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REGISTERED NUMBER: 11661656 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Walker & Stone Property Ltd

Walker & Stone Property Ltd (Registered number: 11661656)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Walker & Stone Property Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: M Walker





SECRETARY:





REGISTERED OFFICE: Unit 14 Elgar Business Centre
Moseley Road
Hallow
Worcester
Worcestershire
WR2 6NJ





REGISTERED NUMBER: 11661656 (England and Wales)





ACCOUNTANTS: SW&A Accountants
Unit 14
Elgar Business Centre
Moseley Road
Worcester
Worcestershire
WR2 6NJ

Walker & Stone Property Ltd (Registered number: 11661656)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 635,000 525,000

CURRENT ASSETS
Debtors 5 58,026 58,026
Cash at bank 5,696 429
63,722 58,455
CREDITORS
Amounts falling due within one year 6 7,647 18,356
NET CURRENT ASSETS 56,075 40,099
TOTAL ASSETS LESS CURRENT
LIABILITIES

691,075

565,099

CREDITORS
Amounts falling due after more than
one year

7

502,036

424,199
NET ASSETS 189,039 140,900

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 188,939 140,800
189,039 140,900

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 & Stone Property Ltd (Registered number: 11661656)

Balance Sheet - continued
29 February 2024


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 director and authorised for issue on 13 November 2024 and were signed by:





M Walker - Director


Walker & Stone Property Ltd (Registered number: 11661656)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Walker & Stone Property 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 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.

3. EMPLOYEES AND DIRECTORS

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

Walker & Stone Property Ltd (Registered number: 11661656)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 March 2023 525,000
Additions 110,000
At 29 February 2024 635,000
NET BOOK VALUE
At 29 February 2024 635,000
At 28 February 2023 525,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Other debtors 58,026 58,026

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Taxation and social security - 434
Other creditors 7,647 17,922
7,647 18,356

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans 25,495 30,449
Other creditors 476,541 393,750
502,036 424,199

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 476,541 393,750