Company Registration No. 12461314 (England and Wales)
WILCOWAN HOLDINGS 2020 LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
WILCOWAN HOLDINGS 2020 LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2
WILCOWAN HOLDINGS 2020 LTD
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
2,412,000
2,412,000
Current assets
Debtors
4
665,400
900
Cash at bank and in hand
100
100
665,500
1,000
Creditors: amounts falling due within one year
5
(100,000)
(233,333)
Net current assets/(liabilities)
565,500
(232,333)
Net assets
2,977,500
2,179,667
Capital and reserves
Called up share capital
2,000
2,500
Share premium account
1,598,400
1,598,400
Capital redemption reserve
500
Profit and loss reserves
1,376,600
578,767
Total equity
2,977,500
2,179,667
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 1 November 2023 and are signed on its behalf by:
M Davies
Director
Company Registration No. 12461314
WILCOWAN HOLDINGS 2020 LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
1
Accounting policies
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Company information
Wilcowan Holdings 2020 Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Stanley House, 15 Ladybridge Road, Cheadle Hulme, Cheadle, Cheshire, SK8 5BL.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
3
Fixed asset investments
2023
2022
£
£
Shares in group undertakings and participating interests
2,412,000
2,412,000
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
665,400
900
5
Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
100,000
233,333