Registered number: 05887781 | ||||||||
FOR THE YEAR ENDED 31 JULY 2024 | ||||||||
Prepared By: | ||||||||
Nicholas Ridge CTA | ||||||||
Oakleaf | ||||||||
Ludwells Lane | ||||||||
Waltham Chase | ||||||||
Hampshire | ||||||||
SO32 2NP |
Walter May Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 JULY 2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 05887781 | ||||||||
ACCOUNTANTS | ||||||||
Nicholas Ridge CTA | ||||||||
Oakleaf | ||||||||
Ludwells Lane | ||||||||
Waltham Chase | ||||||||
Hampshire | ||||||||
SO32 2NP |
Walter May Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 JULY 2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Walter May Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
73,385 | 66,983 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 9,812 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 24,302 | 22,399 | |||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | (7,666) | (11,646) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Walter May Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 JULY 2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Equipment | 25% |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
3. TANGIBLE FIXED ASSETS | ||||
Equipment | Total | |||
£ | £ | |||
Cost | ||||
At 1 August 2023 | 31,256 | 31,256 | ||
At 31 July 2024 | 31,256 | 31,256 | ||
Depreciation | ||||
At 1 August 2023 | 29,262 | 29,262 | ||
At 31 July 2024 | 29,262 | 29,262 | ||
Net Book Amounts | ||||
At 31 July 2024 | 1,994 | |||
At 31 July 2023 | 1,994 | |||
Walter May Ltd | ||||||||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 51,360 | 1,194 | ||||||
UK corporation tax | - | 3,205 | ||||||
Other debtors | - | 20,043 | ||||||
Accrued income | 21,066 | 39,992 | ||||||
Directors current account | 635 | - | ||||||
73,061 | 64,434 | |||||||
Trade debtors represents balances due from WMTech Partners LLP for consultancy and admin services. Accrued income £21066 (2023 - £39992) represents the company's undrawn profit share from WMTech Partners LLP. | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 1 | - | ||||||
VAT | 17,598 | 10,904 | ||||||
Directors current account | - | 3,865 | ||||||
Loans | 37,591 | 39,902 | ||||||
Accruals | 2,500 | 2,500 | ||||||
57,690 | 57,171 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Loans >1yr | 24,302 | 22,399 | ||||||
24,302 | 22,399 | |||||||
7. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
1000 | 1000 | |||||||
53 | 53 | |||||||
1,053 | 1,053 | |||||||
Walter May Ltd | ||||||||
8. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||