REGISTERED NUMBER: 07934747 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Walldec Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTOR:

L Cohen

REGISTERED OFFICE:

106 Clays Road

Walton on the Naze

Essex

CO14 8UB

REGISTERED NUMBER:

07934747 (England and Wales)

ACCOUNTANTS:

Clacton Business Services Ltd

Chartered Accountants

Hurlingham Chambers

61 Station Road

Clacton on Sea

Essex

CO15 1SD

FIXED ASSETS

Tangible assets

4

30,685

11,109

CURRENT ASSETS

Debtors

5

1,431

-

Cash at bank

94,910

72,170

96,341

72,170

CREDITORS

Amounts falling due within one year

6

29,384

25,317

NET CURRENT ASSETS

66,957

46,853

TOTAL ASSETS LESS CURRENT LIABILITIES

97,642

57,962

CREDITORS

Amounts falling due after more than one year

7

(33,081

)

(21,773

)

PROVISIONS FOR LIABILITIES

(7,671

)

-

NET ASSETS

56,890

36,189

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

56,889

36,188

SHAREHOLDERS' FUNDS

56,890

36,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 September 2025 and were signed by:

L Cohen - Director

1.	STATUTORY INFORMATION

Walldec Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2024

27,260

Additions

40,585

Disposals

(26,550

)

At 28 February 2025

41,295

DEPRECIATION

At 1 March 2024

16,151

Charge for year

10,146

Eliminated on disposal

(15,687

)

At 28 February 2025

10,610

NET BOOK VALUE

At 28 February 2025

30,685

At 29 February 2024

11,109

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/25

29/2/24

£

£

Other debtors

1,431

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/25

29/2/24

£

£

Bank loans and overdrafts

3,480

3,480

Hire purchase contracts

3,663

3,407

Trade creditors

3,579

4,152

Taxation and social security

10,293

9,963

Other creditors

8,369

4,315

29,384

25,317

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28/2/25

29/2/24

£

£

Bank loans

2,670

6,150

Hire purchase contracts

30,411

15,623

33,081

21,773

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Walldec Ltd for the year ended 28 February 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Walldec Ltd in accordance with the terms of our engagement letter dated 20 July 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Walldec Ltd and state those matters that we have agreed to state to the director of Walldec Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Walldec Ltd and its director for our work or for this report.

It is your duty to ensure that Walldec Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Walldec Ltd. You consider that Walldec Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Walldec Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Clacton Business Services Ltd

Chartered Accountants

Hurlingham Chambers

61 Station Road

Clacton on Sea

Essex

CO15 1SD

7 September 2025