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REGISTERED NUMBER: 04817105 (England and Wales)






















B. Walker Skip Hire Limited

Unaudited Financial Statements for the Year Ended 31 October 2024






B. Walker Skip Hire Limited (Registered number: 04817105)






Contents of the Financial Statements
for the year ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B. Walker Skip Hire Limited

Company Information
for the year ended 31 October 2024







DIRECTORS: B Walker
W R Walker
Mrs M D Holder





REGISTERED OFFICE: 90-100 York Street
HULL
East Yorkshire
HU2 0QD





REGISTERED NUMBER: 04817105 (England and Wales)





ACCOUNTANTS: Smailes Goldie
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire HU2 8BA

B. Walker Skip Hire Limited (Registered number: 04817105)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 387,240 355,493

CURRENT ASSETS
Stocks 900 1,700
Debtors 5 38,948 41,947
Cash at bank and in hand 102,364 51,058
142,212 94,705
CREDITORS
Amounts falling due within one year 6 89,469 76,643
NET CURRENT ASSETS 52,743 18,062
TOTAL ASSETS LESS CURRENT
LIABILITIES

439,983

373,555

PROVISIONS FOR LIABILITIES 62,235 54,013
NET ASSETS 377,748 319,542

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 376,748 318,542
SHAREHOLDERS' FUNDS 377,748 319,542

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

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

B. Walker Skip Hire Limited (Registered number: 04817105)

Balance Sheet - continued
31 October 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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 May 2025 and were signed on its behalf by:




B Walker - Director



Mrs M D Holder - Director


B. Walker Skip Hire Limited (Registered number: 04817105)

Notes to the Financial Statements
for the year ended 31 October 2024

1. STATUTORY INFORMATION

B. Walker Skip Hire Limited 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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods
Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

Rendering of services
When the outcome of a transaction can be estimated reliably, turnover from skip hire is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to hire periods.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the term of the lease, whichever is the shorter.

Long leasehold- 2% on cost
Improvements to property- 2% on cost
Plant and machinery- 15% on reducing balance
Fixtures and fittings- 15% on reducing balance
Computer equipment- 33% on cost
Motor vehicles- 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, 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.


B. Walker Skip Hire Limited (Registered number: 04817105)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Employee benefits
When employees have rendered service to the company, short term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The company operated a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

Operating leases
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 9 ) .

B. Walker Skip Hire Limited (Registered number: 04817105)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Improvements
Freehold Long to Plant and
property leasehold property machinery
£    £    £    £   
COST
At 1 November 2023 95,807 55,069 30,988 313,849
Additions - - - -
At 31 October 2024 95,807 55,069 30,988 313,849
DEPRECIATION
At 1 November 2023 - 13,221 11,391 208,644
Charge for year - 1,101 620 15,780
At 31 October 2024 - 14,322 12,011 224,424
NET BOOK VALUE
At 31 October 2024 95,807 40,747 18,977 89,425
At 31 October 2023 95,807 41,848 19,597 105,205

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2023 5,226 350,465 4,269 855,673
Additions - 87,168 303 87,471
At 31 October 2024 5,226 437,633 4,572 943,144
DEPRECIATION
At 1 November 2023 3,081 259,763 4,080 500,180
Charge for year 322 37,707 194 55,724
At 31 October 2024 3,403 297,470 4,274 555,904
NET BOOK VALUE
At 31 October 2024 1,823 140,163 298 387,240
At 31 October 2023 2,145 90,702 189 355,493

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 28,278 25,493
Prepayments 10,670 16,454
38,948 41,947

B. Walker Skip Hire Limited (Registered number: 04817105)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 16,854 36,536
Tax 8,155 9,837
Social security and other taxes 3,742 4,918
VAT 18,209 15,999
Other creditors 1,141 1,059
Directors' current accounts 33,055 20
Accrued expenses 8,313 8,274
89,469 76,643

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

8. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the year by B. Walker by virtue of his majority shareholding.