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REGISTERED NUMBER: 06569305 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Walker Signs Limited

Walker Signs Limited (Registered number: 06569305)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Walker Signs Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: M T Walker
Mrs C Walker





SECRETARY: Mrs C Walker





REGISTERED OFFICE: 171 Wythenshaw Road
Northern Moor
Manchester
Lancashire
M23 0AD





REGISTERED NUMBER: 06569305 (England and Wales)





ACCOUNTANTS: Michael Astin Accountancy Services
95 Tarnside Close
Rochdale
Greater Manchester
OL16 2QD

Walker Signs Limited (Registered number: 06569305)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 119,193 131,741

CURRENT ASSETS
Debtors 5 56,108 54,914
Cash at bank 49,657 91,183
105,765 146,097
CREDITORS
Amounts falling due within one year 6 21,473 45,223
NET CURRENT ASSETS 84,292 100,874
TOTAL ASSETS LESS CURRENT
LIABILITIES

203,485

232,615

CREDITORS
Amounts falling due after more than
one year

7

22,637

33,403
NET ASSETS 180,848 199,212

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 180,846 199,210
SHAREHOLDERS' FUNDS 180,848 199,212

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Walker Signs Limited (Registered number: 06569305)

Balance Sheet - continued
30 April 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 Board of Directors and authorised for issue on 10 January 2025 and were signed on its behalf by:





M T Walker - Director


Walker Signs Limited (Registered number: 06569305)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Walker Signs Limited 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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

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.

Walker Signs Limited (Registered number: 06569305)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 34,957 172,629 54,773 1,557 263,916
Additions - - - 2,599 2,599
At 30 April 2024 34,957 172,629 54,773 4,156 266,515
DEPRECIATION
At 1 May 2023 - 78,239 52,898 1,038 132,175
Charge for year - 14,159 469 519 15,147
At 30 April 2024 - 92,398 53,367 1,557 147,322
NET BOOK VALUE
At 30 April 2024 34,957 80,231 1,406 2,599 119,193
At 30 April 2023 34,957 94,390 1,875 519 131,741

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 56,108 54,914

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 2,981 14,019
Tax 15,515 25,227
VAT 1,092 1,092
Directors' current accounts 785 3,785
Accrued expenses 1,100 1,100
21,473 45,223

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans (see note 8) 22,637 33,403

Walker Signs Limited (Registered number: 06569305)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. LOANS

An analysis of the maturity of loans is given below:

30.4.24 30.4.23
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 22,637 33,403