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COMPANY REGISTRATION NUMBER: 00657767

H.Wallis Limited

Filleted Unaudited Financial Statements

31 December 2025

H.Wallis Limited

Statement of Financial Position

31 December 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 1,693 | 2,240
Investments | 6 |  | 254,928 | 227,938
|  | ---------- | ----------
|  | 256,621 | 230,178

Current assets

Stocks | 159,455 |  | 173,356
Debtors | 7 | 16,740 |  | 30,999
Cash at bank and in hand | 65,552 |  | 114,739
| ---------- |  | ----------
| 241,747 |  | 319,094

Creditors: amounts falling due within one year | 8 | 82,642 |  | 131,597
| ---------- |  | ----------
Net current assets |  | 159,105 | 187,497
|  | ---------- | ----------
Total assets less current liabilities |  | 415,726 | 417,675

Provisions

Taxation including deferred tax |  | 423 | 560
|  | ---------- | ----------
Net assets |  | 415,303 | 417,115
|  | ---------- | ----------

H.Wallis Limited

Statement of Financial Position (continued)

31 December 2025

| 2025 | 2024
Note | £ | £ | £

Capital and reserves

Called up share capital |  | 900 | 900
Share premium account |  | 400 | 400
Profit and loss account |  | 414,003 | 415,815
|  | ---------- | ----------
Shareholders funds |  | 415,303 | 417,115
|  | ---------- | ----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 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 .
These financial statements were approved by the board of directors and authorised for issue on 23 July 2026 , and are signed on behalf of the board by:

Mrs G P Wallis | I M Wallis
Director | Director

Company registration number: 00657767

H.Wallis Limited

Notes to the Financial Statements

Year Ended 31 December 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 84 Godstone Road, Lingfield, Surrey, RH7 6BW.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
The turnover shown in the profit and loss account represents services provided during the year, exclusive of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Land & buildings | - | 10% straight line
| Implements & machinery | - | 20% straight line
| Fixtures & fittings | - | 25% straight line
| Motor vehicles | - | 25% reducing balance

Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship (see hedge accounting policy).
Defined contribution plans
The company operates a defined contribution pension scheme for its directors and employees. The assets of the scheme are held separately from those of the company.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 6 (2024: 6 ).
5. Tangible assets

| Land and buildings | Plant and machinery | Fixtures and fittings | Motor vehicles | Total
| £ | £ | £ | £ | £
Cost |  |  |  |  |
At 1 January 2025 and 31 December 2025 | 24,116 | 37,023 | 19,638 | 33,150 | 113,927
| -------- | -------- | -------- | -------- | ----------
Depreciation |  |  |  |  |
At 1 January 2025 | 24,116 | 36,029 | 19,620 | 31,922 | 111,687
Charge for the year | – | 240 | – | 307 | 547
| -------- | -------- | -------- | -------- | ----------
At 31 December 2025 | 24,116 | 36,269 | 19,620 | 32,229 | 112,234
| -------- | -------- | -------- | -------- | ----------
Carrying amount |  |  |  |  |
At 31 December 2025 | – | 754 | 18 | 921 | 1,693
| -------- | -------- | -------- | -------- | ----------
At 31 December 2024 | – | 994 | 18 | 1,228 | 2,240
| -------- | -------- | -------- | -------- | ----------

6. Investments

| Other investments other than loans
| £
Cost |
At 1 January 2025 | 227,938
Disposals | ( 2,583)
Revaluations | 29,573
| ----------
At 31 December 2025 | 254,928
| ----------
Impairment |
At 1 January 2025 and 31 December 2025 | –
| ----------

Carrying amount |
At 31 December 2025 | 254,928
| ----------
At 31 December 2024 | 227,938
| ----------

7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 14,753 | 29,060
Other debtors | 1,987 | 1,939
| -------- | --------
| 16,740 | 30,999
| -------- | --------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 46,187 | 83,833
Corporation tax | 19,764 | 37,243
Social security and other taxes | 12,626 | 5,520
Other creditors | 4,065 | 5,001
| -------- | ----------
| 82,642 | 131,597
| -------- | ----------

9. Related party transactions
The company was under the control of the directors throughout the current and previous year, as shown in the directors report, who between them own 100% of the share capital of the company. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102.