ACCOUNTS - Final Accounts preparation

Registered number: 07061094

WASTEWISE LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

WASTEWISE LIMITED

COMPANY INFORMATION

Directors	S J Longdon
	F W McKenzie


Registered number	07061094


Registered office	3 Sidings Court
	White Rose Way
	Doncaster
	United Kingdom
	DN4 5NU

WASTEWISE LIMITED

CONTENTS

	Page
Directors' report	1
Balance sheet	2
Notes to the financial statements	3 - 5

WASTEWISE LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

The Directors present their annual report and the unaudited financial statements of Wastewise Limited ("the Company") for the year ended 31 December 2025.

Principal activity

The company is dormant as defined in section 1169 of the Companies Act 2006. The Company is not anticipated to commence operations in the forthcoming financial year.

Directors

The Directors who served during the year were:

S J Longdon

F W McKenzie

Directors' indemnities

During the financial year, qualifying third party indemnity provisions for the benefit of all Directors of the Company were in force and continue to be in force at the date of this report. Such provisions were made by the Company's parent undertaking, Fomento de Construcciones y Contratas, S.A. ("FCC").

Going concern

The Directors continue to adopt the going concern basis in preparing the Directors’ report and financial statements. Full details of the going concern considerations can be found in note 2 of the notes to the financial statements.

Small companies exemption

This Directors’ report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption provided by section 415A of the Companies Act 2006. As a result of this exemption, the Company has elected not to prepare a separate Strategic Report and Statement of Corporate Governance.

This report was approved by the board and signed on its behalf.

F W McKenzie

Director

Date: 17 September 2026

Page 1

WASTEWISE LIMITED

REGISTERED NUMBER: 07061094

BALANCE SHEET

AS AT 31 DECEMBER 2025

	2025	2024
Note	£	£

Current assets
Other receivables	6	100	100
TOTAL ASSETS		100	100

Capital and reserves
Called up share capital	7	100	100
Retained earnings		-	-
TOTAL EQUITY		100	100
TOTAL EQUITY AND LIABILITIES		100	100

The members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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.

The Company's financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

F W McKenzie

Director

Date: 17 September 2026

The notes on pages 3 to 5 form part of these financial statements.

Page 2

WASTEWISE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Wastewise Limited is a private company limited by shares incorporated in the United Kingdom under the Companies Act 2006, registered in England and Wales. The address of the registered office is given on the company information page. The nature of the Company’s operations and its principal activities are set out in the Directors’ report.

2.Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the year ended 31 December 2025.

2.1

General information and basis of accounting

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 101 ‘Reduced Disclosure Framework’ (“FRS 101”) issued by the Financial Reporting Council.
The functional and presentational currency of Wastewise Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

Exemptions for qualifying entities under FRS 101

The Company has taken advantage of the following disclosure exemptions under FRS 101:

∙the requirements of paragraphs 45(b) and 46-52 of IFRS 2 Share-based payment

∙the requirements of paragraphs 62, B64(d), B64(e), B64(g), B64(h), B64(j) to B64(m), B64(n)(ii), B64(o)(ii), B64(p), B64(q)(ii), B66 and B67 of IFRS 3 Business Combinations

∙the requirements of IFRS 7 Financial Instruments: Disclosures

∙the requirements of paragraphs 91-99 of IFRS 13 Fair Value Measurement

∙the requirement in paragraph 38 of IAS 1 'Presentation of Financial Statements' to present comparative information in respect of:

- paragraph 79(a)(iv) of IAS 1;

- paragraph 73(e) of IAS 16 Property, Plant and Equipment;

- paragraph 118(e) of IAS 38 Intangible Assets;

∙the requirements of paragraphs 10(d), 10(f), 16, 38A, 38B, 38C, 38D, 40A, 40B, 40C, 40D, 111 and 134-136 of IAS 1 Presentation of Financial Statements

∙the requirements of IAS 7 Statement of Cash Flows

∙the requirements of paragraphs 30 and 31 of IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors

∙the requirements of paragraph 17 and 18A of IAS 24 Related Party Disclosures

∙the requirements in IAS 24 Related Party Disclosures to disclose related party transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member

∙the requirements of paragraphs 130(f)(ii), 130(f)(iii), 134(d)-134(f) and 135(c)-135(e) of IAS 36 Impairment of Assets.

This information is included in the consolidated financial statements of FCC as at 31 December 2025 and these financial statements may be obtained from 3 Sidings Court, White Rose Way, Doncaster, DN4 5NU.

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WASTEWISE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.2

Going concern

At 31 December 2025 the Company was dormant and had net assets of £100. The Company is expected to remain dormant for the foreseeable future.
The Directors therefore adopt the going concern basis in preparing the Annual report and financial statements.

3.	Judgements in applying accounting policies and key sources of estimation uncertainty

In the application of the Company’s accounting policies, which are described in note 2, the Directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
There are no areas of significant judgement or specific estimates or assumptions relevant to the Company.

4.	Statement of comprehensive income

No statement of comprehensive income is presented with these financial statements because the Company has not received income, incurred expenditure or recognised any gains or losses during the year ended 31 December 2025 or the prior period.

5.	Directors' remuneration and transactions

None of the Directors received any remuneration or benefits through the Company during the year ended 31 December 2025.
The Company had no employees during the year.

6.	Other receivables

					2025	2024
					£	£


Amounts owed by fellow subsidiary undertakings	100	100

Amounts owed by fellow subsidiary undertakings are unsecured, interest free, have no fixed date of repayment and are repayable on demand.

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WASTEWISE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 (2024: 100) Ordinary shares of £1 each	100	100

Retained earnings

Retained earnings comprises cumulative profits or losses, including unrealised profits or losses recognised in the statement of comprehensive income.

8.	Contingent liabilities

The Company is a member of a group VAT registration and as such has contingent liabilities for VAT in respect of other members of the group.

9.	Related party transactions
	The Directors regard all subsidiaries of FCC as related parties. The Company had no transactions during the year. Under FRS 101, the Company is exempt from disclosing related party transactions with other wholly owned subsidiaries of FCC.

10.	Controlling party

The immediate parent of the Company is Biowise Limited, a company registered in England and Wales.

The directors regard Fomento de Construcciones y Contratas, S.A., a company registered in Spain, as the ultimate parent company. The ultimate controlling party is Control Empresarial de Capitales, S.A. de C.V., a company registered in Mexico.
Fomento de Construcciones y Contratas, S.A. is the parent company of the largest group of which the Company is a member and for which group financial statements are drawn up. FCC Environment (UK) Limited is the parent company of the smallest group of which the Company is a member and for which group financial statements are drawn up. Copies of the financial statements of both Fomento de Construcciones y Contratas, S.A. and FCC Environment (UK) Limited are available from the Company Secretary, 3 Sidings Court, White Rose Way, Doncaster, DN4 5NU.

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