REGISTERED NUMBER: 02748237 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

WALLAKERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

R D S Heald

Registered office:

69 Victoria Road

Surbiton

Surrey

KT6 4NX

Registered number:

02748237 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

720,000

720,000

Investments

5

10,000

10,000

730,000

730,000

Current assets

Debtors

6

2,150

2,150

Cash at bank and in hand

180,718

154,996

182,868

157,146

Creditors

Amounts falling due within one year

7

(18,765

)

(19,033

)

Net current assets

164,103

138,113

Total assets less current liabilities

894,103

868,113

Creditors

Amounts falling due after more than one year

8

(192,846

)

(192,846

)

Provisions for liabilities

9

(28,122

)

(28,122

)

Net assets

673,135

647,145

Capital and reserves

Called up share capital

10

100

100

Revaluation reserve

11

320,201

320,201

Retained earnings

352,834

326,844

Shareholders' funds

673,135

647,145

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 2 June 2026 and were signed by:

R D S Heald - Director

1.	Statutory information

Wallakers 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Key source of estimation, uncertainty and judgement

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

Turnover

Turnover represents rental income from property investments excluding VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

Not depreciated

Fixtures and fittings

-

15% on cost

Investment properties are shown at their market value and not depreciated.

Surpluses and deficits arising on revaluations are credited and debited to the non distributable reserve except where the valuation is below cost and the diminution in value is not expected to be temporary.

Where a property is valued below cost and the diminution below value is not expected to be temporary, the difference between cost and valuation is debited to profit and loss account.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current tax.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	Employees and directors

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

4.	Tangible fixed assets

Fixtures

Long

and

leasehold

fittings

Totals

£

£

£

Cost or valuation

At 1 September 2024

and 31 August 2025

720,000

2,306

722,306

Depreciation

At 1 September 2024

and 31 August 2025

-

2,306

2,306

Net book value

At 31 August 2025

720,000

-

720,000

At 31 August 2024

720,000

-

720,000

Cost or valuation at 31 August 2025 is represented by:

Fixtures

Long

and

leasehold

fittings

Totals

£

£

£

Valuation in 2025

720,000

-

720,000

Cost

-

2,306

2,306

720,000

2,306

722,306

5.	Fixed asset investments

Other

investments

£

Cost or valuation

At 1 September 2024

and 31 August 2025

10,000

Net book value

At 31 August 2025

10,000

At 31 August 2024

10,000

Cost or valuation at 31 August 2025 is represented by:

Other

investments

£

Valuation in 2025

10,000

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

475

475

Fixed asset investments were valued on an open market basis basis on 31 August 2025 by the director .

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

2,150

2,150

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Taxation and social security

6,096

7,477

Other creditors

12,669

11,556

18,765

19,033

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Other creditors

192,846

192,846

9.	Provisions for liabilities

2025

2024

£

£

Deferred tax

28,122

28,122

Deferred tax

£

Balance at 1 September 2024

28,122

Balance at 31 August 2025

28,122

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.

Reserves

Revaluation

reserve

£

At 1 September 2024

and 31 August 2025

320,201

12.	Other financial commitments

A long leasehold property included in the books at a valuation of £240,000 is charged to HSBC in respect of a loan to the director of the company. These funds were lent to the company to assist with the purchase of the company.

13.	Related party disclosures

At the balance sheet date the director was owed £200,258 (2024: £200,258) and the amounts due for repayment after more than one year were £192,846 (2024: £192,846). This loan is interest free and repayable on demand.