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Company Registration No. 14293417 (England and Wales)
Wallace Entertainment Ltd Unaudited accounts for the year ended 31 August 2025
Wallace Entertainment Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Wallace Entertainment Ltd Company Information for the year ended 31 August 2025
Director
Oluwafemi Anthony GBADEBO
Company Number
14293417 (England and Wales)
Registered Office
82 Kenninghall View Sheffield S2 3WX England
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Wallace Entertainment Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Current assets
Debtors
4
3,097
919
Cash at bank and in hand
-
478
3,097
1,397
Creditors: amounts falling due within one year
5
(1,310)
(631)
Net current assets
1,787
766
Net assets
1,787
766
Capital and reserves
Called up share capital
1
1
Profit and loss account
1,786
765
Shareholders' funds
1,787
766
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 23 May 2026 and were signed on its behalf by
Oluwafemi Anthony GBADEBO Director Company Registration No. 14293417
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Wallace Entertainment Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Wallace Entertainment Ltd is a private company, limited by shares, registered in England and Wales, registration number 14293417. The registered office is 82 Kenninghall View, Sheffield, S2 3WX, England.
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.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
3,097
919
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
394
-
Taxes and social security
366
82
Accruals
550
549
1,310
631
6
Average number of employees
During the year the average number of employees was 2 (2024: 1).
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