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REGISTERED NUMBER: 13639496 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

WK SUB 1 LTD

WK SUB 1 LTD (REGISTERED NUMBER: 13639496)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WK SUB 1 LTD

Company Information
for the Year Ended 30 September 2024







DIRECTORS: S Wright
E J D King





SECRETARY:





REGISTERED OFFICE: Unit 15, No. 2
Bulrushes Business Park
Coombe Hill Road
East Grinstead
West Sussex
RH19 4LZ





REGISTERED NUMBER: 13639496 (England and Wales)





ACCOUNTANTS: Hockley Wright & Co. Ltd.
Unit 15, No. 2
Bulrushes Business Park
Coombe Hill Road
East Grinstead
West Sussex
RH19 4LZ

WK SUB 1 LTD (REGISTERED NUMBER: 13639496)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 441,418 461,482

CURRENT ASSETS
Debtors 5 2,000 2,000
Cash at bank 21,820 66,786
23,820 68,786
CREDITORS
Amounts falling due within one year 6 15,380 23,300
NET CURRENT ASSETS 8,440 45,486
TOTAL ASSETS LESS CURRENT LIABILITIES 449,858 506,968

CREDITORS
Amounts falling due after more than one
year

7

441,000

500,000
NET ASSETS 8,858 6,968

CAPITAL AND RESERVES
Called up share capital 8 2,000 2,000
Retained earnings 6,858 4,968
SHAREHOLDERS' FUNDS 8,858 6,968

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 15 May 2025 and were signed on its behalf by:



S Wright - Director



E J D King - Director


WK SUB 1 LTD (REGISTERED NUMBER: 13639496)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

WK Sub 1 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Freehold property
The freehold property is stated at cost. Depreciation is provided on a straight line basis over its estimated useful life of 25 years.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

WK SUB 1 LTD (REGISTERED NUMBER: 13639496)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 October 2023
and 30 September 2024 501,610
DEPRECIATION
At 1 October 2023 40,128
Charge for year 20,064
At 30 September 2024 60,192
NET BOOK VALUE
At 30 September 2024 441,418
At 30 September 2023 461,482

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 2,000 2,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Taxation and social security 8,604 10,304
Other creditors 6,776 12,996
15,380 23,300

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Other creditors 441,000 500,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
1,000 Ordinary £1 1,000 1,000
1,000 Ordinary £1 1,000 1,000
2,000 2,000

9. ULTIMATE CONTROLLING PARTY

In the opinion of the directors, WK Sub 1 Ltd is the Ultimate Controlling Party. The Company is controlled by its directors E J D King and S H Wright, by virtue of the fact that they own 100% of all of the Company's ordinary issued share capital.