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REGISTERED NUMBER: 09679992 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Walton International UK Limited

Walton International UK Limited (Registered number: 09679992)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Walton International UK Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr T M D'Arcy
Mr R J B D'Arcy
Mrs J A D'Arcy





REGISTERED OFFICE: Walton House
20 Coleford Road
London
SW18 1AD





REGISTERED NUMBER: 09679992 (England and Wales)





ACCOUNTANTS: Turner & Ellerby
Chartered Certified Accountants
5 Church Street
Framlingham
Woodbridge
Suffolk
IP13 9BQ

Walton International UK Limited (Registered number: 09679992)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33,214 39,355

CURRENT ASSETS
Debtors 5 1,623 2,822
Cash at bank 9,565 34,195
11,188 37,017
CREDITORS
Amounts falling due within one year 6 42,079 60,024
NET CURRENT LIABILITIES (30,891 ) (23,007 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,323

16,348

PROVISIONS FOR LIABILITIES 4,830 7,451
NET (LIABILITIES)/ASSETS (2,507 ) 8,897

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (2,607 ) 8,797
SHAREHOLDERS' FUNDS (2,507 ) 8,897

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Walton International UK Limited (Registered number: 09679992)

Balance Sheet - continued
31 December 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 30 August 2024 and were signed on its behalf by:





Mr T M D'Arcy - Director


Walton International UK Limited (Registered number: 09679992)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Walton International UK 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
At the 31 December 2023 the Company had net current liabilities. In meeting the Company's working capital requirements the directors have agreed to continue to support the Company for the next 12 months. On the basis that the directors consider, with their support, it appropriate to prepare the financial statements on a going concern basis, the financial statements do not contain any adjustments that would result from the withdrawal of their support.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer & office equipment - 33% on cost

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

Walton International UK Limited (Registered number: 09679992)

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

4. TANGIBLE FIXED ASSETS
Computer
Plant and Motor & office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 - 50,440 16,024 66,464
Additions 3,998 - - 3,998
At 31 December 2023 3,998 50,440 16,024 70,462
DEPRECIATION
At 1 January 2023 - 12,610 14,499 27,109
Charge for year 83 9,457 599 10,139
At 31 December 2023 83 22,067 15,098 37,248
NET BOOK VALUE
At 31 December 2023 3,915 28,373 926 33,214
At 31 December 2022 - 37,830 1,525 39,355

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 420 420
Directors' current accounts - 109
VAT 469 -
Prepayments 734 2,293
1,623 2,822

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 416 -
Tax - 584
VAT - 7,460
Directors' current accounts 39,663 49,980
Accrued expenses 2,000 2,000
42,079 60,024