1
false
false
false
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false
false
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true
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No description of principal activity
2023-05-01
Sage Accounts Production Advanced 2023 - FRS102_2023
83,073
26,767
16,615
43,382
39,691
56,306
xbrli:pure
xbrli:shares
iso4217:GBP
11926965
2023-05-01
2024-04-30
11926965
2024-04-30
11926965
2023-04-30
11926965
2022-05-01
2023-04-30
11926965
2023-04-30
11926965
2022-04-30
11926965
core:PlantMachinery
2023-05-01
2024-04-30
11926965
bus:OrdinaryShareClass1
2023-05-01
2024-04-30
11926965
bus:Director1
2023-05-01
2024-04-30
11926965
core:WithinOneYear
2024-04-30
11926965
core:WithinOneYear
2023-04-30
11926965
core:PlantMachinery
2023-04-30
11926965
core:PlantMachinery
2024-04-30
11926965
core:AfterOneYear
2024-04-30
11926965
core:AfterOneYear
2023-04-30
11926965
core:ShareCapital
2024-04-30
11926965
core:ShareCapital
2023-04-30
11926965
core:RetainedEarningsAccumulatedLosses
2024-04-30
11926965
core:RetainedEarningsAccumulatedLosses
2023-04-30
11926965
core:PlantMachinery
2023-04-30
11926965
bus:Director1
2023-04-30
11926965
bus:Director1
2022-04-30
11926965
bus:SmallEntities
2023-05-01
2024-04-30
11926965
bus:AuditExemptWithAccountantsReport
2023-05-01
2024-04-30
11926965
bus:SmallCompaniesRegimeForAccounts
2023-05-01
2024-04-30
11926965
bus:PrivateLimitedCompanyLtd
2023-05-01
2024-04-30
11926965
bus:FullAccounts
2023-05-01
2024-04-30
11926965
bus:OrdinaryShareClass1
2024-04-30
11926965
bus:OrdinaryShareClass1
2023-04-30
11926965
core:AfterOneYear
2023-05-01
2024-04-30
COMPANY REGISTRATION NUMBER:
11926965
D Walker Transport Limited |
|
Filleted Unaudited Financial Statements |
|
D Walker Transport Limited |
|
Year ended 30 April 2024
Statement of financial position |
1 |
|
|
Notes to the financial statements |
3 |
|
|
D Walker Transport Limited |
|
Statement of Financial Position |
|
30 April 2024
Fixed assets
Tangible assets |
5 |
|
39,691 |
|
56,306 |
|
|
|
|
|
|
Current assets
Debtors |
6 |
33,369 |
|
25,081 |
|
Cash at bank and in hand |
949 |
|
4,316 |
|
|
-------- |
|
-------- |
|
|
34,318 |
|
29,397 |
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
7 |
45,997 |
|
39,015 |
|
|
-------- |
|
-------- |
|
Net current liabilities |
|
11,679 |
|
9,618 |
|
|
-------- |
|
-------- |
Total assets less current liabilities |
|
28,012 |
|
46,688 |
|
|
|
|
|
|
Creditors: amounts falling due after more than one year |
8 |
|
27,467 |
|
44,599 |
|
|
-------- |
|
-------- |
Net assets |
|
545 |
|
2,089 |
|
|
-------- |
|
-------- |
|
|
|
|
|
|
Capital and reserves
Called up share capital |
9 |
|
100 |
|
100 |
Profit and loss account |
|
445 |
|
1,989 |
|
|
---- |
|
------- |
Shareholders funds |
|
545 |
|
2,089 |
|
|
---- |
|
------- |
|
|
|
|
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
D Walker Transport Limited |
|
Statement of Financial Position (continued) |
|
30 April 2024
These financial statements were approved by the
board of directors
and authorised for issue on
29 April 2025
, and are signed on behalf of the board by:
Company registration number:
11926965
D Walker Transport Limited |
|
Notes to the Financial Statements |
|
Year ended 30 April 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Printing House, 66 Lower Road, Harrow, HA2 0DH, London, United Kingdom.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Plant and machinery |
- |
20% straight line |
|
|
|
|
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. the cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2023:
1
).
5.
Tangible assets
|
Plant and machinery |
|
£ |
Cost |
|
At 1 May 2023 and 30 April 2024 |
83,073 |
|
-------- |
Depreciation |
|
At 1 May 2023 |
26,767 |
Charge for the year |
16,615 |
|
-------- |
At 30 April 2024 |
43,382 |
|
-------- |
Carrying amount |
|
At 30 April 2024 |
39,691 |
|
-------- |
At 30 April 2023 |
56,306 |
|
-------- |
|
|
6.
Debtors
|
2024 |
2023 |
|
£ |
£ |
Trade debtors |
23,400 |
25,081 |
Director's loan account |
9,969 |
– |
|
-------- |
-------- |
|
33,369 |
25,081 |
|
-------- |
-------- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
2024 |
2023 |
|
£ |
£ |
Bank loans and overdrafts |
10,182 |
9,950 |
Trade creditors |
11,602 |
12,774 |
Accruals and deferred income |
1,500 |
1,500 |
Corporation tax |
11,635 |
5,473 |
Social security and other taxes |
2,601 |
1,150 |
Obligations under finance leases and hire purchase contracts |
8,477 |
8,076 |
Director loan accounts |
– |
92 |
|
-------- |
-------- |
|
45,997 |
39,015 |
|
-------- |
-------- |
|
|
|
The hire purchase agreements are secured on the assets to which they relate. The bank loans and overdrafts amount relates to a Bounce Back loan which is secured by a government guarantee.
8.
Creditors:
amounts falling due after more than one year
|
2024 |
2023 |
|
£ |
£ |
Bank loans and overdrafts |
13,093 |
22,437 |
Obligations under finance leases and hire purchase contracts |
14,374 |
22,162 |
|
-------- |
-------- |
|
27,467 |
44,599 |
|
-------- |
-------- |
|
|
|
The hire purchase agreements are secured on the assets to which they relate. The bank loans and overdrafts amount relates to a Bounce Back loan which is secured by a government guarantee.
9.
Called up share capital
Issued, called up and fully paid
|
2024 |
2023 |
|
No. |
£ |
No. |
£ |
Ordinary shares of £ 1 each |
100 |
100 |
100 |
100 |
|
---- |
---- |
---- |
---- |
|
|
|
|
|
10.
Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
|
Balance brought forward and outstanding |
|
2024 |
2023 |
|
£ |
£ |
Mr D Walker |
9,969 |
(
92) |
|
------- |
---- |
|
|
|
The maximum amount outstanding on the directors loan account during the period was £9,969