The Wolf Rock Holding Company Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 13190083 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

THE WOLF ROCK HOLDING COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S McCarthy

Mr P McCarthy

REGISTERED OFFICE:

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

REGISTERED NUMBER:

13190083 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

NatWest Bank Plc

12-16 Old Town Street

Plymouth

Devon

PL1 1DG

FIXED ASSETS

Tangible assets

4

1,015,471

1,015,557

Investments

5

1,010

1,016,481

1,016,567

CURRENT ASSETS

Cash at bank

5,338

3,121

CREDITORS

Amounts falling due within one year

6

244,614

305,870

NET CURRENT LIABILITIES

(239,276

)

(302,749

)

TOTAL ASSETS LESS CURRENT LIABILITIES

777,205

713,818

CREDITORS

Amounts falling due after more than one
year

7

599,908

635,933

NET ASSETS

177,297

77,885

CAPITAL AND RESERVES

Called up share capital

2,000

Retained earnings

175,297

75,885

SHAREHOLDERS' FUNDS

177,297

77,885

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2026 and were signed on its behalf by:

Mr P McCarthy - Director

Mrs S McCarthy - Director

1.	STATUTORY INFORMATION

The Wolf Rock Holding Company Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

COST

At 1 March 2025

and 28 February 2026

1,014,981

1,057

1,016,038

DEPRECIATION

At 1 March 2025

-

481

Charge for year

-

86

At 28 February 2026

-

567

NET BOOK VALUE

At 28 February 2026

1,014,981

490

1,015,471

At 28 February 2025

1,014,981

576

1,015,557

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 March 2025

and 28 February 2026

1,010

NET BOOK VALUE

At 28 February 2026

1,010

At 28 February 2025

1,010

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

16,829

9,333

Amounts owed to group undertakings

221,408

289,692

Tax

1,263

2,559

Other creditors

10

Directors' current accounts

2,387

1,933

Accrued expenses

2,717

2,343

244,614

305,870

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Bank loans - 2-5 years

67,316

37,332

Bank loans more 5 yr by instal

532,592

598,601

599,908

635,933

2026

2025

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

532,592

598,601

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Bank loans

616,737

645,266

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2026 and 28 February 2025:

2026

2025

£

Mr P McCarthy and Mrs S McCarthy

Balance outstanding at start of year

(1,933

)

13,263

Amounts advanced

193,975

217,303

Amounts repaid

(194,429

)

(232,499

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(2,387

)

(1,933

)

Loans are unsecured, interest free and repayable on demand.

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £136,000 (2025 - £160,000) were paid to the directors .

The company is the 100% owner and Parent Company of The Wolf Rock Boat Company Limited. The registered office is Vantage Point House, Silverhills Road, Decoy Industrial Estate, newton Abbot, Devon, TQ12 5ND.