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REGISTERED NUMBER: SC197533 (Scotland)















WALKER MARTYN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2022 TO 30 JUNE 2023






WALKER MARTYN LIMITED (REGISTERED NUMBER: SC197533)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Period 1 January 2022 to 30 June 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WALKER MARTYN LIMITED

COMPANY INFORMATION
For The Period 1 January 2022 to 30 June 2023







DIRECTORS: C Smith
R Farquhar





SECRETARY: C Smith





REGISTERED OFFICE: 1 Park Circus Place
Glasgow
G3 6AH





REGISTERED NUMBER: SC197533 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

WALKER MARTYN LIMITED (REGISTERED NUMBER: SC197533)

BALANCE SHEET
30 June 2023

30.6.23 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 10,371

CURRENT ASSETS
Debtors 5 1,343 170,786
Cash at bank and in hand 246,917 599,042
248,260 769,828
CREDITORS
Amounts falling due within one year 6 57,146 73,665
NET CURRENT ASSETS 191,114 696,163
TOTAL ASSETS LESS CURRENT
LIABILITIES

191,114

706,534

CAPITAL AND RESERVES
Called up share capital 66,076 66,076
Capital redemption reserve 33,038 33,038
Retained earnings 92,000 607,420
SHAREHOLDERS' FUNDS 191,114 706,534

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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 MARTYN LIMITED (REGISTERED NUMBER: SC197533)

BALANCE SHEET - continued
30 June 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 21 November 2023 and were signed on its behalf by:




C Smith - Director



R Farquhar - Director


WALKER MARTYN LIMITED (REGISTERED NUMBER: SC197533)

NOTES TO THE FINANCIAL STATEMENTS
For The Period 1 January 2022 to 30 June 2023


1. STATUTORY INFORMATION

Walker Martyn Limited is a private company, limited by shares , registered in Scotland. 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 comprises the value of goods and services supplied by the company during the period, excluding value added tax.


Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on cost, 10% on cost and 25% to 33.33% on cost

Taxation
Taxation for the period 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 period 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Operating leases
Rentals applicable to operating leases where substantially all the benefits and risks of ownership remains with the lessor are charged to the profit and loss account as they are incurred.

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.

Going concern
The directors have not prepared the accounts on a going concern basis as the company has ceased to trade.

WALKER MARTYN LIMITED (REGISTERED NUMBER: SC197533)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Period 1 January 2022 to 30 June 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2021 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2022 578,048
Additions 14,468
Disposals (592,516 )
At 30 June 2023 -
DEPRECIATION
At 1 January 2022 567,677
Charge for period 9,001
Eliminated on disposal (576,678 )
At 30 June 2023 -
NET BOOK VALUE
At 30 June 2023 -
At 31 December 2021 10,371

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 31.12.21
£    £   
Trade debtors - 140,300
Other debtors 290 28,870
Tax recoverable 1,053 -
Deferred tax asset - 1,616
1,343 170,786

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 31.12.21
£    £   
Trade creditors 130 5,894
Taxation and social security 31,239 63,829
Other creditors 25,777 3,942
57,146 73,665

7. OTHER FINANCIAL COMMITMENTS

At 30 June 2023 the company was committed to making total payments under non-cancellable operating leases of £9,000 (31 December 2021, £36,810).

WALKER MARTYN LIMITED (REGISTERED NUMBER: SC197533)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Period 1 January 2022 to 30 June 2023


8. RELATED PARTY DISCLOSURES

There is a first ranking bond and floating charge secured over all of the company's assets in respect of all sums due by the company's parent company to the company's directors under a loan note instrument issued by that company in 2008.