Company Registration No. 14695964 (England and Wales)
Wallace Facilities Services Ltd
Unaudited accounts
for the year ended 31 January 2026
Wallace Facilities Services Ltd
Unaudited accounts
Contents
Wallace Facilities Services Ltd
Company Information
for the year ended 31 January 2026
Company Number
14695964 (England and Wales)
Registered Office
56 Errington Road
Picket Piece
Andover
SP11 6XG
England
Wallace Facilities Services Ltd
Statement of financial position
as at 31 January 2026
Tangible assets
318,651
254,618
Cash at bank and in hand
(11,494)
3,430
Creditors: amounts falling due within one year
(272,707)
(241,081)
Net current liabilities
(156,220)
(98,388)
Total assets less current liabilities
162,431
156,230
Creditors: amounts falling due after more than one year
(150,439)
(137,677)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
9,265
18,552
Shareholders' funds
9,266
18,553
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 October 2026 and were signed on its behalf by
Ian Wallace
Director
Company Registration No. 14695964
Wallace Facilities Services Ltd
Notes to the Accounts
for the year ended 31 January 2026
Wallace Facilities Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 14695964. The registered office is 56 Errington Road, Picket Piece, Andover, SP11 6XG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
4 years
Computer equipment
4 years
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Wallace Facilities Services Ltd
Notes to the Accounts
for the year ended 31 January 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2025
74,591
212,688
1,500
691
289,470
Additions
3,771
203,180
-
674
207,625
Disposals
(38,091)
(20,000)
-
-
(58,091)
At 31 January 2026
40,271
395,868
1,500
1,365
439,004
At 1 February 2025
4,379
30,396
63
14
34,852
Charge for the year
15,470
79,737
389
172
95,768
On disposals
(9,850)
(417)
-
-
(10,267)
At 31 January 2026
9,999
109,716
452
186
120,353
At 31 January 2026
30,272
286,152
1,048
1,179
318,651
At 31 January 2025
70,212
182,292
1,437
677
254,618
Amounts falling due within one year
Trade debtors
124,970
129,385
Accrued income and prepayments
-
3,000
6
Creditors: amounts falling due within one year
2026
2025
Obligations under finance leases and hire purchase contracts
146,971
97,521
Trade creditors
66,464
99,403
Taxes and social security
4,660
4,601
Loans from directors
30,439
19,789
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
150,439
137,677
8
Average number of employees
During the year the average number of employees was 6 (2025: 3).