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Registration number: 10739863

Wholey Investments Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Wholey Investments Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Wholey Investments Limited

Company Information

Directors | Mr R M Wholey Mrs K P Wholey

Registered office | Tudor Lodge Division Lane Blackpool Lancashire FY4 5EA

Accountants | Red Dot Accountants Ltd 15 Olympic Court Whitehills Business Park Blackpool Lancashire FY4 5GU

Wholey Investments Limited

(Registration number: 10739863)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 3,506 | 3,896
Investment property | 5 | 572,138 | 572,138
Other financial assets | 6 | 39,664 | 52,266
|  | 615,308 | 628,300
Current assets |  |  |
Debtors | 7 | - | 13,293
Cash at bank and in hand |  | 6,304 | 1,590
|  | 6,304 | 14,883
Creditors: Amounts falling due within one year | 8 | (292,496) | (300,135)
Net current liabilities |  | (286,192) | (285,252)
Total assets less current liabilities |  | 329,116 | 343,048
Creditors: Amounts falling due after more than one year | 8 | (306,995) | (319,272)
Provisions for liabilities |  | (666) | (740)
Net assets |  | 21,455 | 23,036
Capital and reserves |  |  |
Called up share capital | 9 | 2 | 2
Retained earnings |  | 21,453 | 23,034
Shareholders' funds |  | 21,455 | 23,036

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 17 December 2025 and signed on its behalf by:

Wholey Investments Limited

(Registration number: 10739863)
Balance Sheet as at 31 March 2025

......................................... Mrs K P Wholey Director

Wholey Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Tudor Lodge
Division Lane
Blackpool
Lancashire
FY4 5EA

These financial statements were authorised for issue by the Board on 17 December 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Wholey Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures and fittings | 10% on written down value

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Investments

Investments are initially stated at cost, then restated to fair value at each period end. Changes in fair value are recognised in profit or loss.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Wholey Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2024 - 1).

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 April 2024 | 5,938 | 5,938
At 31 March 2025 | 5,938 | 5,938
Depreciation
At 1 April 2024 | 2,042 | 2,042
Charge for the year | 390 | 390
At 31 March 2025 | 2,432 | 2,432
Carrying amount
At 31 March 2025 | 3,506 | 3,506
At 31 March 2024 | 3,896 | 3,896

5 | Investment properties

| 2025 £
At 1 April | 572,138
At 31 March | 572,138

The Directors have vaklued the property at fair value based on their consideration of the values for similar properties in the nearby vicinity.

There has been no valuation of investment property by an independent valuer.

Wholey Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6 | Other financial assets (current and non-current)

| Financial assets at cost less impairment £ | Total £
Non-current financial assets
Cost or valuation
At 1 April 2024 | 52,266 | 52,266
Disposals | (12,602) | (12,602)
At 31 March 2025 | 39,664 | 39,664
Impairment
Carrying amount
At 31 March 2025 | 39,664 | 39,664

7 | Debtors

Current | 2025 £ | 2024 £
Other debtors | - | 13,293
| - | 13,293

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 10 | 144,571 | 148,165
Trade creditors |  | - | 21,142
Taxation and social security |  | 627 | -
Other creditors |  | 147,298 | 130,828
|  | 292,496 | 300,135

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 10 | 306,995 | 319,272

Wholey Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 2 | 2 | 2 | 2

10 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 306,995 | 319,272

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 31,045 | 31,165
Other borrowings | 113,526 | 117,000
| 144,571 | 148,165