IRIS Accounts Production v22.1.4.3 11810900 director 1.3.21 28.2.22 28.2.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure118109002021-02-28118109002022-02-28118109002021-03-012022-02-28118109002020-02-29118109002020-03-012021-02-28118109002021-02-2811810900ns16:EnglandWales2021-03-012022-02-2811810900ns15:PoundSterling2021-03-012022-02-2811810900ns11:Director12021-03-012022-02-2811810900ns11:PrivateLimitedCompanyLtd2021-03-012022-02-2811810900ns11:SmallEntities2021-03-012022-02-2811810900ns11:AuditExempt-NoAccountantsReport2021-03-012022-02-2811810900ns11:SmallCompaniesRegimeForDirectorsReport2021-03-012022-02-2811810900ns11:SmallCompaniesRegimeForAccounts2021-03-012022-02-2811810900ns11:FullAccounts2021-03-012022-02-2811810900ns11:RegisteredOffice2021-03-012022-02-2811810900ns6:CurrentFinancialInstruments2022-02-2811810900ns6:CurrentFinancialInstruments2021-02-2811810900ns6:Non-currentFinancialInstruments2022-02-2811810900ns6:Non-currentFinancialInstruments2021-02-2811810900ns6:ShareCapital2022-02-2811810900ns6:ShareCapital2021-02-2811810900ns6:RetainedEarningsAccumulatedLosses2022-02-2811810900ns6:RetainedEarningsAccumulatedLosses2021-02-2811810900ns6:PlantMachinery2021-02-2811810900ns6:PlantMachinery2021-03-012022-02-2811810900ns6:PlantMachinery2022-02-2811810900ns6:PlantMachinery2021-02-2811810900ns6:WithinOneYearns6:CurrentFinancialInstruments2022-02-2811810900ns6:WithinOneYearns6:CurrentFinancialInstruments2021-02-2811810900ns6:AfterOneYearns6:Non-currentFinancialInstruments2022-02-2811810900ns6:AfterOneYearns6:Non-currentFinancialInstruments2021-02-28
REGISTERED NUMBER: 11810900 (England and Wales)
























Unaudited Financial Statements for the Year Ended 28 February 2022

for

Walter Leisure Ltd

Walter Leisure Ltd (Registered number: 11810900)






Contents of the Financial Statements
for the Year Ended 28 February 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Walter Leisure Ltd

Company Information
for the Year Ended 28 February 2022







DIRECTOR: K W Dickson





REGISTERED OFFICE: Unit 23 Springfield Business Park
Caunt Road
Grantham
Lincolnshire
NG31 7BG





REGISTERED NUMBER: 11810900 (England and Wales)





ACCOUNTANTS: Jackson JMR Limited
Suite 45
Autumn Park Business Centre
Dysart Road
Grantham
Lincolnshire
NG31 7EU

Walter Leisure Ltd (Registered number: 11810900)

Balance Sheet
28 February 2022

28.2.22 28.2.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 37,109 10,000

CURRENT ASSETS
Debtors 5 44,738 19,175
Cash at bank 60,383 21,571
105,121 40,746
CREDITORS
Amounts falling due within one year 6 100,843 86,572
NET CURRENT ASSETS/(LIABILITIES) 4,278 (45,826 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,387

(35,826

)

CREDITORS
Amounts falling due after more than one year 7 41,560 52,797
NET LIABILITIES (173 ) (88,623 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (273 ) (88,723 )
(173 ) (88,623 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 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.

Walter Leisure Ltd (Registered number: 11810900)

Balance Sheet - continued
28 February 2022


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 July 2022 and were signed by:





K W Dickson - Director


Walter Leisure Ltd (Registered number: 11810900)

Notes to the Financial Statements
for the Year Ended 28 February 2022

1. STATUTORY INFORMATION

Walter Leisure 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.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2021 - 10 ) .

Walter Leisure Ltd (Registered number: 11810900)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2021 10,000
Additions 33,708
At 28 February 2022 43,708
DEPRECIATION
Charge for year 6,599
At 28 February 2022 6,599
NET BOOK VALUE
At 28 February 2022 37,109
At 28 February 2021 10,000

5. DEBTORS
28.2.22 28.2.21
£    £   
Amounts falling due within one year:
Other debtors 29,738 4,175

Amounts falling due after more than one year:
Other debtors 15,000 15,000

Aggregate amounts 44,738 19,175

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.22 28.2.21
£    £   
Bank loans and overdrafts 6,720 -
Trade creditors 11,441 21,310
Taxation and social security (597 ) 281
Other creditors 83,279 64,981
100,843 86,572

Walter Leisure Ltd (Registered number: 11810900)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2022

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.22 28.2.21
£    £   
Bank loans 39,571 50,000
Other creditors 1,989 2,797
41,560 52,797