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REGISTERED NUMBER: 01166831 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

THEAKSTON WALLER LIMITED

THEAKSTON WALLER LIMITED (REGISTERED NUMBER: 01166831)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


THEAKSTON WALLER LIMITED (REGISTERED NUMBER: 01166831)

ABRIDGED BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 769 768
Investment property 5 840,000 840,000
840,769 840,768

CURRENT ASSETS
Stocks 7,827 7,827
Debtors 10,920,206 5,833,319
Cash at bank 33,208 39,506
10,961,241 5,880,652
CREDITORS
Amounts falling due within one year 2,723,092 12,460
NET CURRENT ASSETS 8,238,149 5,868,192
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,078,918

6,708,960

PROVISIONS FOR LIABILITIES 33,775 25,669
NET ASSETS 9,045,143 6,683,291

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 6 481,967 490,073
Retained earnings 8,563,076 6,193,118
SHAREHOLDERS' FUNDS 9,045,143 6,683,291

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

THEAKSTON WALLER LIMITED (REGISTERED NUMBER: 01166831)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 31 October 2024 and were signed on its behalf by:




Mr I J Waller - Director



Mr M T Corney - Director


THEAKSTON WALLER LIMITED (REGISTERED NUMBER: 01166831)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Theakston Waller Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 01166831

Registered office: 'Southlands'
The Avenue
Eaglescliffe
Stockton-on-Tees
TS16 9AS

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rent and service charges due in the accounting period (as adjusted for amounts received in advance) and the amounts derived from the sale of land.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in associates
Investments in associate undertakings are recognised at cost.

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.

Deferred taxation is provided on gains.

Stocks
Stocks are stated at the lower of cost and net realisable value.


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.


THEAKSTON WALLER LIMITED (REGISTERED NUMBER: 01166831)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


2. ACCOUNTING POLICIES - continued
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.

Investments
Investments are included at cost less amounts written off. Profits or losses arising from disposals of fixed asset investments are treated as part of the result from ordinary activities.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£
COST
At 1 February 2023 768
Additions 1
At 31 January 2024 769
NET BOOK VALUE
At 31 January 2024 769
At 31 January 2023 768

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 February 2023
and 31 January 2024 840,000
NET BOOK VALUE
At 31 January 2024 840,000
At 31 January 2023 840,000

In the opinion of the directors, this is a reasonable estimation of market value at 31st January 2024.

THEAKSTON WALLER LIMITED (REGISTERED NUMBER: 01166831)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


5. INVESTMENT PROPERTY - continued

Fair value at 31 January 2024 is represented by:
£
Valuation in 1994 71,255
Valuation in 2002 60,000
Valuation in 2005 80,000
Valuation in 2011 50,000
Valuation in 2014 194,652
Valuation in 2016 29,835
Valuation in 2017 120,000
Valuation in 2018 (40,000 )
Valuation in 2020 (25,000 )
Valuation in 2022 (25,000 )
Cost 324,258
840,000

6. RESERVES
Fair value
reserve
£
At 1 February 2023 490,073
Transfer in year (8,106 )

At 31 January 2024 481,967

7. RELATED PARTY DISCLOSURES

At 31 January 2024 £10,494,289 (2023: £5,529,188) was owed from companies in which Theakston Waller Limited has a participating interest and £2,713,500 (2023: £0) was owed to companies in which Theakston Waller Ltd has a participating interest.

8. POST BALANCE SHEET EVENTS

A dividend of £10 per share was paid in April 2024.