Company Registration No. 06514619 (England and Wales)
Walkerstone Limited
Unaudited accounts
for the year ended 28 February 2023
Walkerstone Limited
Unaudited accounts
Contents
Walkerstone Limited
Company Information
for the year ended 28 February 2023
Directors
R Walker
M Walker
Company Number
06514619 (England and Wales)
Registered Office
Sheaves House Birch Close
Boundstone
Farnham
Surrey
GU10 4TJ
Accountants
M A Accountancy Group
Wolfe Mead
Farnham Road
Bordon
Hampshire
GU35 0NH
Walkerstone Limited
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
24,590
27,758
Creditors: amounts falling due within one year
(14,922)
(14,532)
Net current assets
29,478
13,421
Total assets less current liabilities
29,849
13,916
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
29,678
13,722
Shareholders' funds
29,778
13,822
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 November 2023 and were signed on its behalf by
R Walker
Director
Company Registration No. 06514619
Walkerstone Limited
Notes to the Accounts
for the year ended 28 February 2023
Walkerstone Limited is a private company, limited by shares, registered in England and Wales, registration number 06514619. The registered office is Sheaves House Birch Close, Boundstone, Farnham, Surrey, GU10 4TJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Walkerstone Limited
Notes to the Accounts
for the year ended 28 February 2023
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2022
2,634
328
2,962
At 28 February 2023
2,634
328
2,962
At 1 March 2022
2,339
128
2,467
Charge for the year
74
50
124
At 28 February 2023
2,413
178
2,591
At 28 February 2023
221
150
371
At 28 February 2022
295
200
495
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
14,051
8,709
Loans from directors
-
4,798
8
Average number of employees
During the year the average number of employees was 1 (2022: 2).