Wadner Holdings Limited 14274720 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Holding company Digita Accounts Production Advanced 6.30.9574.0 true true 14274720 2023-04-01 2024-03-31 14274720 2024-03-31 14274720 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2024-03-31 14274720 bus:OrdinaryShareClass2 bus:Non-cumulativeNon-redeemableShares 2024-03-31 14274720 core:CurrentFinancialInstruments 2024-03-31 14274720 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 14274720 core:AdditionsToInvestments 2024-03-31 14274720 core:CostValuation 2024-03-31 14274720 bus:SmallEntities 2023-04-01 2024-03-31 14274720 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 14274720 bus:FullAccounts 2023-04-01 2024-03-31 14274720 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 14274720 bus:RegisteredOffice 2023-04-01 2024-03-31 14274720 bus:Director1 2023-04-01 2024-03-31 14274720 bus:Director2 2023-04-01 2024-03-31 14274720 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2023-04-01 2024-03-31 14274720 bus:OrdinaryShareClass2 bus:Non-cumulativeNon-redeemableShares 2023-04-01 2024-03-31 14274720 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 14274720 core:Associate1 2023-04-01 2024-03-31 14274720 core:Associate1 countries:AllCountries 2023-04-01 2024-03-31 14274720 core:Associate2 2023-04-01 2024-03-31 14274720 core:Associate2 countries:AllCountries 2023-04-01 2024-03-31 14274720 countries:England 2023-04-01 2024-03-31 14274720 core:CostValuation 2023-03-31 14274720 2022-08-03 2023-03-31 14274720 2023-03-31 14274720 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2023-03-31 14274720 bus:OrdinaryShareClass2 bus:Non-cumulativeNon-redeemableShares 2023-03-31 14274720 core:CurrentFinancialInstruments 2023-03-31 14274720 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 14274720 core:Associate1 2022-08-03 2023-03-31 14274720 core:Associate2 2022-08-03 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14274720

Wadner Holdings Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Wadner Holdings Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Wadner Holdings Limited

Company Information

Directors

J Wadner

S J Wadner

Registered office

Waynflete House
139 Eastgate
Louth
Lincolnshire
LN11 9QQ

 

Wadner Holdings Limited

(Registration number: 14274720)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

1,884

1,784

Current assets

 

Debtors

5

286,568

78,315

Cash at bank and in hand

 

498,110

409,689

 

784,678

488,004

Creditors: Amounts falling due within one year

6

(5,854)

(16,026)

Net current assets

 

778,824

471,978

Net assets

 

780,708

473,762

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

780,608

473,662

Shareholders' funds

 

780,708

473,762

For the financial year ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 August 2024 and signed on its behalf by:
 

.........................................
J Wadner
Director

.........................................
S J Wadner
Director

 

Wadner Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital incorporated in England and the company registration number is 14274720.

The address of its registered office is:
Waynflete House
139 Eastgate
Louth
Lincolnshire
LN11 9QQ

These financial statements were authorised for issue by the Board on 14 August 2024.

These financial statements cover the individual entity, Wadner Holdings Limited

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Wadner Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the Company in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the Company includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 2 (2023 - 1).

 

Wadner Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Investments

2024
£

2023
£

Investments in associates

1,884

1,784

Associates

£

Cost

At 1 April 2023

1,784

Additions

100

At 31 March 2024

1,884

Provision

Carrying amount

At 31 March 2024

1,884

At 31 March 2023

1,784

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the Company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

     

2024

2023

Associates

Clavell Caravans Limited

Lowgate House, Lowgate Road, Conisholme, Louth, Lincolnshire, LN11 7LX

Ordinary A

48%

48%

 

England

     

Limetree Leisure Limited

Lowgate House, Lowgate Road, Conisholme, Louth, Lincolnshire. LN11 7LX

Ordinary A

100%

0%

 

England

     

Associates

Clavell Caravans Limited

The principal activity of Clavell Caravans Limited is caravan sales.

Limetree Leisure Limited

The principal activity of Limetree Leisure Limited is caravan sales.

Wadner Holdings Limited's association with Clavell Caravans Limited on 31st March 2024 due to Clavell Caravans Limited ceasing trade and the company altogether.

 

Wadner Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

5

Debtors

Current

Note

2024
£

2023
£

Amounts owed by related parties

260,000

78,315

Other debtors

 

26,568

-

   

286,568

78,315

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

515

27

Taxation and social security

665

-

Other creditors

2,974

14,499

Accruals and deferred income

1,700

1,500

5,854

16,026

7

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary A shares of £1 each

95

95

95

95

Ordinary B shares of £1 each

5

5

5

5

 

100

100

100

100

8

Loans and borrowings

2024
£

2023
£

Current loans and borrowings

Other borrowings

2,874

14,499