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REGISTERED NUMBER: 07519934 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

WMC (Holdings) Limited

WMC (Holdings) Limited (Registered number: 07519934)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WMC (Holdings) Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: A Farrell
M G Hill





REGISTERED OFFICE: S11 The Atkins Building
Lower Bond Street
Hinckley
Leicestershire
LE10 1QU





REGISTERED NUMBER: 07519934 (England and Wales)





ACCOUNTANTS: Abrahamson Foster Limited
The Atkins Building
Lower Bond Street
Hinckley
Leicestershire
LE10 1QU

WMC (Holdings) Limited (Registered number: 07519934)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 599,491 599,773
Investments 5 2,164 2,164
601,655 601,937

CURRENT ASSETS
Debtors 6 390,494 515,841
Cash at bank 41,248 700
431,742 516,541
CREDITORS
Amounts falling due within one year 7 322,267 495,552
NET CURRENT ASSETS 109,475 20,989
TOTAL ASSETS LESS CURRENT
LIABILITIES

711,130

622,926

PROVISIONS FOR LIABILITIES 27,600 27,600
NET ASSETS 683,530 595,326

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 681,530 593,326
683,530 595,326

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

WMC (Holdings) Limited (Registered number: 07519934)

Balance Sheet - continued
30 April 2024


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 6 November 2024 and were signed on its behalf by:





A Farrell - Director


WMC (Holdings) Limited (Registered number: 07519934)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

WMC (Holdings) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

WMC (Holdings) Limited (Registered number: 07519934)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 617,762 9,179 626,941
DEPRECIATION
At 1 May 2023 18,841 8,327 27,168
Charge for year - 282 282
At 30 April 2024 18,841 8,609 27,450
NET BOOK VALUE
At 30 April 2024 598,921 570 599,491
At 30 April 2023 598,921 852 599,773

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 2,164
NET BOOK VALUE
At 30 April 2024 2,164
At 30 April 2023 2,164

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Amounts owed by group undertakings 177,317 304,689
Other debtors 213,177 211,152
390,494 515,841

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Amounts owed to group undertakings 196,865 257,361
Taxation and social security 103,558 142,350
Other creditors 21,844 95,841
322,267 495,552