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REGISTERED NUMBER: 02571522 (England and Wales)















W A (HOLDINGS) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2024






W A (HOLDINGS) LIMITED (REGISTERED NUMBER: 02571522)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


W A (HOLDINGS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr K P Lamb
Miss M Lamb
Mr J K Lamb



REGISTERED OFFICE: Town Wall House
Balkerne Hill
Colchester
Essex
CO3 3AD



REGISTERED NUMBER: 02571522 (England and Wales)



BANKERS: HSBC
Midlands House
26 North Station Road
Colchester
Essex
CO1 1SY

W A (HOLDINGS) LIMITED (REGISTERED NUMBER: 02571522)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 458 1,145
Investments 5 2 2
Investment property 6 1,200,000 1,200,000
1,200,460 1,201,147

CURRENT ASSETS
Debtors 7 467,911 451,318
Investments 8 408,275 460,643
Cash at bank 59,330 76,455
935,516 988,416
CREDITORS
Amounts falling due within one year 9 (73,183 ) (109,688 )
NET CURRENT ASSETS 862,333 878,728
TOTAL ASSETS LESS CURRENT LIABILITIES 2,062,793 2,079,875

PROVISIONS FOR LIABILITIES (126,966 ) (112,247 )
NET ASSETS 1,935,827 1,967,628

W A (HOLDINGS) LIMITED (REGISTERED NUMBER: 02571522)

BALANCE SHEET - continued
31 MARCH 2024

2024 2023
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 111 111
Share premium 210,789 210,789
Fair value reserve 10 736,796 717,826
Retained earnings 988,131 1,038,902
1,935,827 1,967,628

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2025 and were signed on its behalf by:





Mr J K Lamb - Director


W A (HOLDINGS) LIMITED (REGISTERED NUMBER: 02571522)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

W A (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.

For the purposes of presentation, the financial statements are rounded to the nearest Pound Sterling (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small
Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and
Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the
historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 20% on cost

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Basic financial instruments are recognised at amortised cost.

Current asset investments
Current asset investments are included at fair value, with changes in fair value recognised in the income statement of the year.

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.


W A (HOLDINGS) LIMITED (REGISTERED NUMBER: 02571522)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 7,147 23,504 30,651
DEPRECIATION
At 1 April 2023 6,002 23,504 29,506
Charge for year 687 - 687
At 31 March 2024 6,689 23,504 30,193
NET BOOK VALUE
At 31 March 2024 458 - 458
At 31 March 2023 1,145 - 1,145

W A (HOLDINGS) LIMITED (REGISTERED NUMBER: 02571522)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 2
NET BOOK VALUE
At 31 March 2024 2
At 31 March 2023 2

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 1,200,000
NET BOOK VALUE
At 31 March 2024 1,200,000
At 31 March 2023 1,200,000

The investment properties were valued by the directors at their estimate of market value as at 31 March 2021 which is still considered to be market value as at 31st March 2024..

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,774 8,345
Amounts due from subsidiary undertaking 88,061 88,162
Other debtors 97,768 89,850
Directors' loan accounts 271,552 259,813
Prepayments and accrued income 5,756 5,148
467,911 451,318

W A (HOLDINGS) LIMITED (REGISTERED NUMBER: 02571522)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 207,192 460,643
Unlisted investments 201,083 -
408,275 460,643

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,258 1,468
Corporation tax 8,844 47,202
Other taxes and social security 89 89
Other creditors 23,498 24,105
Accruals and deferred income 38,494 36,824
73,183 109,688

10. RESERVES
Fair
value
reserve
£   
At 1 April 2023 717,826
Fair value adjustment 25,354
Deferred tax movement (6,384 )

At 31 March 2024 736,796

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company paid expenses on behalf of Mr K P Lamb totalling £11,740 (2023: £105,571) and he introduced £Nil (2023: £30,000). At the year end Mr K P Lamb owed the company £271,553 (2023: £259,812).

This amount is interest free, unsecured and repayable on demand.