T. Walsh Investments Limited 00620132 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is that of property management Digita Accounts Production Advanced 6.30.9574.0 true 00620132 2024-04-01 2025-03-31 00620132 2025-03-31 00620132 core:RetainedEarningsAccumulatedLosses 2025-03-31 00620132 core:ShareCapital 2025-03-31 00620132 core:CurrentFinancialInstruments 2025-03-31 00620132 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 00620132 bus:SmallEntities 2024-04-01 2025-03-31 00620132 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 00620132 bus:FilletedAccounts 2024-04-01 2025-03-31 00620132 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 00620132 bus:RegisteredOffice 2024-04-01 2025-03-31 00620132 bus:CompanySecretaryDirector1 2024-04-01 2025-03-31 00620132 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 00620132 core:OtherRelatedParties 2024-04-01 2025-03-31 00620132 countries:England 2024-04-01 2025-03-31 00620132 2023-04-01 2024-03-31 00620132 2024-03-31 00620132 core:RetainedEarningsAccumulatedLosses 2024-03-31 00620132 core:ShareCapital 2024-03-31 00620132 core:CurrentFinancialInstruments 2024-03-31 00620132 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 00620132

T. Walsh Investments Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

T. Walsh Investments Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

T. Walsh Investments Limited

(Registration number: 00620132)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Current assets

 

Debtors

4

1,076

4,265

Cash at bank and in hand

 

293

366

 

1,369

4,631

Creditors: Amounts falling due within one year

(821)

(1,075)

Net assets

 

548

3,556

Capital and reserves

 

Called up share capital

5,000

5,000

Retained earnings

(4,452)

(1,444)

Shareholders' funds

 

548

3,556

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small comapnies regime and the option not to file the Profit and Loss Account has been taken.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 3 July 2025
 


LA Cornell-Walsh
Company secretary and director

 

T. Walsh Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Walsh Place
Manor Park
Chislehurst
Kent
BR7 5QE

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Basis of preparation

These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including section 1A of Financial Reporting Standard 102 - 'The Financial Reporting standard applicable in the United Kingdom and Republic of Ireland'
FRS 102 1A, and with the Companies Act 2006.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

 

T. Walsh Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Financial assets are classified as financial assets at fair value through profit or loss, loans and debtors, held-to-maturity investments, available-for-sale financial assets, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The company determines the classification of its financial assets at initial recognition.

Financial liabilities are classified as financial liabilities at fair value through profit and loss, loans and borrowings, trade and other creditors, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The company determines the classification of its financial liabilities at initial recognition.

 Recognition and measurement
All financial instruments are recognised initially at fair value plus transaction costs. Thereafter financial instruments are stated at amortised cost using the effective interest rate method (less impairment where appropriate) unless the effect of discounting would be immaterial in which case they are stated at cost (less impairment where appropriate). The exception to this are those financial instruments where it is a requirement to continue recording them at fair value through profit and loss.

 Impairment
Financial assets are assessed for indicators of impairment at the end of each reporting period. Financial assets are considered to be impaired when there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the investment have been affected.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade and other debtors

Trade and other debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment, except where the effect of discounting would be immaterial. In such cases debtors are stated at transaction price less impairment losses. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the transaction.

 

T. Walsh Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade and other creditors

Trade and other creditors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, except where the effect of discounting would be immaterial. In such cases creditors are stated at transaction price.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4

Debtors

Current

2025
£

2024
£

Other debtors

1,076

4,265

 

1,076

4,265

5

Related party transactions

Summary of transactions with other related parties

During the year there were repayments of £4,010 from the director. At the year end there was a balance owed to the director of £821 (2024: Amount due from director of £3,189).