REGISTERED NUMBER: 12089342 (England and Wales)

WALKWAGPLAY LTD

Report of the Directors and

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

A Longhi

B McManus

E Nackers

REGISTERED OFFICE:

35 West Street

Pontypridd

CF37 4PS

REGISTERED NUMBER:

12089342 (England and Wales)

ACCOUNTANTS:

Xeinadin South Wales & West Limited

Accountants & Business Advisors

Suite 1

Brecon House

Llantarnam Park

Cwmbran

NP44 3AB

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

A Longhi

B McManus

E Nackers

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

A Longhi - Director

21 November 2025

TURNOVER

57,864

66,242

Cost of sales

1,458

2,479

GROSS PROFIT

56,406

63,763

Administrative expenses

50,791

55,029

OPERATING PROFIT

4

5,615

8,734

Interest receivable and similar income

45

19

PROFIT BEFORE TAXATION

5,660

8,753

Tax on profit

1,969

2,929

PROFIT FOR THE FINANCIAL YEAR

3,691

5,824

FIXED ASSETS

Intangible assets

5

-

4,500

CURRENT ASSETS

Debtors

6

5,298

39

Cash at bank

4,615

4,742

9,913

4,781

CREDITORS

Amounts falling due within one year

7

9,391

8,850

NET CURRENT ASSETS/(LIABILITIES)

522

(4,069

)

TOTAL ASSETS LESS CURRENT LIABILITIES

522

431

CAPITAL AND RESERVES

Called up share capital

160

160

Retained earnings

362

271

SHAREHOLDERS' FUNDS

522

431

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 in accordance with the provisions applicable to companies subject to the small companies regime.

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

A Longhi - Director

1.	STATUTORY INFORMATION

WalkWagPlay 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.

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

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - NIL ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.25

31.3.24

£

£

Goodwill amortisation

4,500

6,000

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

30,000

AMORTISATION

At 1 April 2024

25,500

Charge for year

4,500

At 31 March 2025

30,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

4,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

5,298

39

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Payments on account

34

256

Trade creditors

112

1

Taxation and social security

1,969

2,929

Other creditors

7,276

5,664

9,391

8,850