Company registration number 14058373 (England and Wales)
WOLF AND WHITE HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
WOLF AND WHITE HOLDINGS LIMITED
COMPANY INFORMATION
Director
A L Butler-Morley
Company number
14058373
Registered office
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG
Accountants
Ashgates Corporate Services Limited
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG
WOLF AND WHITE HOLDINGS LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
WOLF AND WHITE HOLDINGS LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF WOLF AND WHITE HOLDINGS LIMITED
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wolf and White Holdings Limited for the period ended 31 March 2024 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the board of directors of Wolf and White Holdings Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Wolf and White Holdings Limited and state those matters that we have agreed to state to the board of directors of Wolf and White Holdings Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wolf and White Holdings Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Wolf and White Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Wolf and White Holdings Limited. You consider that Wolf and White Holdings Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Wolf and White Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ashgates Corporate Services Limited
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG
20 August 2024
WOLF AND WHITE HOLDINGS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 2 -
31 March 2024
31 October 2022
Notes
£
£
£
£
Fixed assets
Investments
3
522,600
522,600
Current assets
-
-
Creditors: amounts falling due within one year
4
-
0
(262,600)
Net current liabilities
-
0
(262,600)
Net assets
522,600
260,000
Capital and reserves
Called up share capital
5
100
100
Share premium account
259,900
259,900
Profit and loss reserves
262,600
-
0
Total equity
522,600
260,000

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial period ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 20 August 2024
A L Butler-Morley
Director
Company registration number 14058373 (England and Wales)
WOLF AND WHITE HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
- 3 -
1
Accounting policies
Company information

Wolf and White Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 Prospect Place, Millennium Way, Pride Park, Derby, DE24 8HG.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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 £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

Atruet the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

WOLF AND WHITE HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 4 -
1.5

Group accounts not prepared

For the period ended 31 March 2024 the company was entitled to exemption from preparing group accounts under section 399 of the Companies Act 2006.

2
Employees

There are 0 employees because the company is dormant.

3
Fixed asset investments
31 March
31 October
2024
2022
£
£
Shares in group undertakings and participating interests
522,600
522,600
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 1 November 2022 & 31 March 2024
522,600
Carrying amount
At 31 March 2024
522,600
At 31 October 2022
522,600
4
Creditors: amounts falling due within one year
31 March
31 October
2024
2022
£
£
Amounts owed to group undertakings
-
0
232,962
Other creditors
-
29,638
-
262,600
5
Called up share capital
31 March
31 October
31 March
31 October
2024
2022
2024
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100

 

WOLF AND WHITE HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2024
- 5 -
6
Events after the reporting date

After the balance sheet date, the following dividends have been voted:

 

£53,000 on ordinary £1 shares

2024-03-312022-11-01false20 August 2024CCH SoftwareCCH Accounts Production 2024.100No description of principal activityA L Butler-Morleyfalsefalse140583732022-11-012024-03-3114058373bus:Director12022-11-012024-03-3114058373bus:RegisteredOffice2022-11-012024-03-31140583732024-03-31140583732022-10-3114058373core:CurrentFinancialInstrumentscore:WithinOneYear2024-03-3114058373core:CurrentFinancialInstrumentscore:WithinOneYear2022-10-3114058373core:ShareCapital2024-03-3114058373core:ShareCapital2022-10-3114058373core:SharePremium2024-03-3114058373core:SharePremium2022-10-3114058373core:RetainedEarningsAccumulatedLosses2024-03-3114058373core:RetainedEarningsAccumulatedLosses2022-10-3114058373core:CurrentFinancialInstruments2024-03-3114058373core:CurrentFinancialInstruments2022-10-3114058373bus:PrivateLimitedCompanyLtd2022-11-012024-03-3114058373bus:SmallCompaniesRegimeForAccounts2022-11-012024-03-3114058373bus:FRS1022022-11-012024-03-3114058373bus:AuditExemptWithAccountantsReport2022-11-012024-03-3114058373bus:FullAccounts2022-11-012024-03-31xbrli:purexbrli:sharesiso4217:GBP