Company Registration No. 13740341 (England and Wales)
WeHoldco Limited
Unaudited accounts
for the year ended 31 December 2023
WeHoldco Limited
Unaudited accounts
Contents
WeHoldco Limited
Company Information
for the year ended 31 December 2023
Company Number
13740341 (England and Wales)
Registered Office
136 Hall Street
Stockport
Greater Manchester
SK1 4HE
Accountants
Bee Motion Accounting Limited
136 Hall Street
Stockport
Greater Manchester
SK1 4HE
WeHoldco Limited
Statement of financial position
as at 31 December 2023
Creditors: amounts falling due within one year
(200)
(200)
Net current liabilities
(200)
(200)
Called up share capital
200
200
Shareholders' funds
200
200
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 February 2024 and were signed on its behalf by
Laura White
Director
Company Registration No. 13740341
WeHoldco Limited
Notes to the Accounts
for the year ended 31 December 2023
WeHoldco Limited is a private company, limited by shares, registered in England and Wales, registration number 13740341. The registered office is 136 Hall Street, Stockport, Greater Manchester, SK1 4HE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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 £.
Preparation of consolidated financial statements
The financial statements contain information about WeHoldco Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399 (2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.
Taxation expense for the period comprises current and deferred tax recognised in the reporting period. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case tax is also recognised in other comprehensive income or directly in equity respectively.
Current tax is the amount of income tax payable in respect of the taxable profit for the year or prior years. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the period end. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation. It establishes provisions where appropriate on the basis of amounts expected to be paid to the tax authorities.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Investments
Subsidiary undertakings
Valuation at 1 January 2023
400
Valuation at 31 December 2023
400
WeHoldco Limited
Notes to the Accounts
for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
200
200
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).