0 21 March 2024 false false false true false false false false false false true false false false false true true No description of principal activity 2022-10-01 Sage Accounts Production Advanced 2021 - FRS102_2021 89,999 89,999 89,999 xbrli:pure xbrli:shares iso4217:GBP 10651064 2022-10-01 2023-09-30 10651064 2023-09-30 10651064 2022-09-30 10651064 core:Subsidiary1 2022-10-01 2023-09-30 10651064 bus:OrdinaryShareClass4 2022-10-01 2023-09-30 10651064 bus:Director3 2022-10-01 2023-09-30 10651064 bus:Director4 2022-10-01 2023-09-30 10651064 core:WithinOneYear 2023-09-30 10651064 bus:AllOrdinaryShares 2022-10-01 2023-09-30 10651064 core:ShareCapital 2023-09-30 10651064 core:ShareCapital 2022-09-30 10651064 core:RetainedEarningsAccumulatedLosses 2023-09-30 10651064 core:RetainedEarningsAccumulatedLosses 2022-09-30 10651064 core:CostValuation core:Non-currentFinancialInstruments 2023-09-30 10651064 core:Non-currentFinancialInstruments 2023-09-30 10651064 core:Non-currentFinancialInstruments 2022-09-30 10651064 bus:SmallEntities 2022-10-01 2023-09-30 10651064 bus:Audited 2022-10-01 2023-09-30 10651064 bus:FullAccounts 2022-10-01 2023-09-30 10651064 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 10651064 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 10651064 bus:OrdinaryShareClass4 2023-09-30 10651064 bus:OrdinaryShareClass4 2022-09-30
COMPANY REGISTRATION NUMBER: 10651064
Wilson Vale Holdings Limited
Filleted Financial Statements
30 September 2023
Wilson Vale Holdings Limited
Statement of Financial Position
30 September 2023
2023
2022
Note
£
£
Fixed assets
Investments
6
89,999
89,999
Current assets
Debtors
7
110,000
Cash at bank and in hand
61,669
61,849
---------
--------
171,669
61,849
Creditors: amounts falling due within one year
8
159,320
---------
--------
Net current assets
12,349
61,849
---------
---------
Total assets less current liabilities
102,348
151,848
---------
---------
Net assets
102,348
151,848
---------
---------
Capital and reserves
Called up share capital
9
100,000
100,000
Profit and loss account
10
2,348
51,848
---------
---------
Shareholders funds
102,348
151,848
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
These financial statements were approved by the board of directors and authorised for issue on 21 March 2024 , and are signed on behalf of the board by:
A S Wilson
C J Vale
Director
Director
Company registration number: 10651064
Wilson Vale Holdings Limited
Notes to the Financial Statements
Year ended 30 September 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Ascent 4 Farnborough Aerospace Centre, Farnborough, Hampshire, United Kingdom, GU14 6XN.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of Aramark Limited which can be obtained from: Ascent 4 Farnborough Aerospace Centre, Farnborough, Hampshire, United Kingdom, GU14 6XN. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Particulars of employees
The average number of persons employed by the company during the period, including the directors, amounted to 4 (2022: 4).
5. Dividends
2023
2022
£
£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year )
2,500,000
------------
----
6. Investments
Shares in group undertakings
£
Cost
At 1 October 2022 and 30 September 2023
89,999
--------
Impairment
At 1 October 2022 and 30 September 2023
--------
Carrying amount
At 30 September 2023
89,999
--------
At 30 September 2022
89,999
--------
Subsidiaries, associates and other investments
Class of share
Percentage of shares held
Subsidiary undertakings
Wilson Vale Catering Management Limited
Ordinary
100
The results and capital and reserves for the year are as follows:
Capital and reserves
Profit/(loss) for the year
2023
2022
2023
2022
£
£
£
£
Subsidiary undertakings
Wilson Vale Catering Management Limited
4,131,250
4,442,243
2,299,007
1,174,904
------------
------------
------------
------------
7. Debtors
2023
2022
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
110,000
---------
----
8. Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
159,320
---------
----
9. Called up share capital
Issued, called up and fully paid
2023
2022
No.
£
No.
£
Ordinary shares of £ 1 each
100,000
100,000
100,000
100,000
---------
---------
---------
---------
During the year, all of the A, B and C shares were re-designated to ordinary shares of £1 each.
10. Reserves
Profit and loss account - This reserve records retained earnings and accumulated losses, net of dividends paid and other adjustments.
11. Summary audit opinion
The auditor's report for the year dated 21 March 2024 was unqualified .
The senior statutory auditor was Philippa Miller-Hawkes BA CA , for and on behalf of BSN Associates Limited .
12. Controlling party
The company is controlled by Aramark Limited, a Company registered in England and Wales. The registered office is the same as given on the Company Information page. Aramark Limited prepares group financial statements and copies can be obtained from its registered office at Ascent 4 Farnborough Aerospace Centre, Farnborough, Hampshire, GU14 6XN.