WALSH AND ASSOCIATES GROUP LTD


Directors	WALSH, Amy Lynette
	WALSH, Joel Oliver


Registered Address	Town Wall House
	Balkerne Hill
	Colchester
	CO3 3AD


Registered Number	12404306 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		36,598		43,055
			36,598		43,055
Current assets
Debtors	4	1,252,337		266,422
Cash at bank and on hand		191,723		1,076,676
		1,444,060		1,343,098
Creditors amounts falling due within one year	5	(286,633)		(438,642)
Net current assets (liabilities)			1,157,427		904,456
Total assets less current liabilities			1,194,025		947,511
Creditors amounts falling due after one year	6		(3,444)		(3,444)
Provisions for liabilities	7		(9,150)		(1,167)
Net assets			1,181,431		942,900
Capital and reserves
Called up share capital			100		100
Profit and loss account			1,181,331		942,800
Shareholders' funds			1,181,431		942,900

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 30 December 2025, and are signed on its behalf by:

WALSH, Joel Oliver
Director
Registered Company No. 12404306

WALSH AND ASSOCIATES GROUP LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Land and buildings	10
	Plant and machinery	25

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	42,650	630	13,095	56,375
At 31 March 25	42,650	630	13,095	56,375
Depreciation and impairment
At 01 April 24	4,265	52	9,003	13,320
Charge for year	4,265	158	2,034	6,457
At 31 March 25	8,530	210	11,037	19,777
Net book value
At 31 March 25	34,120	420	2,058	36,598
At 31 March 24	38,385	578	4,092	43,055

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	308,196	251,835
Amounts owed by group undertakings	929,354	-
Other debtors	3,285	820
Prepayments and accrued income	11,502	13,767
Total	1,252,337	266,422

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	58,014	44,748
Bank borrowings and overdrafts	1,075	257
Taxation and social security	215,501	239,798
Other creditors	6,688	-
Accrued liabilities and deferred income	5,355	153,839
Total	286,633	438,642

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Amounts owed to related parties	3,444	3,444
Total	3,444	3,444

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	9,150	1,167
Total	9,150	1,167