| REGISTERED NUMBER: |
| WYNWEST LIMITED |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| REGISTERED NUMBER: |
| WYNWEST LIMITED |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| WYNWEST LIMITED (REGISTERED NUMBER: 03240364) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| For The Year Ended 31 DECEMBER 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| WYNWEST LIMITED |
| COMPANY INFORMATION |
| For The Year Ended 31 DECEMBER 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| and Statutory Auditors |
| 8 Church Green East |
| Redditch |
| Worcestershire |
| B98 8BP |
| WYNWEST LIMITED (REGISTERED NUMBER: 03240364) |
| BALANCE SHEET |
| 31 DECEMBER 2025 |
| 31.12.25 | 31.12.24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Share premium | 10 |
| Retained earnings | 10 |
| SHAREHOLDERS' FUNDS |
| 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. |
| WYNWEST LIMITED (REGISTERED NUMBER: 03240364) |
| BALANCE SHEET - continued |
| 31 DECEMBER 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| WYNWEST LIMITED (REGISTERED NUMBER: 03240364) |
| NOTES TO THE FINANCIAL STATEMENTS |
| For The Year Ended 31 DECEMBER 2025 |
| 1. | STATUTORY INFORMATION |
| Wynwest Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents rents receivable, excluding value added tax. |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost less any provision for impairment. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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. |
| Listed investments |
| Listed investments are stated at fair value. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| WYNWEST LIMITED (REGISTERED NUMBER: 03240364) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 31 DECEMBER 2025 |
| 4. | FIXED ASSET INVESTMENTS |
| Shares in |
| group | Listed |
| undertakings | investments | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 January 2025 | 2,887,487 |
| Additions | 1,978,577 |
| Disposals | ( |
) | (11,262 | ) |
| Revaluations | 545,827 |
| At 31 December 2025 | 5,400,629 |
| PROVISIONS |
| At 1 January 2025 |
| and 31 December 2025 | 4,649 | - | 4,649 |
| NET BOOK VALUE |
| At 31 December 2025 | 5,395,980 |
| At 31 December 2024 | 2,882,838 |
| Cost or valuation at 31 December 2025 is represented by: |
| Shares in |
| group | Listed |
| undertakings | investments | Totals |
| £ | £ | £ |
| Valuation in 2025 | - | 951,950 | 951,950 |
| Cost | 4,650 | 4,444,029 | 4,448,679 |
| 4,650 | 5,395,979 | 5,400,629 |
| If fixed asset investments had not been revalued they would have been included at the following historical cost: |
| 31.12.25 | 31.12.24 |
| £ | £ |
| Cost | 4,448,679 | 2,481,365 |
| Aggregate provisions | (4,649 | ) | (4,649 | ) |
| Fixed asset investments were valued on an open market basis on 31 December 2025. |
| WYNWEST LIMITED (REGISTERED NUMBER: 03240364) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 31 DECEMBER 2025 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: United Kingdom |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.12.25 | 31.12.24 |
| £ | £ |
| Aggregate capital and reserves |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 January 2025 |
| and 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| At 31 December 2024 |
| Fair value at 31 December 2025 is represented by: |
| £ |
| Valuation in 2025 | 548,798 |
| Cost | 701,442 |
| 1,250,240 |
| If investment property had not been revalued it would have been included at the following historical cost: |
| 31.12.25 | 31.12.24 |
| £ | £ |
| Cost | 701,442 | 701,442 |
| Investment property was valued on an open market basis on 31 December 2019 by Paarl Property Consultants . |
| The directors' opinion is that the value at 31 December 2025 would not have changed significantly. |
| WYNWEST LIMITED (REGISTERED NUMBER: 03240364) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 31 DECEMBER 2025 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.25 | 31.12.24 |
| £ | £ |
| Amounts owed by group undertakings |
| Prepayments & accrued income |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.25 | 31.12.24 |
| £ | £ |
| Amounts owed to group undertakings |
| Tax |
| Accruals & deferred income |
| 8. | PROVISIONS FOR LIABILITIES |
| 31.12.25 | 31.12.24 |
| £ | £ |
| Deferred tax | 375,187 | 238,730 |
| Deferred |
| tax |
| £ |
| Balance at 1 January 2025 |
| Charge to Income Statement during year |
| Balance at 31 December 2025 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.25 | 31.12.24 |
| value: | £ | £ |
| Ordinary | £1 | 235,835 | 235,835 |
| WYNWEST LIMITED (REGISTERED NUMBER: 03240364) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 31 DECEMBER 2025 |
| 10. | RESERVES |
| Retained | Share |
| earnings | premium | Totals |
| £ | £ | £ |
| At 1 January 2025 | 10,665,939 |
| Profit for the year |
| At 31 December 2025 | 11,461,885 |
| 11. | RELATED PARTY DISCLOSURES |
| At the balance sheet date, the Company was owed £3,820,000 (2024: £3,820,000) |
| from Wynwest Holdings Limited. The loan was unsecured and repayable on demand. |
| 12. | ULTIMATE CONTROLLING PARTY |
| The controlling party is Wynwest Holdings Limited. |
| The ultimate controlling party is |