EWE Holdings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13848375

EWE Holdings Limited

Filleted Unaudited Financial Statements

For the year ended

31 January 2026

EWE Holdings Limited

Statement of Financial Position

31 January 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	4	2,100,000	2,100,000
Investments	5	2,076,380	2,076,380
		-------------	-------------
		4,176,380	4,176,380

Current assets

Debtors	6	728,456	868,941
Cash at bank and in hand		451,190	9,944
		-------------	----------
		1,179,646	878,885

Creditors: amounts falling due within one year	7	86,644		55,130
		-------------		----------
Net current assets			1,093,002		823,755
			-------------		-------------
Total assets less current liabilities			5,269,382		5,000,135

Provisions	73,293	41,028
	-------------	-------------
Net assets	5,196,089	4,959,107
	-------------	-------------

Capital and reserves

Called up share capital	8	4,679,918	4,679,918
Profit and loss account		516,171	279,189
		-------------	-------------
Shareholders funds		5,196,089	4,959,107
		-------------	-------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

EWE Holdings Limited

Statement of Financial Position (continued)

31 January 2026

These financial statements were approved by the board of directors and authorised for issue on 28 October 2026 , and are signed on behalf of the board by:

Mr J T Sweeting

Director

Company registration number: 13848375

EWE Holdings Limited

Notes to the Financial Statements

Year ended 31 January 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Kahawa House, Elsham Wold Industrial Estate, Elsham, Brigg, DN20 0SP.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

(b) Going concern

The UK economy has recently been impacted by rising inflation, interest rates and energy costs. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future, as steps have been taken to prepare for the impact of these factors on the current trading performance. On this basis, the directors have prepared these financial statements on a going concern basis.

(c) Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

(d) Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively . Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date . Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are 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. Deferred tax is measured 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 .

(e) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

(f) Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

(g) Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date .

(h) Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

(i) Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

4. Tangible assets

	Freehold property
	£
Cost
At 1 February 2025 and 31 January 2026	2,100,000
	-------------
Depreciation
At 1 February 2025 and 31 January 2026	–
	-------------
Carrying amount
At 31 January 2026	2,100,000
	-------------
At 31 January 2025	2,100,000
	-------------

5. Investments

	Shares in group undertakings
	£
Cost
At 1 February 2025 and 31 January 2026	2,076,380
	-------------
Impairment
At 1 February 2025 and 31 January 2026	–
	-------------

Carrying amount
At 31 January 2026	2,076,380
	-------------
At 31 January 2025	2,076,380
	-------------

6. Debtors

	2026	2025
	£	£
Amounts owed by group undertakings	423,215	423,215
Other debtors	305,241	445,726
	----------	----------
	728,456	868,941
	----------	----------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Corporation tax	46,729	42,130
Other creditors	39,915	13,000
	--------	--------
	86,644	55,130
	--------	--------

8. Called up share capital

Authorised share capital

	2026		2025
	No.	£	No.	£
Ordinary S shares of £ 1 each	2,355,518	2,355,518	2,355,518	2,355,518
Ordinary J shares of £ 1 each	2,324,400	2,324,400	2,324,400	2,324,400
	-------------	-------------	-------------	-------------
	4,679,918	4,679,918	4,679,918	4,679,918
	-------------	-------------	-------------	-------------

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary S shares of £ 1 each	2,355,518	2,355,518	2,355,518	2,355,518
Ordinary J shares of £ 1 each	2,324,400	2,324,400	2,324,400	2,324,400
	-------------	-------------	-------------	-------------
	4,679,918	4,679,918	4,679,918	4,679,918
	-------------	-------------	-------------	-------------

The holders of ordinary S and ordinary J shares are entitled to one vote per share at meetings of the Company. Dividends can be declared at different times and at different rates on the S and J shares. The S shares give rights to exercise control over the S share assets and the J shares give rights to exercise control of the J share assets as defined in the company Articles of Association.

9. Related party transactions

The company has taken advantage of the exemptions provided in FRS 102 from reporting transactions between wholly owned members of the group.

10. Controlling party

The ultimate controlling party of EWE Holdings Limited is S D Herring .