Company No:
Contents
DIRECTOR | Samuel Jonathan Wisnia |
SECRETARY | Taylor Wessing Secretaries Limited |
REGISTERED OFFICE | 5 New Street Square |
London | |
EC4A 3TW | |
United Kingdom |
COMPANY NUMBER | 13176976 (England and Wales) |
Note | 2024 | 2023 | ||
£ | £ | |||
Fixed assets | ||||
Investments | 3 |
|
|
|
10,433,459 | 11,025,647 | |||
Current assets | ||||
Debtors | 4 |
|
|
|
Cash at bank and in hand |
|
|
||
3,202,982 | 2,383,834 | |||
Creditors: amounts falling due within one year | 5 | (
|
(
|
|
Net current liabilities | (5,571,838) | (6,442,243) | ||
Total assets less current liabilities | 4,861,621 | 4,583,404 | ||
Net assets |
|
|
||
Capital and reserves | ||||
Called-up share capital |
|
|
||
Profit and loss account |
|
|
||
Total shareholders' funds |
|
|
Director's responsibilities:
The financial statements of Wisnia Investments Limited (registered number:
Samuel Jonathan Wisnia
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Wisnia Investments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 5 New Street Square, London, EC4A 3TW, United Kingdom.
The financial statements have been prepared under the historical cost convention, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Exchange differences are recognised in the Profit and Loss Account in the period in which they arise.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Assets are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.
Investments are recognised initially at cost which is the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment as their fair value cannot be reliably measured.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
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.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
2024 | 2023 | ||
Number | Number | ||
Monthly average number of persons employed by the company during the year, including the director |
|
|
Other investments | Total | ||
£ | £ | ||
Cost or valuation before impairment | |||
At 01 March 2023 |
|
|
|
Additions |
|
|
|
Disposals | (
|
(
|
|
At 29 February 2024 |
|
|
|
Carrying value at 29 February 2024 |
|
|
|
Carrying value at 28 February 2023 |
|
|
2024 | 2023 | ||
£ | £ | ||
Other debtors |
|
|
2024 | 2023 | ||
£ | £ | ||
Taxation and social security |
|
|
|
Other creditors |
|
|
|
|
|
Included in other creditors is a loan received from a company in which the Director of Wisnia Investments Limited is also a Director. This loan is interest free and is repayable upon demand. At the balance sheet date the amount due to the company was £2,069,993 ($2,621,904) (2022 - £2,166,375 ($2,621,904)).