REGISTERED NUMBER: 16357564 (England and Wales)

WHARFEDALE ASSET MANAGEMENT LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S F Kunz

B C Kunz

J S Oade

REGISTERED OFFICE:

Wharfedale House 28 Smithies Lane

Birstall

Batley

West Yorkshire

WF17 9HR

REGISTERED NUMBER:

16357564 (England and Wales)

ACCOUNTANTS:

Maclean & Company

1 Park View Court

St Paul's Road

Shipley

West Yorkshire

BD18 3DZ

CURRENT ASSETS

Debtors

4

119,711

Cash at bank and in hand

1,058,791

1,178,502

CREDITORS

Amounts falling due within one year

5

87,276

NET CURRENT ASSETS

1,091,226

TOTAL ASSETS LESS CURRENT LIABILITIES

1,091,226

CREDITORS

Amounts falling due after more than one year

6

1,080,000

NET ASSETS

11,226

CAPITAL AND RESERVES

Called up share capital

7

10,000

Retained earnings

1,226

SHAREHOLDERS' FUNDS

11,226

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 August 2026 and were signed on its behalf by:

S F Kunz - Director

1.	STATUTORY INFORMATION

WHARFEDALE ASSET MANAGEMENT LIMITED 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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

119,711

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

3,639

Amounts owed to group undertakings

13,937

Amounts owed to associates

16,978

Taxation

52,422

Other creditors

300

87,276

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Amounts owed to group undertakings

1,080,000

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

10,000

Ordinary

£1

10,000

8.	RELATED PARTY DISCLOSURES

Wharfedale Developers Limited is a related party as it is owns 100% of the shareholding of Wharfedale Asset Management Limited.

During the year Wharfedale Developers Limited loaned money to Wharfedale Asset Management Limited, at the year end Wharfedale Developers Limited was owed £990,000. The loan is unsecured, interest free and repayable upon demand.

Wharfedale Group Holdings Limited is a related party as it owns a minority shareholding of Wharfedale Developers Limited.

During the year Wharfedale Group Holdings Limited loaned money to Wharfedale Asset Management Limited, at the year end Wharfedale Group Holdings Limited was owed £90,000. The loan is unsecured, interest free and repayable upon demand.

Wharfedale Limited is a related party due to it being wholly owned by Wharfedale Group Holdings Limited. Wharfedale Properties Limited and Skell Finance Co Limited are related parties due to the directors, Mr S Kunz and Mr B Kunz, owning 100% of the shareholding in each company.

Wharfedale Asset Management Limited manages the rents on behalf of these three companies on normal trading terms. At the year end £13,937 was owed to Wharfedale Limited and £16,978 was owed to Wharfedale Properties Limited.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Simon Kunz due to his majority shareholding in the parent company Wharfedale Developers Limited.