REGISTERED NUMBER: 07272948 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

WIGGCO MANAGEMENT SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D WIGGIN

MRS S E WIGGIN

REGISTERED OFFICE:

62 Stakes Road

Purbrook

Waterlooville

Hampshire

PO7 5NT

REGISTERED NUMBER:

07272948 (England and Wales)

ACCOUNTANTS:

Landi Accounting Limited

62 Stakes Road

Purbrook

Waterlooville

Hampshire

PO7 5NT

FIXED ASSETS

Tangible assets

4

1,447

2,546

Investments

5

10,123,734

6,880,002

10,125,181

6,882,548

CURRENT ASSETS

Debtors

6

3,986

54,573

Cash at bank

9,060,273

12,019,213

9,064,259

12,073,786

CREDITORS

Amounts falling due within one year

7

54,086

51,207

NET CURRENT ASSETS

9,010,173

12,022,579

TOTAL ASSETS LESS CURRENT LIABILITIES

19,135,354

18,905,127

PROVISIONS FOR LIABILITIES

172,256

20,700

NET ASSETS

18,963,098

18,884,427

CAPITAL AND RESERVES

Called up share capital

29,430

29,430

Revaluation reserve

8

689,026

82,800

Retained earnings

8

18,244,642

18,772,197

18,963,098

18,884,427

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 23 September 2025 and were signed on its behalf by:

D WIGGIN - Director

MRS S E WIGGIN - Director

1.	STATUTORY INFORMATION

WiggCo Management Services Limited 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 as modified by the revaluation of certain assets.

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.

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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

9,199

DEPRECIATION

At 1 January 2024

6,653

Charge for year

1,099

At 31 December 2024

7,752

NET BOOK VALUE

At 31 December 2024

1,447

At 31 December 2023

2,546

5.	FIXED ASSET INVESTMENTS

31.12.24

31.12.23

£

£

Shares in group subsidiary

1,001

1

Loans to group undertakings

4,216,577

3,580,071

Other investments not loans

5,906,156

3,299,930

10,123,734

6,880,002

Additional information is as follows:

Share in

Other

subsidiary

investments

Totals

£

£

£

COST OR VALUATION

At 1 January 2024

1

3,299,930

3,299,931

Additions

1,000

2,000,000

2,001,000

Revaluations

-

606,226

606,226

At 31 December 2024

1,001

5,906,156

5,907,157

NET BOOK VALUE

At 31 December 2024

1,001

5,906,156

5,907,157

At 31 December 2023

1

3,299,930

3,299,931

Cost or valuation at 31 December 2024 is represented by:

Share in

Other

subsidiary

investments

Totals

£

£

£

Valuation in 2023

1

3,299,930

3,299,931

Valuation in 2024

1,000

2,606,226

2,607,226

1,001

5,906,156

5,907,157

If following historical cost had not been revalued they would have been included at the following historical cost:

31.12.24

31.12.23

£

£

Cost

5,217,130

3,217,130

Loans to

subsidiiary

£

At 1 January 2024

3,580,071

New in year

636,506

At 31 December 2024

4,216,577

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

-

9,500

Other debtors

-

15,000

Directors' current accounts

-

26,624

VAT

3,986

3,449

3,986

54,573

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

43,236

45,206

Other creditors

10,850

6,001

54,086

51,207

8.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 January 2024

18,772,197

82,800

18,854,997

Profit for the year

17,445

-

17,445

Dividends

(545,000

)

-

(545,000

)

Revluation reserve

-

606,226

606,226

At 31 December 2024

18,244,642

689,026

18,933,668

9.	RELATED PARTY DISCLOSURES

As at 31st December 2023 there was an outstanding loan amount of £26,624 from David Wiggin, a director and shareholder, which was repaid in July 2024.

The company charged Management fees of £20,000 and £7,500 to subsidiary's Wiggco Holiday Lettings Ltd and Wiggco Bloodstock Ltd