Registered number: 03452890
UNAUDITED
DIRECTORS' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
CWCB HOLDINGS LIMITED
CONTENTS
CWCB HOLDINGS LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The directors present their report and the financial statements for the year ended 31 December 2024.
The directors who served during the year were:
QUALIFIED THIRD-PARTY INDEMNITY PROVISIONS
The Company has in place a qualifying third-party indemnity provision for all directors (to the extent permitted by
law) in respect of liabilities incurred as a result of their office. The Company also has in place liability insurance
covering the directors and officers of the company and any associated companies. Both the indemnity and
insurance were in force during the period ended 31 December 2024 and at the time of the approval of this
Directors' Report. Neither the indemnity nor the insurance provide cover in the event that the director is proven
to have acted dishonestly or fraudulently.
This report was approved by the board on 9 June 2025 and signed on its behalf.
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CWCB HOLDINGS LIMITED
REGISTERED NUMBER: 03452890
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024
No statement of comprehensive income is presented with these financial statements because the company has
not recognised any income, expenditure or any other items of comprehensive income in respect of the year or
the prior year.
not recognised any income, expenditure or any other items of comprehensive income in respect of the year or
the prior year.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9 June 2025 .
The notes on pages 3 to 5 form part of these financial statements.
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CWCB HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1.ACCOUNTING POLICIES
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
In accordance with paragraph 35.10(m) of FRS 102, the company has elected to retain its previous accounting policies for reported assets, liabilities and equity until there is any change to those balances or the company undertakes any new transactions.
The company had no cash flows during the year and has accordingly not produced a Cash Flow
Statement.
Statement.
There have been no changes to equity and accordingly the company not produced a statement of
changes in equity.
changes in equity.
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CWCB HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
The subsidiaries are registered at One Canada Square, Canary Wharf, London E14 5AB.
During the year the company received dividends of £Nil (2023 - £Nil) from its subsidiary undertakings.
In accordance with Section 400 of the Companies Act 2006, financial information is only presented in these financial statements about the company as an individual undertaking and not about its group because the company and its subsidiary undertakings are included in the consolidated financial statements of a larger group (Note 6).
The directors are of the opinion that the value of the company's investments at 31 December 2024 was not less than the amount shown in the company's balance sheet.
During the year the company received dividends of £Nil (2023 - £Nil) from its subsidiary undertakings.
In accordance with Section 400 of the Companies Act 2006, financial information is only presented in these financial statements about the company as an individual undertaking and not about its group because the company and its subsidiary undertakings are included in the consolidated financial statements of a larger group (Note 6).
The directors are of the opinion that the value of the company's investments at 31 December 2024 was not less than the amount shown in the company's balance sheet.
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CWCB HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
The company's immediate parent undertaking is Canary Wharf Investments Limited.
As at 31 December 2024 the smallest group of which the company is a member and for which group financial statements are drawn up is the consolidated financial statements of Canary Wharf Group Investment Holdings plc. Copies of the financial statements may be obtained from the Company Secretary, One Canada Square, Canary Wharf, London E14 5AB.
The largest group of which the company is a member for which group financial statements are drawn up is the consolidated financial statements of Stork HoldCo LP, an entity registered in Bermuda and the ultimate parent undertaking and controlling party. Stork HoldCo LP is controlled as to 50% by Brookfield Property Partners LP and as to 50% by Qatar Investment Authority.
The directors have taken advantage of the exemption in paragraph 33.1A of FRS 102 allowing the company not to disclose related party transactions with respect to other group companies.
As at 31 December 2024 the smallest group of which the company is a member and for which group financial statements are drawn up is the consolidated financial statements of Canary Wharf Group Investment Holdings plc. Copies of the financial statements may be obtained from the Company Secretary, One Canada Square, Canary Wharf, London E14 5AB.
The largest group of which the company is a member for which group financial statements are drawn up is the consolidated financial statements of Stork HoldCo LP, an entity registered in Bermuda and the ultimate parent undertaking and controlling party. Stork HoldCo LP is controlled as to 50% by Brookfield Property Partners LP and as to 50% by Qatar Investment Authority.
The directors have taken advantage of the exemption in paragraph 33.1A of FRS 102 allowing the company not to disclose related party transactions with respect to other group companies.
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