WALLACE CONTRACTORS LIMITED

Company Registration Number:
03326740 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

WALLACE CONTRACTORS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

WALLACE CONTRACTORS LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 47,042 61,376
Total fixed assets: 47,042 61,376
Current assets
Debtors:   51,224 213,480
Cash at bank and in hand: 452,739 175,256
Total current assets: 503,963 388,736
Creditors: amounts falling due within one year:   (146,620) (90,450)
Net current assets (liabilities): 357,343 298,286
Total assets less current liabilities: 404,385 359,662
Total net assets (liabilities): 404,385 359,662
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 404,383 359,660
Shareholders funds: 404,385 359,662

The notes form part of these financial statements

WALLACE CONTRACTORS LIMITED

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 November 2024
and signed on behalf of the board by:

Name: V Sillett
Status: Director

The notes form part of these financial statements

WALLACE CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

WALLACE CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

WALLACE CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 342,571
Additions 21,548
At 28 February 2024 364,119
Depreciation
At 01 March 2023 281,195
Charge for year 35,882
At 28 February 2024 317,077
Net book value
At 28 February 2024 47,042
At 28 February 2023 61,376