REGISTERED NUMBER: 10043419 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE WALL OF COMEDY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Ascott

J Wade

REGISTERED OFFICE:

Office 176 Maddison House

226 High Street

Croydon

Surrey

CR9 1DF

REGISTERED NUMBER:

10043419 (England and Wales)

ACCOUNTANT:

mgr Weston Kay LLP

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Tangible assets

4

20,428

34,148

CURRENT ASSETS

Debtors

5

259,622

735,000

Cash at bank and in hand

52,156

52,143

311,778

787,143

CREDITORS

Amounts falling due within one year

6

(1,143,584

)

(651,672

)

NET CURRENT (LIABILITIES)/ASSETS

(831,806

)

135,471

TOTAL ASSETS LESS CURRENT LIABILITIES

(811,378

)

169,619

CREDITORS

Amounts falling due after more than one year

7

(22,887

)

(12,678

)

NET (LIABILITIES)/ASSETS

(834,265

)

156,941

CAPITAL AND RESERVES

Called up share capital

9

4

4

Capital contribution reserve

10

50,000

-

Retained earnings

10

(884,269

)

156,937

SHAREHOLDERS' FUNDS

(834,265

)

156,941

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2026 and were signed on its behalf by:

P Ascott - Director

1.	STATUTORY INFORMATION

The Wall Of Comedy Ltd 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.

Going concern

The financial statements have been prepared on the going concern basis, as the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, being a period of at least 12 months from the date of approval of the financial statements. This assessment is based on a review of current trading performance and cashflow forecasts with the expectation that the company will pay its outstanding liabilities from future profits.

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.

Plant and machinery etc

-

25% Straight line

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

87,581

Additions

2,985

At 31 March 2025

90,566

DEPRECIATION

At 1 April 2024

53,433

Charge for year

16,705

At 31 March 2025

70,138

NET BOOK VALUE

At 31 March 2025

20,428

At 31 March 2024

34,148

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

82,938

235,461

Amounts owed by related parties

-

3,200

Other debtors

176,684

496,339

259,622

735,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts (see note 8)

172,712

10,648

Trade creditors

538,306

341,410

Taxation and social security

358,316

214,854

Other creditors

74,250

84,760

1,143,584

651,672

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans (see note 8)

22,887

12,678

8.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due within one year or on demand:

Bank loans

172,712

10,648

Amounts falling due between one and two years:

Bank loans - 1-2 years

22,887

12,678

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

4

Ordinary

£1

4

4

10.

RESERVES

Capital

Retained

contribution

earnings

reserve

Totals

£

£

£

At 1 April 2024

156,937

-

156,937

Deficit for the year

(1,041,206

)

(1,041,206

)

Bonus share issue

-

50,000

50,000

At 31 March 2025

(884,269

)

50,000

(834,269

)

The company received a capital contribution of £50,000 during the year from a former director. The capital contribution confers no ownership interest in the company and has no right to repayment.