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REGISTERED NUMBER: 00680132 (England and Wales)















Financial Statements for the Year Ended 31 March 2023

for

Walklin and Company(Brighton)Limited

Walklin and Company(Brighton)Limited (Registered number: 00680132)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Walklin and Company(Brighton)Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: C Dewar
P N Dewar





SECRETARY: P N Dewar





REGISTERED OFFICE: 2a Mackie Avenue
Patcham
Brighton
East Sussex
BN1 8RA





REGISTERED NUMBER: 00680132 (England and Wales)





ACCOUNTANTS: Style and Silver
Bank House
Southwick Square
Southwick
West Sussex
BN42 4FN

Walklin and Company(Brighton)Limited (Registered number: 00680132)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 640,004 640,021

CURRENT ASSETS
Cash at bank 2,779 8,548

CREDITORS
Amounts falling due within one year 5 6,327 6,182
NET CURRENT (LIABILITIES)/ASSETS (3,548 ) 2,366
TOTAL ASSETS LESS CURRENT
LIABILITIES

636,456

642,387

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Share premium 200 200
Revaluation reserve 6 513,978 513,978
Retained earnings 120,278 126,209
SHAREHOLDERS' FUNDS 636,456 642,387

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

Walklin and Company(Brighton)Limited (Registered number: 00680132)

Balance Sheet - continued
31 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2023 and were signed on its behalf by:





C Dewar - Director


Walklin and Company(Brighton)Limited (Registered number: 00680132)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Walklin and Company(Brighton)Limited 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided in year of acquisition
Improvements to property - not provided in year of acquisition
Fixtures and fittings - 25% on reducing balance

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 2 (2022 - 2 ) .

Walklin and Company(Brighton)Limited (Registered number: 00680132)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and
property property fittings Totals
£    £    £    £   
COST OR VALUATION
At 1 April 2022
and 31 March 2023 522,044 117,956 2,803 642,803
DEPRECIATION
At 1 April 2022 - - 2,782 2,782
Charge for year - - 17 17
At 31 March 2023 - - 2,799 2,799
NET BOOK VALUE
At 31 March 2023 522,044 117,956 4 640,004
At 31 March 2022 522,044 117,956 21 640,021

Cost or valuation at 31 March 2023 is represented by:

Improvements Fixtures
Freehold to and
property property fittings Totals
£    £    £    £   
Valuation in 2006 341,894 117,956 2,248 462,098
Valuation in 2010 - - 140 140
Valuation in 2012 - - 415 415
Valuation in 2017 180,150 - - 180,150
522,044 117,956 2,803 642,803

** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF
FREEHOLD PROPERTY

'COST' ACCOUNT TOTAL
Cost B/f 522,044
522,044

CLIENT SCREEN TOTAL = -


** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF
IMPROVEMENTS TO PROPERTY

'COST' ACCOUNT TOTAL

Walklin and Company(Brighton)Limited (Registered number: 00680132)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS - continued
Cost B/f 117,956
117,956

CLIENT SCREEN TOTAL = -


** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF
FIXTURES AND FITTINGS

'COST' ACCOUNT TOTAL
Cost B/f 2,803
2,803

CLIENT SCREEN TOTAL = -


If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31.3.23 31.3.22
£    £   
Cost 167,956 167,956

Value of land in freehold land and buildings 640,000 640,000

Freehold land and buildings were valued on an open market basis on 31 March 2017 by an independent agent .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Tax 4,741 4,597
Directors' current accounts 785 785
Accrued expenses 801 800
6,327 6,182

6. RESERVES
Revaluation
reserve
£   
At 1 April 2022
and 31 March 2023 513,978