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REGISTERED NUMBER: 12766872 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2022 TO 31 DECEMBER 2023

FOR

WOLF UK HOLDINGS LIMITED

WOLF UK HOLDINGS LIMITED (REGISTERED NUMBER: 12766872)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2022 TO 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WOLF UK HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 JULY 2022 TO 31 DECEMBER 2023







DIRECTORS: Mr R S Baul
Mr A M Joyce



SECRETARY: Mr R S Baul



REGISTERED OFFICE: 12 Victoria Road
Barnsley
United Kingdom
S70 2BB



REGISTERED NUMBER: 12766872 (England and Wales)



ACCOUNTANTS: Gibson Booth Limited
12 Victoria Road
Barnsley
South Yorkshire
S70 2BB



BANKERS: Arbuthnot Latham & Co
Arbuthnot House
7 Wilson Street
London
EC2M 2SN

WOLF UK HOLDINGS LIMITED (REGISTERED NUMBER: 12766872)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 82,322 -
Investments 5 1,000 1,000
83,322 1,000

CURRENT ASSETS
Debtors 6 342,058 382,268
Cash at bank and in hand 170,440 221,350
512,498 603,618
CREDITORS
Amounts falling due within one year 7 221,597 178,284
NET CURRENT ASSETS 290,901 425,334
TOTAL ASSETS LESS CURRENT LIABILITIES 374,223 426,334

CREDITORS
Amounts falling due after more than
one year

8

(61,677

)

-

PROVISIONS FOR LIABILITIES (20,581 ) -
NET ASSETS 291,965 426,334

CAPITAL AND RESERVES
Called up share capital 10 2,000 2,000
Retained earnings 289,965 424,334
SHAREHOLDERS' FUNDS 291,965 426,334

WOLF UK HOLDINGS LIMITED (REGISTERED NUMBER: 12766872)

BALANCE SHEET - continued
31 DECEMBER 2023


The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the Company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 March 2024 and were signed on its behalf by:





Mr R S Baul - Director


WOLF UK HOLDINGS LIMITED (REGISTERED NUMBER: 12766872)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2022 TO 31 DECEMBER 2023

1. STATUTORY INFORMATION

Wolf UK 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

Preparation of consolidated financial statements
The financial statements contain information about Wolf UK Holdings 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates
No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Management charge income is recognised as the company's right to receive payment is established.

WOLF UK HOLDINGS LIMITED (REGISTERED NUMBER: 12766872)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2022 TO 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Computer equipment20% Reducing balance
Motor vehicles20% Reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably.

WOLF UK HOLDINGS LIMITED (REGISTERED NUMBER: 12766872)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2022 TO 31 DECEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
Additions 87,500 1,042 88,542
At 31 December 2023 87,500 1,042 88,542
DEPRECIATION
Charge for period 6,130 90 6,220
At 31 December 2023 6,130 90 6,220
NET BOOK VALUE
At 31 December 2023 81,370 952 82,322

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2022
and 31 December 2023 1,000
NET BOOK VALUE
At 31 December 2023 1,000
At 30 June 2022 1,000

WOLF UK HOLDINGS LIMITED (REGISTERED NUMBER: 12766872)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2022 TO 31 DECEMBER 2023

6. DEBTORS
31.12.23 30.6.22
£    £   
Amounts falling due within one year:
Amounts owed by group undertakings 164,279 268,973
Other debtors - 870
Directors' current accounts - 110,081
Called up share capital not paid - 1,000
Prepayments and accrued income 15,985 1,344
180,264 382,268

Amounts falling due after more than one year:
Amounts owed by group undertakings 161,794 -

Aggregate amounts 342,058 382,268

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 30.6.22
£    £   
Hire purchase contracts (see note 9) 11,867 -
Trade creditors 100,133 1,675
Corporation tax 4,150 71,441
Social security and other taxes 21,778 16,593
VAT 33,591 46,969
Other creditors 257 606
Directors' current accounts 48,071 39,500
Accruals and deferred income 1,750 1,500
221,597 178,284

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 30.6.22
£    £   
Hire purchase contracts (see note 9) 61,677 -

WOLF UK HOLDINGS LIMITED (REGISTERED NUMBER: 12766872)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2022 TO 31 DECEMBER 2023

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.12.23 30.6.22
£    £   
Net obligations repayable:
Within one year 11,867 -
Between one and five years 61,677 -
73,544 -

Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 30.6.22
value: £    £   
2,000 Ordinary £1 2,000 2,000