2022-08-012023-07-312023-07-31false12119770WALKER & DRAKE LIMITED2023-11-13iso4217:GBPxbrli:pure121197702022-08-01121197702023-07-31121197702022-08-012023-07-31121197702021-08-01121197702022-07-31121197702021-08-012022-07-3112119770bus:SmallEntities2022-08-012023-07-3112119770bus:AuditExempt-NoAccountantsReport2022-08-012023-07-3112119770bus:AbridgedAccounts2022-08-012023-07-3112119770bus:PrivateLimitedCompanyLtd2022-08-012023-07-3112119770core:WithinOneYear2023-07-3112119770core:AfterOneYear2023-07-3112119770core:WithinOneYear2022-07-3112119770core:AfterOneYear2022-07-3112119770core:ShareCapital2023-07-3112119770core:SharePremium2023-07-3112119770core:RevaluationReserve2023-07-3112119770core:OtherReservesSubtotal2023-07-3112119770core:RetainedEarningsAccumulatedLosses2023-07-3112119770core:ShareCapital2022-07-3112119770core:SharePremium2022-07-3112119770core:RevaluationReserve2022-07-3112119770core:OtherReservesSubtotal2022-07-3112119770core:RetainedEarningsAccumulatedLosses2022-07-3112119770core:LandBuildings2023-07-3112119770core:PlantMachinery2023-07-3112119770core:Vehicles2023-07-3112119770core:FurnitureFittings2023-07-3112119770core:OfficeEquipment2023-07-3112119770core:NetGoodwill2023-07-3112119770core:IntangibleAssetsOtherThanGoodwill2023-07-3112119770core:ListedExchangeTraded2023-07-3112119770core:UnlistedNon-exchangeTraded2023-07-3112119770core:LandBuildings2022-07-3112119770core:PlantMachinery2022-07-3112119770core:Vehicles2022-07-3112119770core:FurnitureFittings2022-07-3112119770core:OfficeEquipment2022-07-3112119770core:NetGoodwill2022-07-3112119770core:IntangibleAssetsOtherThanGoodwill2022-07-3112119770core:ListedExchangeTraded2022-07-3112119770core:UnlistedNon-exchangeTraded2022-07-3112119770core:LandBuildings2022-08-012023-07-3112119770core:PlantMachinery2022-08-012023-07-3112119770core:Vehicles2022-08-012023-07-3112119770core:FurnitureFittings2022-08-012023-07-3112119770core:OfficeEquipment2022-08-012023-07-3112119770core:NetGoodwill2022-08-012023-07-3112119770core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3112119770core:ListedExchangeTraded2022-08-012023-07-3112119770core:UnlistedNon-exchangeTraded2022-08-012023-07-3112119770core:MoreThanFiveYears2022-08-012023-07-3112119770core:Non-currentFinancialInstruments2023-07-3112119770core:Non-currentFinancialInstruments2022-07-3112119770dpl:CostSales2022-08-012023-07-3112119770dpl:DistributionCosts2022-08-012023-07-3112119770core:LandBuildings2022-08-012023-07-3112119770core:PlantMachinery2022-08-012023-07-3112119770core:Vehicles2022-08-012023-07-3112119770core:FurnitureFittings2022-08-012023-07-3112119770core:OfficeEquipment2022-08-012023-07-3112119770dpl:AdministrativeExpenses2022-08-012023-07-3112119770core:NetGoodwill2022-08-012023-07-3112119770core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3112119770dpl:GroupUndertakings2022-08-012023-07-3112119770dpl:ParticipatingInterests2022-08-012023-07-3112119770dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3112119770core:ListedExchangeTraded2022-08-012023-07-3112119770dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3112119770core:UnlistedNon-exchangeTraded2022-08-012023-07-3112119770dpl:CostSales2021-08-012022-07-3112119770dpl:DistributionCosts2021-08-012022-07-3112119770core:LandBuildings2021-08-012022-07-3112119770core:PlantMachinery2021-08-012022-07-3112119770core:Vehicles2021-08-012022-07-3112119770core:FurnitureFittings2021-08-012022-07-3112119770core:OfficeEquipment2021-08-012022-07-3112119770dpl:AdministrativeExpenses2021-08-012022-07-3112119770core:NetGoodwill2021-08-012022-07-3112119770core:IntangibleAssetsOtherThanGoodwill2021-08-012022-07-3112119770dpl:GroupUndertakings2021-08-012022-07-3112119770dpl:ParticipatingInterests2021-08-012022-07-3112119770dpl:GroupUndertakingscore:ListedExchangeTraded2021-08-012022-07-3112119770core:ListedExchangeTraded2021-08-012022-07-3112119770dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-08-012022-07-3112119770core:UnlistedNon-exchangeTraded2021-08-012022-07-3112119770core:NetGoodwill2023-07-3112119770core:IntangibleAssetsOtherThanGoodwill2023-07-3112119770core:LandBuildings2023-07-3112119770core:PlantMachinery2023-07-3112119770core:Vehicles2023-07-3112119770core:FurnitureFittings2023-07-3112119770core:OfficeEquipment2023-07-3112119770core:AfterOneYear2023-07-3112119770core:WithinOneYear2023-07-3112119770core:ListedExchangeTraded2023-07-3112119770core:UnlistedNon-exchangeTraded2023-07-3112119770core:ShareCapital2023-07-3112119770core:SharePremium2023-07-3112119770core:RevaluationReserve2023-07-3112119770core:OtherReservesSubtotal2023-07-3112119770core:RetainedEarningsAccumulatedLosses2023-07-3112119770core:NetGoodwill2022-07-3112119770core:IntangibleAssetsOtherThanGoodwill2022-07-3112119770core:LandBuildings2022-07-3112119770core:PlantMachinery2022-07-3112119770core:Vehicles2022-07-3112119770core:FurnitureFittings2022-07-3112119770core:OfficeEquipment2022-07-3112119770core:AfterOneYear2022-07-3112119770core:WithinOneYear2022-07-3112119770core:ListedExchangeTraded2022-07-3112119770core:UnlistedNon-exchangeTraded2022-07-3112119770core:ShareCapital2022-07-3112119770core:SharePremium2022-07-3112119770core:RevaluationReserve2022-07-3112119770core:OtherReservesSubtotal2022-07-3112119770core:RetainedEarningsAccumulatedLosses2022-07-3112119770core:NetGoodwill2021-08-0112119770core:IntangibleAssetsOtherThanGoodwill2021-08-0112119770core:LandBuildings2021-08-0112119770core:PlantMachinery2021-08-0112119770core:Vehicles2021-08-0112119770core:FurnitureFittings2021-08-0112119770core:OfficeEquipment2021-08-0112119770core:AfterOneYear2021-08-0112119770core:WithinOneYear2021-08-0112119770core:ListedExchangeTraded2021-08-0112119770core:UnlistedNon-exchangeTraded2021-08-0112119770core:ShareCapital2021-08-0112119770core:SharePremium2021-08-0112119770core:RevaluationReserve2021-08-0112119770core:OtherReservesSubtotal2021-08-0112119770core:RetainedEarningsAccumulatedLosses2021-08-0112119770core:AfterOneYear2022-08-012023-07-3112119770core:WithinOneYear2022-08-012023-07-3112119770core:Non-currentFinancialInstrumentscore:CostValuation2022-08-012023-07-3112119770core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-08-012023-07-3112119770core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-08-012023-07-3112119770core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-08-012023-07-3112119770core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-08-012023-07-3112119770core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-08-012023-07-3112119770core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-08-012023-07-3112119770core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-08-012023-07-3112119770core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-08-012023-07-3112119770core:Non-currentFinancialInstrumentscore:CostValuation2023-07-3112119770core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-3112119770core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-3112119770core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-3112119770core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-3112119770core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-3112119770core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-3112119770core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-3112119770core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-3112119770core:Non-currentFinancialInstrumentscore:CostValuation2022-07-3112119770core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-07-3112119770core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-07-3112119770core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-07-3112119770core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-07-3112119770core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-07-3112119770core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-07-3112119770core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-07-3112119770core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-07-3112119770bus:Director12022-08-012023-07-3112119770bus:Director22022-08-012023-07-3112119770bus:Director32022-08-012023-07-31121197701bus:Director12022-08-01121197701bus:Director12022-08-012023-07-31121197701bus:Director12023-07-31121197702bus:Director22022-08-01121197702bus:Director22022-08-012023-07-31121197702bus:Director22023-07-31121197703bus:Director32022-08-01121197703bus:Director32022-08-012023-07-31121197703bus:Director32023-07-31121197702022-08-01121197702022-08-012023-07-31121197702023-07-31

WALKER & DRAKE LIMITED

Registered Number
12119770
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2023

WALKER & DRAKE LIMITED
Company Information
for the year from 1 August 2022 to 31 July 2023

Directors

GRANT, Richard John
MATTHEWS, Tim Fairfax
TAYLOR, Alan David

Registered Address

Unit 15 Darton Business Park
Darton
Barnsley
S75 5QX

Registered Number

12119770 (England and Wales)
WALKER & DRAKE LIMITED
Balance Sheet as at
31 July 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets7198,286196,275
198,286196,275
Current assets
Stocks83,71467,328
Debtors115,797140,639
Cash at bank and on hand51,15081,843
250,661289,810
Creditors amounts falling due within one year10(198,612)(133,045)
Net current assets (liabilities)52,049156,765
Total assets less current liabilities250,335353,040
Creditors amounts falling due after one year(398,389)(503,153)
Provisions for liabilities(37,674)(37,292)
Net assets(185,728)(187,405)
Capital and reserves
Called up share capital100100
Share premium11,00011,000
Profit and loss account(196,828)(198,505)
Shareholders' funds(185,728)(187,405)
The financial statements were approved and authorised for issue by the Board of Directors on 13 November 2023, and are signed on its behalf by:
GRANT, Richard John
Director
MATTHEWS, Tim Fairfax
Director
TAYLOR, Alan David
Director

Registered Company No. 12119770
WALKER & DRAKE LIMITED
Notes to the Financial Statements
for the year ended 31 July 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.Principal activities
The principal activity of the company is E-commerce retail of dog foods & wholesale manufacturing of dog food.
4.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
5.Accounting policies
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:

Straight line (years)
Plant and machinery5
Office Equipment3
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.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
Going concern
The directors have reviewed the financial position of the company and they are of the consideration that the company will continue trading as a going concern.
6.Employee information

20232022
Average number of employees during the year55
7.Property, plant and equipment

Total

£
Cost or valuation
At 01 August 22204,970
Additions11,232
Disposals(2,600)
At 31 July 23213,602
Depreciation and impairment
At 01 August 228,695
Charge for year6,924
On disposals(303)
At 31 July 2315,316
Net book value
At 31 July 23198,286
At 31 July 22196,275
8.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
GRANT, Richard John(99,407)32,47512,564(79,496)
MATTHEWS, Tim Fairfax(83,518)32,06713,032(64,483)
TAYLOR, Alan David(84,275)32,04013,096(65,331)
(267,200)96,58238,692(209,310)
9.Debtors within one year

2023

2022

££
Trade debtors / trade receivables9,01411,383
Other debtors5,39331,642
Prepayments and accrued income9,2245,453
Deferred tax asset, debtors92,16692,161
Total115,797140,639
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.
10.Creditors within one year

2023

2022

££
Trade creditors / trade payables78,54685,171
Bank borrowings and overdrafts49,79145,240
Taxation and social security21,771-
Other creditors44,573-
Accrued liabilities and deferred income3,9312,634
Total198,612133,045
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.