Company registration number SC592436 (Scotland)
WALLACE PRACTICE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
WALLACE PRACTICE LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
£
£
£
£
Fixed assets
14,163
16,606
Current assets
303,729
269,852
Creditors: amounts falling due within one year
(135,712)
(107,670)
Net current assets
168,017
162,182
Total assets less current liabilities
182,180
178,788
Net assets
182,180
178,788
Capital and reserves
182,180
178,788
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year wa s as follows:

2025
2024
Number
Number
Employees
5
6

Wallace Practice Limited is a private company limited by shares incorporated in Scotland. The registered office is Larachbeg, Corsee Road, Banchory, Kincardineshire, United Kingdom, AB31 5RT.

For the year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

WALLACE PRACTICE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 14 May 2026
J C Wallace
Director
Company registration number SC592436 (Scotland)
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