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REGISTERED NUMBER: 01036641 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

R.A. WALTON LIMITED

R.A. WALTON LIMITED (REGISTERED NUMBER: 01036641)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R.A. WALTON LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2023







DIRECTORS: R A Walton
B M Walton





SECRETARY: B M Walton





REGISTERED OFFICE: 9 Middle Hill
Englefield Green
Egham
Surrey
TW20 OJQ





REGISTERED NUMBER: 01036641 (England and Wales)





ACCOUNTANTS: Oury Clark Chartered Accountants
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

R.A. WALTON LIMITED (REGISTERED NUMBER: 01036641)

BALANCE SHEET
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,749 -
Investment property 5 440,000 440,000
441,749 440,000

CURRENT ASSETS
Debtors 6 958 958
Cash at bank 68,413 77,543
69,371 78,501
CREDITORS
Amounts falling due within one year 7 127,547 152,840
NET CURRENT LIABILITIES (58,176 ) (74,339 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

383,573

365,661

PROVISIONS FOR LIABILITIES 68,017 68,017
NET ASSETS 315,556 297,644

CAPITAL AND RESERVES
Called up share capital 15,200 15,200
Revaluation reserve 8 347,034 347,034
Retained earnings (46,678 ) (64,590 )
SHAREHOLDERS' FUNDS 315,556 297,644

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

R.A. WALTON LIMITED (REGISTERED NUMBER: 01036641)

BALANCE SHEET - continued
30 April 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 17 November 2023 and were signed on its behalf by:





R A Walton - Director


R.A. WALTON LIMITED (REGISTERED NUMBER: 01036641)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

R.A. Walton 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

R.A. WALTON LIMITED (REGISTERED NUMBER: 01036641)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2022 375
Additions 2,049
At 30 April 2023 2,424
DEPRECIATION
At 1 May 2022 375
Charge for year 300
At 30 April 2023 675
NET BOOK VALUE
At 30 April 2023 1,749

5. INVESTMENT PROPERTY
Total
£   
COST
At 1 May 2022
and 30 April 2023 440,000
NET BOOK VALUE
At 30 April 2023 440,000
At 30 April 2022 440,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Other debtors 958 958

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Tax 10,651 4,812
Related parties - S Pugh 5,689 5,689
Related parties - L Sayward 5,689 5,689
Directors' current accounts 102,518 133,650
Accrued expenses 3,000 3,000
127,547 152,840

R.A. WALTON LIMITED (REGISTERED NUMBER: 01036641)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2023

8. RESERVES
Revaluation
reserve
£   
At 1 May 2022
and 30 April 2023 347,034

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2023 and 30 April 2022:

30.4.23 30.4.22
£    £   
B M Walton
Balance outstanding at start of year 83,036 -
Amounts advanced 2,200 90,111
Amounts repaid (18,472 ) (7,075 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 66,764 83,036

R A Walton
Balance outstanding at start of year 50,614 52,052
Amounts advanced 3,667 17,769
Amounts repaid (18,528 ) (19,207 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 35,753 50,614

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R A Walton, by virtue of being the majority shareholder.