The ordinary share capital of W Ltd (which is a trading company) is owned 30% by X
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The ordinary share capital of W Ltd (which is a trading company) is owned 30% by X Ltd, 25% by Y Ltd and 45% by Z Ltd. All of these companies are UK resident and they prepare accounts to 31 March. Results for the year to 31 March 2021 are as follows:
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Trading profit/(loss) Chargeable gains W Ltd (62,000) 10,000 X Ltd 41,000 Y Ltd 11,000 Z Ltd 38,000
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