IRIS Accounts Production v23.2.0.158 10790391 director 1.1.22 31.12.22 31.12.22 false true false false true false Fair value model Ordinary 1.00000 B Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh107903912021-12-31107903912022-12-31107903912022-01-012022-12-31107903912020-12-31107903912021-01-012021-12-31107903912021-12-3110790391ns10:Originalns15:EnglandWales2022-01-012022-12-3110790391ns14:PoundSterlingns10:Original2022-01-012022-12-3110790391ns10:Originalns10:Director12022-01-012022-12-3110790391ns10:Original2022-01-012022-12-3110790391ns10:Original2022-12-3110790391ns10:Originalns10:PrivateLimitedCompanyLtd2022-01-012022-12-3110790391ns10:Originalns10:SmallEntities2022-01-012022-12-3110790391ns10:Originalns10:AuditExempt-NoAccountantsReport2022-01-012022-12-3110790391ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-01-012022-12-3110790391ns10:SmallCompaniesRegimeForAccountsns10:Original2022-01-012022-12-3110790391ns10:Originalns10:FullAccounts2022-01-012022-12-3110790391ns10:Originalns10:OrdinaryShareClass12022-01-012022-12-3110790391ns10:Originalns10:OrdinaryShareClass22022-01-012022-12-3110790391ns10:Originalns10:RegisteredOffice2022-01-012022-12-3110790391ns10:Original2021-12-3110790391ns10:Originalns5:CurrentFinancialInstruments2022-12-3110790391ns10:Originalns5:CurrentFinancialInstruments2021-12-3110790391ns10:Originalns5:Non-currentFinancialInstruments2022-12-3110790391ns10:Originalns5:Non-currentFinancialInstruments2021-12-3110790391ns5:ShareCapitalns10:Original2022-12-3110790391ns5:ShareCapitalns10:Original2021-12-3110790391ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3110790391ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-12-3110790391ns10:Original2021-01-012021-12-3110790391ns10:Originalns5:CostValuation2021-12-3110790391ns10:Originalns5:AdditionsToInvestments2022-12-3110790391ns10:Originalns5:DisposalsRepaymentsInvestments2022-12-3110790391ns10:Originalns5:RevaluationsIncreaseDecreaseInInvestments2022-12-3110790391ns10:Originalns5:CostValuation2022-12-3110790391ns10:Original2021-12-3110790391ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3110790391ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-12-3110790391ns5:Securedns10:Original2022-12-3110790391ns5:Securedns10:Original2021-12-3110790391ns10:Originalns10:OrdinaryShareClass12022-12-3110790391ns10:Originalns10:OrdinaryShareClass22022-12-31
REGISTERED NUMBER: 10790391 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 December 2022

for

LWM (HOLDINGS) LIMITED

LWM (HOLDINGS) LIMITED (REGISTERED NUMBER: 10790391)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LWM (HOLDINGS) LIMITED

Company Information
FOR THE YEAR ENDED 31 December 2022







DIRECTOR: P A Berry





REGISTERED OFFICE: The Garden Suite
23 Westfield Park
Redland
Bristol
BS6 6LT





REGISTERED NUMBER: 10790391 (England and Wales)





ACCOUNTANTS: Mitchell Glanville (Bristol) Limited
The Garden Suite
23 Westfield Park
Redland
Bristol
BS6 6LT

LWM (HOLDINGS) LIMITED (REGISTERED NUMBER: 10790391)

Balance Sheet
31 December 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,335,173 2,574,559
Investment property 5 565,991 482,155
2,901,164 3,056,714

CURRENT ASSETS
Debtors 6 73,410 193,410
Cash at bank 97,791 36,088
171,201 229,498
CREDITORS
Amounts falling due within one year 7 49,807 64,877
NET CURRENT ASSETS 121,394 164,621
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,022,558

3,221,335

CREDITORS
Amounts falling due after more than one year 8 239,580 244,132
NET ASSETS 2,782,978 2,977,203

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 2,782,878 2,977,103
SHAREHOLDERS' FUNDS 2,782,978 2,977,203

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2023 and were signed by:





P A Berry - Director


LWM (HOLDINGS) LIMITED (REGISTERED NUMBER: 10790391)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 December 2022

1. STATUTORY INFORMATION

LWM (Holdings) 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.

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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 January 2022 100 2,574,459 2,574,559
Additions - 2,698,673 2,698,673
Disposals - (2,131,861 ) (2,131,861 )
Revaluations - (806,198 ) (806,198 )
At 31 December 2022 100 2,335,073 2,335,173
NET BOOK VALUE
At 31 December 2022 100 2,335,073 2,335,173
At 31 December 2021 100 2,574,459 2,574,559

LWM (HOLDINGS) LIMITED (REGISTERED NUMBER: 10790391)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 December 2022

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 December 2022 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2018 - (184,511 ) (184,511 )
Valuation in 2019 - 465,631 465,631
Valuation in 2020 - 506,316 506,316
Valuation in 2021 - 844,591 844,591
Cost 100 2,406,782 2,406,882
100 4,038,809 4,038,909

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2022 482,155
Additions 83,836
At 31 December 2022 565,991
NET BOOK VALUE
At 31 December 2022 565,991
At 31 December 2021 482,155

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 73,410 193,410

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 14,047 22,972
Amounts owed to group undertakings 34,860 34,860
Taxation and social security - 6,145
Other creditors 900 900
49,807 64,877

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 239,580 244,132

9. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Bank loans 253,342 267,104

National Westminster Bank PLC hold a fixed charge over the investment property held by the company.

LWM (HOLDINGS) LIMITED (REGISTERED NUMBER: 10790391)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 December 2022

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
25 Ordinary £1 25 25
75 B Ordinary £1 75 75
100 100

11. ULTIMATE CONTROLLING PARTY

The controlling party is P A Berry.