Caseware UK (AP4) 2024.0.164 2024.0.164 2023-12-312023-12-310falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.0falsetrueHolding companytrue2022-12-16 14545342 2022-12-15 14545342 2022-12-16 2023-12-31 14545342 2022-01-01 2022-12-15 14545342 2023-12-31 14545342 1 2022-12-16 2023-12-31 14545342 d:Director1 2022-12-16 2023-12-31 14545342 c:CurrentFinancialInstruments 2023-12-31 14545342 c:Non-currentFinancialInstruments 2023-12-31 14545342 c:CurrentFinancialInstruments c:WithinOneYear 2023-12-31 14545342 c:Non-currentFinancialInstruments c:AfterOneYear 2023-12-31 14545342 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2023-12-31 14545342 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2023-12-31 14545342 c:ShareCapital 2023-12-31 14545342 c:RetainedEarningsAccumulatedLosses 2023-12-31 14545342 d:FRS102 2022-12-16 2023-12-31 14545342 d:AuditExempt-NoAccountantsReport 2022-12-16 2023-12-31 14545342 d:FullAccounts 2022-12-16 2023-12-31 14545342 d:PrivateLimitedCompanyLtd 2022-12-16 2023-12-31 14545342 2 2022-12-16 2023-12-31 14545342 6 2022-12-16 2023-12-31 14545342 e:PoundSterling 2022-12-16 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 14545342









WIGAN TOPCO LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
WIGAN TOPCO LIMITED
REGISTERED NUMBER: 14545342

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
Note
£

Fixed assets
  

Investments
 4 
1

  
1

Current assets
  

Debtors: amounts falling due after more than one year
 5 
9,057,320

Debtors: amounts falling due within one year
 5 
504

  
9,057,824

Creditors: amounts falling due within one year
 6 
(5,285)

Net current assets
  
 
 
9,052,539

Total assets less current liabilities
  
9,052,540

Creditors: amounts falling due after more than one year
 7 
(9,128,603)

  

Net (liabilities)/assets
  
(76,063)


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
(76,064)

  
(76,063)

Page 1

 
WIGAN TOPCO LIMITED
REGISTERED NUMBER: 14545342
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 September 2025.




Geva Dagan
Director

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
WIGAN TOPCO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Wigan Topco Limited (the 'Company') is a limited company incorporated in England & Wales. The Company's registered office is at 14 Berkeley Street, London, W1J 8DX.
The company was incorporated and commenced activities on 16 December 2022.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

The Company meets its day to day working capital requirements through utilisation of its own funds and loans from shareholders and third party lenders. 
The Company has received confirmation from its shareholders and lenders that the Company will receive the financial support that it requires in order to meet its liabilities as they fall due. Based on this assurance, the directors consider it appropriate to prepare the financial statements on a going concern basis.

 
2.4

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 3

 
WIGAN TOPCO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

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 statement of financial position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the period was 0.

Page 4

 
WIGAN TOPCO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
1



At 31 December 2023
1





5.


Debtors

2023
£

Due after more than one year

Amounts owed by group undertakings
9,057,320

9,057,320


2023
£

Due within one year

Other debtors
41

Prepayments and accrued income
463

504



6.


Creditors: Amounts falling due within one year

2023
£

Amounts owed to group undertakings
2,285

Accruals and deferred income
3,000

5,285


Page 5

 
WIGAN TOPCO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due after more than one year

2023
£

Other loans
7,376,537

Amounts owed to group undertakings
1,752,066

9,128,603



8.


Loans


Analysis of the maturity of loans is given below:


2023
£


Amounts falling due 1-2 years

Other loans
537,452


537,452

Amounts falling due 2-5 years

Other loans
6,839,085


6,839,085


7,376,537



9.


Related party transactions

At the reporting date, the Company owed £1,174 to EEH Ventures Limited, its parent company. This amount is unsecured, interest free and repayable on demand. 
The Company has taken advantage of the exemptions provided by "Financial Reporting Standard 102" not to disclose transactions with the entities wholly owned within the group.
The Company has not entered into any further material transactions with related parties that have not been conducted under normal market conditions.

Page 6

 
WIGAN TOPCO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

10.


Post balance sheet events

Subsequent to the reporting date, the Company subdivided its share capital from 100 shares with a nominal value of £0.01 per share to 10,000 shares with a nominal value of £0.0001 per share. The Company then issued a further 3,334 shares at par and the aggregate nominal value in respect of this share issue was £0.334.
Subsequent to the reporting date, the Company received additional loan financing of £1,000,000 from one of its shareholders.
These are considered to be non-adjusting subsequent events and accordingly, no adjustments have been made to the financial statements for the period ended 31 December 2023.


11.


Controlling party

During the period, the ultimate parent company was EEH Ventures Limited which is incorporated in England & Wales. During the period, EEH Ventures Limited owned 51% of the share capital of the Company.
During the period, the ultimate controlling party was Mr Eitan Eldar.

 
Page 7