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REGISTERED NUMBER: 11618019 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31st December 2023

for

Waltham Services Group Ltd

Waltham Services Group Ltd (Registered number: 11618019)






Contents of the Financial Statements
for the Year Ended 31st December 2023




Page

Company information 1

Abridged statement of financial position 2

Notes to the financial statements 4


Waltham Services Group Ltd

Company Information
for the Year Ended 31st December 2023







Directors: J C Hutchings
Mrs F C Hutchings





Registered office: Abacus House
14-18 Forest Road
Loughton
Essex
IG10 1DX





Registered number: 11618019 (England and Wales)





Accountants: Cooper Paul
Abacus House
14-18 Forest Road
Loughton
Essex
IG10 1DX

Waltham Services Group Ltd (Registered number: 11618019)

Abridged Statement of Financial Position
31st December 2023

2023 2022
Notes £    £   
Fixed assets
Tangible assets 4 37,157 20,947

Current assets
Stocks 20,301 36,549
Debtors 18,300 30,306
Cash at bank and in hand 153,688 81,548
192,289 148,403
Creditors
Amounts falling due within one year (78,909 ) (76,353 )
Net current assets 113,380 72,050
Total assets less current liabilities 150,537 92,997

Creditors
Amounts falling due after more than one
year

(64,019

)

(17,323

)

Provisions for liabilities (9,289 ) (5,237 )
Net assets 77,229 70,437

Capital and reserves
Called up share capital 4,000 4,000
Retained earnings 73,229 66,437
Shareholders' funds 77,229 70,437

Waltham Services Group Ltd (Registered number: 11618019)

Abridged Statement of Financial Position - continued
31st December 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 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.

All the members have consented to the preparation of an abridged Income statement and an abridged Statement of financial position for the year ended 31st December 2023 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 Board of Directors and authorised for issue on 18th September 2024 and were signed on its behalf by:





J C Hutchings - Director


Waltham Services Group Ltd (Registered number: 11618019)

Notes to the Financial Statements
for the Year Ended 31st December 2023

1. Statutory information

Waltham Services Group Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Waltham Services Group Ltd (Registered number: 11618019)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

3. Employees and directors

The average number of employees during the year was 2 (2022 - 1 ) .

4. Tangible fixed assets
Totals
£   
Cost
At 1st January 2023 25,465
Additions 25,936
At 31st December 2023 51,401
Depreciation
At 1st January 2023 4,518
Charge for year 9,726
At 31st December 2023 14,244
Net book value
At 31st December 2023 37,157
At 31st December 2022 20,947

5. Other financial commitments

The company has joint responsibility in respect of a loan granted to Waltham Services Property LTD, the total loan outstanding as at 31st December 2023 was £132,000.

6. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31st December 2023 and 31st December 2022:

2023 2022
£    £   
J C Hutchings
Balance outstanding at start of year 23,529 23,335
Amounts advanced 21,135 79,223
Amounts repaid (96,015 ) (79,029 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (51,351 ) 23,529