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REGISTERED NUMBER: 03331464 (England and Wales)


















AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

WALKDENS OF CHORLEY LIMITED

WALKDENS OF CHORLEY LIMITED (REGISTERED NUMBER: 03331464)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WALKDENS OF CHORLEY LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: Mrs E Mason
L J Mason



REGISTERED OFFICE: White Bear Yard
Park Road
Adlington
Chorley
Lancashire
PR7 4HZ



REGISTERED NUMBER: 03331464 (England and Wales)



AUDITORS: Fairhurst
Statutory Auditor
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB



BANKERS: Yorkshire Bank plc
3 Orchard Street
Preston
PR1 2EN

WALKDENS OF CHORLEY LIMITED (REGISTERED NUMBER: 03331464)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 400,000 400,000

CURRENT ASSETS
Debtors 5 568,271 490,419
Cash at bank and in hand 83 35
568,354 490,454
CREDITORS
Amounts falling due within one year 6 654,585 576,685
NET CURRENT LIABILITIES (86,231 ) (86,231 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

313,769

313,769

PROVISIONS FOR LIABILITIES 7 37,513 37,513
NET ASSETS 276,256 276,256

CAPITAL AND RESERVES
Called up share capital 14,600 14,600
Non distributable reserves 8 309,266 309,266
Retained earnings 8 (47,610 ) (47,610 )
SHAREHOLDERS' FUNDS 276,256 276,256

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by:





L J Mason - Director


WALKDENS OF CHORLEY LIMITED (REGISTERED NUMBER: 03331464)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Walkdens of Chorley 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 initially recorded at cost then subsequently at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
The following assets and liabilities are classified as basic financial instruments - trade debtors, trade creditors and related party loans. Basic financial instruments are recognised at amortised cost.

Related party loans have no stated interest rate, are payable on demand and are measured at the undiscounted amount due.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 400,000
NET BOOK VALUE
At 31 December 2023 400,000
At 31 December 2022 400,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 568,271 490,419

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 30,951
Amounts owed to group undertakings 654,585 545,734
654,585 576,685

WALKDENS OF CHORLEY LIMITED (REGISTERED NUMBER: 03331464)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 37,513 37,513

Deferred
tax
£   
Balance at 1 January 2023 37,513
Balance at 31 December 2023 37,513

8. RESERVES
Non
Retained distributable
earnings reserves Totals
£    £    £   

At 1 January 2023 (47,610 ) 309,266 261,656
Profit for the year - - -
At 31 December 2023 (47,610 ) 309,266 261,656

Non distributable reserves relates to the revaluation amount of investment properties.

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John B S Fairhurst BA(Hons) FCA (Senior Statutory Auditor)
for and on behalf of Fairhurst

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11. ULTIMATE PARENT COMPANY

The company's immediate parent company is Chorley Yamaha Centre Limited, however its ultimate parent company is 2 Moto Limited, which prepares group financial statements. Accounts for 2 Moto Limited can be obtained from its registered office, White Bear Yard, Park Road, Adlington, Chorley, PR7 4HZ.