REGISTERED NUMBER: 01270092 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

J. De Walleg Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr J N Whaley

Mrs A Whaley

Ms M A Whaley

SECRETARY:

Mrs A Whaley

REGISTERED OFFICE:

Unit 1 Anglo Business Park

Smeaton Close

Aylesbury

HP19 8UP

REGISTERED NUMBER:

01270092 (England and Wales)

ACCOUNTANTS:

Cooper Dawn Jerrom Limited

Chartered Accountants

First Floor

Isabella House

12 Union Court

Richmond

TW9 1AA

FIXED ASSETS

Tangible assets

4

114,426

114,575

CURRENT ASSETS

Stocks

5

328,578

214,062

Debtors

6

339,873

501,772

Cash at bank and in hand

38,770

1,414

707,221

717,248

CREDITORS

Amounts falling due within one year

7

550,573

523,840

NET CURRENT ASSETS

156,648

193,408

TOTAL ASSETS LESS CURRENT LIABILITIES

271,074

307,983

CREDITORS

Amounts falling due after more than one year

8

(6,833

)

(47,833

)

PROVISIONS FOR LIABILITIES

(21,200

)

(25,553

)

NET ASSETS

243,041

234,597

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

242,941

234,497

SHAREHOLDERS' FUNDS

243,041

234,597

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 3 June 2026 and were signed on its behalf by:

Mr J N Whaley - Director

1.	STATUTORY INFORMATION

J. De Walleg Limited is a private company, limited by shares , registered in England and Wales. 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with other wholly owned subsidiaries and its holding company.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 12 (2025 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 March 2025

1,066,587

181,278

152,240

91,116

1,491,221

Additions

7,296

24,606

-

10,694

42,596

At 28 February 2026

1,073,883

205,884

152,240

101,810

1,533,817

DEPRECIATION

At 1 March 2025

1,016,749

171,305

104,820

83,772

1,376,646

Charge for year

14,283

8,644

9,484

10,334

42,745

At 28 February 2026

1,031,032

179,949

114,304

94,106

1,419,391

NET BOOK VALUE

At 28 February 2026

42,851

25,935

37,936

7,704

114,426

At 28 February 2025

49,838

9,973

47,420

7,344

114,575

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 March 2025

and 28 February 2026

10,500

152,240

162,740

DEPRECIATION

At 1 March 2025

9,712

104,820

114,532

Charge for year

197

9,484

9,681

At 28 February 2026

9,909

114,304

124,213

NET BOOK VALUE

At 28 February 2026

591

37,936

38,527

At 28 February 2025

788

47,420

48,208

5.

STOCKS

28.2.26

28.2.25

£

£

Stocks

328,578

214,062

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

193,466

257,472

Directors' current accounts

79,904

120,808

Tax - S455

58,673

58,673

Prepayments and accrued income

7,830

64,819

339,873

501,772

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

157,628

121,029

Hire purchase contracts

-

853

Trade creditors

236,234

210,320

Amounts owed to group undertakings

95,298

95,298

Tax

2,126

14,694

Social security and other taxes

12,751

17,984

VAT

21,942

36,272

Other creditors

1,449

1,075

Accrued expenses

23,145

26,315

550,573

523,840

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans - 1-2 years

6,833

41,000

Bank loans - 2-5 years

-

6,833

6,833

47,833

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

£

100

Ordinary

£1

100

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025:

28.2.26

28.2.25

£

£

Mr J N Whaley

Balance outstanding at start of year

120,808

162,124

Amounts repaid

(40,904

)

(41,316

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

79,904

120,808

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J N Whaley.