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Company Registration No. 04914610 (England and Wales)
Walker Tyres Limited Unaudited accounts for the year ended 30 April 2024
Walker Tyres Limited Unaudited accounts Contents
Page
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Walker Tyres Limited Company Information for the year ended 30 April 2024
Director
Ian Walker
Company Number
04914610 (England and Wales)
Registered Office
COMPOUND 4 TUDHOE INDUSTRIAL EST SPENNYMOOR DURHAM DL16 6TL
Accountants
Fresh Business Solutions Limited 4 King Street Spennymoor Durham DL16 6QG
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Walker Tyres Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
104,227 
111,644 
Current assets
Inventories
18,500 
18,500 
Debtors
44,396 
6,792 
Cash at bank and in hand
22,301 
32,238 
85,197 
57,530 
Creditors: amounts falling due within one year
(26,246)
(23,870)
Net current assets
58,951 
33,660 
Total assets less current liabilities
163,178 
145,304 
Creditors: amounts falling due after more than one year
(46,544)
(56,160)
Net assets
116,634 
89,144 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
116,633 
89,143 
Shareholders' funds
116,634 
89,144 
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 January 2025 and were signed on its behalf by
Ian Walker Director Company Registration No. 04914610
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Walker Tyres Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Walker Tyres Limited is a private company, limited by shares, registered in England and Wales, registration number 04914610. The registered office is COMPOUND 4 TUDHOE INDUSTRIAL EST, SPENNYMOOR, DURHAM, DL16 6TL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% SL
Plant & machinery
20% RB
Motor vehicles
25% RB
Computer equipment
25% RB
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
30,000 
At 30 April 2024
30,000 
Amortisation
At 1 May 2023
30,000 
At 30 April 2024
30,000 
Net book value
At 30 April 2024
- 
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Walker Tyres Limited Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 May 2023
147,985 
69,972 
32,050 
1,893 
251,900 
At 30 April 2024
147,985 
69,972 
32,050 
1,893 
251,900 
Depreciation
At 1 May 2023
44,398 
60,809 
33,188 
1,861 
140,256 
Charge for the year
2,960 
2,633 
1,816 
8 
7,417 
At 30 April 2024
47,358 
63,442 
35,004 
1,869 
147,673 
Net book value
At 30 April 2024
100,627 
6,530 
(2,954)
24 
104,227 
At 30 April 2023
103,587 
9,163 
(1,138)
32 
111,644 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
6,736 
3,251 
Trade debtors
619 
3,541 
7,355 
6,792 
Amounts falling due after more than one year
Other debtors
37,041 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
15,395 
11,566 
Taxes and social security
8,188 
10,677 
Other creditors
298 
(1)
Loans from directors
2,365 
1,628 
26,246 
23,870 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
46,544 
56,160 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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