Willows (Somerset) Limited
Willows (Somerset) Limited
Registered number: 5627274
ABRIDGED Dormant Financial Statements
For The Year Ended
31 March 2020
Stephen Quay Accountancy
Certified Practising Accountants
The Granary
Hinton Business Park
Blandford Forum
Dorset
DT11 8JF
Willows (Somerset) Limited
Financial Statements
For The Year Ended
31 March 2020
Financial Statements
| Contents | |
| Page | |
|---|---|
| Abridged Balance Sheet | 1—2 |
| Notes to the Abridged Financial Statements | 3 |
Willows (Somerset) Limited
Abridged Balance Sheet
As at
31 March 2020
Abridged Balance Sheet
Registered number:
5627274
For the year ending 31 March 2020 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| CURRENT ASSETS | |||||
| Debtors |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 4 |
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| Profit and Loss Account |
( |
( |
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| SHAREHOLDERS' FUNDS | 506 | 506 | |||
Page 1
Willows (Somerset) Limited
Abridged Balance Sheet (continued)
As at
31 March 2020
Directors' responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
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All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2020 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
|
Director
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The notes on page 3 form part of these financial statements.
Page 2
Willows (Somerset) Limited
Notes to the Abridged Financial Statements
For The Year Ended
31 March 2020
Notes to the Abridged Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Non-Office Furnishings |
|
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1 (2019: 1)
3.
Tangible Assets
| Total | |
|---|---|
| £ | |
| Cost | |
| As at
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| Disposals |
( |
| As at
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| Depreciation | |
| As at
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| Disposals |
( |
| As at
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| Net Book Value | |
| As at
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| As at
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4.
Share Capital
| 2020 | 2019 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
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5.
Ultimate Controlling Party
The company's ultimate controlling party is
Willows (Devon) Limited
by virtue of ownership of 100% of the issued share capital in the company.
6.
General Information
Willows (Somerset) Limited
Registered number
5627274
is a limited by shares company incorporated in England & Wales. The Registered Office is The Granary, Hinton Business Park, Blandford Forum, Dorset, DT11 8JF.
Page 3