For the financial year ended 31 December 2025 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Willow Walk Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3rd Floor, 28 Austin Friars, London, EC2N 2QQ.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The financial statements contain information about Willow Walk Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company has taken the option under Section 298 of the Companies Act 2006 not to prepare consolidated financial statements.

The financial statements have been prepared on a going concern basis not withstanding net current liabilities at 31 December 2025. The directors and shareholders will continue to support the company and enable it to meet its liabilities and they fall due.

If this basis were found not to be appropriate assets and liabilities would need to be restated on a breakup basis which is not materially different.

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the provision of services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

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.

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

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 current liabilities.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The average monthly number of persons (including directors) employed by the company during the year was:

The company owns 100% of the issued share capital of Willow Walk Homes (Oak Lane) Limited, a company incorporated in the United Kingdom.

The company owns 100% of the issued share capital of Willow Walk Homes (Stowupland) Limited, a company incorporated in the United Kingdom.

The company owns 100% of the issued share capital of Willow Walk Homes (Thurston) Limited, a company incorporated in the United Kingdom.

During the year the company charged £2,360 (2024 - £6,249) to its subsidiary undertaking, Willow Walk Homes (Oak Lane) Limited for services provided and is included in other debtors. At 31 December 2025 the company was owed £1,851,709 (2024 - £1,521,420) by Willow Walk Homes (Oak Lane) Limited. This amount is unsecured and repayable on demand. During the year the company charged interest of £147,407 (2024 - £101,295) to Willow Walk Homes (Oak Lane) Limited at a rate of 5% above the Bank of England base rate.

During the year the company charged £16,784 (2024 - £28,109) to its subsidiary undertaking, Willow Walk Homes (Stowupland) Limited for services provided and is included in other debtors. At 31 December 2025 the company was owed £2,786,265 (2024 - £2,199,624) by Willow Walk Homes (Stowupland) Limited This amount is unsecured and repayable on demand. During the year the company charged interest of £228,175 (2024 - £164,088) to Willow Walk Homes (Stowupland) Limited at a rate of 5% above the Bank of England base rate.

During the year the company charged £132 (2024 - £168) to its subsidiary undertaking, Willow Walk Homes (Thurston) Limited for services provided and is included in other debtors. At 31 December 2025 the company was owed £80,049 (2024 - £35,616) by Willow Walk Homes (Thurston) Limited. This amount is unsecured and repayable on demand. During the year the company charged interest of £5,246 (2024 - £1,813 to Willow Walk Homes (Thurston) Limited at a rate of 5% above the Bank of England base rate.

During the year the company charged £188 (2024 - £10,513) to Willow Walk Homes (Construction) Limited, a company under common control incorporated in the United Kingdom. At 31 December 2025 the company was owed £436,871 (2024 - £355,593 by Willow Walk Homes (Construction) Limited. This amount is unsecured and repayable on demand. During the year the company charged interest of £35,874 (2024 - £17,190) to Willow Walk Homes (Construction) Limited at a rate of 5% above the Bank of England base rate.

During the year the company charged £11,453 (2024 - £22,201) to Tasmania Holdings Limited, a company incorporated in the United Kingdom in which the director and shareholder Mr N Hoar is also a director and shareholder, for services provided and is included in other debtors. At 31 December 2025 the company was owed £720 (2024 - £720) by Tasmania Holdings Limited. This amount is unsecured, interest free and repayable on demand

At 31 December 2025 the company owed £134,182 (2024 - £122,960) to Suffolk Holdings Limited, a company incorporated in Hong Kong in which the director and shareholder Mr N Hoar is also a director and shareholder. This amount is unsecured and repayable on demand. During the year the company was charged interest of £11,222 (2024 - £11,287) by Suffolk Holdings Limited at a rate of 5% above the Bank of England base rate.

At 31 December 2025 the company owed £344,977 (2024 - £316,125) to Capital Corporation Ltd, a company incorporated in Hong Kong in which the director and shareholder Mr N Hoar is also a director and shareholder. This amount is unsecured and repayable on demand. During the year the company was charged interest of £28,852 (2024 - £16,125) by Capital Corporation Ltd at a rate of 5% above the Bank of England base rate.

Dividends totalling £0 (2024 - £0) were paid in the year in respect of shares held by the company's directors.

During the year the company was charged £9,965 (2024 - £23,193) by the director Mr J Gruby for services provided to the company. At 31 December 2025 the company owed £1,803 (2024 - £1,964) to Mr J Gruby. This amount is unsecured, interest free, repayable on demand and included within trade creditors.

Included within other creditors is £5,207,503 (2024 - £4,239,924) owed by the company to the director Mr N Hoar. This amount is unsecured and repayable on demand. During the year the company was charged interest of £417,579 (2024 - £303,004) at a rate of 5% above the Bank of England base rate.

The company is controlled by the director, Mr N Hoar by virtue of his holding 70% of the issued share capital of the company.