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Company registration number: 11868457
Thomas Wright Norway (Holdings) Ltd
Unaudited filleted financial statements
For the year ended
31 December 2025
Thomas Wright Norway (Holdings) Ltd
Contents
Statement of financial position
Notes to the financial statements
Thomas Wright Norway (Holdings) Ltd
Statement of financial position
31 December 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Investments |  | 2 | 277,217 |  |  |  | 367,986 |  |
|  |  | ________ |  |  |  | ________ |  |
|  |  |  |  | 277,217 |  |  |  | 367,986
Current assets |  |  |  |  |  |  |  |  |
Debtors |  | 3 | 145,564 |  |  |  | 7,024 |  |
|  |  | ________ |  |  |  | ________ |  |
|  |  | 145,564 |  |  |  | 7,024 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 4 | ( 2,847) |  |  |  | ( 2,295) |  |
|  |  | ________ |  |  |  | ________ |  |
Net current assets |  |  |  |  | 142,717 |  |  |  | 4,729
|  |  |  |  | ________ |  |  |  | ________
Total assets less current liabilities |  |  |  |  | 419,934 |  |  |  | 372,715
Provisions for liabilities |  |  |  |  |  |  |  |  |
Deferred taxation |  |  |  |  | - |  |  |  | ( 10,405)
|  |  |  |  | ________ |  |  |  | ________
Net assets |  |  |  |  | 419,934 |  |  |  | 362,310
|  |  |  |  | ________ |  |  |  | ________
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 31 |  |  |  | 31
Share premium account |  |  |  |  | 320,444 |  |  |  | 320,444
Fair value reserve |  |  |  |  | - |  |  |  | 37,106
Profit and loss account |  |  |  |  | 99,459 |  |  |  | 4,729
|  |  |  |  | ________ |  |  |  | ________
Shareholder funds |  |  |  |  | 419,934 |  |  |  | 362,310
|  |  |  |  | ________ |  |  |  | ________

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 19 May 2026 , and are signed on behalf of the board by:
Mr T E T Wright
Director
Company registration number: 11868457
Thomas Wright Norway (Holdings) Ltd
Notes to the financial statements
Year ended 31 December 2025
1. Accounting policies
Statutory information
Thomas Wright Norway (Holdings) Ltd is a private company, limited by shares, domiciled in England and Wales, registration number 11868457 . The registered office is Causeway Cottage, Lady Hall, Millom, LA18 5HR.
Basis of preparation
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006'. There were no material departures from that standard.The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same financial statements.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for fixed asset investments which are measured at fair value, with changes recognised in the fair value reserve.
2. Investments

|  | Shares in group undertakings and participating interests | Total |  |  |  |
|  | £ | £ |  |  |  |
| Cost or valuation |  |  |  |  |  |
| At 1 January 2025 | 367,986 | 367,986 |  |  |  |
| Revaluations | ( 90,769) | ( 90,769) |  |  |  |
|  | ________ | ________ |  |  |  |
| At 31 December 2025 | 277,217 | 277,217 |  |  |  |
|  | ________ | ________ |  |  |  |
| Impairment |  |  |  |  |  |
| At 1 January 2025 and 31 December 2025 | - | - |  |  |  |
|  | ________ | ________ |  |  |  |
| Carrying amount |  |  |  |  |  |
| At 31 December 2025 | 277,217 | 277,217 |  |  |  |
|  | ________ | ________ |  |  |  |
| At 31 December 2024 | 367,986 | 367,986 |  |  |  |
|  | ________ | ________ |  |  |  |

Investments held at valuation
In respect of investments held at valuation, the comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

|  | Shares in group undertakings and participating interests | Total |  |  |  |
|  | £ | £ |  |  |  |
| At 31 December 2025 |  |  |  |  |  |
| Aggregate cost | 320,475 | 320,475 |  |  |  |
| Aggregate depreciation | - | - |  |  |  |
|  | ________ | ________ |  |  |  |
| Carrying amount | 320,475 | 320,475 |  |  |  |
|  | ________ | ________ |  |  |  |
| At 31 December 2024 |  |  |  |  |  |
| Aggregate cost | 320,475 | 320,475 |  |  |  |
| Aggregate depreciation | - | - |  |  |  |
|  | ________ | ________ |  |  |  |
| Carrying amount | 320,475 | 320,475 |  |  |  |
|  | ________ | ________ |  |  |  |

3. Debtors

|  |  | 2025 | 2024
|  |  | £ | £
| Other debtors |  | 145,564 | 7,024
|  |  | ________ | ________

4. Creditors: amounts falling due within one year

|  |  | 2025 | 2024
|  |  | £ | £
| Director's loan account |  | 2,373 | 1,857
| Other creditors |  | 474 | 438
|  |  | ________ | ________
|  |  | 2,847 | 2,295
|  |  | ________ | ________