Company Registration No. 05835154 (England and Wales)
A G Walton Limited
Unaudited accounts
for the year ended 30 June 2024
A G Walton Limited
Unaudited accounts
Contents
A G Walton Limited
Company Information
for the year ended 30 June 2024
Directors
Andrew George Walton
Joy Amanda Baker
Company Number
05835154 (England and Wales)
Registered Office
4 Shelsley Drive
Upper Colwall
Malvern
Worcestershire
WR13 6PS
England
Accountants
Turl & Co Ltd
Unit 1, The Park
Spring Lane South
Malvern
Worcestershire
WR14 1AT
A G Walton Limited
Statement of financial position
as at 30 June 2024
Tangible assets
55,789
53,702
Cash at bank and in hand
45,520
67,056
Creditors: amounts falling due within one year
(12,301)
(27,311)
Net current assets
36,707
44,832
Called up share capital
100
100
Profit and loss account
92,396
98,434
Shareholders' funds
92,496
98,534
For the year ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 17 February 2025 and were signed on its behalf by
Andrew George Walton
Director
Company Registration No. 05835154
A G Walton Limited
Notes to the Accounts
for the year ended 30 June 2024
A G Walton Limited is a private company, limited by shares, registered in England and Wales, registration number 05835154. The registered office is 4 Shelsley Drive, Upper Colwall, Malvern, Worcestershire, WR13 6PS, England.
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.
These financial statements for the year ended 30 June 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
A G Walton Limited
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
98,960
76,545
5,192
180,697
Additions
23,988
-
283
24,271
Disposals
(15,519)
-
-
(15,519)
At 30 June 2024
107,429
76,545
5,475
189,449
At 1 July 2023
59,621
63,916
3,458
126,995
Charge for the year
9,350
3,157
463
12,970
On disposals
(6,305)
-
-
(6,305)
At 30 June 2024
62,666
67,073
3,921
133,660
At 30 June 2024
44,763
9,472
1,554
55,789
At 30 June 2023
39,339
12,629
1,734
53,702
Amounts falling due within one year
Accrued income and prepayments
933
1,069
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
6,720
3,723
Taxes and social security
4,196
6,415
Loans from directors
1,337
10,100
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).