2022-02-012023-01-312023-01-31false08212612WALNUT & WEAVE (HOME FASHION) LTD2023-11-2147789iso4217:GBPxbrli:pure082126122022-02-01082126122023-01-31082126122022-02-012023-01-31082126122021-02-01082126122022-01-31082126122021-02-012022-01-3108212612bus:SmallEntities2022-02-012023-01-3108212612bus:AuditExempt-NoAccountantsReport2022-02-012023-01-3108212612bus:FullAccounts2022-02-012023-01-3108212612bus:PrivateLimitedCompanyLtd2022-02-012023-01-3108212612core:WithinOneYear2023-01-3108212612core:AfterOneYear2023-01-3108212612core:WithinOneYear2022-01-3108212612core:AfterOneYear2022-01-3108212612core:ShareCapital2023-01-3108212612core:SharePremium2023-01-3108212612core:RevaluationReserve2023-01-3108212612core:OtherReservesSubtotal2023-01-3108212612core:RetainedEarningsAccumulatedLosses2023-01-3108212612core:ShareCapital2022-01-3108212612core:SharePremium2022-01-3108212612core:RevaluationReserve2022-01-3108212612core:OtherReservesSubtotal2022-01-3108212612core:RetainedEarningsAccumulatedLosses2022-01-3108212612core:LandBuildings2023-01-3108212612core:PlantMachinery2023-01-3108212612core:Vehicles2023-01-3108212612core:FurnitureFittings2023-01-3108212612core:OfficeEquipment2023-01-3108212612core:NetGoodwill2023-01-3108212612core:IntangibleAssetsOtherThanGoodwill2023-01-3108212612core:ListedExchangeTraded2023-01-3108212612core:UnlistedNon-exchangeTraded2023-01-3108212612core:LandBuildings2022-01-3108212612core:PlantMachinery2022-01-3108212612core:Vehicles2022-01-3108212612core:FurnitureFittings2022-01-3108212612core:OfficeEquipment2022-01-3108212612core:NetGoodwill2022-01-3108212612core:IntangibleAssetsOtherThanGoodwill2022-01-3108212612core:ListedExchangeTraded2022-01-3108212612core:UnlistedNon-exchangeTraded2022-01-3108212612core:LandBuildings2022-02-012023-01-3108212612core:PlantMachinery2022-02-012023-01-3108212612core:Vehicles2022-02-012023-01-3108212612core:FurnitureFittings2022-02-012023-01-3108212612core:OfficeEquipment2022-02-012023-01-3108212612core:NetGoodwill2022-02-012023-01-3108212612core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3108212612core:ListedExchangeTraded2022-02-012023-01-3108212612core:UnlistedNon-exchangeTraded2022-02-012023-01-3108212612core:MoreThanFiveYears2022-02-012023-01-3108212612core:Non-currentFinancialInstruments2023-01-3108212612core:Non-currentFinancialInstruments2022-01-3108212612dpl:CostSales2022-02-012023-01-3108212612dpl:DistributionCosts2022-02-012023-01-3108212612core:LandBuildings2022-02-012023-01-3108212612core:PlantMachinery2022-02-012023-01-3108212612core:Vehicles2022-02-012023-01-3108212612core:FurnitureFittings2022-02-012023-01-3108212612core:OfficeEquipment2022-02-012023-01-3108212612dpl:AdministrativeExpenses2022-02-012023-01-3108212612core:NetGoodwill2022-02-012023-01-3108212612core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3108212612dpl:GroupUndertakings2022-02-012023-01-3108212612dpl:ParticipatingInterests2022-02-012023-01-3108212612dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3108212612core:ListedExchangeTraded2022-02-012023-01-3108212612dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3108212612core:UnlistedNon-exchangeTraded2022-02-012023-01-3108212612dpl:CostSales2021-02-012022-01-3108212612dpl:DistributionCosts2021-02-012022-01-3108212612core:LandBuildings2021-02-012022-01-3108212612core:PlantMachinery2021-02-012022-01-3108212612core:Vehicles2021-02-012022-01-3108212612core:FurnitureFittings2021-02-012022-01-3108212612core:OfficeEquipment2021-02-012022-01-3108212612dpl:AdministrativeExpenses2021-02-012022-01-3108212612core:NetGoodwill2021-02-012022-01-3108212612core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-3108212612dpl:GroupUndertakings2021-02-012022-01-3108212612dpl:ParticipatingInterests2021-02-012022-01-3108212612dpl:GroupUndertakingscore:ListedExchangeTraded2021-02-012022-01-3108212612core:ListedExchangeTraded2021-02-012022-01-3108212612dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-02-012022-01-3108212612core:UnlistedNon-exchangeTraded2021-02-012022-01-3108212612core:NetGoodwill2023-01-3108212612core:IntangibleAssetsOtherThanGoodwill2023-01-3108212612core:LandBuildings2023-01-3108212612core:PlantMachinery2023-01-3108212612core:Vehicles2023-01-3108212612core:FurnitureFittings2023-01-3108212612core:OfficeEquipment2023-01-3108212612core:AfterOneYear2023-01-3108212612core:WithinOneYear2023-01-3108212612core:ListedExchangeTraded2023-01-3108212612core:UnlistedNon-exchangeTraded2023-01-3108212612core:ShareCapital2023-01-3108212612core:SharePremium2023-01-3108212612core:RevaluationReserve2023-01-3108212612core:OtherReservesSubtotal2023-01-3108212612core:RetainedEarningsAccumulatedLosses2023-01-3108212612core:NetGoodwill2022-01-3108212612core:IntangibleAssetsOtherThanGoodwill2022-01-3108212612core:LandBuildings2022-01-3108212612core:PlantMachinery2022-01-3108212612core:Vehicles2022-01-3108212612core:FurnitureFittings2022-01-3108212612core:OfficeEquipment2022-01-3108212612core:AfterOneYear2022-01-3108212612core:WithinOneYear2022-01-3108212612core:ListedExchangeTraded2022-01-3108212612core:UnlistedNon-exchangeTraded2022-01-3108212612core:ShareCapital2022-01-3108212612core:SharePremium2022-01-3108212612core:RevaluationReserve2022-01-3108212612core:OtherReservesSubtotal2022-01-3108212612core:RetainedEarningsAccumulatedLosses2022-01-3108212612core:NetGoodwill2021-02-0108212612core:IntangibleAssetsOtherThanGoodwill2021-02-0108212612core:LandBuildings2021-02-0108212612core:PlantMachinery2021-02-0108212612core:Vehicles2021-02-0108212612core:FurnitureFittings2021-02-0108212612core:OfficeEquipment2021-02-0108212612core:AfterOneYear2021-02-0108212612core:WithinOneYear2021-02-0108212612core:ListedExchangeTraded2021-02-0108212612core:UnlistedNon-exchangeTraded2021-02-0108212612core:ShareCapital2021-02-0108212612core:SharePremium2021-02-0108212612core:RevaluationReserve2021-02-0108212612core:OtherReservesSubtotal2021-02-0108212612core:RetainedEarningsAccumulatedLosses2021-02-0108212612core:AfterOneYear2022-02-012023-01-3108212612core:WithinOneYear2022-02-012023-01-3108212612core:Non-currentFinancialInstrumentscore:CostValuation2022-02-012023-01-3108212612core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-02-012023-01-3108212612core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-02-012023-01-3108212612core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-02-012023-01-3108212612core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-02-012023-01-3108212612core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-02-012023-01-3108212612core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-02-012023-01-3108212612core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-02-012023-01-3108212612core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-02-012023-01-3108212612core:Non-currentFinancialInstrumentscore:CostValuation2023-01-3108212612core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-3108212612core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-3108212612core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-3108212612core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-3108212612core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-3108212612core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-3108212612core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-3108212612core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-3108212612core:Non-currentFinancialInstrumentscore:CostValuation2022-01-3108212612core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-01-3108212612core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-01-3108212612core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-01-3108212612core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-01-3108212612core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-01-3108212612core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-01-3108212612core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-01-3108212612core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-01-3108212612bus:Director12022-02-012023-01-31

WALNUT & WEAVE (HOME FASHION) LTD

Registered Number
08212612
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2023

WALNUT & WEAVE (HOME FASHION) LTD
Company Information
for the year from 1 February 2022 to 31 January 2023

Director

DICKENSON, Robert Nigel

Company Secretary

DICKENSON, Robert Nigel

Registered Address

9 Newbury Drive
Stratford-Upon-Avon
CV37 9LZ

Registered Number

08212612 (England and Wales)
WALNUT & WEAVE (HOME FASHION) LTD
Balance Sheet as at
31 January 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets52,1383,548
2,1383,548
Current assets
Stocks624,78935,583
Debtors711,52623,729
Cash at bank and on hand74,469131,161
110,784190,473
Creditors amounts falling due within one year8(51,641)(47,389)
Net current assets (liabilities)59,143143,084
Total assets less current liabilities61,281146,632
Creditors amounts falling due after one year9(88,221)(107,863)
Net assets(26,940)38,769
Capital and reserves
Called up share capital11
Profit and loss account(26,941)38,768
Shareholders' funds(26,940)38,769
The financial statements were approved and authorised for issue by the Director on 21 November 2023, and are signed on its behalf by:
DICKENSON, Robert Nigel
Director
Registered Company No. 08212612
WALNUT & WEAVE (HOME FASHION) LTD
Notes to the Financial Statements
for the year ended 31 January 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Government grants and other government assistance policy
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with their conditions, and the grants will be received. Government grants are recognised using the performance model. Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year421
5.Property, plant and equipment

Land & buildings

Office Equipment

Total

£££
Cost or valuation
At 01 February 225,94424,87830,822
At 31 January 235,94424,87830,822
Depreciation and impairment
At 01 February 225,94421,33027,274
Charge for year3691,0411,410
At 31 January 236,31322,37128,684
Net book value
At 31 January 23(369)2,5072,138
At 31 January 22-3,5483,548
6.Stocks

2023

2022

££
Raw materials and consumables24,78935,583
Total24,78935,583
7.Debtors

2023

2022

££
Trade debtors / trade receivables(87)10,192
Other debtors11,61312,676
Prepayments and accrued income-861
Total11,52623,729
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2022

££
Trade creditors / trade payables34,34818,432
Taxation and social security16,11426,953
Other creditors1,1791,255
Accrued liabilities and deferred income-749
Total51,64147,389
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
9.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts88,221107,807
Other creditors-56
Total88,221107,863