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
Walker Tyres Limited
Company Information
for the year ended 30 April 2024
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
Walker Tyres Limited
Statement of financial position
as at 30 April 2024
Tangible assets
104,227
111,644
Cash at bank and in hand
22,301
32,238
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)
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
Walker Tyres Limited
Notes to the Accounts
for the year ended 30 April 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
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
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
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
Amounts falling due within one year
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
15,395
11,566
Taxes and social security
8,188
10,677
Loans from directors
2,365
1,628
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).