xbrl

02981758falseveicle repair specialist2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-12-31http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2023-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-12-31http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:MotorCars2023-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22024-01-012024-12-31http://www.companieshouse.gov.uk/pt:MotorCars2024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32024-01-012024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass42024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://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: 02981758






D. Walton Limited


ACCOUNTS

FOR THE YEAR ENDED 31/12/2024
























Prepared By:
Montague Kaye
Accountants & Registered Auditors
82 Reddish Road
Reddish
Stockport
Cheshire
SK5 7QU


BALANCE SHEET AT 31/12/2024

			2024		2023
	Notes		£		£

FIXED ASSETS
Tangible assets	3		221,178		168,021
Investment Assets	4		67,044		67,044

			288,222		235,065

CURRENT ASSETS
Stock		68,081		139,957
Debtors	6	1,426,282		628,110
Cash at bank and in hand		668,309		753,650
		2,162,672		1,521,717
CREDITORS: Amounts falling due within one year	7	1,327,229		1,269,557
NET CURRENT ASSETS			835,443		252,160
TOTAL ASSETS LESS CURRENT LIABILITIES			1,123,665		487,225


CREDITORS: Amounts falling due after more than one year	8		594,358		119,594

NET ASSETS			529,307		367,631

CAPITAL AND RESERVES

Called up share capital	9		700		700
Capital redemption reserve	10		500		500
Profit and loss account			528,107		366,431
SHAREHOLDERS' FUNDS			529,307		367,631

For the year ending 31/12/2024 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 23/12/2025 and signed on their behalf by



.............................
D A Walton
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance various %
Fixtures and Fittings		reducing balance various %
Motor Cars		reducing balance various %




2. EMPLOYEES

	2024	2023
	No.	No.
Average number of employees	47	36




3. TANGIBLE FIXED ASSETS

	Plant and	Fixtures
	Machinery	and Fittings	Motor Cars	Total
	£	£	£	£
Cost
At 01/01/2024	449,621	238,133	228,774	916,528
Additions	12,624	16,828	86,713	116,165
Disposals	(149)	-	(139,000)	(139,149)
At 31/12/2024	462,096	254,961	176,487	893,544
Depreciation
At 01/01/2024	373,154	226,718	148,635	748,507
Disposals	(12)	-	(137,167)	(137,179)
For the year	20,691	7,708	32,639	61,038
At 31/12/2024	393,833	234,426	44,107	672,366
Net Book Amounts
At 31/12/2024	68,263	20,535	132,380	221,178
At 31/12/2023	76,467	11,415	80,139	168,021




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




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. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.




4. FINANCIAL ASSETS

	Listed
	Investments	Total
	£	£
Cost
At 01/01/2024	67,044	67,044
At 31/12/2024	67,044	67,044
Amortisation
Net Book Amounts
At 31/12/2024	67,044	67,044
At 31/12/2023	67,044	67,044




5. STOCK	2024	2023
	£	£
Stock comprises:

Stock	68,081	139,957
	68,081	139,957




6. DEBTORS	2024	2023
	£	£
Amounts falling due within one year
Trade debtors	434,173	526,031
Other debtors	603,810	15,805
Amounts due from related parties	200,000	-
Prepayments	88,323	71,248
Directors current account	99,976	15,026
	1,426,282	628,110




7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2024	2023
	£	£
UK corporation tax	134,007	36,514
VAT	101,688	75,426
PAYE control	52,735	44,698
Salaries and wages control	29,937	13,371
Bank Loan	10,000	10,648
Loans	30,800	-
Hire purchase	6,433	6,433
Trade creditors	448,564	586,693
Other creditors	31,627	29,697
Pension schemes	6,794	6,258
Accruals	474,644	459,819
	1,327,229	1,269,557




8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2024	2023
	£	£
Bank loans	9,045	18,449
Bank loans (secured) >1yr	580,067	-
Loans	-	88,523
Hire purchase	5,246	12,622
	594,358	119,594




9. SHARE CAPITAL	2024	2023
	£	£
Allotted, issued and fully paid:
525 Ordinary shares of £1 each	525	525
35 B Ordinary of £1 each	35	35
70 C Ordinary of £1 each	70	70
70 D Ordinary of £1 each	70	70
	700	700

New shares issued during period:
B Ordinary of £1 each		35
C Ordinary of £1 each		70
D Ordinary of £1 each		70




10. OTHER RESERVES	2024	2023
	£	£
Capital redemption reserve	500	500
	500	500