IRIS Accounts Production v24.3.0.553 09158644 Board of Directors Board of Directors 1.9.23 31.8.24 31.8.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh091586442023-08-31091586442024-08-31091586442023-09-012024-08-31091586442022-08-31091586442022-09-012023-08-31091586442023-08-3109158644ns15:EnglandWales2023-09-012024-08-3109158644ns14:PoundSterling2023-09-012024-08-3109158644ns10:Director12023-09-012024-08-3109158644ns10:Director22023-09-012024-08-3109158644ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3109158644ns10:SmallEntities2023-09-012024-08-3109158644ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3109158644ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3109158644ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3109158644ns10:FullAccounts2023-09-012024-08-310915864412023-09-012024-08-3109158644ns10:RegisteredOffice2023-09-012024-08-3109158644ns5:CurrentFinancialInstruments2024-08-3109158644ns5:CurrentFinancialInstruments2023-08-3109158644ns5:Non-currentFinancialInstruments2024-08-3109158644ns5:Non-currentFinancialInstruments2023-08-3109158644ns5:ShareCapital2024-08-3109158644ns5:ShareCapital2023-08-3109158644ns5:RetainedEarningsAccumulatedLosses2024-08-3109158644ns5:RetainedEarningsAccumulatedLosses2023-08-3109158644ns5:NetGoodwill2023-09-012024-08-3109158644ns5:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3109158644ns5:PlantMachinery2023-09-012024-08-3109158644ns5:FurnitureFittings2023-09-012024-08-3109158644ns5:MotorVehicles2023-09-012024-08-3109158644ns5:ComputerEquipment2023-09-012024-08-3109158644ns5:NetGoodwill2023-08-3109158644ns5:NetGoodwill2024-08-3109158644ns5:NetGoodwill2023-08-3109158644ns5:PlantMachinery2023-08-3109158644ns5:FurnitureFittings2023-08-3109158644ns5:MotorVehicles2023-08-3109158644ns5:ComputerEquipment2023-08-3109158644ns5:PlantMachinery2024-08-3109158644ns5:FurnitureFittings2024-08-3109158644ns5:MotorVehicles2024-08-3109158644ns5:ComputerEquipment2024-08-3109158644ns5:PlantMachinery2023-08-3109158644ns5:FurnitureFittings2023-08-3109158644ns5:MotorVehicles2023-08-3109158644ns5:ComputerEquipment2023-08-3109158644ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3109158644ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3109158644ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-08-3109158644ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-08-3109158644ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-08-3109158644ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-08-31
REGISTERED NUMBER: 09158644 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Walkers Walls and Floors Ltd

Walkers Walls and Floors Ltd (Registered number: 09158644)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Walkers Walls and Floors Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: N A Cashmore
J J Walker





REGISTERED OFFICE: c/o ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB





REGISTERED NUMBER: 09158644 (England and Wales)





ACCOUNTANTS: ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB

Walkers Walls and Floors Ltd (Registered number: 09158644)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 2,000
Tangible assets 5 98,077 87,145
98,077 89,145

CURRENT ASSETS
Stocks 16,000 84,000
Debtors 6 87,136 8,819
Cash at bank 93,359 76,236
196,495 169,055
CREDITORS
Amounts falling due within one year 7 61,475 25,925
NET CURRENT ASSETS 135,020 143,130
TOTAL ASSETS LESS CURRENT
LIABILITIES

233,097

232,275

CREDITORS
Amounts falling due after more than one
year

8

(10,000

)

(20,000

)

PROVISIONS FOR LIABILITIES (12,671 ) (10,214 )
NET ASSETS 210,426 202,061

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 210,326 201,961
SHAREHOLDERS' FUNDS 210,426 202,061

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Walkers Walls and Floors Ltd (Registered number: 09158644)

Balance Sheet - continued
31 August 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 21 February 2025 and were signed on its behalf by:




N A Cashmore - Director



J J Walker - Director


Walkers Walls and Floors Ltd (Registered number: 09158644)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Walkers Walls and Floors 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 represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tools and equipment - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Walkers Walls and Floors Ltd (Registered number: 09158644)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 20,000
AMORTISATION
At 1 September 2023 18,000
Amortisation for year 2,000
At 31 August 2024 20,000
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 2,000

5. TANGIBLE FIXED ASSETS
Fixtures
Tools and and Motor Computer
equipment fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 32,283 236 140,696 2,574 175,789
Additions - - 51,219 - 51,219
Disposals - - (45,409 ) - (45,409 )
At 31 August 2024 32,283 236 146,506 2,574 181,599
DEPRECIATION
At 1 September 2023 11,737 181 74,152 2,574 88,644
Charge for year 4,109 8 27,197 - 31,314
Eliminated on disposal - - (36,436 ) - (36,436 )
At 31 August 2024 15,846 189 64,913 2,574 83,522
NET BOOK VALUE
At 31 August 2024 16,437 47 81,593 - 98,077
At 31 August 2023 20,546 55 66,544 - 87,145

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 81,523 1,498
VAT 2,921 4,611
Prepayments 2,692 2,710
87,136 8,819

Walkers Walls and Floors Ltd (Registered number: 09158644)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 25,449 -
Corporation tax 25,147 8,892
Directors' current accounts 77 6,232
Accrued expenses 802 801
61,475 25,925

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years - 10,000
10,000 20,000

9. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.