WMM HOLDINGS LIMITED | |||||||||||
UNAUDITED FINANCIAL STATEMENTS | |||||||||||
FOR THE YEAR ENDED | |||||||||||
31 DECEMBER 2022 | |||||||||||
Company Registration Number: 03720036 | |||||||||||
WMM HOLDINGS LIMITED | |||||||||||
UNAUDITED FINANCIAL STATEMENTS | |||||||||||
FOR THE YEAR ENDED 31 DECEMBER 2022 | |||||||||||
CONTENTS | PAGES | ||||||||||
Company information | 1 | ||||||||||
Balance sheet | 2 | ||||||||||
Notes to the financial statements | 3 to 6 | ||||||||||
WMM HOLDINGS LIMITED | |||||||||||
COMPANY INFORMATION | |||||||||||
FOR THE YEAR ENDED 31 DECEMBER 2022 | |||||||||||
DIRECTORS | |||||||||||
resigned |
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resigned |
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appointed |
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SECRETARY | |||||||||||
The company does not have an appointed secretary | |||||||||||
REGISTERED OFFICE | |||||||||||
COMPANY REGISTRATION NUMBER | |||||||||||
03720036 England and Wales | |||||||||||
WMM HOLDINGS LIMITED | |||||||||||
BALANCE SHEET | |||||||||||
AS AT 31 DECEMBER 2022 | |||||||||||
Notes | 2022 | 2021 | |||||||||
£ | £ | ||||||||||
FIXED ASSETS | |||||||||||
Investments | 5 | ||||||||||
CURRENT ASSETS | |||||||||||
Debtors | 6 | ||||||||||
CREDITORS: Amounts falling due within one year | 7 | ||||||||||
NET CURRENT (LIABILITIES) / ASSETS | ( |
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NET ASSETS | |||||||||||
CAPITAL AND RESERVES | |||||||||||
Called up share capital | |||||||||||
Distributable profit and loss account | ( |
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SHAREHOLDERS' FUNDS | |||||||||||
As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report. | |||||||||||
Signed on behalf of the board | |||||||||||
S Evans | |||||||||||
Director | |||||||||||
Date approved by the board: |
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WMM HOLDINGS LIMITED | |||||||||||
NOTES TO THE FINANCIAL STATEMENTS | |||||||||||
FOR THE YEAR ENDED 31 DECEMBER 2022 | |||||||||||
1 | GENERAL INFORMATION | ||||||||||
WMM Holdings Limited is a private company limited by shares and incorporated in England and Wales. Its registered office and principal place of business are: | |||||||||||
Registered office | Principal place of business | ||||||||||
1 Bell Yard | The Stableblock | ||||||||||
London | Castle Farm | ||||||||||
England | Clifton Road | ||||||||||
WC2A 2JR | Deddington | ||||||||||
Oxon | |||||||||||
OX15 0TP | |||||||||||
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | ||||||||||
Basis of preparation of financial statements | |||||||||||
Investments | |||||||||||
Investments in subsidiaries are shown at cost less accumulated impairment losses. | |||||||||||
Financial Instruments | |||||||||||
The impairment loss for financial assets measured at cost is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date. |
Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amount and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. | |||||||||||
WMM HOLDINGS LIMITED | |||||||||||
NOTES TO THE FINANCIAL STATEMENTS | |||||||||||
FOR THE YEAR ENDED 31 DECEMBER 2022 | |||||||||||
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…) | ||||||||||
Debtors | |||||||||||
Short term debtors are measured at transaction price, less any impairment. | |||||||||||
Loans receivable are measured initially at fair value, net of transaction costs, and subsequently at amortised cost, less any impairment. |
Creditors | |||||||||||
Taxation | |||||||||||
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits. | |||||||||||
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. | |||||||||||
Consolidation | |||||||||||
3 | CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS | ||||||||||
No significant accounting estimates and judgements have had to be made by the directors in preparing these financial statements. | |||||||||||
WMM HOLDINGS LIMITED | |||||||||||
NOTES TO THE FINANCIAL STATEMENTS | |||||||||||
FOR THE YEAR ENDED 31 DECEMBER 2022 | |||||||||||
4 | EMPLOYEES | ||||||||||
The average number of persons employed by the company (including directors) during the year was: | |||||||||||
2022 | 2021 | ||||||||||
Average number of employees | |||||||||||
5 | FIXED ASSET INVESTMENTS | ||||||||||
Investment in subsidiary | |||||||||||
£ | |||||||||||
Cost | |||||||||||
At 1 January 2022 | 55,026 | ||||||||||
At 31 December 2022 | 55,026 | ||||||||||
Net book value | |||||||||||
At 1 January 2022 | |||||||||||
At 31 December 2022 | |||||||||||
6 | DEBTORS | ||||||||||
2022 | 2021 | ||||||||||
£ | £ | ||||||||||
Other debtors | |||||||||||
7 | CREDITORS: Amounts falling due within one year | ||||||||||
2022 | 2021 | ||||||||||
£ | £ | ||||||||||
Trade creditors | |||||||||||
Taxation and social security | - | ||||||||||
Amounts owed to group undertakings | |||||||||||
Accruals and deferred income | |||||||||||
37,423 | 35,886 | ||||||||||
WMM HOLDINGS LIMITED | |||||||||||
NOTES TO THE FINANCIAL STATEMENTS | |||||||||||
FOR THE YEAR ENDED 31 DECEMBER 2022 | |||||||||||
8 | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES | ||||||||||
The following director's advances, credits and guarantees took place during the year | |||||||||||
Balance at 1 January 2022 | Amounts advanced | Amounts repaid | Balance at 31 December 2022 | ||||||||
£ | £ | £ | £ | ||||||||
B & A J Knight | - | ||||||||||
Interest has been charged on this advance at the Beneficial Loan Arrangement Official Rate as prescribed by HM Revenue and Customs. The advance is repayable on demand. |