REGISTERED NUMBER: 16219195 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 30 JANUARY 2025 TO 31 MARCH 2026

FOR

10 WILLOWFIELD ROAD LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M S Harmer

S J Harmer

SECRETARY:

REGISTERED OFFICE:

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

REGISTERED NUMBER:

16219195 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Investment property

4

384,194

CURRENT ASSETS

Debtors

5

1

Cash at bank

24,789

24,790

CREDITORS

Amounts falling due within one year

6

127,395

NET CURRENT LIABILITIES

(102,605

)

TOTAL ASSETS LESS CURRENT LIABILITIES

281,589

CREDITORS

Amounts falling due after more than one year

7

276,219

NET ASSETS

5,370

RESERVES

Retained earnings

5,370

SHAREHOLDERS' FUNDS

5,370

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 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.

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 by the Board of Directors and authorised for issue on 26 October 2026 and were signed on its behalf by:

M S Harmer - Director

1.	STATUTORY INFORMATION

10 Willowfield Road 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.

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 as modified by the revaluation of certain assets.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

384,194

At 31 March 2026

384,194

NET BOOK VALUE

At 31 March 2026

384,194

Fair value at 31 March 2026 is represented by:

£

Cost

384,194

The investment property is included in the financial statements at a cost of £384,194. The directors have considered the carrying value of the property at the reporting date and believe that its fair value is not materially different from its carrying value. Accordingly, no material adjustment to the carrying value has been considered necessary.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

1

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Tax

1,494

Directors' current accounts

124,761

Accrued expenses

1,140

127,395

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans more 5 yr by instal

276,219

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

276,219

8.	SECURED DEBTS

The following secured debts are included within creditors:

£

Bank loans

276,219

Loans of £276,219 are secured by way of a fixed charge over the investment property.