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REGISTERED NUMBER: 14270728 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

WAMM INVESTMENTS LTD

WAMM INVESTMENTS LTD (REGISTERED NUMBER: 14270728)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WAMM INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: Mr W C Neal





REGISTERED OFFICE: Granville Hall
Granville Road
Leicester
LE1 7RU





REGISTERED NUMBER: 14270728 (England and Wales)

WAMM INVESTMENTS LTD (REGISTERED NUMBER: 14270728)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 87 49

CURRENT ASSETS
Debtors 5 764,962 450
Cash at bank and in hand 1,100 100
766,062 550
CREDITORS
Amounts falling due within one year 6 19,929 1,800
NET CURRENT ASSETS/(LIABILITIES) 746,133 (1,250 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

746,220

(1,201

)

CAPITAL AND RESERVES
Called up share capital 7 149 149
Retained earnings 8 746,071 (1,350 )
SHAREHOLDERS' FUNDS 746,220 (1,201 )

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

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

WAMM INVESTMENTS LTD (REGISTERED NUMBER: 14270728)

BALANCE SHEET - continued
31 AUGUST 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 11 March 2025 and were signed by:





Mr W C Neal - Director


WAMM INVESTMENTS LTD (REGISTERED NUMBER: 14270728)

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


1. STATUTORY INFORMATION

Wamm Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the total value of management charges invoiced to clients during the financial year, excluding Value Added Tax. Revenue is recognised when the services have been provided, and the corresponding invoice has been issued, in accordance with the terms of the service agreement.

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.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

WAMM INVESTMENTS LTD (REGISTERED NUMBER: 14270728)

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


2. ACCOUNTING POLICIES - continued

Investments
Investments are recognised at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. FIXED ASSET INVESTMENTS
Interest
in other
participating
interests
£   
COST
At 1 September 2023 49
Additions 38
At 31 August 2024 87
NET BOOK VALUE
At 31 August 2024 87
At 31 August 2023 49

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Welford Healthcare Limited
Registered office: Granville Hall, Granville Road, Leicester, LE1 7RU
Nature of business:
%
Class of shares: holding
Ordinary 11.00

Welford Healthcare CHH Limited
Registered office: Granville Hall, Granville Road, Leicester, LE1 7RU
Nature of business:
%
Class of shares: holding
Ordinary 38.00

Welford CHH Topco Limited
Registered office: Granville Hall, Granville Road, Leicester, LE1 7RU
Nature of business:
%
Class of shares: holding
Ordinary 38.00

WAMM INVESTMENTS LTD (REGISTERED NUMBER: 14270728)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 764,962 450

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 17,429 -
Other creditors 2,500 1,800
19,929 1,800

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
149 Ordinary £1 149 149

8. RESERVES
Retained
earnings
£   

At 1 September 2023 (1,350 )
Profit for the year 875,053
Dividends (127,632 )
At 31 August 2024 746,071

9. RELATED PARTY DISCLOSURES

Dividends totalling £611,212 (2023 - £120,776) were received from Welford Healthcare Limited.

Dividends totalling £200,000 (2023 - £nil) were received from Welford Healthcare CHH Limited.

Within other debtors there is a balance totalling £679,962 (2023 - £Nil) owed by Welford Healthcare CHH Limited. WAMM Investments holds a 38% shareholding in Welford Healthcare CHH Limited.

Within other debtors there is a balance totalling £85,000 (2023 - £Nil) owed by Welford Healthcare Limited. WAMM Investments holds a 11% shareholding in Welford Healthcare Limited.