REGISTERED NUMBER: 07936052 (England and Wales)

WH Norwich Ltd

Unaudited Financial Statements

For The Year Ended

31st March 2025

Page

Balance Sheet

1

to

2

Notes to the Financial Statements

3

to

5

FIXED ASSETS

Intangible assets

5

-

320,417

Tangible assets

6

-

11,954

-

332,371

CURRENT ASSETS

Stocks

-

99,709

Debtors

7

167,110

310,310

Cash at bank

95,164

91,963

262,274

501,982

CREDITORS

Amounts falling due within one year

8

630,493

392,971

NET CURRENT (LIABILITIES)/ASSETS

(368,219

)

109,011

TOTAL ASSETS LESS CURRENT LIABILITIES

(368,219

)

441,382

CREDITORS

Amounts falling due after more than one year

9

(254,341

)

(401,986

)

PROVISIONS FOR LIABILITIES

-

(1,214

)

NET (LIABILITIES)/ASSETS

(622,560

)

38,182

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

(622,760

)

37,982

(622,560

)

38,182

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 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 27th November 2025 and were signed on its behalf by:

M Neale - Director

S Matthews - Director

Ms S Castellano - Director

1.	STATUTORY INFORMATION

WH Norwich Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07936052

Registered office:

Yare House

62-64 Thorpe Road

Norwich

Norfolk

NR1 1RY

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

10% on cost

Computer equipment

-

33% on cost and 25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 25 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

892,481

Disposals

(892,481

)

At 31st March 2025

-

AMORTISATION

At 1st April 2024

572,064

Charge for year

26,638

Eliminated on disposal

(598,702

)

At 31st March 2025

-

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

320,417

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st April 2024

14,162

32,652

46,814

Additions

350

990

1,340

Disposals

(14,512

)

(33,642

)

(48,154

)

At 31st March 2025

-

-

-

DEPRECIATION

At 1st April 2024

8,766

26,094

34,860

Charge for year

980

2,758

3,738

Eliminated on disposal

(9,746

)

(28,852

)

(38,598

)

At 31st March 2025

-

-

-

NET BOOK VALUE

At 31st March 2025

-

-

-

At 31st March 2024

5,396

6,558

11,954

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

36,714

271,583

Amounts owed by group undertakings

58,221

10,000

Other debtors

72,175

28,727

167,110

310,310

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

16,217

30,341

Trade creditors

63,326

72,766

Taxation and social security

106,115

209,609

Other creditors

444,835

80,255

630,493

392,971

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

254,341

401,986

10.	ULTIMATE CONTROLLING PARTY

The controlling party is WHEA Limited.