REGISTERED NUMBER: 12539702 (England and Wales)

WESTWOODS HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A P W Fairbanks

REGISTERED OFFICE:

Winslade House

Manor Drive

Clyst St Mary

EXETER

Devon

EX5 1FY

REGISTERED NUMBER:

12539702 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

7 Sandy Court

Ashleigh Way

Langage Business Park

Plymouth

Devon

PL7 5JX

FIXED ASSETS

Tangible assets

5

458,557

450,457

Investments

6

62,101

2,562,598

520,658

3,013,055

CURRENT ASSETS

Debtors

2,930,010

2,961,715

Cash at bank

5,750

78,323

2,935,760

3,040,038

CREDITORS

Amounts falling due within one year

749,570

1,926,319

NET CURRENT ASSETS

2,186,190

1,113,719

TOTAL ASSETS LESS CURRENT LIABILITIES

2,706,848

4,126,774

CREDITORS

Amounts falling due after more than one year

7

226,448

246,291

NET ASSETS

2,480,400

3,880,483

CAPITAL AND RESERVES

Called up share capital

1,200

1,200

Share premium

1,960,298

1,960,298

Retained earnings

518,902

1,918,985

2,480,400

3,880,483

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2026 and were signed by:

A P W Fairbanks - Director

1.	STATUTORY INFORMATION

Westwoods Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The accounts have been prepared under the going concern basis despite the losses recorded in the current year. The company has net current assets and is a member of a successful trading group.

The director is confident that the company is able to continue to settle its liabilities as they fall due.

Preparation of consolidated financial statements

The financial statements contain information about Westwoods Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of 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 the group.

Tangible fixed assets

Tangible fixed assets are stated at costs less accumulated depreciation and accumulated impairment losses.

Plant and machinery is being depreciated over its useful life of 5 - 10 years.

Assets held for sale have been acquired and are in the process of being renovated in order to be sold on at a future date. These assets are not held for continuing use in the business and hence have not been depreciated.

Impairment of Assets

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss if recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the assets in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transactions costs, and are measured subsequently at amortised costs using the effective interest method.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

The value of investments is reviewed annually for any evidence of impairment. Any impairment identified would be recognised in the Profit and Loss Account.

Taxation

Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date, except as otherwise indicated.

Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. If and when all conditions for retaining tax allowances for the cost of a fixed asset have been met, the deferred tax is reversed.

Deferred tax is calculated using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

The tax expense (income) is presented either in profit or loss, other comprehensive income or equity depending on the transaction that resulted in the tax expense (income).

Provisions for liabilities

Provisions are recognised when the Company has a present (legal or constructive) obligation as a result of a past event; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.

The amount recognised as a provision is the best estimate of the consideration required to settle the present recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value using a pre-tax discount rate. The unwinding of the discount is recognised as a finance costs in profit or loss in the period it arises.

Finance lease and operating lease commitments

At inception the company assesses agreements that transfer the right to use assets. The assessment considers whether the arrangement is a finance lease or an operating lease based on the substances of the arrangement.

Finance leases

Leases of assets that transfer substantially all the risks and rewards of ownership to the Company are classified as finance leases.

Assets held under finance leases are recognized initially at the fair value of the leased asset (or, if lower, the present value of minimum lease payments) at the inception of the lease. The corresponding liability to the lessor is included in the statement of financial position as a finance lease obligation. Lease payments are apportioned between finance charges and reduction of the lease obligation using the effective interest method so as to achieve a constant rate of interest on the remaining balance of the liability. Finance charges are deducted in measuring profit or loss.

Assets held under finance leases are included in tangible fixed assets and depreciated over the shorter of the lease term and the estimated useful life of the asset. Assets are assessed for impairment at each reporting date.

Operating leases

Leases that do no transfer all the risks and rewards of ownership are classified as operating leases. Payments under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2025

450,840

Additions

13,000

At 31 January 2026

463,840

DEPRECIATION

At 1 February 2025

383

Charge for year

4,900

At 31 January 2026

5,283

NET BOOK VALUE

At 31 January 2026

458,557

At 31 January 2025

450,457

The asset held as held for sale has been acquired under finance.

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 February 2025

2,562,598

Disposals

(2,500,497

)

At 31 January 2026

62,101

NET BOOK VALUE

At 31 January 2026

62,101

At 31 January 2025

2,562,598

The disposal in fixed asset investments relates to the investment in UK Protection Ltd. A demerger was carried out on 30 September 2026 and the investment in UK Protection Ltd was transferred to UK Protection Holdings Ltd.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2026

2025

£

£

Repayable by instalments

Finance leases

97,267

137,812

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Finance leases

246,291

258,878

Finance lease liabilities are secured over the assets that they have financed.

9.	RELATED PARTY DISCLOSURES

At the year end there was an overdrawn Directors Loan Account totalling £Nil (2025: £199,998). This balance was hived up to the parent company, Westwood Group 2025 Limited. Interest has been charged on the overdrawn balance during the year of £7,645 (2025: £3,048).