REGISTERED NUMBER: |
Financial Statements for the Year Ended 31 October 2021 |
for |
Alan Walter Limited |
REGISTERED NUMBER: |
Financial Statements for the Year Ended 31 October 2021 |
for |
Alan Walter Limited |
Alan Walter Limited (Registered number: 04581229) |
Contents of the Financial Statements |
for the Year Ended 31 October 2021 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 5 |
Alan Walter Limited |
Company Information |
for the Year Ended 31 October 2021 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Belfry House |
Bell Lane |
Hertford |
Hertfordshire |
SG14 1BP |
Alan Walter Limited (Registered number: 04581229) |
Abridged Balance Sheet |
31 October 2021 |
31.10.21 | 31.10.20 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
PROVISIONS FOR LIABILITIES | 7 | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | 9 |
SHAREHOLDERS' FUNDS |
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. |
Alan Walter Limited (Registered number: 04581229) |
Abridged Balance Sheet - continued |
31 October 2021 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
Alan Walter Limited (Registered number: 04581229) |
Abridged Balance Sheet - continued |
31 October 2021 |
The financial statements were approved by the director and authorised for issue on |
Alan Walter Limited (Registered number: 04581229) |
Notes to the Financial Statements |
for the Year Ended 31 October 2021 |
1. | STATUTORY INFORMATION |
Alan Walter Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The accounts have been prepared on a going concern basis relying on the continued financial support of the director who is confident of future profitable trading. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Goodwill |
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 |
Plant and machinery | - |
Computer equipment | - |
Government grants |
Government grants relating to revenue are recognised in income on a systematic basis over the period in which the entity recognises the related costs for which the grant is intended to compensate. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Alan Walter Limited (Registered number: 04581229) |
Notes to the Financial Statements - continued |
for the Year Ended 31 October 2021 |
4. | INTANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 November 2020 |
and 31 October 2021 |
AMORTISATION |
At 1 November 2020 |
and 31 October 2021 |
NET BOOK VALUE |
At 31 October 2021 |
At 31 October 2020 |
5. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 November 2020 |
and 31 October 2021 |
DEPRECIATION |
At 1 November 2020 |
Charge for year |
At 31 October 2021 |
NET BOOK VALUE |
At 31 October 2021 |
At 31 October 2020 |
6. | SECURED DEBTS |
The following secured debts are included within creditors: |
31.10.21 | 31.10.20 |
£ | £ |
Bank loans |
The bounce back loan is secured by Enterprise Finance Guarantee. |
7. | PROVISIONS FOR LIABILITIES |
31.10.21 | 31.10.20 |
£ | £ |
Deferred tax |
Accelerated capital allowances |
Alan Walter Limited (Registered number: 04581229) |
Notes to the Financial Statements - continued |
for the Year Ended 31 October 2021 |
7. | PROVISIONS FOR LIABILITIES - continued |
Deferred |
tax |
£ |
Balance at 1 November 2020 |
Provided during year | ( |
) |
Balance at 31 October 2021 |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.10.21 | 31.10.20 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
9. | RESERVES |
Retained |
earnings |
£ |
At 1 November 2020 |
Deficit for the year | ( |
) |
At 31 October 2021 |