| Registered Number:04906396 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
D T Waller Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
D T Waller Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
642,553
601,707
642,553
601,707
32,048
56,683
2
| Trade and other receivables |
61,197
78,074
3
3,549
| Cash and cash equivalents |
4,657
139,414
96,794
| Trade and other payables: amounts falling due within one |
| year |
(310,690)
(312,541)
4
(213,896)
(173,127)
Net current liabilities
| Total assets less current liabilities |
469,426
387,811
| Trade and other payables: amounts falling due after more |
| than one year |
(476,569)
(550,793)
5
(81,367)
Net liabilities
(88,758)
100
100
(81,467)
(88,858)
(81,367)
(88,758)
Shareholders' funds
| For the year ended 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 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 proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 22 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
D T Waller Limited
Notes to the Financial Statements
Statutory Information
| D T Waller Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 04906396. |
88 The Homend
Ledbury
Herefordshire
HR8 1BX
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
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. |
Hire purchase and leasing commitments
| Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding. |
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For the year ended 31 March 2025
D T Waller Limited
Notes to the Financial Statements Continued
2024
2025
56,683
32,048
Stock is valued at the lower of cost and net realisable value.
| 3. Trade and other receivables |
2024
2025
63,888
41,860
14,186
19,337
61,197
78,074
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
77,351
77,233
203,939
208,562
| Taxation and social security |
8,598
7,998
22,653
16,897
312,541
310,690
| 5. Trade and other payables: amounts falling due after more than one year |
2024
2025
550,793
476,569
| Business Term Loan (Secured) £ 264,978 ( 2024 £267,722) Bounce Back Loan £ 12,203 ( 2024 £23,542) Other Loans of £85,000, £40,000 and £152,391 were on the balance sheet at 31.03.2025. . These loans have no fixed repayment date and no fixed interest payable. |
| 6. Directors advances and guarantees |
| The Company's ability to remain a going concern is dependent on the continued support of the unsecured loan |
| providers. The Directors are confident this support will continue. |
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For the year ended 31 March 2025
D T Waller Limited
Notes to the Financial Statements Continued
| 7. Average number of persons employed |
During the year the average number of employees was 15 (2024 : 15)
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