06032415falseflooring specialsts2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-12-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06032415

Walker Carpets Limited

ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024

Prepared By:
Brieley Grimsdell Falconer Ltd
Chartered Tax Advisers and Accountants
The Surgery
14 Regent Street
Kimberley
Nottinghamshire
NG16 2LW

Walker Carpets Limited

ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
DIRECTORS
Mr W D Walker
Mr R N Walker
SECRETARY
Mr W D Walker
REGISTERED OFFICE
7 Holmewood Drive
Giltbrook
Nottingham
NG16 2UG
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06032415
BANKERS
HSBC, 53 Nottingham Road, Eastwood, Nottingham, NG16 3AE
ACCOUNTANTS
Brieley Grimsdell Falconer Ltd
Chartered Tax Advisers and Accountants
The Surgery
14 Regent Street
Kimberley
Nottinghamshire
NG16 2LW

Walker Carpets Limited

ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Walker Carpets Limited

BALANCE SHEET AT 31 December 2024
20242023
Notes££
FIXED ASSETS
Intangible assets24,5006,750
Tangible assets36,0888,055
10,58814,805
CURRENT ASSETS
Stock375450
Debtors58,13020,499
Cash at bank and in hand14,56114,498
23,06635,447
CREDITORS: Amounts falling due within one year632,47947,925
NET CURRENT LIABILITIES(9,413)(12,478)
TOTAL ASSETS LESS CURRENT LIABILITIES1,1752,327
PROVISIONS FOR LIABILITIES AND CHARGES81,1571,530
NET ASSETS18797
CAPITAL AND RESERVES
Called up share capital944
Profit and loss account14793
SHAREHOLDERS' FUNDS18797
For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 21 July 2025 and signed on their behalf by
.............................
Mr W D Walker
Director

Walker Carpets Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance 25%
Equipmentreducing balance 20%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

Walker Carpets Limited

2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 1 January 202445,00045,000
At 31 December 202445,00045,000
Depreciation
At 1 January 202438,25038,250
For the year2,2502,250
At 31 December 202440,50040,500
Net Book Amounts
At 31 December 20244,5004,500
At 31 December 20236,7506,750
3. TANGIBLE FIXED ASSETS
Commercial
VehiclesEquipmentTotal
£££
Cost
At 1 January 202422,2804,16926,449
At 31 December 202422,2804,16926,449
Depreciation
At 1 January 202415,1783,21618,394
For the year1,7761911,967
At 31 December 202416,9543,40720,361
Net Book Amounts
At 31 December 20245,3267626,088
At 31 December 20237,1029538,055
4. STOCK 20242023
££
Stock comprises:
Stock375450
375450

Walker Carpets Limited

5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors-6,121
Directors current account8,13014,378
8,13020,499
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax17,46317,384
VAT6,8019,096
Bank Loan6,25010,480
Trade creditors7399,594
Accruals1,2261,371
32,47947,925
7. EMPLOYEES
20242023
No.No.
Average number of employees22
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation1,1571,530
1,1571,530

Walker Carpets Limited

9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
4 Class 1 shares of £1 each44
44
10. CONTROLLING PARTY
The company is controlled by the directors, W D Walker and R N Walker, who own all of the issued share capital of the company.