DAVID WALDIES LTD

Company Registration Number:
SC471385 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

DAVID WALDIES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Additional notes
Balance sheet notes

DAVID WALDIES LTD

Balance sheet

As at 31 March 2025

Notes 2025 2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 91,500 111,000
Tangible assets: 4 253,363 262,316
Investments:   0 0
Total fixed assets: 344,863 373,316
Current assets
Stocks: 5 171,556 185,501
Debtors: 6 15,376 22,923
Cash at bank and in hand: 209,377 56,088
Investments:   0 0
Total current assets: 396,309 264,512
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 167,888 ) ( 267,129 )
Net current assets (liabilities): 228,421 (2,617)
Total assets less current liabilities: 573,284 370,699
Creditors: amounts falling due after more than one year: 8 ( 301,398 ) ( 130,618 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 271,886 240,081
Capital and reserves
Called up share capital: 200 200
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 271,686 239,881
Total Shareholders' funds: 271,886 240,081

The notes form part of these financial statements

DAVID WALDIES LTD

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 31 December 2025
and signed on behalf of the board by:

Name: Muhammad Abid
Status: Director

The notes form part of these financial statements

DAVID WALDIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DAVID WALDIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 16 15

DAVID WALDIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 April 2024 195,000 0 195,000
Additions 0 0 0
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 March 2025 195,000 0 195,000
Amortisation
At 1 April 2024 84,000 0 84,000
Charge for year 19,500 0 19,500
On disposals 0 0 0
Other adjustments 0 0 0
At 31 March 2025 103,500 0 103,500
Net book value
At 31 March 2025 91,500 0 91,500
At 31 March 2024 111,000 0 111,000

DAVID WALDIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 270,000 0 80,897 489 21,025 372,411
Additions 0 0 0 0 0 0
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 March 2025 270,000 0 80,897 489 21,025 372,411
Depreciation
At 1 April 2024 23,800 0 66,425 413 19,457 110,095
Charge for year 4,924 0 3,618 19 392 8,953
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 March 2025 28,724 0 70,043 432 19,849 119,048
Net book value
At 31 March 2025 241,276 0 10,854 57 1,176 253,363
At 31 March 2024 246,200 0 14,472 76 1,568 262,316

DAVID WALDIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Stocks

2025 2024
£ £
Stocks 171,556 185,501
Payments on account 0 0
Total 171,556 185,501

DAVID WALDIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Debtors

2025 2024
£ £
Other debtors 15,376 22,923
Total 15,376 22,923
Debtors due after more than one year: 0 0

DAVID WALDIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

7. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 30,648 59,122
Trade creditors 22,497 96,089
Taxation and social security 2,503 18,510
Other creditors 112,240 93,408
Total 167,888 267,129

DAVID WALDIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

8. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Bank loans and overdrafts 60,279 129,618
Other creditors 241,119 1,000
Total 301,398 130,618