What Em Wore Investments Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 15073976

		31 March 2025		5 April 2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		399,656		70,090

			399,656		70,090
CURRENT ASSETS
Debtors	5	334,190		5
Cash at bank and in hand		62,131		15,026

		396,321		15,031
Creditors: Amounts Falling Due Within One Year	6	(3,845 )		(910 )

NET CURRENT ASSETS (LIABILITIES)			392,476		14,121

TOTAL ASSETS LESS CURRENT LIABILITIES			792,132		84,211

NET ASSETS			792,132		84,211

CAPITAL AND RESERVES
Called up share capital	7		200		200
Profit and Loss Account			791,932		84,011

SHAREHOLDERS' FUNDS			792,132		84,211

For the period ending 31 March 2025 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 her 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

Miss E J Hothersall

Director

8 December 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

What Em Wore Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15073976 . The registered office is 85 Great Portland Street, First Floor, London, England, W1W 7LT.

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

The financial statements are prepared under the historical cost convention, modified to include the revaluation of certain financial instruments to fair value.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.4. 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 period, 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.

2.5. Investments

Investments in Subsidiaries

Investments in subsidiaries are carried at cost less impairment.

Listed Investments

The company holds listed investments as part of its treasury and long-term investment strategy. Listed investments are recognised as financial assets and are measured at fair value through profit or loss in accordance with FRS 102.

Listed investments are initially recognised at their fair value, which is normally the transaction price. Subsequently, they are remeasured at fair value at each reporting date. Fair value is determined using quoted market prices in an active market at the balance sheet date.

Any changes in fair value, whether realised or unrealised, are recognised directly in the profit and loss account in the period in which they arise. Income from listed investments, such as dividends, is recognised in profit or loss when the company’s right to receive payment is established.

Transaction costs related to listed investments are expensed to profit or loss as incurred. Listed investments are derecognised when the contractual rights to the cash flows expire or the asset is sold, with any resulting gain or loss included in profit or loss.

Page 2

Page 3

What Em Wore Investments Limited

Notes to the Financial Statements (continued)

For the Period 6 April 2024 to 31 March 2025

3. Average Number of Employees

Average number of employees, including directors, during the period was: NIL (2024: NIL)

4. Investments

	Listed	Unlisted	Total
	£	£	£
Cost or Valuation
As at 6 April 2024	69,990	100	70,090
Additions	355,758	-	355,758
Disposals	(14,000 )	-	(14,000 )
Fair value adjustments	(12,192 )	-	(12,192 )

As at 31 March 2025	399,556	100	399,656

Provision
As at 6 April 2024	-	-	-

As at 31 March 2025	-	-	-

Net Book Value
As at 31 March 2025	399,556	100	399,656

As at 6 April 2024	69,990	100	70,090

5. Debtors

	31 March 2025	5 April 2024
	£	£
Due within one year
Other debtors	-	5
Due after more than one year
Amounts owed by group undertakings	334,190	-

	334,190	5

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	5 April 2024
	£	£
Amounts owed to group undertakings	-	10
Other creditors	3,845	900

	3,845	910

7. Share Capital

	31 March 2025	5 April 2024
	£	£
Allotted, Called up and fully paid	200	200

Page 3