Walton Fabrications Limited

Walton Fabrications Limited
Statement of Financial Position
As at 31 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	117,390	135,965
		117,390	135,965
Current assets
Stocks	4	22,000	7,500
Debtors	5	538,090	398,263
Cash at bank and in hand		55,465	81,199
		615,555	486,962
Creditors: amount falling due within one year	6	(600,594)	(481,341)
Net current assets		14,961	5,621

Total assets less current liabilities		132,351	141,586
Creditors: amount falling due after more than one year	7	(58,390)	(58,390)
Net assets		73,961	83,196

Capital and reserves
Called up share capital		6	6
Profit and loss account		73,955	83,190
Shareholders' funds		73,961	83,196

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 Fabrications Limited
Notes to the Financial Statements
For the year ended 31 December 2024

General Information

Walton Fabrications Limited is a private company, limited by shares, registered in England and Wales, registration number 13179773, registration address C3 Apollo Court, Neptune Park, Plymouth, PL4 0SJ.

The presentation currency is £ sterling.

Accounting policies

Significant 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.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 8 (2023 : 9).

Tangible fixed assets

Cost or valuation	Land and buildings	Plant and machinery etc	Total
	£	£	£
At 01 January 2024	81,190	100,982	182,172
Additions	-	-	-
Disposals	-	-	-
At 31 December 2024	81,190	100,982	182,172
Depreciation
At 01 January 2024	14,223	31,984	46,207
Charge for year	6,697	11,878	18,575
On disposals	-	-	-
At 31 December 2024	20,920	43,862	64,782
Net book values
Closing balance as at 31 December 2024	60,270	57,120	117,390
Opening balance as at 01 January 2024	66,967	68,998	135,965

Stocks

	2024 £		2023 £
Stocks	22,000		7,500
	22,000		7,500

Debtors: amounts falling due within one year

	2024 £	2023 £
Trade Debtors	388,406	223,092
Other Debtors	149,684	175,171
	538,090	398,263

Creditors: amount falling due within one year

	2024 £	2023 £
Trade Creditors	421,507	355,714
Taxation and Social Security	58,254	16,838
Other Creditors	120,833	108,789
	600,594	481,341

Creditors: amount falling due after more than one year

	2024 £		2023 £
Obligations under HP/Financial Leases	58,390		58,390
	58,390		58,390

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

Registered Number: 13179773
England and Wales
WALTON FABRICATIONS LIMITED

Unaudited Financial Statements

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