Company registration number 15630900 (England and Wales)
W V ASSET MANAGEMENT 1 LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
W V ASSET MANAGEMENT 1 LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
W V ASSET MANAGEMENT 1 LIMITED
BALANCE SHEET
AS AT
30 APRIL 2025
30 April 2025
- 1 -
2025
Notes
£
£
Current assets
Debtors
3
2,366,100
Cash at bank and in hand
100
2,366,200
Creditors: amounts falling due within one year
4
(720)
Net current assets
2,365,480
Creditors: amounts falling due after more than one year
5
(2,603,872)
Net liabilities
(238,392)
Capital and reserves
Called up share capital
100
Profit and loss reserves
(238,492)
Total equity
(238,392)

For the financial Period ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 7 August 2026 and are signed on its behalf by:
Mr J Patel
Director
Company registration number 15630900 (England and Wales)
W V ASSET MANAGEMENT 1 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2025
- 2 -
1
Accounting policies
Company information

W V Asset Management 1 Limited is a private company limited by shares incorporated in England and Wales. The registered office is 720 Centennial Avenue, Elstree, Borehamwood, WD6 3SY.

1.1
Reporting period

These are the first set of financial statements prepared by the company after the incorporation. Therefor, there are no comparatives included and the financial statements are prepared for the period of 12 months and 22 days.

1.2
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

The financial statements have been prepared on a going concern basis. At the balance sheet date, the company had net current liabilities of £2 true 38,392. The directors and the related party have confirmed that they will continue to provide financial support to the company as required. Accordingly, the directors consider it appropriate to prepare the financial statements on the going concern basis.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

W V ASSET MANAGEMENT 1 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6

Related party exemption

The company has taken advantage of the exemption, under the terms of Financial Reporting Standard 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within group.

2
Employees

The average monthly number of persons (including directors) employed by the company during the Period was:

2025
Number
Total
2
3
Debtors
2025
Amounts falling due within one year:
£
Amounts owed by group undertakings
2,366,100
4
Creditors: amounts falling due within one year
2025
£
Other creditors
720
5
Creditors: amounts falling due after more than one year
2025
£
Bank loans and overdrafts
2,603,872
W V ASSET MANAGEMENT 1 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 APRIL 2025
5
Creditors: amounts falling due after more than one year
(Continued)
- 4 -

Bank loans repayable within one year and after more than one year are secured by fixed and floating charges over the company’s freehold and leasehold properties, plant and machinery, book debts, receivables, and intellectual property over the assets of the companies within the Group.

6
Parent Undertaking

The ultimate parent company is W V Asset Management Limited, which is incorporated in England and Wales.

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