WALTON DEVELOPMENT AND CONSTRUCTION LIMITED

WALTON DEVELOPMENT AND CONSTRUCTION LIMITED
Statement of Financial Position
As at 31 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	226,378	243,696
		226,378	243,696
Current assets
Debtors: amounts falling due within one year	4	889,391	561,933
Cash at bank and in hand		261,090	533,346
		1,150,481	1,095,279
Creditors: amount falling due within one year	5	(894,644)	(585,995)
Net current assets		255,837	509,284

Total assets less current liabilities		482,215	752,980
Creditors: amount falling due after more than one year	6	(132,984)	(313,522)
Net assets		349,231	439,458

Capital and reserves
Called up share capital		100	100
Capital Redemption Reserve	7	100	100
Profit and loss account		349,031	439,258
Shareholders' funds		349,231	439,458

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 30 September 2025 and were signed on its behalf by:

-------------------------------
Mr S Richards
Director

WALTON DEVELOPMENT AND CONSTRUCTION LIMITED
Notes to the Financial Statements
For the year ended 31 December 2024

General Information

WALTON DEVELOPMENT AND CONSTRUCTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04102917, registration address 24a Estover Close, Forresters Business Park, Plymouth, PL6 7PL.

The presentation currency is £ sterling.

1.	Accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.	Average number of employees Average number of employees during the year was 22 (2023 : 22).

Tangible fixed assets

Cost or valuation	Plant and machinery etc	Total
	£	£
At 01 January 2024	629,494	629,494
Additions	107,738	107,738
Disposals	(102,839)	(102,839)
At 31 December 2024	634,393	634,393
Depreciation
At 01 January 2024	385,798	385,798
Charge for year	69,267	69,267
On disposals	(47,050)	(47,050)
At 31 December 2024	408,015	408,015
Net book values
Closing balance as at 31 December 2024	226,378	226,378
Opening balance as at 01 January 2024	243,696	243,696

Debtors: amounts falling due within one year

	2024 £	2023 £
Trade Debtors	300,302	325,369
Other Debtors	589,089	236,564
	889,391	561,933

Creditors: amount falling due within one year

	2024 £	2023 £
Trade Creditors	485,611	234,346
Bank Loans & Overdrafts	72,763	72,763
Taxation and Social Security	174,808	115,483
Other Creditors	161,462	163,403
	894,644	585,995

Creditors: amount falling due after more than one year

	2024 £	2023 £
Bank Loans & Overdrafts	15,631	89,449
Other Creditors	117,353	224,073
	132,984	313,522

Capital Redemption Reserve

	2024 £		2023 £
Capital Redemption Reserve b/fwd	100		100
	100		100

8.	Controlling party The parent company is Walton Holdings (SW) Limited registered number 13165563.

Registered Number: 04102917
England and Wales
WALTON DEVELOPMENT AND CONSTRUCTION LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 January 2024 End date: 31 December 2024