WallsMan Creative Limited

WallsMan Creative Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	17,397	19,930
		17,397	19,930
Current assets
Debtors	4	191,489	222,213
Cash at bank and in hand		179,443	146,094
		370,932	368,307
Creditors: amount falling due within one year	5	(142,374)	(154,447)
Net current assets		228,558	213,860

Total assets less current liabilities		245,955	233,790
Provisions for liabilities	6	(4,254)	(4,983)
Net assets		241,701	228,807

Capital and reserves
Called up share capital		100	100
Profit and loss account		241,601	228,707
Shareholders' funds		241,701	228,807

For the year ended 31 March 2026 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 accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 06 October 2026 and were signed on its behalf by:

-------------------------------
Erin-Marie Walls
Director

WallsMan Creative Limited
Notes to the Financial Statements
For the year ended 31 March 2026

General Information

WallsMan Creative Limited is a private company, limited by shares, registered in England and Wales, registration number 09471697, registration address Unit 14 Princeton mews,, 167 London road, Kingston, County, KT2 6PT.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	25% Reducing Balance
Computer Equipment	25% Reducing Balance

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 13 (2025 : 12).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 April 2025	10,189	23,358	33,547
Additions	-	3,326	3,326
Disposals	-	(1,831)	(1,831)
At 31 March 2026	10,189	24,853	35,042
Depreciation
At 01 April 2025	3,742	9,875	13,617
Charge for year	1,546	3,128	4,674
On disposals	-	(646)	(646)
At 31 March 2026	5,288	12,357	17,645
Net book values
Closing balance as at 31 March 2026	4,901	12,496	17,397
Opening balance as at 01 April 2025	6,447	13,483	19,930

Debtors: amounts falling due within one year

	2026 £	2025 £
Trade Debtors	155,903	203,784
Provision for Doubtful Debts	(9,540)	(30,536)
Prepayments & Accrued Income	36,666	40,538
Deposits paid	8,110	8,110
Other Debtors	69	0
Directors' Current Accounts	281	0
	191,489	221,896

Debtors: amounts falling due after one year

	2026 £		2025 £
Other Debtors	0		317
	0		317

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	26,081	29,849
Corporation Tax	17,816	23,202
PAYE & Social Security	24,049	23,282
Other Creditors	1,374	524
Obligations under HP/Financial Leases	0	2,102
Pension Control Account	1,620	1,891
Directors' Current Accounts	0	597
VAT	71,434	73,000
	142,374	154,447

Provisions for liabilities

	2026 £		2025 £
Deferred Tax	4,254		4,983
	4,254		4,983

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)				Balance owed by/(owed to)
	2026 £		2025 £		2026 £		2025 £
Wawi Creative Limited	(50,000)		(80,000)		0		0

8.	Ultimate Controlling Party The company's ultimate controlling party is Wawi Creative Limited by virtue of its ownership of 100% of the issued share capital in the company.