PV WILD HOLDINGS UK LIMITED - Accounts to registrar (filleted) - small 23.2.5
PV WILD HOLDINGS UK LIMITED - Accounts to registrar (filleted) - small 23.2.5
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 December 2022 |
for |
PV WILD HOLDINGS UK LIMITED |
PV WILD HOLDINGS UK LIMITED (REGISTERED NUMBER: 07272752) |
Contents of the Financial Statements |
for the Year Ended 31 December 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Chartered Accountants' Report | 6 |
PV WILD HOLDINGS UK LIMITED |
Company Information |
for the Year Ended 31 December 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Enterprise House |
The Courtyard |
Old Courthouse Road |
Bromborough |
Merseyside |
CH62 4UE |
PV WILD HOLDINGS UK LIMITED (REGISTERED NUMBER: 07272752) |
Balance Sheet |
31 December 2022 |
31.12.22 | 31.12.21 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Fair value reserve | 9 |
Retained earnings | 9 | ( |
) | ( |
) |
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. |
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 |
PV WILD HOLDINGS UK LIMITED (REGISTERED NUMBER: 07272752) |
Notes to the Financial Statements |
for the Year Ended 31 December 2022 |
1. | STATUTORY INFORMATION |
PV WILD HOLDINGS UK LIMITED is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about PV WILD HOLDINGS UK 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. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST OR VALUATION |
At 1 January 2022 |
Revaluations | ( |
) |
At 31 December 2022 |
NET BOOK VALUE |
At 31 December 2022 |
At 31 December 2021 |
PV WILD HOLDINGS UK LIMITED (REGISTERED NUMBER: 07272752) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2022 |
4. | FIXED ASSET INVESTMENTS - continued |
Cost or valuation at 31 December 2022 is represented by: |
Shares in |
group |
undertakings |
£ |
Valuation in 2020 | 5,281,248 |
Valuation in 2021 | 1,000,027 |
Valuation in 2022 | (1,061,817 | ) |
Cost | 350 |
5,219,808 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.22 | 31.12.21 |
£ | £ |
Amounts owed by group undertakings |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.22 | 31.12.21 |
£ | £ |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.12.22 | 31.12.21 |
£ | £ |
Other creditors |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.12.22 | 31.12.21 |
value: | £ | £ |
Ordinary | £1 | 200 | 200 |
9. | RESERVES |
Fair |
Retained | value |
earnings | reserve | Totals |
£ | £ | £ |
At 1 January 2022 | ( |
) | 4,322,630 |
Profit for the year |
Movement in the year | - | (1,061,817 | ) | (1,061,817 | ) |
At 31 December 2022 | ( |
) | 3,290,813 |
PV WILD HOLDINGS UK LIMITED (REGISTERED NUMBER: 07272752) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2022 |
10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
Mr P Wild and Mrs V Wild, directors, operate a current account with the company to which transactions of a private nature are charged. Included in other creditors as at 31st December 2022 is £579,336 (31st December 2021 £594,336) owed to Mr P Wild and Mrs V Wild, this represented the maximum balance outstanding during the year and the loan was interest free and unsecured. |
11. | RELATED PARTY DISCLOSURES |
Included in other debtors is an amount of £2,872,685 (31st December 2021 £3,533,921) due from Next Big Thing Developments Limited a 100% subsidiary of PV Wild Holdings UK Limited. |
Included in other creditors is an amount of £1,050,490 (31st December 2021 £1,384,381) due to Next Big Thing Estates Limited a 100% subsidiary of PV Wild Holdings UK Limited. |
Included in other debtors is an amount of £210,249 (31st December 2021 other debtors £390,334) due to Next Big Thing (New Hall) Limited a 100% subsidiary Next Big Thing Estates Limited which is a 100% subsidiary of PV Wild Holdings UK Limited. |
Included in other debtors is an amount of £1,191,789 (31st December 2021 £1,547,173) due from Next Big Thing Finance Limited a 100% subsidiary of PV Wild Holdings UK Limited. |
Included in other creditors is an amount of £379,957 (31st December 2021 £379,957) due to Next Big Thing (Old Hall) Limited a company with the same directors and shareholders as this company. |
Included in other creditors is an amount of £1,205,609 (31st December 2021 £1,294,132) due to Wildrock Construction Limited a company which is a subsidiary of Next Big Thing Developments Ltd which is a 100% subsidiary of PV Wild Holdings UK Limited. |
12. | ULTIMATE CONTROLLING PARTY |
At the balance sheet date Mr P Wild and Mrs V Wild are the controlling parties by virtue of their shareholdings in the company. |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
PV WILD HOLDINGS UK LIMITED |
The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PV WILD HOLDINGS UK LIMITED for the year ended 31 December 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of PV WILD HOLDINGS UK LIMITED, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of PV WILD HOLDINGS UK LIMITED and state those matters that we have agreed to state to the Board of Directors of PV WILD HOLDINGS UK LIMITED, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PV WILD HOLDINGS UK LIMITED and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that PV WILD HOLDINGS UK LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of PV WILD HOLDINGS UK LIMITED. You consider that PV WILD HOLDINGS UK LIMITED is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of PV WILD HOLDINGS UK LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Enterprise House |
The Courtyard |
Old Courthouse Road |
Bromborough |
Merseyside |
CH62 4UE |
Date: ............................................. |