Company Registration No. 10897608 (England and Wales)
M Walia Ltd
Unaudited accounts
for the year ended 31 August 2025
M Walia Ltd
Unaudited accounts
Contents
M Walia Ltd
Company Information
for the year ended 31 August 2025
Company Number
10897608 (England and Wales)
Registered Office
4 Allesley Grove
Allesley
Coventry
West Midlands
CV5 9RR
England
M Walia Ltd
Statement of financial position
as at 31 August 2025
Tangible assets
54,746
39,492
Inventories
201,500
250,900
Cash at bank and in hand
944,340
163,713
Creditors: amounts falling due within one year
(587,805)
(394,872)
Net current assets
658,291
67,908
Total assets less current liabilities
713,037
107,400
Creditors: amounts falling due after more than one year
(15,400)
(27,720)
Called up share capital
2
2
Profit and loss account
697,635
79,678
Shareholders' funds
697,637
79,680
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 21 May 2026 and were signed on its behalf by
Mandip Singh
Director
Company Registration No. 10897608
M Walia Ltd
Notes to the Accounts
for the year ended 31 August 2025
M Walia Ltd is a private company, limited by shares, registered in England and Wales, registration number 10897608. The registered office is 4 Allesley Grove, Allesley, Coventry, West Midlands, CV5 9RR, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
18% straight line
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2024
29,989
25,779
55,768
At 31 August 2025
29,989
55,319
85,308
At 1 September 2024
5,398
10,878
16,276
Charge for the year
5,398
8,888
14,286
At 31 August 2025
10,796
19,766
30,562
At 31 August 2025
19,193
35,553
54,746
At 31 August 2024
24,591
14,901
39,492
M Walia Ltd
Notes to the Accounts
for the year ended 31 August 2025
Amounts falling due after more than one year
Trade debtors
56,025
48,167
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
28,326
34,076
Taxes and social security
233,930
53,292
Loans from directors
5,029
-
7
Creditors: amounts falling due after more than one year
2025
2024
Amounts owed to group undertakings and other participating interests
15,400
27,720
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).