REGISTERED NUMBER: 15854932 (England and Wales)

WHARFEDALE (2024) LIMITED

Unaudited Financial Statements

for the Period 23 July 2024 to 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S F Kunz

B C Kunz

REGISTERED OFFICE:

Wharfedale House

28 Smithies Lane

Birstall

Batley

WF17 9HR

REGISTERED NUMBER:

15854932 (England and Wales)

FIXED ASSETS

Investments

4

104,066,048

TOTAL ASSETS LESS CURRENT LIABILITIES

104,066,048

CREDITORS

Amounts falling due after more than one year

5

56,353,625

NET ASSETS

47,712,423

CAPITAL AND RESERVES

Called up share capital

6

46,375

Share premium

37,148,288

Retained earnings

10,517,760

SHAREHOLDERS' FUNDS

47,712,423

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 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 12 December 2025 and were signed on its behalf by:

S F Kunz - Director

1.	STATUTORY INFORMATION

WHARFEDALE (2024) 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the period 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 period 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 period was NIL.

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

104,066,048

At 31 March 2025

104,066,048

NET BOOK VALUE

At 31 March 2025

104,066,048

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

56,353,625

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

56,353,625

Within other loans is a non-qualifying corporate bond due to Brian Charles Kunz, a director of the company.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

15,125

Ordinary 'A'

£1

15,125

26,375

Ordinary 'B'

£1

26,375

4,875

Ordinary 'C'

£1

4,875

46,375

7.	RELATED PARTY DISCLOSURES

During the period Wharfedale (2024) Limited purchased the complete shareholding of Wharfedale Limited, a company that was under the control of Brian Charles Kunz and Simon Fraser Kunz, the directors of Wharfedale (2024) Limited.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Simon Fraser Kunz due to his majority shareholding.