Ward Cole Holdings Limited 06231845 false 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is that of a holding company. The company does not trade Digita Accounts Production Advanced 6.30.9574.0 false true 06231845 2022-12-01 2023-11-30 06231845 2023-11-30 06231845 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 06231845 bus:SmallEntities 2022-12-01 2023-11-30 06231845 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 06231845 bus:FullAccounts 2022-12-01 2023-11-30 06231845 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 06231845 bus:RegisteredOffice 2022-12-01 2023-11-30 06231845 bus:Director2 2022-12-01 2023-11-30 06231845 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 06231845 core:AllSubsidiaries 2022-12-01 2023-11-30 06231845 core:Subsidiary1 2022-12-01 2023-11-30 06231845 core:Subsidiary1 1 2022-12-01 2023-11-30 06231845 core:Subsidiary1 countries:England 2022-12-01 2023-11-30 06231845 countries:UnitedKingdom 2022-12-01 2023-11-30 06231845 core:CostValuation 2022-11-30 06231845 2021-12-01 2022-11-30 06231845 2022-11-30 06231845 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 06231845 core:Subsidiary1 1 2021-12-01 2022-11-30 iso4217:GBP xbrli:pure

Registration number: 06231845

Ward Cole Holdings Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2023

 

Ward Cole Holdings Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Ward Cole Holdings Limited

(Registration number: 06231845)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

4

524,100

524,100

Creditors: Amounts falling due within one year

5

(504,684)

(504,684)

Net assets

 

19,416

19,416

Capital and reserves

 

Called up share capital

500

500

Retained earnings

18,916

18,916

Shareholders' funds

 

19,416

19,416

For the financial year ending 30 November 2023 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.

Approved and authorised by the Board on 16 August 2024 and signed on its behalf by:
 

.........................................
S J Bovill
Director

 

Ward Cole Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

General information

The Company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Fosse House
Roman Wharf
Lincoln
LN1 1SR

These financial statements were authorised for issue by the Board on 16 August 2024.

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.

These financial statements cover the individual entity only.

The financial statements are presented in sterling which is the functional currency of the company, and rounded to the nearest £1.

Group accounts not prepared

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

3

Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 3 (2022 - 3).

 

Ward Cole Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

4

Investments

2023
£

2022
£

Investments in subsidiaries

524,100

524,100

Subsidiaries

£

Cost or valuation

At 1 December 2022

524,100

Provision

Carrying amount

At 30 November 2023

524,100

At 30 November 2022

524,100

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

     

2023

2022

Subsidiary undertakings

Ward Cole Limited

Fosse House
Roman Wharf
Lincoln
LN1 1SR

England

Ordinary

100%

100%

Subsidiary undertakings

Ward Cole Limited

The principal activity of Ward Cole Limited is Civil and structural engineering.

 

Ward Cole Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

5

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Loans and borrowings

40,361

55,907

Amounts owed to Company undertakings and undertakings in which the Company has a participating interest

6

373,070

357,524

Other creditors

 

91,253

91,253

 

504,684

504,684

6

Related party transactions

Summary of transactions with subsidiaries

Ward Cole Limited
 The company has taken advantage of the exemption in section 33 of FRS102 'Related Party Disclousres' from disclosing transactions with other members of the group in which any subsidiary which is a party to the transaction is wholly owned by the group.