Registration number: 06951633

Devon Wallcare Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Devon Wallcare Limited

Company Information

Director

Mr L A Wilson

Registered office

28 Alexandra Terrace Exmouth Devon EX8 1BD

Bankers

HSBC  250 High Street Exeter Devon  EX4 3PZ

Accountants

Thompson Jenner LLP Chartered Accountants 28 Alexandra Terrace Exmouth Devon EX8 1BD

Devon Wallcare Limited

(Registration number: 06951633)
Balance Sheet as at 31 January 2025

	Note	2025 £	2023 £
Fixed assets
Tangible assets	4	-	20,623
Current assets
Debtors	5	537	10,065
Cash at bank and in hand		-	30,891
		537	40,956
Creditors: Amounts falling due within one year	6	(2,164)	(36,715)
Net current (liabilities)/assets		(1,627)	4,241
Total assets less current liabilities		(1,627)	24,864
Creditors: Amounts falling due after more than one year	6	-	(10,307)
Net (liabilities)/assets		(1,627)	14,557
Capital and reserves
Called up share capital		100	100
Retained earnings		(1,727)	14,457
Shareholders' (deficit)/funds		(1,627)	14,557

For the financial period ending 31 January 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 period in question in accordance with section 476; and
•	The director acknowledges his 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 October 2025
 

......................................... Mr L A Wilson Director

Devon Wallcare Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2023 to 31 January 2025

1	General information

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

The address of its registered office is:
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD
England

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

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.

Going concern

At the balance sheet date the company has ceased to trade. Therefore the accounts have been prepared on a break-up basis.

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.

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Devon Wallcare Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2023 to 31 January 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	15% straight line
Motor vehicles	20% straight line
Plant and machinery	15% straight line

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 debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. 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 receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Devon Wallcare Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2023 to 31 January 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 3 (2023 - 4).

4	Tangible assets

	Office equipment  £	Motor vehicles  £	Plant & machinery  £	Total £
Cost or valuation
At 1 August 2023	2,955	25,780	12,005	40,740
Disposals	(2,955)	(25,780)	(12,005)	(40,740)
At 31 January 2025	-	-	-	-
Depreciation
At 1 August 2023	2,303	6,716	11,098	20,117
Charge for the year	209	7,734	280	8,223
Eliminated on disposal	(2,512)	(14,450)	(11,378)	(28,340)
At 31 January 2025	-	-	-	-
Carrying amount
At 31 January 2025	-	-	-	-
At 31 July 2023	652	19,064	907	20,623

Devon Wallcare Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2023 to 31 January 2025

5

Debtors

	2025 £	2023 £
Trade debtors	-	2,633
Other debtors	537	6,361
Prepayments and accrued income	-	1,071
Total current trade and other debtors	537	10,065

6

Creditors

	Note	2025 £	2023 £
Due within one year
Loans and borrowings	7	-	5,012
Trade creditors		-	4,907
Taxation and social security		-	8,404
Other creditors		2,164	14,595
Accrued expenses		-	3,797
		2,164	36,715

	Note	2025 £	2023 £
Due after one year
Loans and borrowings	7	-	10,307

7	Loans and borrowings

Current loans and borrowings

	2025 £	2023 £
Bank borrowings	-	5,012

Non-current loans and borrowings

	2025 £	2023 £
Bank borrowings	-	10,307