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REGISTERED NUMBER: 15062694 (England and Wales)









Unaudited Financial Statements

for the Period 10 August 2023 to 31 December 2024

for

WS Bis Henderson Limited

WS Bis Henderson Limited (Registered number: 15062694)






Contents of the Financial Statements
for the Period 10 August 2023 to 31 December 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


WS Bis Henderson Limited (Registered number: 15062694)

Balance Sheet
31 December 2024

Notes £   
FIXED ASSETS
Investments 4 6,924

CURRENT ASSETS
Debtors 5 1,018,816

CREDITORS
Amounts falling due within one year 6 (6,924 )
NET CURRENT ASSETS 1,011,892
TOTAL ASSETS LESS CURRENT LIABILITIES 1,018,816

CREDITORS
Amounts falling due after more than one
year

7

(1,263,604

)
NET LIABILITIES (244,788 )

CAPITAL AND RESERVES
Called up share capital 1,000
Share premium 99,000
Capital contribution reserve (163,604 )
Retained earnings (181,184 )
(244,788 )

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

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

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 8 May 2025 and were signed by:





Mr E J Stobart - Director


WS Bis Henderson Limited (Registered number: 15062694)

Notes to the Financial Statements
for the Period 10 August 2023 to 31 December 2024

1. STATUTORY INFORMATION

WS Bis Henderson Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 15062694

Registered office: Griffin House, Lyncastle Way
Barley Castle Trading Estate
Appleton
Warrington
Cheshire
WA4 4ST

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.

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

Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets are initially measured at their transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial.

Financial liabilities

Financial liabilities are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities, which include other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

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

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.


WS Bis Henderson Limited (Registered number: 15062694)

Notes to the Financial Statements - continued
for the Period 10 August 2023 to 31 December 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 6,924
At 31 December 2024 6,924
NET BOOK VALUE
At 31 December 2024 6,924

5. DEBTORS
£   
Amounts falling due within one year:
Amounts owed by group undertakings 60,000
Other debtors 40,000
100,000

Amounts falling due after more than one year:
Amounts owed by group undertakings 638,327
Other debtors 280,489
918,816

Aggregate amounts 1,018,816

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to group undertakings 6,924

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Other creditors 1,263,604

WS Bis Henderson Limited (Registered number: 15062694)

Notes to the Financial Statements - continued
for the Period 10 August 2023 to 31 December 2024

8. RELATED PARTY DISCLOSURES

During the year loan notes were issued to a value of £1.1m. The holders of the notes are WST Group Limited who is the majority shareholder of the company and Mr A Kaye who is also a shareholder. Interest is charged to the company at a rate of 12%. In the period to 31 December 2024 £181,184 was expensed in relation to interest charges in the profit and loss.. At the reporting date the amount outstanding in relation to the loan notes for both parties totalled £1.34m.The loan notes are for a term of 5 years and will therefore mature on 17 August 2028.