2023-06-01 2024-05-31 false Capium Accounts Production 1.1 12022887 2023-06-01 2024-05-31 12022887 bus:FullAccounts 2023-06-01 2024-05-31 12022887 bus:Micro-entities 2023-06-01 2024-05-31 12022887 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 12022887 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 12022887 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12022887 2023-06-01 2024-05-31 12022887 2024-05-31 12022887 bus:RegisteredOffice 2023-06-01 2024-05-31 12022887 core:WithinOneYear 2024-05-31 12022887 core:AfterOneYear 2024-05-31 12022887 1 2023-06-01 2024-05-31 12022887 bus:Director1 2023-06-01 2024-05-31 12022887 bus:Director1 2024-05-31 12022887 bus:Director1 2022-06-01 2023-05-31 12022887 2022-06-01 12022887 bus:LeadAgentIfApplicable 2023-06-01 2024-05-31 12022887 2022-06-01 2023-05-31 12022887 2023-05-31 12022887 core:WithinOneYear 2023-05-31 12022887 core:AfterOneYear 2023-05-31 12022887 bus:EntityAccountantsOrAuditors 2022-06-01 2023-05-31 12022887 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 12022887 bus:OrdinaryShareClass1 2024-05-31 12022887 bus:OrdinaryShareClass1 2022-06-01 2023-05-31 12022887 bus:OrdinaryShareClass1 2023-05-31 12022887 core:CostValuation core:Non-currentFinancialInstruments 2024-05-31 12022887 core:CostValuation core:Non-currentFinancialInstruments 2023-05-31 12022887 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-05-31 12022887 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 12022887 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 12022887 core:Non-currentFinancialInstruments 2024-05-31 12022887 core:Non-currentFinancialInstruments 2023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12022887
England and Wales

 

 

 

WALTON CAR SALES LTD



Unaudited Financial Statements
 


Period of accounts

Start date: 01 June 2023

End date: 31 May 2024
Director Shahid Nawaz
Registered Number 12022887
Registered Office Imb1 Mancetter Square
Werrington
Peterborough
Cambridgeshire
PE4 6BX
Accountants aa Chartered Accountants
5 Blenheim Court
Peppercorn Close
Peterborough
United Kingdom
PE1 2DU
1
  2024   2023
    £ £   £ £
Current assets 50,582      48,727   
Prepayments and accrued income 1,645      1,892   
Creditors: amount falling due within one year (35,324)     (22,241)  
Net current assets   16,903      28,378 
Total assets less current liabilities   16,903      28,378 
Creditors: amount falling due after more than one year   (9,217)     (20,003)
Accruals and deferred income   (3,930)     (2,250)
Net assets   3,756      6,125 
 

         
Capital and reserves   3,756      6,125 
 
NOTES TO THE ACCOUNTS

General Information
Walton Car Sales Ltd is a private company, limited by shares, registered in England and Wales, registration number 12022887, registration address Imb1 Mancetter Square, Werrington, Peterborough, Cambridgeshire, PE4 6BX.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees including directors

Average number of employees during the year was 1 (2023 : 1).

3.

Director's Loans

The director has advanced to and has been advanced monies by the company during the year. The balance at 31 May 2024 is £60,021 owed to the director (2023: £9,655 owed by the director).

For the year ended 31 May 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 accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 29 May 2025 and were signed by:


--------------------------------
Shahid Nawaz
Director
2