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REGISTERED NUMBER: 10556702 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023

FOR

WALKER INVESTMENT PROPERTIES LTD

WALKER INVESTMENT PROPERTIES LTD (REGISTERED NUMBER: 10556702)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


WALKER INVESTMENT PROPERTIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: Mrs M Howlett Walker
Mrs M C Walker
D S Walker





REGISTERED OFFICE: 5 Green Lawns Close
Harpenden
AL5 3QD





REGISTERED NUMBER: 10556702 (England and Wales)





ACCOUNTANTS: Camfield Chapman Lowe
9 High Street
Woburn Sands
Milton Keynes
Buckinghamshire
MK17 8RF

WALKER INVESTMENT PROPERTIES LTD (REGISTERED NUMBER: 10556702)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,221 1,123
Investment property 5 1,245,716 1,245,716
1,247,937 1,246,839

CURRENT ASSETS
Debtors 6 2,030 2,204
Cash at bank 517 2,446
2,547 4,650
CREDITORS
Amounts falling due within one year 7 1,178,556 1,192,036
NET CURRENT LIABILITIES (1,176,009 ) (1,187,386 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,928

59,453

PROVISIONS FOR LIABILITIES 422 213
NET ASSETS 71,506 59,240

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 71,406 59,140
71,506 59,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

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.

WALKER INVESTMENT PROPERTIES LTD (REGISTERED NUMBER: 10556702)

STATEMENT OF FINANCIAL POSITION - continued
31ST MARCH 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th October 2023 and were signed on its behalf by:





Mrs M C Walker - Director


WALKER INVESTMENT PROPERTIES LTD (REGISTERED NUMBER: 10556702)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023

1. STATUTORY INFORMATION

Walker Investment Properties 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
Rental income is measured at the fair value of the consideration received or receivable, excluding 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.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

WALKER INVESTMENT PROPERTIES LTD (REGISTERED NUMBER: 10556702)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st April 2022 1,580 2,469 4,049
Additions 500 1,505 2,005
At 31st March 2023 2,080 3,974 6,054
DEPRECIATION
At 1st April 2022 1,038 1,888 2,926
Charge for year 305 602 907
At 31st March 2023 1,343 2,490 3,833
NET BOOK VALUE
At 31st March 2023 737 1,484 2,221
At 31st March 2022 542 581 1,123

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2022
and 31st March 2023 1,245,716
NET BOOK VALUE
At 31st March 2023 1,245,716
At 31st March 2022 1,245,716

The directors consider that there has been no material movement in the value of the investment properties.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 2,030 2,204

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 4,611 5,322
Other creditors 1,173,945 1,186,714
1,178,556 1,192,036