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REGISTERED NUMBER: 11281869 (England and Wales)
























Walnuts Investments Ltd

Financial Statements for the Year Ended 31st March 2024






Walnuts Investments Ltd (Registered number: 11281869)

Contents of the Financial Statements
for the Year Ended 31st March 2024










Page

Company information 1

Abridged balance sheet 2

Notes to the financial statements 4


Walnuts Investments Ltd

Company Information
for the Year Ended 31st March 2024







Director: S Phillips





Registered office: Unit A
82 James Carter Road
Mildenhall
Suffolk
IP28 7DE





Registered number: 11281869 (England and Wales)





Accountants: A.J. Lewis
Chartered Accountant
Lewis & Son Accountants Limited
37 Stoke Road
Blisworth
Northampton
NN7 3BZ

Walnuts Investments Ltd (Registered number: 11281869)

Abridged Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 3 218 291
Investment property 4 1,228,210 1,228,210
1,228,428 1,228,501

Current assets
Debtors 594,649 591,500
Investments 1,385,875 1,184,858
Cash at bank 14,761 16,751
1,995,285 1,793,109
Creditors
Amounts falling due within one year 2,786,931 2,835,733
Net current liabilities (791,646 ) (1,042,624 )
Total assets less current liabilities 436,782 185,877

Creditors
Amounts falling due after more than one
year

5

597,545

597,545
Net liabilities (160,763 ) (411,668 )

Capital and reserves
Called up share capital 100 100
Retained earnings (160,863 ) (411,768 )
(160,763 ) (411,668 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Walnuts Investments Ltd (Registered number: 11281869)

Abridged Balance Sheet - continued
31st March 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 Balance sheet for the year ended 31st March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 director and authorised for issue on 25th October 2024 and were signed by:





S Phillips - Director


Walnuts Investments Ltd (Registered number: 11281869)

Notes to the Financial Statements
for the Year Ended 31st March 2024


1. 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.

Revenue recognition
The company recognises revenue as the right to the rental income accrues due.

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

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.

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Current asset investments
Current asset investments are valued at market value at the balance sheet date.

2. Employees and directors

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

Walnuts Investments Ltd (Registered number: 11281869)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024


3. Tangible fixed assets
Totals
£   
Cost
At 1st April 2023
and 31st March 2024 517
Depreciation
At 1st April 2023 226
Charge for year 73
At 31st March 2024 299
Net book value
At 31st March 2024 218
At 31st March 2023 291

4. Investment property
Total
£   
Fair value
At 1st April 2023
and 31st March 2024 1,228,210
Net book value
At 31st March 2024 1,228,210
At 31st March 2023 1,228,210

Fair value at 31st March 2024 is represented by:
£   
Valuation in 2023 108,505
Cost 1,119,705
1,228,210

5. Creditors: amounts falling due after more than five years
2024 2023
£    £   
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 597,545 597,545