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REGISTERED NUMBER: 13190083 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

THE WOLF ROCK HOLDING COMPANY LTD

THE WOLF ROCK HOLDING COMPANY LTD (REGISTERED NUMBER: 13190083)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE WOLF ROCK HOLDING COMPANY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: Mrs S McCarthy
Mr P McCarthy



REGISTERED OFFICE: Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



REGISTERED NUMBER: 13190083 (England and Wales)



ACCOUNTANTS: Marsland Nash Associates
Chartered Tax Advisers, Accountants
and Business Consultants
Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



BANKERS: NatWest Bank Plc
12-16 Old Town Street
Plymouth
Devon
PL1 1DG

THE WOLF ROCK HOLDING COMPANY LTD (REGISTERED NUMBER: 13190083)

BALANCE SHEET
28 FEBRUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,015,557 1,015,658
Investments 5 1,010 1,000
1,016,567 1,016,658

CURRENT ASSETS
Debtors 6 - 13,263
Cash at bank 3,121 6,775
3,121 20,038
CREDITORS
Amounts falling due within one year 7 305,870 324,364
NET CURRENT LIABILITIES (302,749 ) (304,326 )
TOTAL ASSETS LESS CURRENT LIABILITIES 713,818 712,332

CREDITORS
Amounts falling due after more than one
year

8

635,933

645,256
NET ASSETS 77,885 67,076

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 75,885 65,076
SHAREHOLDERS' FUNDS 77,885 67,076

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 WOLF ROCK HOLDING COMPANY LTD (REGISTERED NUMBER: 13190083)

BALANCE SHEET - continued
28 FEBRUARY 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 July 2025 and were signed on its behalf by:




Mr P McCarthy - Director



Mrs S McCarthy - Director


THE WOLF ROCK HOLDING COMPANY LTD (REGISTERED NUMBER: 13190083)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


1. STATUTORY INFORMATION

The Wolf Rock Holding Company 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.
Fixtures and fittings - 15% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

THE WOLF ROCK HOLDING COMPANY LTD (REGISTERED NUMBER: 13190083)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 March 2024
and 28 February 2025 1,014,981 1,057 1,016,038
DEPRECIATION
At 1 March 2024 - 380 380
Charge for year - 101 101
At 28 February 2025 - 481 481
NET BOOK VALUE
At 28 February 2025 1,014,981 576 1,015,557
At 29 February 2024 1,014,981 677 1,015,658

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2024 1,000
Additions 10
At 28 February 2025 1,010
NET BOOK VALUE
At 28 February 2025 1,010
At 29 February 2024 1,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Directors' current accounts - 13,263

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 9,333 9,333
Amounts owed to associates 289,692 311,680
Tax 2,559 1,699
Other creditors 10 -
Directors' current accounts 1,933 -
Accrued expenses 2,343 1,652
305,870 324,364

THE WOLF ROCK HOLDING COMPANY LTD (REGISTERED NUMBER: 13190083)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 2-5 years 37,332 37,332
Bank loans more 5 yr by instal 598,601 607,924
635,933 645,256

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 598,601 607,924

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 645,266 654,589

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2025 and 29 February 2024:

2025 2024
£    £   
Mr P McCarthy and Mrs S McCarthy
Balance outstanding at start of year 13,263 8,547
Amounts advanced 217,303 240,716
Amounts repaid (232,499 ) (236,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,933 ) 13,263

Loans are unsecured, interest free and repayable on demand.

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £160,000 (2024 - £150,000) were paid to the directors .

The company completed is the 100% owner and Parent Company of The Wolf Rock Boat Company Limited. The registered office is Vantage Point House, Silverhills Road, Decoy Industrial Estate, newton Abbot, Devon, TQ12 5ND.