets. Capitalisation begins when both finance costs and expenditures for the asset are being incurred and activities that are necessary to get the asset ready for use are in progress. Capitalisation ceases when substantially all the activities that are necessary to get the asset ready for use are complete.
All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 1 |  | 1

#### 3. Tangible assets

| Leasehold improve- ments |  | Plant and machinery |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 May 2024 | 717,601 |  | 47,784 |  | 765,385
Additions | 27,953 |  | 0 |  | 27,953
At 30 April 2025 | 745,554 |  | 47,784 |  | 793,338
Accumulated depreciation |  |  |  |  |
At 01 May 2024 | 0 |  | 18,307 |  | 18,307
Charge for the financial year | 0 |  | 5,895 |  | 5,895
At 30 April 2025 | 0 |  | 24,202 |  | 24,202
Net book value |  |  |  |  |
At 30 April 2025 | 745,554 |  | 23,582 |  | 769,136
At 30 April 2024 | 717,601 |  | 29,477 |  | 747,078

#### 4. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 39,748 |  | 37,758
Amounts owed to director | 72,996 |  | 21,249
Accruals | 2,300 |  | 5,225
Corporation tax | 32,933 |  | 17,966
Other taxation and social security | 11,784 |  | 2,235
Other creditors | 2,360 |  | 0
| 162,121 |  | 84,433

#### 5. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 397,617 |  | 439,002

The company has two bank loans which are payable in monthly instalments and carry a variable interest rate of approximately 3% over bank base rate.

Amounts repayable after more than 5 years are included in creditors falling due over one year:

| 2025 |  | 2024
| £ |  | £
Bank loans (repayable by instalments) | 245,757 |  | 266,975

#### 6. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

| 2025 |  | 2024
| £ |  | £
within one year | 52,060 |  | 52,060
between one and five years | 208,240 |  | 208,240
Total future minimum lease payments under non-cancellable operating leases | 260,300 |  | 260,300