Company registration number 01835662 (England and Wales)
WBMP Investments Ltd
Unaudited financial statements
For the year ended 28 February 2025
WBMP Investments Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2
WBMP Investments Ltd
Statement of financial position
As at 28 February 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
501,638
458,919
Current assets
Cash at bank and in hand
13,178
19,633
Creditors: amounts falling due within one year
2
(1,575)
(1,856)
Net current assets
11,603
17,777
Net assets
513,241
476,696
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
513,239
476,694
Total equity
513,241
476,696
For the financial year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 19 May 2025 and are signed on its behalf by:
Mr W Price
Director
Company registration number 01835662 (England and Wales)
WBMP Investments Ltd
Notes to the financial statements
For the year ended 28 February 2025
- 2 -
1
Accounting policies
Company information
WBMP Investments Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 3rd Floor, International House, 20 Hatherton Street, Walsall, West Midlands, WS4 2LA.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Fixed asset investments
Fixed asset investments are initially measured at cost and are subsequently re-measured at their fair value.
1.3
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
1,575
1,856