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Company No: SC607557 (Scotland)

GWR (HOLDING COMPANY) LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL PERIOD FROM 03 JULY 2023 TO 30 JUNE 2024
PAGES FOR FILING WITH THE REGISTRAR

GWR (HOLDING COMPANY) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 03 JULY 2023 TO 30 JUNE 2024

Contents

GWR (HOLDING COMPANY) LIMITED

BALANCE SHEET

AS AT 30 JUNE 2024
GWR (HOLDING COMPANY) LIMITED

BALANCE SHEET (continued)

AS AT 30 JUNE 2024
Note 30.06.2024 02.07.2023
£ £
Fixed assets
Investments 3 1 1
1 1
Current assets
Debtors 4 328,429 368,656
328,429 368,656
Creditors: amounts falling due within one year 5 ( 356,180) ( 396,407)
Net current liabilities (27,751) (27,751)
Total assets less current liabilities (27,750) (27,750)
Net liabilities ( 27,750) ( 27,750)
Capital and reserves
Called-up share capital 6 1 1
Profit and loss account ( 27,751 ) ( 27,751 )
Total shareholder's deficit ( 27,750) ( 27,750)

For the financial period ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of GWR (Holding Company) Limited (registered number: SC607557) were approved and authorised for issue by the Director on 28 March 2025. They were signed on its behalf by:

N Simeone
Director
GWR (HOLDING COMPANY) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 03 JULY 2023 TO 30 JUNE 2024
GWR (HOLDING COMPANY) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 03 JULY 2023 TO 30 JUNE 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

GWR (Holding Company) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is C/O Johnston Carmichael, 227 West George Street, Glasgow, G2 2ND, Scotland, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, 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 £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

These financial statements cover the period from 3 July 2023 to 30 June 2024. The period ended 30 June 2024 was a 52 week period.

Financial instruments

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.

Basic financial assets
Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Investments
Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs.

2. Employees

Period from
03.07.2023 to
30.06.2024
Period from
04.07.2022 to
02.07.2023
Number Number
Monthly average number of persons employed by the Company during the period, including the director 1 1

3. Fixed asset investments

Investments in subsidiaries

30.06.2024
£
Cost
At 03 July 2023 1
At 30 June 2024 1
Carrying value at 30 June 2024 1
Carrying value at 02 July 2023 1

Investments in shares

Name of entity Registered office Principal activity Class of
shares
Ownership
30.06.2024
Ownership
02.07.2023
GWR (Public House) Limited 227, West George Street, Glasgow, Scotland, G2 2ND Licensed restaurant Ordinary 100.00% 100.00%

4. Debtors

30.06.2024 02.07.2023
£ £
Amounts owed by Group undertakings 271,587 368,656
Amounts owed by related parties 56,842 0
328,429 368,656

5. Creditors: amounts falling due within one year

30.06.2024 02.07.2023
£ £
Amounts owed to related parties 356,180 396,407

6. Called-up share capital

30.06.2024 02.07.2023
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1

7. Related party transactions

Other related party transactions

30.06.2024 02.07.2023
£ £
Due from subsidiary 271,587 368,656
Due to related parties 299,338 396,407