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REGISTERED NUMBER: 02449345















Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Walker Slater Limited

Walker Slater Limited (Registered number: 02449345)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Walker Slater Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: P Walker
F Y Walker





SECRETARY: F Y Walker





REGISTERED OFFICE: 5 Deansway
Worcester
WR1 2JG





REGISTERED NUMBER: 02449345





ACCOUNTANTS: D.J. Martin & Co.
40/42 Brantwood Avenue
Dundee
Tayside
DD3 6EW

Walker Slater Limited (Registered number: 02449345)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 154,932 202,438

CURRENT ASSETS
Stocks 23,861 104,782
Debtors 5 1,180,628 732,725
Cash at bank and in hand 413,324 104,853
1,617,813 942,360
CREDITORS
Amounts falling due within one year 6 1,313,075 729,789
NET CURRENT ASSETS 304,738 212,571
TOTAL ASSETS LESS CURRENT
LIABILITIES

459,670

415,009

CREDITORS
Amounts falling due after more than one year 7 (34,167 ) (34,167 )

PROVISIONS FOR LIABILITIES (22,941 ) (22,941 )
NET ASSETS 402,562 357,901

CAPITAL AND RESERVES
Called up share capital 2,205 2,205
Revaluation reserve 8 2,347 2,347
Capital redemption reserve 4,497 4,497
Retained earnings 393,513 348,852
SHAREHOLDERS' FUNDS 402,562 357,901

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Slater Limited (Registered number: 02449345)

Balance Sheet - continued
28 February 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 20 October 2023 and were signed on its behalf by:





P Walker - Director


Walker Slater Limited (Registered number: 02449345)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Walker Slater Limited is a private company, limited by shares , registered in Not specified/Other. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, 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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Walker Slater Limited (Registered number: 02449345)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 March 2022 49,749 113,052 166,425
Additions - 25,643 647
Disposals - (33,546 ) -
At 28 February 2023 49,749 105,149 167,072
DEPRECIATION
At 1 March 2022 - 71,451 105,190
Charge for year - 10,110 18,565
Eliminated on disposal - (5,032 ) -
At 28 February 2023 - 76,529 123,755
NET BOOK VALUE
At 28 February 2023 49,749 28,620 43,317
At 28 February 2022 49,749 41,601 61,235

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2022 36,310 190,008 555,544
Additions 21,500 11,351 59,141
Disposals - - (33,546 )
At 28 February 2023 57,810 201,359 581,139
DEPRECIATION
At 1 March 2022 23,739 152,726 353,106
Charge for year 17,036 32,422 78,133
Eliminated on disposal - - (5,032 )
At 28 February 2023 40,775 185,148 426,207
NET BOOK VALUE
At 28 February 2023 17,035 16,211 154,932
At 28 February 2022 12,571 37,282 202,438

Walker Slater Limited (Registered number: 02449345)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 1,180,628 732,725

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts - 10,000
Trade creditors 682,039 267,739
Taxation and social security 220,593 44,007
Other creditors 410,443 408,043
1,313,075 729,789

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 34,167 34,167

8. RESERVES
Revaluation
reserve
£   
At 1 March 2022
and 28 February 2023 2,347