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Company Registration No. 11637287 (England and Wales)
WADE DECORATORS LTD. Unaudited accounts for the year ended 31 October 2025
WADE DECORATORS LTD. Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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WADE DECORATORS LTD. Company Information for the year ended 31 October 2025
Directors
Mr M Wade Mr D A Watts
Company Number
11637287 (England and Wales)
Registered Office
Unit 27 Station Hill Thurston IP313QU United Kingdom
Accountants
ABBEYGATE ACCOUNTANCY LTD UNIT 27 STATION HILL THURSTON BURY ST. EDMUNDS ENGLAND IP31 3QU
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WADE DECORATORS LTD. Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
10,744
11,374
Current assets
Inventories
1,000
28,220
Debtors
5
226,118
305,726
Cash at bank and in hand
-
1,207
227,118
335,153
Creditors: amounts falling due within one year
6
(201,080)
(225,613)
Net current assets
26,038
109,540
Total assets less current liabilities
36,782
120,914
Creditors: amounts falling due after more than one year
7
(110,006)
(116,848)
Provisions for liabilities
Deferred tax
(2,687)
(2,844)
Net (liabilities)/assets
(75,911)
1,222
Capital and reserves
Called up share capital
100
100
Profit and loss account
(76,011)
1,122
Shareholders' funds
(75,911)
1,222
For the year ending 31 October 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 January 2026 and were signed on its behalf by
Mr M Wade Director Company Registration No. 11637287
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WADE DECORATORS LTD. Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
WADE DECORATORS LTD. is a private company, limited by shares, registered in England and Wales, registration number 11637287. The registered office is Unit 27, Station Hill, Thurston, IP313QU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Computer equipment
25% on reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
12,325
5,995
6,955
25,275
Additions
1,575
-
999
2,574
At 31 October 2025
13,900
5,995
7,954
27,849
Depreciation
At 1 November 2024
8,068
1,249
4,584
13,901
Charge for the year
1,174
1,187
843
3,204
At 31 October 2025
9,242
2,436
5,427
17,105
Net book value
At 31 October 2025
4,658
3,559
2,527
10,744
At 31 October 2024
4,257
4,746
2,371
11,374
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WADE DECORATORS LTD. Notes to the Accounts for the year ended 31 October 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
10,847
-
Trade debtors
148,605
204,028
Accrued income and prepayments
1,219
1,083
Other debtors
65,447
100,615
226,118
305,726
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
119,579
128,421
Obligations under finance leases and hire purchase contracts
400
770
Trade creditors
26,683
25,026
Taxes and social security
(27,382)
61,379
Other creditors
81,800
10,154
Loans from directors
-
(450)
Accruals
-
313
201,080
225,613
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
110,006
116,848
8
Average number of employees
During the year the average number of employees was 11 (2024: 12).
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