| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 1 September 2023 to 31 December 2024 |
| for |
| Guy Walmsley Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 1 September 2023 to 31 December 2024 |
| for |
| Guy Walmsley Limited |
| Guy Walmsley Limited (Registered number: 08115493) |
| Contents of the Financial Statements |
| for the Period 1 September 2023 to 31 December 2024 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| Guy Walmsley Limited |
| Company Information |
| for the Period 1 September 2023 to 31 December 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| Guy Walmsley Limited (Registered number: 08115493) |
| Statement of Financial Position |
| 31 December 2024 |
| 31.12.24 | 31.8.23 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Prepayments and accrued income |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| 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. |
| Guy Walmsley Limited (Registered number: 08115493) |
| Statement of Financial Position - continued |
| 31 December 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Guy Walmsley Limited (Registered number: 08115493) |
| Notes to the Financial Statements |
| for the Period 1 September 2023 to 31 December 2024 |
| 1. | STATUTORY INFORMATION |
| Guy Walmsley Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Changes in accounting policies |
| During the year, the company changed its accounting period from 31 August to 31 December. This change was made to align with the parent company. As a result, the financial statements cover a period of 16 months, from 1st September 2023 to 31 December 2024. |
| Goodwill |
| Management has determined this period as a reasonable estimate of the period over which the benefits of the goodwill are expected to be realised. |
| Client account |
| The company maintains a separate client account in which it holds funds on behalf of clients. These funds are not included in the company’s own assets. The balance held in the client account on behalf of clients as of 31 December 2024 was £3,408. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| Guy Walmsley Limited (Registered number: 08115493) |
| Notes to the Financial Statements - continued |
| for the Period 1 September 2023 to 31 December 2024 |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 September 2023 |
| and 31 December 2024 |
| AMORTISATION |
| At 1 September 2023 |
| Charge for period |
| At 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 31 August 2023 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Computer |
| machinery | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 September 2023 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 31 December 2024 |
| DEPRECIATION |
| At 1 September 2023 |
| Charge for period |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 31 August 2023 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.24 | 31.8.23 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Guy Walmsley Limited (Registered number: 08115493) |
| Notes to the Financial Statements - continued |
| for the Period 1 September 2023 to 31 December 2024 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.24 | 31.8.23 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.12.24 | 31.8.23 |
| £ | £ |
| Bank loans |
| 9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| As of 31 December 2024 the company owed £88,522 to the directors (£54,373 : 2023). |
| No formal repayment terms have been agreed. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The parent company of Guy Walmsley Limited is Summit Accountants Limited. |
| The registered office of Summit Accountants Limited is M.01 Tomorrow, Blue, Mediacityuk, England, M50 2AB. |