IRIS Accounts Production v26.1.10.61 03068911 Board of Directors 1.11.24 31.10.25 31.10.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03068911 2024-10-31 03068911 2025-10-31 03068911 2024-11-01 2025-10-31 03068911 2023-10-31 03068911 2023-11-01 2024-10-31 03068911 2024-10-31 03068911 ns15:EnglandWales 2024-11-01 2025-10-31 03068911 ns14:PoundSterling 2024-11-01 2025-10-31 03068911 ns10:Director1 2024-11-01 2025-10-31 03068911 ns10:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 03068911 ns10:SmallEntities 2024-11-01 2025-10-31 03068911 ns10:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 03068911 ns10:SmallCompaniesRegimeForDirectorsReport 2024-11-01 2025-10-31 03068911 ns10:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 03068911 ns10:FullAccounts 2024-11-01 2025-10-31 03068911 1 2024-11-01 2025-10-31 03068911 ns10:Director2 2024-11-01 2025-10-31 03068911 ns10:Director3 2024-11-01 2025-10-31 03068911 ns10:CompanySecretary1 2024-11-01 2025-10-31 03068911 ns10:RegisteredOffice 2024-11-01 2025-10-31 03068911 ns5:CurrentFinancialInstruments 2025-10-31 03068911 ns5:CurrentFinancialInstruments 2024-10-31 03068911 ns5:Non-currentFinancialInstruments 2025-10-31 03068911 ns5:Non-currentFinancialInstruments 2024-10-31 03068911 ns5:ShareCapital 2025-10-31 03068911 ns5:ShareCapital 2024-10-31 03068911 ns5:RetainedEarningsAccumulatedLosses 2025-10-31 03068911 ns5:RetainedEarningsAccumulatedLosses 2024-10-31 03068911 ns5:IntangibleAssetsOtherThanGoodwill 2024-11-01 2025-10-31 03068911 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-11-01 2025-10-31 03068911 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2024-11-01 2025-10-31 03068911 ns5:PlantMachinery 2024-11-01 2025-10-31 03068911 ns5:FurnitureFittings 2024-11-01 2025-10-31 03068911 ns5:MotorVehicles 2024-11-01 2025-10-31 03068911 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-10-31 03068911 ns5:PatentsTrademarksLicencesConcessionsSimilar 2025-10-31 03068911 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-10-31 03068911 ns5:LandBuildings 2024-10-31 03068911 ns5:PlantMachinery 2024-10-31 03068911 ns5:FurnitureFittings 2024-10-31 03068911 ns5:MotorVehicles 2024-10-31 03068911 ns5:LandBuildings 2024-11-01 2025-10-31 03068911 ns5:LandBuildings 2025-10-31 03068911 ns5:PlantMachinery 2025-10-31 03068911 ns5:FurnitureFittings 2025-10-31 03068911 ns5:MotorVehicles 2025-10-31 03068911 ns5:LandBuildings 2024-10-31 03068911 ns5:PlantMachinery 2024-10-31 03068911 ns5:FurnitureFittings 2024-10-31 03068911 ns5:MotorVehicles 2024-10-31 03068911 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-10-31 03068911 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-11-01 2025-10-31 03068911 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-10-31 03068911 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-10-31 03068911 ns5:CostValuation 2024-10-31 03068911 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-10-31 03068911 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-10-31 03068911 ns5:Secured 2025-10-31 03068911 ns5:Secured 2024-10-31

REGISTERED NUMBER: 03068911 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

WILLOW TREE FARMS LIMITED

WILLOW TREE FARMS LIMITED (REGISTERED NUMBER: 03068911) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| WILLOW TREE FARMS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 OCTOBER 2025

| DIRECTORS: | J E Markillie

| T E Markillie

| Mrs S H Markillie

| SECRETARY: | Mrs S H Markillie

| REGISTERED OFFICE: | Willow Tree Farm

| Markillie Lane, Wisbech Road

| Long Sutton

| Spalding

| Lincolnshire

| PE12 9AW

| REGISTERED NUMBER: | 03068911 (England and Wales)

| ACCOUNTANTS: | Wheelers

| Chartered Accountants & Tax Consultants

| 27-29 Old Market

| Wisbech

| Cambridgeshire

| PE13 1NE

WILLOW TREE FARMS LIMITED (REGISTERED NUMBER: 03068911) |

BALANCE SHEET

31 OCTOBER 2025

| 31.10.25 | 31.10.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 2,484,528 |  | 2,543,147 |  |

Investments | 6 | 35 |  | 35 |  |

2,484,563 |  | 2,543,182 |  |

CURRENT ASSETS

Stocks | 185,073 |  | 212,316 |  |

Debtors | 7 | 116,991 |  | 38,337 |  |

Cash at bank | 66,096 |  | 160,552 |  |

368,160 |  | 411,205 |  |

CREDITORS

Amounts falling due within one year | 8 | 392,232 |  | 383,860 |  |

NET CURRENT (LIABILITIES)/ASSETS | (24,072 | ) | 27,345 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,460,491 |  | 2,570,527 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (620,733 | ) | (684,739 | ) |

PROVISIONS FOR LIABILITIES | (97,500 | ) | (111,050 | ) |

NET ASSETS | 1,742,258 |  | 1,774,738 |  |

CAPITAL AND RESERVES

Called up share capital | 500,000 |  | 500,000 |  |

Retained earnings | 1,242,258 |  | 1,274,738 |  |

SHAREHOLDERS' FUNDS | 1,742,258 |  | 1,774,738 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

WILLOW TREE FARMS LIMITED (REGISTERED NUMBER: 03068911) |

BALANCE SHEET - continued

31 OCTOBER 2025

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 Board of Directors and authorised for issue on 22 June 2026 and were signed on its behalf by:

T E Markillie - Director

WILLOW TREE FARMS LIMITED (REGISTERED NUMBER: 03068911) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1. | STATUTORY INFORMATION

| Willow Tree Farms 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.

| At the balance sheet date the company had net current liabilities of £24,072 by virtue of its current liabilities exceeding its current assets. The directors are confident that the going concern basis for the preparation of the financial statements is appropriate, and have confirmed their continuing support for the company in writing.

| Turnover

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

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Entitlements are being amortised evenly over their estimated useful life of three years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Freehold property | - | 4% on cost

| Plant and machinery | - | 15% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Stocks

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

| 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.

WILLOW TREE FARMS LIMITED (REGISTERED NUMBER: 03068911) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Pension costs and other post-retirement benefits

| The company operates a small self administered pension scheme. Contributions payable for the year are charged in the profit and loss account.

| Government grants

| Government grants received are treated as deferred income and credited to the profit and loss over the estimated useful life of the assets.

3. | EMPLOYEES AND DIRECTORS

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

4. | INTANGIBLE FIXED ASSETS

| Entitlements

£ |

| COST

| At 1 November 2024 | 4,526 |  |

| Disposals | (4,526 | ) |

| At 31 October 2025 | - |  |

| AMORTISATION

| At 1 November 2024 | 4,526 |  |

| Eliminated on disposal | (4,526 | ) |

| At 31 October 2025 | - |  |

| NET BOOK VALUE

| At 31 October 2025 | - |  |

| At 31 October 2024 | - |  |

WILLOW TREE FARMS LIMITED (REGISTERED NUMBER: 03068911) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Freehold |  | Plant and |  | and |  | Motor |

| property |  | machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 November 2024 | 2,254,622 |  | 1,189,466 |  | 16,803 |  | 19,414 |  | 3,480,305 |  |

| Additions | - |  | 13,680 |  | 488 |  | - |  | 14,168 |  |

| Disposals | - |  | (1,100 | ) | - |  | - |  | (1,100 | ) |

| At 31 October 2025 | 2,254,622 |  | 1,202,046 |  | 17,291 |  | 19,414 |  | 3,493,373 |  |

| DEPRECIATION

| At 1 November 2024 | 174,056 |  | 731,311 |  | 13,903 |  | 17,888 |  | 937,158 |  |

| Charge for year | 761 |  | 70,885 |  | 758 |  | 382 |  | 72,786 |  |

| Eliminated on disposal | - |  | (1,099 | ) | - |  | - |  | (1,099 | ) |

| At 31 October 2025 | 174,817 |  | 801,097 |  | 14,661 |  | 18,270 |  | 1,008,845 |  |

| NET BOOK VALUE

| At 31 October 2025 | 2,079,805 |  | 400,949 |  | 2,630 |  | 1,144 |  | 2,484,528 |  |

| At 31 October 2024 | 2,080,566 |  | 458,155 |  | 2,900 |  | 1,526 |  | 2,543,147 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 195,750 |  |

| DEPRECIATION

| At 1 November 2024 | 22,022 |  |

| Charge for year | 26,059 |  |

| At 31 October 2025 | 48,081 |  |

| NET BOOK VALUE

| At 31 October 2025 | 147,669 |  |

| At 31 October 2024 | 173,728 |  |

6. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 35 |  |

| NET BOOK VALUE

| At 31 October 2025 | 35 |  |

| At 31 October 2024 | 35 |  |

WILLOW TREE FARMS LIMITED (REGISTERED NUMBER: 03068911) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Trade debtors | 47,315 |  | 24,675 |  |

| Other debtors | 69,676 |  | 13,662 |  |

116,991 |  | 38,337 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Bank loans and overdrafts | 14,956 |  | 17,135 |  |

| Hire purchase contracts | 27,243 |  | 27,250 |  |

| Trade creditors | 65,310 |  | 41,799 |  |

| Taxation and social security | 4,742 |  | - |  |

| Other creditors | 279,981 |  | 297,676 |  |

392,232 |  | 383,860 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Bank loans | 593,490 |  | 608,361 |  |

| Hire purchase contracts | 27,243 |  | 54,480 |  |

| Other creditors | - |  | 21,898 |  |

620,733 |  | 684,739 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans 5 years and over | 561,970 |  | 570,317 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.10.25 |  | 31.10.24

£ | £ |

| Bank loans | 608,446 |  | 625,496 |  |

| Other loans | - |  | 43,291 |  |

| Hire purchase contracts | 54,486 |  | 81,730 |  |

662,932 |  | 750,517 |  |

| The bank loan is secured by a fixed charge over the freehold land owned by the company.

| Other loans are secured by a charge over freehold land owned by the company.

| The obligations under hire purchase agreements are secured over the assets to which they relate.