Boyd Wallis Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10494769

		31 March 2025		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		28,496

			-		28,496
CURRENT ASSETS
Debtors	5	643,278		558,725
Cash at bank and in hand		621,703		329,109

		1,264,981		887,834
Creditors: Amounts Falling Due Within One Year	6	(125,853 )		(96,924 )

NET CURRENT ASSETS (LIABILITIES)			1,139,128		790,910

TOTAL ASSETS LESS CURRENT LIABILITIES			1,139,128		819,406

NET ASSETS			1,139,128		819,406

CAPITAL AND RESERVES
Called up share capital	7		10		10
Profit and Loss Account			1,139,118		819,396

SHAREHOLDERS' FUNDS			1,139,128		819,406

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Boyd Wallis Limited

Balance Sheet (continued)

As At 31 March 2025

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.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Boyd Wallis

Director

23/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Boyd Wallis Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10494769 . The registered office is 4 Grand Cinema Buildings, Poole Road, Bournemouth, BH4 9DW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles

25% reducing balance

2.4. Taxation

Income tax expense represents the sum of the tax currently payable without providing for deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2 (2023: 2)

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Boyd Wallis Limited

Notes to the Financial Statements (continued)

For the Period 1 January 2024 to 31 March 2025

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 1 January 2024	37,995
Disposals	(37,995 )

As at 31 March 2025	-

Depreciation
As at 1 January 2024	9,499
Disposals	(9,499 )

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	-

As at 1 January 2024	28,496

5. Debtors

	31 March 2025	31 December 2023
	£	£
Due within one year
Trade debtors	-	59,696
Other debtors	626,848	458,619
Net wages	-	142
Director's loan account	16,430	40,268

	643,278	558,725

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 December 2023
	£	£
Corporation tax	124,520	93,748
Other taxes and social security	97	-
Other creditors	-	2,000
Accruals and deferred income	1,236	1,176

	125,853	96,924

7. Share Capital

	31 March 2025	31 December 2023
	£	£
Allotted, Called up and fully paid	10	10

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Boyd Wallis Limited

Notes to the Financial Statements (continued)

For the Period 1 January 2024 to 31 March 2025

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr James Boyd Wallis	40,268	37,962	61,800	-	16,430

The above loan is unsecured, interest free and repayable on demand.

9. Dividends

	31 March 2025	31 December 2023
	£	£
On equity shares:
Final dividend paid	65,000	100,000

	2025	2023
	£	£
Dividend on ordinary shares paid per share	65,000	100,000


Total dividend payment	65,000	100,000

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