World Class Willow Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 11192970 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2026

FOR

WORLD CLASS WILLOW LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M R Kennedy

REGISTERED OFFICE:

Broadleaze Farm

Bunford Hill

Yeovil

Somerset

BA20 2HD

REGISTERED NUMBER:

11192970 (England and Wales)

ACCOUNTANTS:

Aspen Waite Limited

Chartered Accountants

Rubis House

15 Friarn Street

Bridgwater

Somerset

TA6 3LH

FIXED ASSETS

Intangible assets

4

17,770

5,058

Tangible assets

5

124,565

107,576

142,335

112,634

CURRENT ASSETS

Stocks

121,351

145,380

Debtors

6

2,217

196

Cash at bank

50,191

62,648

173,759

208,224

CREDITORS

Amounts falling due within one year

7

(145,100

)

(136,345

)

NET CURRENT ASSETS

28,659

71,879

TOTAL ASSETS LESS CURRENT
LIABILITIES

170,994

184,513

CREDITORS

Amounts falling due after more than one year

8

(41,887

)

(50,703

)

NET ASSETS

129,107

133,810

CAPITAL AND RESERVES

Called up share capital

100

Share premium

70,060

Retained earnings

58,947

63,650

129,107

133,810

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 6th October 2026 and were signed by:

Mr M R Kennedy - Director

1.	STATUTORY INFORMATION

World Class Willow Ltd 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.

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.

Development costs are being amortised evenly over their estimated useful life of five 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.

Plant and machinery

-

25% on reducing balance, 20% on reducing balance, 15% on reducing balance, 10% on reducing balance and 5% on reducing balance

Fixtures and fittings

-

25% on reducing balance and 20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

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 Income Statement, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st March 2025

20,691

Additions

3,590

Disposals

(4,600

)

At 28th February 2026

19,681

AMORTISATION

At 1st March 2025

15,633

Charge for year

1,107

Eliminated on disposal

(2,760

)

Charge written back

(12,069

)

At 28th February 2026

1,911

NET BOOK VALUE

At 28th February 2026

17,770

At 28th February 2025

5,058

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1st March 2025

74,578

3,476

48,750

9,386

136,190

Additions

34,558

6,097

-

2,933

43,588

Disposals

(3,740

)

(116

)

-

(3,856

)

At 28th February 2026

105,396

9,457

48,750

12,319

175,922

DEPRECIATION

At 1st March 2025

14,007

1,839

10,775

1,993

28,614

Charge for year

15,351

1,909

5,770

3,079

26,109

Eliminated on disposal

(1,008

)

(116

)

-

(1,124

)

Charge written back

(2,242

)

-

(2,242

)

At 28th February 2026

26,108

3,632

16,545

5,072

51,357

NET BOOK VALUE

At 28th February 2026

79,288

5,825

32,205

7,247

124,565

At 28th February 2025

60,571

1,637

37,975

7,393

107,576

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

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1st March 2025

42,950

-

42,950

Reclassification/transfer

(42,950

)

42,950

-

At 28th February 2026

-

42,950

DEPRECIATION

At 1st March 2025

6,443

-

6,443

Charge for year

-

5,476

Reclassification/transfer

(6,443

)

6,443

-

At 28th February 2026

-

11,919

NET BOOK VALUE

At 28th February 2026

-

31,031

At 28th February 2025

36,507

-

36,507

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/26

28/2/25

£

Trade debtors

2,021

-

Prepayments

196

2,217

196

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/26

28/2/25

£

Bank loans and overdrafts

21,765

18,398

Other loans

-

15,000

Hire purchase contracts

4,497

Trade creditors

50

2,477

Social security and other taxes

641

110

VAT

2,855

529

Other creditors

4,306

1,827

Directors' current accounts

109,203

91,764

Accrued expenses

1,783

1,743

145,100

136,345

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

28/2/26

28/2/25

£

Bank loans due 1-2 years

4,912

Bank loans due 2-5 years

11,013

14,737

Bank loans more 5 yr by instal

-

594

Hire purchase contracts

25,962

30,460

41,887

50,703

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

594