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Company Registration No. 01386111 (England and Wales)
Walkers of Ashbourne Limited Unaudited accounts for the year ended 31 March 2024
Walkers of Ashbourne Limited Unaudited accounts Contents
Page
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Walkers of Ashbourne Limited Company Information for the year ended 31 March 2024
Director
Mr Kevin Walker
Company Number
01386111 (England and Wales)
Registered Office
Moor End Garage Bradley Ashbourne Derbyshire DE6 1LQ United Kingdom
Accountants
RLTP Accountants Suite 8, Riverside Business Centre Foundry Lane Milford, Belper Derbyshire DE56 0RN
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Walkers of Ashbourne Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
189,395 
230,397 
Current assets
Inventories
2,509 
2,000 
Debtors
95,303 
70,841 
Cash at bank and in hand
168,512 
137,503 
266,324 
210,344 
Creditors: amounts falling due within one year
(405,622)
(370,469)
Net current liabilities
(139,298)
(160,125)
Total assets less current liabilities
50,097 
70,272 
Creditors: amounts falling due after more than one year
(51,667)
(31,667)
Net (liabilities)/assets
(1,570)
38,605 
Capital and reserves
Called up share capital
200,000 
200,000 
Profit and loss account
(201,570)
(161,395)
Shareholders' funds
(1,570)
38,605 
For the year ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 16 August 2024 and were signed on its behalf by
Mr Kevin Walker Director Company Registration No. 01386111
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Walkers of Ashbourne Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Walkers of Ashbourne Limited is a private company, limited by shares, registered in England and Wales, registration number 01386111. The registered office is Moor End Garage, Bradley, Ashbourne, Derbyshire, DE6 1LQ, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
10%
Motor vehicles
20%
Fixtures & fittings
15%
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
155,696 
435,230 
57,952 
648,878 
Additions
- 
50,000 
- 
50,000 
Disposals
(24,175)
(101,250)
- 
(125,425)
At 31 March 2024
131,521 
383,980 
57,952 
573,453 
Depreciation
At 1 April 2023
95,338 
285,304 
37,839 
418,481 
Charge for the year
5,415 
34,202 
3,012 
42,629 
On disposals
(13,473)
(63,579)
- 
(77,052)
At 31 March 2024
87,280 
255,927 
40,851 
384,058 
Net book value
At 31 March 2024
44,241 
128,053 
17,101 
189,395 
At 31 March 2023
60,358 
149,926 
20,113 
230,397 
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Walkers of Ashbourne Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
95,303 
70,841 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
22,687 
10,932 
Trade creditors
15,611 
7,794 
Taxes and social security
1,604 
1,400 
Other creditors
1,551 
640 
Loans from directors
363,369 
348,903 
Accruals
800 
800 
405,622 
370,469 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
21,667 
31,667 
Other creditors
30,000 
- 
51,667 
31,667 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary Shares of £100,000 each
200,000 
200,000 
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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