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WOLSEY GROUP LIMITED

Registered Number
03883705
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2024

WOLSEY GROUP LIMITED
Company Information
for the year from 1 January 2024 to 31 December 2024

Directors

RATCLIFFE, Michael Arthur
RATCLIFFE, Steven Michael

Company Secretary

RATCLIFFE, Steven Michael

Registered Address

2 Esher Road
Hersham
Walton-On-Thames
KT12 4JY

Registered Number

03883705 (England and Wales)
WOLSEY GROUP LIMITED
Balance Sheet as at
31 December 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Investments3511,816511,816
511,816511,816
Current assets
Cash at bank and on hand2,1362,136
2,1362,136
Creditors amounts falling due within one year(515,904)(515,904)
Net current assets (liabilities)(513,768)(513,768)
Total assets less current liabilities(1,952)(1,952)
Net assets(1,952)(1,952)
Capital and reserves
Called up share capital1,021,4361,021,436
Other reserves947,915947,915
Profit and loss account(1,971,303)(1,971,303)
Shareholders' funds(1,952)(1,952)
The financial statements were approved and authorised for issue by the Board of Directors on 24 April 2025, and are signed on its behalf by:
RATCLIFFE, Steven Michael
Director
Registered Company No. 03883705
WOLSEY GROUP LIMITED
Notes to the Financial Statements
for the year ended 31 December 2024

1.Accounting policies
Statutory information
Wolsey Group Limited is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 "the Financial Reporting Standard applicable in the Uk and Republic of Ireland' including the provisions of Section 1A 'Small Entities and Companies Act 2006.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Current 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 the 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.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less impairment.
2.Average number of employees

20242023
Average number of employees during the year00
3.Fixed asset investments
The investments below relate to subsidiaries.

Total

£
Cost or valuation
At 01 January 24511,816
At 31 December 24511,816
Net book value
At 31 December 24511,816
At 31 December 23511,816
4.Parent-subsidiary relationships
Preparation of consolidated financial statements The financial statements contain information about Wolsey Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399 (2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
5.Further information regarding the company's financial position
Related Party Exemption The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries of the group.