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Registered number: 07751624
Winch & Co Group Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Elementary Accountancy Services Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07751624
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 267,004 576,094
267,004 576,094
CURRENT ASSETS
Debtors 5 156,041 288,713
Cash at bank and in hand - 26
156,041 288,739
Creditors: Amounts Falling Due Within One Year 6 (667,473 ) (1,543,002 )
NET CURRENT ASSETS (LIABILITIES) (511,432 ) (1,254,263 )
TOTAL ASSETS LESS CURRENT LIABILITIES (244,428 ) (678,169 )
Creditors: Amounts Falling Due After More Than One Year 7 (31,453 ) (37,647 )
NET LIABILITIES (275,881 ) (715,816 )
CAPITAL AND RESERVES
Called up share capital 10 10,000 10,000
Share premium account 46,472 46,472
Profit and Loss Account (332,353 ) (772,288 )
SHAREHOLDERS' FUNDS (275,881) (715,816)
Page 1
Page 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Nathan Winch
Director
26/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Winch & Co Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07751624 . The registered office is 46 Park Place, Leeds, LS1 2RY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The director has not identified any material uncertainties relating to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. Thenet liabilities position are noted but it was also noted that this is laregly due to group borrowings and the entity has the support of the directors and the group at this time.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue is recognised when the services have been provided. 
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets relate to the trademarked name of the company. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 3 years
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Investments
Investments are held at cost unless fair value can be reasonably measured. An annual impairment review is carried out by the director. 
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2024 576,094
Disposals (750 )
As at 31 December 2024 575,344
Provision
As at 1 January 2024 -
Added in period 308,340
As at 31 December 2024 308,340
Net Book Value
As at 31 December 2024 267,004
As at 1 January 2024 576,094
Investments are held at cost unless fair value can be reasonably measured. As these are unlisted investments their fair value is difficult to ascertain. An annual impairment review is performed and where an investment is considered to be impaired this is recognised through the profit and loss account during the year.
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 37,500
Other debtors 31,323 29,832
Amounts owed by group undertakings 124,718 221,381
156,041 288,713
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 6,194 5,544
Other creditors 187,246 205,840
Accruals and deferred income 1,130 342
Amounts owed to group undertakings 472,903 1,331,276
667,473 1,543,002
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Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 31,453 37,647
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2024 2023
£ £
Bank loans 5,061 11,909
8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Other Creditors 145,116 162,660
9. Deferred Taxation
Tax losses of £82,059 (2023: £125,281) are available to carry forward to the following year but have not been provided for due to uncertainty of future profits. 
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10,000 10,000
11. Related Party Transactions
The total amount owed from entities under the same control as this entity is £124,298 (2023: £221,380). This is repayable on demand and bears no interest. 
The total amount owed to companies under the same control as this entity is £472,903 (2023: £1,331,275). This is repayable on demand and bears no interest. 
A bad debt of £140,132 (2023: £615,655) was recognised during the year, which related to an entity under the same control as this entity. 
All revenue is dervied from services provided to companies under the same control as this entity. The other income also relates to an entity under the same control as this entity. 
Intangible asset disposals were to entities under the same control as this entity. 
12. Ultimate Parent Undertaking and Controlling Party
The company's ultimate parent undertaking is Winch & Co Capital Ltd . Winch & Co Capital Ltd was incorporated in England. Copies of the group accounts may be obtained from the secretary, 46 Park Place, Leeds, England, LS1 2RY
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