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REGISTERED NUMBER: 12575339 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Walker Cole International Ltd

Walker Cole International Ltd (Registered number: 12575339)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Walker Cole International Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr Andrew James Davis
Mr Gary Peter Eldridge
Mr Christopher Leslie Sowden





REGISTERED OFFICE: 46 New Broad Street
London
EC2M 1JH





REGISTERED NUMBER: 12575339 (England and Wales)





ACCOUNTANTS: AFE Accountants Limited
North London Business Park
Oakleigh Road South
New Southgate
London
N11 1GN

Walker Cole International Ltd (Registered number: 12575339)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 87,595 113,263

CURRENT ASSETS
Debtors 5 838,252 893,429
Cash at bank and in hand 850,409 612,516
1,688,661 1,505,945
CREDITORS
Amounts falling due within one year 6 674,479 795,985
NET CURRENT ASSETS 1,014,182 709,960
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,101,777

823,223

CREDITORS
Amounts falling due after more than
one year

7

77,215

79,512
NET ASSETS 1,024,562 743,711

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,024,462 743,611
1,024,562 743,711

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.

Walker Cole International Ltd (Registered number: 12575339)

Statement of Financial Position - 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 24 September 2024 and were signed on its behalf by:





Mr Andrew James Davis - Director


Walker Cole International Ltd (Registered number: 12575339)

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

1. STATUTORY INFORMATION

Walker Cole International 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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 19 (2022 - 12 ) .

Walker Cole International Ltd (Registered number: 12575339)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 156,944
Additions 4,453
At 31 December 2023 161,397
DEPRECIATION
At 1 January 2023 43,681
Charge for year 30,121
At 31 December 2023 73,802
NET BOOK VALUE
At 31 December 2023 87,595
At 31 December 2022 113,263

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 734,594 833,562
Other debtors 103,658 59,867
838,252 893,429

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 7,768 13,251
Trade creditors 310,215 315,185
Taxation and social security 270,142 353,276
Other creditors 86,354 114,273
674,479 795,985

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 77,215 79,512

Walker Cole International Ltd (Registered number: 12575339)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 December 2023 and the period ended 31 December 2022:

31.12.23 31.12.22
£    £   
Mr Andrew James Davis
Balance outstanding at start of year (18,011 ) (45,966 )
Amounts advanced 82,640 75,405
Amounts repaid (46,200 ) (47,450 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 18,429 (18,011 )

Mr Gary Peter Eldridge
Balance outstanding at start of year (14,329 ) 27
Amounts advanced 72,954 59,094
Amounts repaid (51,200 ) (73,450 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,425 (14,329 )

Mr Christopher Leslie Sowden
Balance outstanding at start of year (469 ) 24
Amounts advanced 55,506 147,957
Amounts repaid (51,200 ) (148,450 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,837 (469 )

During the year, dividends totaling £145,000 were declared and distributed as follows:

Andrew James Davis: £45,000
Gary Peter Eldridge: £50,000
Christopher Leslie Sowden: £50,000

Additionally, interest is charged on any overdrawn balances at the official HMRC interest rate.