Acorah Software Products - Accounts Production 16.0.110 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 09782272 Mr Benjamin Walker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09782272 2023-09-30 09782272 2024-09-30 09782272 2023-10-01 2024-09-30 09782272 frs-core:CurrentFinancialInstruments 2024-09-30 09782272 frs-core:Non-currentFinancialInstruments 2024-09-30 09782272 frs-core:ComputerEquipment 2024-09-30 09782272 frs-core:ComputerEquipment 2023-10-01 2024-09-30 09782272 frs-core:ComputerEquipment 2023-09-30 09782272 frs-core:FurnitureFittings 2024-09-30 09782272 frs-core:FurnitureFittings 2023-10-01 2024-09-30 09782272 frs-core:FurnitureFittings 2023-09-30 09782272 frs-core:MotorVehicles 2024-09-30 09782272 frs-core:MotorVehicles 2023-10-01 2024-09-30 09782272 frs-core:MotorVehicles 2023-09-30 09782272 frs-core:PlantMachinery 2024-09-30 09782272 frs-core:PlantMachinery 2023-10-01 2024-09-30 09782272 frs-core:PlantMachinery 2023-09-30 09782272 frs-core:ShareCapital 2024-09-30 09782272 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 09782272 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09782272 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 09782272 frs-bus:SmallEntities 2023-10-01 2024-09-30 09782272 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09782272 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09782272 frs-bus:Director1 2023-10-01 2024-09-30 09782272 frs-bus:Director1 2023-09-30 09782272 frs-bus:Director1 2024-09-30 09782272 frs-countries:EnglandWales 2023-10-01 2024-09-30 09782272 2022-09-30 09782272 2023-09-30 09782272 2022-10-01 2023-09-30 09782272 frs-core:CurrentFinancialInstruments 2023-09-30 09782272 frs-core:Non-currentFinancialInstruments 2023-09-30 09782272 frs-core:ShareCapital 2023-09-30 09782272 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 09782272
Walker Maintenance Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
SeavorChartered
Chartered Accountants & Tax Advisers
Clifford Court
Cooper Way
Carlisle
Cumbria
CA3 0JG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09782272
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 165,969 155,314
165,969 155,314
CURRENT ASSETS
Stocks 5 3,532 2,639
Debtors 6 298,596 287,166
Cash at bank and in hand 169,374 88,365
471,502 378,170
Creditors: Amounts Falling Due Within One Year 7 (204,897 ) (218,925 )
NET CURRENT ASSETS (LIABILITIES) 266,605 159,245
TOTAL ASSETS LESS CURRENT LIABILITIES 432,574 314,559
Creditors: Amounts Falling Due After More Than One Year 8 (93,312 ) (109,713 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (41,492 ) (27,784 )
NET ASSETS 297,770 177,062
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 297,670 176,962
SHAREHOLDERS' FUNDS 297,770 177,062
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For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Benjamin Walker
Director
12 November 2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Walker Maintenance Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09782272 . The registered office is Unit 23, Orion Way, Orion Business Park, North Shields, NE29 7SN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 20% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 30 (2023: 31)
30 31
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2023 14,252 248,891 1,229 10,307 274,679
Additions 723 84,442 - 1,846 87,011
Disposals - (88,241 ) - - (88,241 )
As at 30 September 2024 14,975 245,092 1,229 12,153 273,449
Depreciation
As at 1 October 2023 8,587 105,036 600 5,142 119,365
Provided during the period 1,516 30,151 126 1,266 33,059
Disposals - (44,944 ) - - (44,944 )
As at 30 September 2024 10,103 90,243 726 6,408 107,480
Net Book Value
As at 30 September 2024 4,872 154,849 503 5,745 165,969
As at 1 October 2023 5,665 143,855 629 5,165 155,314
5. Stocks
2024 2023
£ £
Stock 3,532 2,639
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 263,143 233,803
Prepayments and accrued income 4,445 27,847
Other debtors 1,883 1,939
Director's loan account 29,125 23,577
298,596 287,166
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 33,869 49,529
Trade creditors 904 2,035
Bank loans and overdrafts - 23,135
Corporation tax 47,321 44,770
Other taxes and social security 10,882 10,167
VAT 98,083 80,894
Other creditors 11,022 7,634
Accruals and deferred income 2,816 761
204,897 218,925
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 93,312 87,850
Bank loans - 21,863
93,312 109,713
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 127,183 137,153
Bank loans and overdrafts - 44,998
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mr Benjamin Walker 23,631 35,428 (25,404 ) - 29,125
The above loan is unsecured and repayable on demand.
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