REGISTERED NUMBER: 09459729 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Walpole Construction Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

11,637

12,254

CURRENT ASSETS

Debtors

5

8,190

19,000

Cash at bank

100,751

93,278

108,941

112,278

CREDITORS

Amounts falling due within one year

6

80,701

61,692

NET CURRENT ASSETS

28,240

50,586

TOTAL ASSETS LESS CURRENT LIABILITIES

39,877

62,840

CREDITORS

Amounts falling due after more than one year

7

-

7,500

NET ASSETS

39,877

55,340

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

39,875

55,338

SHAREHOLDERS' FUNDS

39,877

55,340

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 1 May 2026 and were signed on its behalf by:

N Walpole - Director

1.	STATUTORY INFORMATION

Walpole Construction Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09459729

Registered office:

Little Quakers

Colliers End

Ware

Hertfordshire

SG11 1ER

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 March 2025

8,500

37,496

5,857

51,853

Additions

-

-

3,265

3,265

At 28 February 2026

8,500

37,496

9,122

55,118

DEPRECIATION

At 1 March 2025

8,145

26,462

4,992

39,599

Charge for year

89

2,758

1,035

3,882

At 28 February 2026

8,234

29,220

6,027

43,481

NET BOOK VALUE

At 28 February 2026

266

8,276

3,095

11,637

At 28 February 2025

355

11,034

865

12,254

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

8,190

19,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts (see note 8)

7,500

10,000

Trade creditors

50,934

5,771

Tax

16,586

27,306

Social security and other taxes

1,456

-

VAT

25

6,031

Directors' current accounts

1,800

10,234

Accrued expenses

2,400

2,350

80,701

61,692

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans (see note 8)

-

7,500

8.

LOANS

An analysis of the maturity of loans is given below:

28.2.26

28.2.25

£

£

Amounts falling due within one year or on demand:

Bank loans

7,500

10,000

28.2.26

28.2.25

£

£

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

7,500

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

£

2

Ordinary

£1

2

2

10.

RESERVES

Retained

earnings

£

At 1 March 2025

55,338

Profit for the year

59,537

Dividends

(75,000

)

At 28 February 2026

39,875

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £75,000 (2025 - £24,000) were paid to the directors .

12.	ULTIMATE CONTROLLING PARTY

No one party has ultimate control.