IRIS Accounts Production v24.1.9.2 09935121 Board of Directors 1.8.22 31.7.23 31.7.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh099351212022-07-31099351212023-07-31099351212022-08-012023-07-31099351212021-07-31099351212021-08-012022-07-31099351212022-07-3109935121ns15:EnglandWales2022-08-012023-07-3109935121ns14:PoundSterling2022-08-012023-07-3109935121ns10:Director12022-08-012023-07-3109935121ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3109935121ns10:SmallEntities2022-08-012023-07-3109935121ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3109935121ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3109935121ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3109935121ns10:FullAccounts2022-08-012023-07-3109935121ns10:Director22022-08-012023-07-3109935121ns10:RegisteredOffice2022-08-012023-07-3109935121ns5:CurrentFinancialInstruments2023-07-3109935121ns5:CurrentFinancialInstruments2022-07-3109935121ns5:Non-currentFinancialInstruments2023-07-3109935121ns5:Non-currentFinancialInstruments2022-07-3109935121ns5:ShareCapital2023-07-3109935121ns5:ShareCapital2022-07-3109935121ns5:RetainedEarningsAccumulatedLosses2023-07-3109935121ns5:RetainedEarningsAccumulatedLosses2022-07-3109935121ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3109935121ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-31
REGISTERED NUMBER: 09935121 (England and Wales)















BOND WOLFE FINANCE LIMITED

Unaudited Financial Statements for the Year Ended 31 July 2023






BOND WOLFE FINANCE LIMITED (REGISTERED NUMBER: 09935121)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BOND WOLFE FINANCE LIMITED

Company Information
for the Year Ended 31 July 2023







DIRECTORS: S B S Bassi
M H P Daly





REGISTERED OFFICE: Sky View, Argosy Road East Midlands Airp
Castle Donington
Derby
Derbyshire
DE74 2SA





REGISTERED NUMBER: 09935121 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

BOND WOLFE FINANCE LIMITED (REGISTERED NUMBER: 09935121)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,172,505 -

CURRENT ASSETS
Debtors 5 89,868 11,254
Cash at bank and in hand 72,880 1,187
162,748 12,441
CREDITORS
Amounts falling due within one year 6 1,026 1,000
NET CURRENT ASSETS 161,722 11,441
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,334,227

11,441

CREDITORS
Amounts falling due after more than one
year

7

1,175,000

-
NET ASSETS 159,227 11,441

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 159,127 11,341
159,227 11,441

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

BOND WOLFE FINANCE LIMITED (REGISTERED NUMBER: 09935121)

Balance Sheet - continued
31 July 2023


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 22 July 2024 and were signed on its behalf by:





M H P Daly - Director


BOND WOLFE FINANCE LIMITED (REGISTERED NUMBER: 09935121)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Bond Wolfe Finance 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.

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.

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.

Turnover
Sales consist of interest receivable and introductory commissions received in respect of loans provided by the company through its trading activities.

Introductory commissions are recognised at the point of commencement of a new loan. Interest receivable is accrued on a straight line basis over the period of the loan to the extent that it can be measured reliably over the course of the loan term. Income receivable that is contingent on future events is not recognised until the contingency has been resolved and the receipt of income is certain and can be measured reliably.

Loan receivables are classified as trade debtors and are carried at cost less impairment.

Financial instruments
The company has opted to apply the small company disclosure exemptions from the reporting requirements of FRS 102 concerning financial instruments.

Taxation
Taxation for the year 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

BOND WOLFE FINANCE LIMITED (REGISTERED NUMBER: 09935121)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. FIXED ASSET INVESTMENTS
Interest
in other
participating
interests
£   
COST
Additions 1,172,505
At 31 July 2023 1,172,505
NET BOOK VALUE
At 31 July 2023 1,172,505

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 89,868 -
Tax - 11,254
89,868 11,254

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Accruals and deferred income 1,026 1,000

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Amounts owed to group undertakings 1,175,000 -