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REGISTERED NUMBER: 11763403 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 April 2024

for

W1 M LTD

W1 M LTD (REGISTERED NUMBER: 11763403)






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


W1 M LTD

Company Information
for the Year Ended 30 April 2024







DIRECTOR: J Roddison FCA





REGISTERED OFFICE: The Old Workshop
1 Ecclesall Road
Sheffield
South Yorkshire
S11 9PA





REGISTERED NUMBER: 11763403 (England and Wales)





ACCOUNTANTS: Brown McLeod Limited
Chartered Accountants
The Old Workshop
1 Ecclesall Road South
Sheffield
South Yorkshire
S11 9PA

W1 M LTD (REGISTERED NUMBER: 11763403)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 3,303,596 3,188,296

CURRENT ASSETS
Debtors 5 149,500 -
Cash at bank 862 8,243
150,362 8,243
CREDITORS
Amounts falling due within one year 6 3,430,593 3,230,522
NET CURRENT LIABILITIES (3,280,231 ) (3,222,279 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,365

(33,983

)

PROVISIONS FOR LIABILITIES 22,190 -
NET ASSETS/(LIABILITIES) 1,175 (33,983 )

CAPITAL AND RESERVES
Called up share capital 1 1
Non-distributable reserves 86,257 -
Retained earnings (85,083 ) (33,984 )
SHAREHOLDERS' FUNDS 1,175 (33,983 )

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 director acknowledges his 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.

W1 M LTD (REGISTERED NUMBER: 11763403)

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 director and authorised for issue on 7 December 2024 and were signed by:





M E K O Owuo Junior - Director


W1 M LTD (REGISTERED NUMBER: 11763403)

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

1. STATUTORY INFORMATION

W1 M Ltd 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 as modified by the revaluation of certain assets.

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.

3. EMPLOYEES AND DIRECTORS

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

W1 M LTD (REGISTERED NUMBER: 11763403)

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 May 2023 3,188,296
Additions 198,490
Disposals (200,000 )
Revaluations 116,810
At 30 April 2024 3,303,596
NET BOOK VALUE
At 30 April 2024 3,303,596
At 30 April 2023 3,188,296

Cost or valuation at 30 April 2024 is represented by:

Other
investments
£   
Valuation in 2020 (4,363 )
Valuation in 2021 111,693
Valuation in 2022 (80,521 )
Valuation in 2023 (37,659 )
Valuation in 2024 116,810
Cost 3,197,636
3,303,596

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 149,500 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts - 5,321
Other creditors 3,430,593 3,225,201
3,430,593 3,230,522

7. ULTIMATE CONTROLLING PARTY

The controlling party is M E K O Owuo.