Walnut Technology Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05754980 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Walnut Technology Management Limited

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

Notes to the financial statements

4

to

6

Directors:

C Smalley

N A Wykes

Registered office:

Eventus Sunderland Road

Northfields Industrial Estate

Market Deeping

Peterborough

PE6 8FD

Registered number:

05754980 (England and Wales)

Accountants:

Moore Thompson

27 Market Place

Market Deeping

Peterborough

Cambridgeshire

PE6 8EA

The following reproduces the text of the report prepared for the directors 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 Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors 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 Walnut Technology Management Limited for the year ended 31 March 2025 which comprise the Statement of income and retained earnings, Statement of financial position 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 Board of Directors of Walnut Technology Management Limited, as a body, in accordance with the terms of our engagement letter dated 11 September 2020. Our work has been undertaken solely to prepare for your approval the financial statements of Walnut Technology Management Limited and state those matters that we have agreed to state to the Board of Directors of Walnut Technology Management Limited, as a body, 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 Walnut Technology Management Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Walnut Technology Management Limited 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 loss of Walnut Technology Management Limited. You consider that Walnut Technology Management Limited 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 Walnut Technology Management Limited. 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.

Moore Thompson

27 Market Place

Market Deeping

Peterborough

Cambridgeshire

PE6 8EA

23 September 2025

Fixed assets

Tangible assets

5

63,794

76,589

Current assets

Stocks

3,455

9,901

Debtors

6

122,213

143,813

Cash at bank

171,710

292,181

297,378

445,895

Creditors

Amounts falling due within one year

7

103,201

163,606

Net current assets

194,177

282,289

Total assets less current liabilities

257,971

358,878

Capital and reserves

Called up share capital

8

1,200

Retained earnings

256,771

357,678

Shareholders' funds

257,971

358,878

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

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.

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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2025 and were signed on its behalf by:

C Smalley - Director

1.	Statutory information

Walnut Technology Management Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	Employees and directors

The average number of employees during the year was 8 (2024 - 7 ) .

5.	Tangible fixed assets

Plant and

Motor

machinery

vehicles

Totals

£

Cost

At 1 April 2024

32,565

103,559

136,124

Additions

862

17,831

18,693

Disposals

-

(23,339

)

(23,339

)

At 31 March 2025

33,427

98,051

131,478

Depreciation

At 1 April 2024

23,806

35,729

59,535

Charge for year

2,406

14,145

16,551

Eliminated on disposal

-

(8,402

)

(8,402

)

At 31 March 2025

26,212

41,472

67,684

Net book value

At 31 March 2025

7,215

56,579

63,794

At 31 March 2024

8,759

67,830

76,589

6.

Debtors: amounts falling due within one year

2025

2024

£

Trade debtors

77,612

132,134

Directors' current accounts

2,093

-

Tax

31,241

-

Deferred tax asset

5,025

2,353

Prepayments and accrued income

6,242

9,326

122,213

143,813

7.

Creditors: amounts falling due within one year

2025

2024

£

Trade creditors

14,985

13,269

Corporation tax

-

36,663

Social security and other taxes

11,445

24,767

VAT

54,094

65,588

Other creditors

8,470

8,818

Directors' current accounts

11,587

12,006

Accruals and deferred income

2,620

2,495

103,201

163,606

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

1,200

Ordinary

1

1,200

9.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

N A Wykes

Balance outstanding at start of year

(476

)

(854

)

Amounts advanced

133,396

85,436

Amounts repaid

(130,827

)

(85,058

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

2,093

(476

)

C Smalley

Balance outstanding at start of year

(11,530

)

(19,698

)

Amounts advanced

212

17,330

Amounts repaid

(269

)

(9,162

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(11,587

)

(11,530

)