IRIS Accounts Production v25.1.4.42 10955669 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh109556692023-09-30109556692024-09-30109556692023-10-012024-09-30109556692022-09-30109556692022-10-012023-09-30109556692023-09-3010955669ns15:EnglandWales2023-10-012024-09-3010955669ns14:PoundSterling2023-10-012024-09-3010955669ns10:Director12023-10-012024-09-3010955669ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3010955669ns10:SmallEntities2023-10-012024-09-3010955669ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3010955669ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3010955669ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3010955669ns10:FullAccounts2023-10-012024-09-3010955669ns10:Director22023-10-012024-09-3010955669ns10:RegisteredOffice2023-10-012024-09-3010955669ns5:CurrentFinancialInstruments2024-09-3010955669ns5:CurrentFinancialInstruments2023-09-3010955669ns5:Non-currentFinancialInstruments2024-09-3010955669ns5:Non-currentFinancialInstruments2023-09-3010955669ns5:ShareCapital2024-09-3010955669ns5:ShareCapital2023-09-3010955669ns5:RetainedEarningsAccumulatedLosses2024-09-3010955669ns5:RetainedEarningsAccumulatedLosses2023-09-3010955669ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3010955669ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3010955669ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-09-3010955669ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-09-3010955669ns5:Secured2024-09-3010955669ns5:Secured2023-09-3010955669ns5:DeferredTaxation2023-09-3010955669ns5:DeferredTaxation2023-10-012024-09-3010955669ns5:DeferredTaxation2024-09-30
REGISTERED NUMBER: 10955669 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Walton UK Investments Limited

Walton UK Investments Limited (Registered number: 10955669)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Walton UK Investments Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr R J B D'Arcy
Mr T M D'Arcy





REGISTERED OFFICE: Walton House
20 Coleford Road
London
SW18 1AD





REGISTERED NUMBER: 10955669 (England and Wales)





ACCOUNTANTS: Turner & Ellerby
Chartered Certified Accountants
5 Church Street
Framlingham
Woodbridge
Suffolk
IP13 9BQ

Walton UK Investments Limited (Registered number: 10955669)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 835,000 835,000

CURRENT ASSETS
Debtors 5 22,502 36,168
Cash at bank 26,145 19,375
48,647 55,543
CREDITORS
Amounts falling due within one year 6 309,449 332,941
NET CURRENT LIABILITIES (260,802 ) (277,398 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

574,198

557,602

CREDITORS
Amounts falling due after more than one
year

7

(313,512

)

(321,078

)

PROVISIONS FOR LIABILITIES 10 (33,687 ) (25,602 )
NET ASSETS 226,999 210,922

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11 226,899 210,822
SHAREHOLDERS' FUNDS 226,999 210,922

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Walton UK Investments Limited (Registered number: 10955669)

Balance Sheet - continued
30 September 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 12 June 2025 and were signed on its behalf by:





Mr T M D'Arcy - Director


Walton UK Investments Limited (Registered number: 10955669)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Walton UK Investments 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 as modified by the revaluation of certain assets.

At the 30 September 2024 the Company had net current liabilities. In meeting the Company's working capital requirements the directors have agreed to continue to support the Company for the next 12 months. On the basis that the directors consider, with their support, it appropriate to prepare the financial statements on a going concern basis, the financial statements do not contain any adjustments that would result from the withdrawal of their support.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Walton UK Investments Limited (Registered number: 10955669)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 835,000
NET BOOK VALUE
At 30 September 2024 835,000
At 30 September 2023 835,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2024 134,747
Cost 700,253
835,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 700,253 700,253

Investment property was valued on an open market basis on 30 September 2024 by the Directors. .

For the year ended 30th September 2024 the directors' reviewed the valuation of the investment property on an open market basis and were of the opinion that no revaluation adjustment was needed to the carrying value to £835,000.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments and accrued income 5,334 19,000
Prepayments 17,168 17,168
22,502 36,168

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 6,160 5,776
Directors' current accounts 301,232 324,452
Accruals and deferred income 2,057 2,713
309,449 332,941

Walton UK Investments Limited (Registered number: 10955669)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 307,220 314,786
Other loans (see note 8) 6,292 6,292
313,512 321,078

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 6,292 6,292

Repayable by instalments
Bank loans more 5 yr by instal 307,220 314,786

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Other loans more 5yrs non-inst 6,292 6,292

Repayable by instalments
Bank loans more 5 yr by instal 307,220 314,786

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 307,220 314,786

The bank loan is secured against the Property at 89 Eastwood Road, Rayleigh, Essex.

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 33,687 25,602

Walton UK Investments Limited (Registered number: 10955669)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 October 2023 25,602
Charge to Income Statement during year 8,085
Balance at 30 September 2024 33,687

11. RESERVES

Retained earnings



Distributable
Non -
Distributable

Total
£   £   £   
Retained earnings at 1 October 2023101,677109,145210,822
Profit for the year24,162(8,085)16,077
Retained earnings at 30 September 2024125,839101,060226,899