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Company Registration No. 14695964 (England and Wales)
WALLACE FACILITIES SERVICES LTD Unaudited accounts for the year ended 31 January 2025
WALLACE FACILITIES SERVICES LTD Unaudited accounts Contents
Page
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WALLACE FACILITIES SERVICES LTD Company Information for the year ended 31 January 2025
Director
IAN WALLACE
Company Number
14695964 (England and Wales)
Registered Office
56 ERRINGTON ROAD PICKET PIECE ANDOVER SP11 6XG ENGLAND
Accountants
Harvest Accountants Ltd 124 City Road London EC1V 2NX
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WALLACE FACILITIES SERVICES LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
254,618 
- 
Current assets
Debtors
139,263 
15,808 
Cash at bank and in hand
3,430 
1,716 
142,693 
17,524 
Creditors: amounts falling due within one year
(241,081)
(16,457)
Net current (liabilities)/assets
(98,388)
1,067 
Total assets less current liabilities
156,230 
1,067 
Creditors: amounts falling due after more than one year
(137,677)
- 
Net assets
18,553 
1,067 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
18,552 
1,066 
Shareholders' funds
18,553 
1,067 
For the year ending 31 January 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 April 2025 and were signed on its behalf by
IAN WALLACE Director Company Registration No. 14695964
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WALLACE FACILITIES SERVICES LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
WALLACE FACILITIES SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 14695964. The registered office is 56 ERRINGTON ROAD, PICKET PIECE, ANDOVER, SP11 6XG, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
4 years
Motor vehicles
4 years
Fixtures & fittings
4 years
Computer equipment
4 years
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2024
- 
- 
- 
- 
- 
Additions
74,591 
220,688 
1,500 
691 
297,470 
Disposals
- 
(8,000)
- 
- 
(8,000)
At 31 January 2025
74,591 
212,688 
1,500 
691 
289,470 
Depreciation
Charge for the year
4,379 
30,396 
63 
14 
34,852 
At 31 January 2025
4,379 
30,396 
63 
14 
34,852 
Net book value
At 31 January 2025
70,212 
182,292 
1,437 
677 
254,618 
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WALLACE FACILITIES SERVICES LTD Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
129,385 
5,208 
Accrued income and prepayments
3,000 
10,600 
Other debtors
6,878 
- 
139,263 
15,808 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
14,725 
365 
Obligations under finance leases and hire purchase contracts
97,521 
- 
Trade creditors
99,403 
933 
Taxes and social security
4,601 
322 
Other creditors
5,042 
- 
Loans from directors
19,789 
14,222 
Accruals
- 
615 
241,081 
16,457 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
137,677 
- 
8
Average number of employees
During the year the average number of employees was 3 (2024: 1).
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