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REGISTERED NUMBER: 12149072 (England and Wales)















Financial Statements for the Year Ended 31st August 2023

for

K.Walker Development Services Ltd

K.Walker Development Services Ltd (Registered number: 12149072)






Contents of the Financial Statements
for the Year Ended 31st August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K.Walker Development Services Ltd

Company Information
for the Year Ended 31st August 2023







DIRECTOR: Mr K M Walker





REGISTERED OFFICE: 39a Cefn Coed Road
Cardiff
CF23 6AP





REGISTERED NUMBER: 12149072 (England and Wales)

K.Walker Development Services Ltd (Registered number: 12149072)

Balance Sheet
31st August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,547 14,063
Investment property 5 181,248 -
191,795 14,063

CURRENT ASSETS
Debtors 6 4,924 -
Cash at bank and in hand 2,453 254,607
7,377 254,607
CREDITORS
Amounts falling due within one year 7 31,426 98,633
NET CURRENT (LIABILITIES)/ASSETS (24,049 ) 155,974
TOTAL ASSETS LESS CURRENT
LIABILITIES

167,746

170,037

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 167,744 170,035
SHAREHOLDERS' FUNDS 167,746 170,037

K.Walker Development Services Ltd (Registered number: 12149072)

Balance Sheet - continued
31st August 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 and Director's Report has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th August 2024 and were signed by:





Mr K M Walker - Director


K.Walker Development Services Ltd (Registered number: 12149072)

Notes to the Financial Statements
for the Year Ended 31st August 2023

1. STATUTORY INFORMATION

K.Walker Development Services Ltd 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.

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 etc - 25% on reducing balance

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 and Director's Report, 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.

K.Walker Development Services Ltd (Registered number: 12149072)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2023

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 5 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st September 2022
and 31st August 2023 25,000
DEPRECIATION
At 1st September 2022 10,937
Charge for year 3,516
At 31st August 2023 14,453
NET BOOK VALUE
At 31st August 2023 10,547
At 31st August 2022 14,063

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 181,248
At 31st August 2023 181,248
NET BOOK VALUE
At 31st August 2023 181,248

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 4,924 -

K.Walker Development Services Ltd (Registered number: 12149072)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 148
Taxation and social security 177 59,426
Other creditors 31,249 39,059
31,426 98,633

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary 1 2 2