Westwood (Wholesale Foods) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00944762

WESTWOOD (WHOLESALE FOODS) LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 March 2026

WESTWOOD (WHOLESALE FOODS) LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31st MARCH 2026

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

WESTWOOD (WHOLESALE FOODS) LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5	14	14
Investments	6	48,412	42,245
		--------	--------
		48,426	42,259

Current assets

Debtors	7	112	–
Cash at bank and in hand		1,304	3,882
		-------	-------
		1,416	3,882

Creditors: amounts falling due within one year	8	928		1,182
		-------		-------
Net current assets			488		2,700
			--------		--------
Total assets less current liabilities			48,914		44,959
			--------		--------
Net assets			48,914		44,959
			--------		--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	48,814	44,859
	--------	--------
Shareholders funds	48,914	44,959
	--------	--------

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 income and retained earnings has not been delivered.

For the year ending 31st March 2026 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

WESTWOOD (WHOLESALE FOODS) LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 19 June 2026 , and are signed on behalf of the board by:

Mr J.B. Westwood
Director

Company registration number: 00944762

WESTWOOD (WHOLESALE FOODS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31st MARCH 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Maesteg, Church Street, Claverley, Shropshire, WV5 7DA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

(i) Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

(ii) Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

(iii) Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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.

(iv) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

(v) Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures, fittings & equipment	-	25% straight line

(vi) 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.

(vii) Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).

5. Tangible assets

	Fixtures and fittings	Total
	£	£
Cost
At 1st April 2025 and 31st March 2026	293	293
	----	----
Depreciation
At 1st April 2025 and 31st March 2026	279	279
	----	----
Carrying amount
At 31st March 2026	14	14
	----	----
At 31st March 2025	14	14
	----	----

6. Investments

	Other investments other than loans
	£
Cost
At 1st April 2025	42,245
Disposals	( 3,339)
Revaluations	9,506
	--------
At 31st March 2026	48,412
	--------
Impairment
At 1st April 2025 and 31st March 2026	–
	--------

Carrying amount
At 31st March 2026	48,412
	--------
At 31st March 2025	42,245
	--------

Investments held at valuation

The company owns shares in various blue chip companies listed on the United Kingdom stock exchange. The shares are valued at the closing market price at the year end date and the above valuation includes an element of unrealised gain or loss.

At 18th June 2026, being the last practicable date before the accounts were signed, the shares had a closing market valuation of £51,437 (2025 - £46,946).

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

	Other investments other than loans
	£
At 31st March 2026
Aggregate cost	15,509
Aggregate depreciation	–
	--------
Carrying value	15,509
	--------

At 31st March 2025
Aggregate cost	18,837
Aggregate depreciation	–
	--------
Carrying value	18,837
	--------

7. Debtors

	2026	2025
	£	£
Other debtors	112	–
	----	----

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Corporation tax	28	334
Other creditors	900	848
	----	-------
	928	1,182
	----	-------

9. Related party transactions

The company was under the control of Mr Westwood throughout the current and previous year. Mr Westwood is the managing director and majority shareholder. No transactions with related parties were undertaken such as are required to be disclosed under the Financial Reporting Standards.