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REGISTERED NUMBER: 11197733 (England and Wales)















Walkers Removers & Storers Ltd

Unaudited Financial Statements

for the Year Ended 31st December 2024






Walkers Removers & Storers Ltd (Registered number: 11197733)






Contents of the Financial Statements
for the year ended 31st December 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 8


Walkers Removers & Storers Ltd

Company Information
for the year ended 31st December 2024







DIRECTORS: P M Henry
Mrs S M Henry





REGISTERED OFFICE: 310 Wellingborough Road
Northampton
Northamptonshire
NN1 4EP





BUSINESS ADDRESS: Clifford Hill Mill
Little Houghton
Northampton
NN7 1AL





REGISTERED NUMBER: 11197733 (England and Wales)





ACCOUNTANTS: Cheney & Co
310 Wellingborough Road
Northampton
NN1 4EP

Walkers Removers & Storers Ltd (Registered number: 11197733)

Balance Sheet
31st December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 134,112 131,589
134,112 131,589

CURRENT ASSETS
Stocks 4,545 4,545
Debtors 7 75,828 16,645
Cash at bank and in hand 11,955 44,145
92,328 65,335
CREDITORS
Amounts falling due within one year 8 118,990 97,456
NET CURRENT LIABILITIES (26,662 ) (32,121 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,450

99,468

CREDITORS
Amounts falling due after more than one
year

9

(24,470

)

(31,410

)

PROVISIONS FOR LIABILITIES 12 (13,500 ) -
NET ASSETS 69,480 68,058

CAPITAL AND RESERVES
Called up share capital 13 100 100
Retained earnings 69,380 67,958
SHAREHOLDERS' FUNDS 69,480 68,058

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

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

Walkers Removers & Storers Ltd (Registered number: 11197733)

Balance Sheet - continued
31st December 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 21st July 2025 and were signed on its behalf by:




P M Henry - Director



Mrs S M Henry - Director


Walkers Removers & Storers Ltd (Registered number: 11197733)

Notes to the Financial Statements
for the year ended 31st December 2024

1. STATUTORY INFORMATION

Walkers Removers & Storers Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The principal activity of the company in the year under review was that of commercial and residential removals as well as long and short term storage.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance and 20% on reducing balance
Motor vehicles - 25% on reducing balance, 20% on reducing balance and 10% 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 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.


Walkers Removers & Storers Ltd (Registered number: 11197733)

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

3. 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 obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 10 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2024
and 31st December 2024 10,000
AMORTISATION
At 1st January 2024
and 31st December 2024 10,000
NET BOOK VALUE
At 31st December 2024 -
At 31st December 2023 -

Walkers Removers & Storers Ltd (Registered number: 11197733)

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

6. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st January 2024 149,685 128,240 277,925
Additions - 26,108 26,108
At 31st December 2024 149,685 154,348 304,033
DEPRECIATION
At 1st January 2024 72,435 73,901 146,336
Charge for year 8,836 14,749 23,585
At 31st December 2024 81,271 88,650 169,921
NET BOOK VALUE
At 31st December 2024 68,414 65,698 134,112
At 31st December 2023 77,250 54,339 131,589

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1st January 2024
and 31st December 2024 28,740
DEPRECIATION
At 1st January 2024 18,130
Charge for year 2,652
At 31st December 2024 20,782
NET BOOK VALUE
At 31st December 2024 7,958
At 31st December 2023 10,610

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 10,945
Other debtors 75,828 5,700
75,828 16,645

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 10) 5,619 5,619
Hire purchase contracts 1,384 5,909
Trade creditors 30,867 5,929
Taxation and social security 13,503 14,422
Other creditors 67,617 65,577
118,990 97,456

Walkers Removers & Storers Ltd (Registered number: 11197733)

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

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans (see note 10) 24,470 30,026
Hire purchase contracts - 1,384
24,470 31,410

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 537 6,093

10. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 5,619 5,619

Amounts falling due between one and two years:
Bank loans - 1-2 years 5,761 5,761

Amounts falling due between two and five years:
Bank loans - 2-5 years 18,172 18,172

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 537 6,093

11. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 30,089 35,645

The security given for the bank loan is a fixed and floating charge over the property and assets of the company.

12. PROVISIONS FOR LIABILITIES
2024
£   
Deferred tax 13,500

Deferred
tax
£   
Balance at 1st January 2024 (5,700 )
Provided during year 19,200
Balance at 31st December 2024 13,500

Walkers Removers & Storers Ltd (Registered number: 11197733)

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

13. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary shares £1 100 100

14. CONTINGENT LIABILITIES

There were no contingent liabilities as at 31st December 2024 or 31st December 2023.

15. CAPITAL COMMITMENTS

There were no capital commitments as at 31st December 2024 or 31st December 2023.