ACCOUNTS - Final Accounts preparation

Company Registration Number: 15807911

THE WYEDEAN WEAVING (HOLDINGS) CO LIMITED

FINANCIAL STATEMENTS

31 JULY 2025

THE WYEDEAN WEAVING (HOLDINGS) CO LIMITED

REGISTERED NUMBER: 15807911

STATEMENT OF FINANCIAL POSITION

AS AT 31 JULY 2025

		2025
Note		£

Fixed assets
Tangible assets	4		780
Investments	5		1,703,713
Investment property			161,092
			1,865,585
Current assets
Debtors: amounts falling due within one year	7	630,387
		630,387
Creditors: amounts falling due within one year	8	(790,999)
Net current (liabilities)/assets			(160,612)
Total assets less current liabilities			1,704,973

Net assets			1,704,973

Capital and reserves
Called up share capital			22,800
Share premium account			1,680,913
Profit and loss account			1,260
			1,704,973

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THE WYEDEAN WEAVING (HOLDINGS) CO LIMITED

REGISTERED NUMBER: 15807911

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JULY 2025

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 profit and loss account 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 by:

D R A Wright

Director

Date: 8 December 2025

The notes on pages 3 to 8 form part of these financial statements.

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THE WYEDEAN WEAVING (HOLDINGS) CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2025

1.	General information

The company is a private company limited by shares, incorporated and domiciled in the United Kingdom. The company is a tax resident in the United Kingdom. It trades from its registered office address at Bridgehouse Mill, Haworth, West Yorkshire, BD22 8PA. The company was incorporated on 28 June 2024.

These financial statements have been presented in Pound Sterling as this is the currency of the primary economic environment in which the company operates.

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 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 directors believe that the company has adequate resources to continue in operational existence
for the foreseeable future. The company continues to have the support of the directors and
shareholders and therefore continue to adopt the going concern basis of accounting in preparing the
financial statements.

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.

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THE WYEDEAN WEAVING (HOLDINGS) CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2025

2.Accounting policies (continued)

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

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THE WYEDEAN WEAVING (HOLDINGS) CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2025

2.Accounting policies (continued)

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings

20%

straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.9

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.

2.10

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.

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THE WYEDEAN WEAVING (HOLDINGS) CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2025

2.Accounting policies (continued)

2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the period was 2.

4.	Tangible fixed assets

		Fixtures and fittings
		£
	Cost or valuation
	Additions	975
	At 31 July 2025	975
	Depreciation
	Charge for the period on owned assets	195
	At 31 July 2025	195
	Net book value
	At 31 July 2025	780

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THE WYEDEAN WEAVING (HOLDINGS) CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2025

5.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	Additions	1,703,713
	At 31 July 2025	1,703,713

6.	Investment property

		Long term leasehold investment property
		£
	Valuation
	Additions at cost	161,092
	At 31 July 2025	161,092

The 2025 valuations were made by the directors, on an open market value basis.


	At 31 July 2025

	If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
					2025
					£

	Historic cost	161,092
		161,092

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THE WYEDEAN WEAVING (HOLDINGS) CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2025

Debtors

					2025
					£


	Amounts owed by group undertakings	630,387
		630,387

8.	Creditors: Amounts falling due within one year
		2025
		£

	Other creditors	790,999
		790,999

Related party transactions

Included in other creditors due within one year, is a balance of £35,000 owing to D J K Wright and £749,999 owing to D R A Wright, who are both directors. The balance is interest free and repayable on demand.

Included in other creditors due within one year, is a balance of £1,000 owing to S J Corbett, a shareholder. The balance is interest free and repayable on demand.

Included in other creditors due within one year, is a balance of £2,000 owing to R L Wright, a shareholder. The balance is interest free and repayable on demand.

Included in other creditors due within one year, is a balance of £3,000 owing to S B Walbank, a shareholder. The balance is interest free and repayable on demand.

Included in amounts owed by group undertakings, is a balance of £630,387 owed from The Wyedean Weaving Company Limited, a wholly owned subsidiary of The Wyedean Weaving (Holdings) Co Limited. The balance is interest free and repayable on demand.

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