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COMPANY REGISTRATION NUMBER: 15460908
C Wallace & Co Limited
Filleted Unaudited Abridged Financial Statements
31 March 2025
C Wallace & Co Limited
Abridged Statement of Financial Position
31 March 2025
31 Mar 25
Note
£
Current assets
Debtors
2,217
Cash at bank and in hand
9,545
--------
11,762
Creditors: amounts falling due within one year
11,020
--------
Net current assets
742
----
Total assets less current liabilities
742
----
Net assets
742
----
Capital and reserves
Called up share capital
100
Profit and loss account
642
----
Shareholder funds
742
----
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
For the period 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 member has not required the company to obtain an audit of its abridged financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the period ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.
C Wallace & Co Limited
Abridged Statement of Financial Position (continued)
31 March 2025
These abridged financial statements were approved by the board of directors and authorised for issue on 29 October 2025 , and are signed on behalf of the board by:
Mr C J Wallace
Director
Company registration number: 15460908
C Wallace & Co Limited
Notes to the Abridged Financial Statements
Period from 2 February 2024 to 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 92B King Street, Knutsford, Cheshire, WA16 6ED, England.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
Revenue recognition
Turnover represents invoiced fees receivable for consultancy services rendered and excludes Value Added Tax. Turnover is recognised on a strict time basis when the unconditional right to consideration for work done has been earned. Fees are generallyy invoiced on a monthly basis.
Taxation
The taxation expense represents the current tax that is recognised on taxable profit for the current and past periods and is measured at the amounts of tax expected to be payable or recoverable using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 1 .
5. Director's advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:
31 Mar 25
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mr C J Wallace
2,217
2,217
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