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REGISTERED NUMBER: 00843041 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

W.A.C. INVESTMENTS LIMITED

W.A.C. INVESTMENTS LIMITED (REGISTERED NUMBER: 00843041)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


W.A.C. INVESTMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: Mr G R Atkin
Mr J J Caldwell
Mr I N Caldwell





SECRETARY: Mr J J Caldwell





REGISTERED OFFICE: 8 West Of St. Laurence
Old Warwick Road
Rowington
Warwickshire
CV35 7AB





REGISTERED NUMBER: 00843041 (England and Wales)





ACCOUNTANTS: Michael Harwood & Co
Chartered Accountants
Greville House
10 Jury Street
Warwick
Warwickshire
CV34 4EW

W.A.C. INVESTMENTS LIMITED (REGISTERED NUMBER: 00843041)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 381,361 381,633

CURRENT ASSETS
Debtors 5 1,839 -
Cash at bank 30,175 41,237
32,014 41,237
CREDITORS
Amounts falling due within one year 6 4,624 6,160
NET CURRENT ASSETS 27,390 35,077
TOTAL ASSETS LESS CURRENT
LIABILITIES

408,751

416,710

PROVISIONS FOR LIABILITIES 7 75,259 75,000
NET ASSETS 333,492 341,710

CAPITAL AND RESERVES
Called up share capital 8 1,350 1,350
Fair value reserve 9 325,582 325,582
Retained earnings 6,560 14,778
SHAREHOLDERS' FUNDS 333,492 341,710

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by:





Mr J J Caldwell - Director


W.A.C. INVESTMENTS LIMITED (REGISTERED NUMBER: 00843041)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

W.A.C. Investments 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Furniture and fittings - 15% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Furniture
Freehold and
property fittings Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 380,000 27,899 407,899
DEPRECIATION
At 1 April 2023 - 26,266 26,266
Charge for year - 272 272
At 31 March 2024 - 26,538 26,538
NET BOOK VALUE
At 31 March 2024 380,000 1,361 381,361
At 31 March 2023 380,000 1,633 381,633

W.A.C. INVESTMENTS LIMITED (REGISTERED NUMBER: 00843041)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 630 -
Prepayments and accrued income 1,209 -
1,839 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Deposit held 875 875
Trade creditors 300 246
Tax 1,716 4,079
Accrued expenses 1,733 960
4,624 6,160

7. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 75,259 75,000

Deferred
tax
£   
Balance at 1 April 2023 75,000
Provided during year 259
Balance at 31 March 2024 75,259

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
450 Ordinary A shares 1 450 450
450 Ordinary B shares 1 450 450
450 Ordinary C shares 1 450 450
1,350 1,350

9. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 325,582