Registered number
08813476
M R H Walmsley Limited
Filleted Accounts
31 December 2023
M R H Walmsley Limited
Registered number: 08813476
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1,435 997
Current assets
Debtors 4 8,932 471
Cash at bank and in hand 16,002 18,606
24,934 19,077
Creditors: amounts falling due within one year 5 (16,002) (14,097)
Net current assets 8,932 4,980
Total assets less current liabilities 10,367 5,977
Creditors: amounts falling due after more than one year 6 (502) -
Provisions for liabilities (272) (189)
Net assets 9,593 5,788
Capital and reserves
Called up share capital 100 100
Profit and loss account 9,493 5,688
Shareholder's funds 9,593 5,788
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M R H Walmsley
Director
Approved by the board on 25 September 2024
M R H Walmsley Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Summary of significant accounting policies
Basis of preparation
The accounts have been prepared in accordance with Financial Reporting Standard 102 (FRS 102) and the Companies Act 2006 (as applicable to companies subject to the small company regime).

The significant accounting policies applied in the preparation of these statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Furniture & equipment 20 % straight line
Motor vehicles 25 % straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.
Employee benefits
When employees have rendered service to the company, short term employees benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Furniture & equipment Motor vehicles Total
£ £ £
Cost
At 1 January 2023 8,006 5,800 13,806
Additions 1,062 - 1,062
Disposals (779) - (779)
At 31 December 2023 8,289 5,800 14,089
Depreciation
At 1 January 2023 7,010 5,799 12,809
Charge for the year 338 - 338
On disposals (493) - (493)
At 31 December 2023 6,855 5,799 12,654
Net book value
At 31 December 2023 1,434 1 1,435
At 31 December 2022 996 1 997
4 Debtors 2023 2022
£ £
Trade debtors 8,802 -
Other debtors 130 471
8,932 471
5 Creditors: amounts falling due within one year 2023 2022
£ £
Obligations under finance lease and hire purchase contracts 354 -
Trade creditors 397 1,405
Taxation and social security costs 8,092 6,221
Other creditors 7,159 6,471
16,002 14,097
6 Creditors: amounts falling due after one year 2023 2022
£ £
Obligations under finance lease and hire purchase contracts 502 -
The hire purchase contracts are secured on the assets concerned.
7 Share Capital Nominal Number 2023 2022
value 2023 £ £
Allotted, called up and fully paid
Ordinary shares £1 each 100 100 100
8 Related party transactions
During the year various amounts were loaned by the director. The loan is interest free and repayable on demand. At the year end the loan in creditors is £5,769 (2022 - £5,109).
9 Other information
M R H Walmsley Limited is a private company limited by shares and incorporated in England. Its registered office is:
The History Room at Farnham Pottery
Pottery Lane
Wrecclesham, Farnham
Surrey
GU10 4QJ
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