Company Registration No. 04502168 (England and Wales)
WALLTASTIC LTD
Unaudited accounts
for the year ended 31 March 2025
WALLTASTIC LTD
Unaudited accounts
Contents
WALLTASTIC LTD
Company Information
for the year ended 31 March 2025
Company Number
04502168 (England and Wales)
Registered Office
246 Godstone Road
Whyteleafe
Surrey
CR3 0EF
WALLTASTIC LTD
Statement of financial position
as at 31 March 2025
Tangible assets
1,050
1,317
Cash at bank and in hand
8,298
6,579
Creditors: amounts falling due within one year
(43,704)
(51,106)
Net current liabilities
(24,305)
(34,995)
Total assets less current liabilities
(23,255)
(33,678)
Creditors: amounts falling due after more than one year
(13,918)
(4,918)
Net liabilities
(37,173)
(38,596)
Called up share capital
100
100
Profit and loss account
(37,273)
(38,696)
Shareholders' funds
(37,173)
(38,596)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 November 2025 and were signed on its behalf by
Julian Evans
Director
Company Registration No. 04502168
WALLTASTIC LTD
Notes to the Accounts
for the year ended 31 March 2025
WALLTASTIC LTD is a private company, limited by shares, registered in England and Wales, registration number 04502168. The registered office is 246 Godstone Road, Whyteleafe, Surrey, CR3 0EF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The financial statements have been prepared on a going concern basis.The companies on going activities are dependent upon the continued support of the directors who has undertaken to provide such support for the forseeable future.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25 % on Reducing balance
Fixtures & fittings
25 % on Reducing balance
Computer equipment
25 % on Reducing balance
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
WALLTASTIC LTD
Notes to the Accounts
for the year ended 31 March 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
5,234
6,712
6,264
18,210
At 31 March 2025
5,254
6,712
6,264
18,230
At 1 April 2024
4,647
6,484
5,762
16,893
Charge for the year
103
57
127
287
At 31 March 2025
4,750
6,541
5,889
17,180
At 31 March 2025
504
171
375
1,050
At 31 March 2024
587
228
502
1,317
Amounts falling due within one year
Trade debtors
(13,189)
(14,386)
Accrued income and prepayments
(49)
-
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
18,015
28,257
Taxes and social security
7,505
4,016
Other creditors
15,809
16,487
Loans from directors
2,062
2,033
7
Creditors: amounts falling due after more than one year
2025
2024
WALLTASTIC LTD
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
Julian Evans is the sole director and a shareholder who owns 100% shareholding in the company.
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).