REGISTERED NUMBER: 04426576

Unaudited Financial Statements for the Year Ended 30 April 2025

for

R. Walsh Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mrs Z C Walsh

Mr R J Walsh

SECRETARY:

Mrs Z C Walsh

REGISTERED OFFICE:

3 Clover House

Boston Road

Sleaford

Lincolnshire

NG34 7HD

REGISTERED NUMBER:

04426576

ACCOUNTANTS:

D Hubbard Accountancy Limited

3 Clover House

Boston Road

Sleaford

Lincolnshire

NG34 7HD

FIXED ASSETS

Tangible assets

4

54,109

43,324

CURRENT ASSETS

Stocks

260,000

102,311

Debtors

5

8,009

58,529

Cash at bank

185,574

441,855

453,583

602,695

CREDITORS

Amounts falling due within one year

6

23,606

74,573

NET CURRENT ASSETS

429,977

528,122

TOTAL ASSETS LESS CURRENT LIABILITIES

484,086

571,446

PROVISIONS FOR LIABILITIES

10,281

10,831

NET ASSETS

473,805

560,615

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

473,705

560,515

SHAREHOLDERS' FUNDS

473,805

560,615

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 January 2026 and were signed on its behalf by:

Mr R J Walsh - Director

1.	STATUTORY INFORMATION

R. Walsh Developments Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

63,255

Additions

24,860

Disposals

(12,000

)

At 30 April 2025

76,115

DEPRECIATION

At 1 May 2024

19,931

Charge for year

9,549

Eliminated on disposal

(7,474

)

At 30 April 2025

22,006

NET BOOK VALUE

At 30 April 2025

54,109

At 30 April 2024

43,324

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Other debtors

-

1,616

Directors' current accounts

-

55,217

VAT

6,863

-

Prepayments

1,146

1,696

8,009

58,529

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

19,935

12,776

Tax

224

52,772

Social security and other taxes

1,687

1,270

VAT

-

5,205

Directors' current accounts

265

91

Accrued expenses

1,495

2,459

23,606

74,573

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

100

Ordinary

1

100

100

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £99,183 (2024 - £84,000) were paid to the directors .

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr R J Walsh.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2025 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

D Hubbard Accountancy Limited

3 Clover House

Boston Road

Sleaford

Lincolnshire

NG34 7HD

19 January 2026