| REGISTERED NUMBER: |
| WALLACE SEWELL LIMITED |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2025 |
| REGISTERED NUMBER: |
| WALLACE SEWELL LIMITED |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2025 |
| WALLACE SEWELL LIMITED (REGISTERED NUMBER: 07298137) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| WALLACE SEWELL LIMITED |
| Company Information |
| for the Year Ended 31 December 2025 |
| Directors: |
| Registered office: |
| Registered number: |
| Accountants: |
| Broadwalk House, 5th Floor |
| 5 Appold Street |
| Broadgate |
| London |
| EC2A 2AG |
| WALLACE SEWELL LIMITED (REGISTERED NUMBER: 07298137) |
| Balance Sheet |
| 31 December 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| Fixed assets |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Current assets |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| Creditors |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| Net current assets |
| Total assets less current liabilities |
| Capital and reserves |
| Called up share capital | 8 |
| Share premium | 9 |
| Retained earnings | 9 |
| Shareholders' funds |
| 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 were approved by the Board of Directors and authorised for issue on |
| WALLACE SEWELL LIMITED (REGISTERED NUMBER: 07298137) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2025 |
| 1. | Statutory information |
| Wallace Sewell Limited is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Turnover represents amounts receivable for goods and services provided in the year and is stated net of VAT. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Land and buildings - Straight line over 8 to 10 years |
| Plant and machinery etc. - 25% on cost and 25% reducing balance |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| 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. |
| Going concern |
| These financial statements have been prepared on a going concern basis and they do not include any adjustments which may be necessary should the going concern basis of accounting no longer be appropriate.. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| WALLACE SEWELL LIMITED (REGISTERED NUMBER: 07298137) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 4. | Intangible fixed assets |
| Website |
| development |
| costs |
| £ |
| Cost |
| At 1 January 2025 |
| and 31 December 2025 |
| Amortisation |
| At 1 January 2025 |
| Amortisation for year |
| At 31 December 2025 |
| Net book value |
| At 31 December 2025 |
| At 31 December 2024 |
| 5. | Tangible fixed assets |
| Fixtures |
| Short | Improvements | and | Computer |
| leasehold | to property | fittings | equipment | Totals |
| £ | £ | £ | £ | £ |
| Cost |
| At 1 January 2025 |
| Additions |
| At 31 December 2025 |
| Depreciation |
| At 1 January 2025 |
| Charge for year |
| At 31 December 2025 |
| Net book value |
| At 31 December 2025 |
| At 31 December 2024 |
| 6. | Debtors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Prepayments |
| WALLACE SEWELL LIMITED (REGISTERED NUMBER: 07298137) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 7. | Creditors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Tax |
| Social security and other taxes |
| Pension payable | 1,617 | 1,572 |
| VAT | 6,031 | 23,022 |
| Credit card | 90 | 80 |
| Directors' current accounts | 59,411 | 53,380 |
| Accruals and deferred income |
| 8. | Called up share capital |
| No. of Shares | Class | Nominal | 2024£ | 2023£ |
| 100 | Ordinary | £1 | 100 | 100 |
| 100 | Ordinary A | £1 | 100 | 100 |
| 44 | Ordinary B | £1 | 44 | 44 |
| 5 | Ordinary C | £1 | 5 | 5 |
| 5 | Ordinary D | £1 | 5 | 5 |
| 5 | Ordinary E | £1 | 5 | 5 |
| Total | 259 | 259 |
| 9. | Reserves |
| Retained | Share |
| earnings | premium | Totals |
| £ | £ | £ |
| At 1 January 2025 | 383,852 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| At 31 December 2025 | 369,294 |