REGISTERED NUMBER: 04670045 (England and Wales)

WALKER PLANT SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

J M Walker

N J Walker

SECRETARY:

J M Walker

REGISTERED OFFICE:

Whinleys Farm

Leverton Road

Retford

Nottinghamshire

DN22 0DZ

REGISTERED NUMBER:

04670045 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

14 London Road

Newark

Nottinghamshire

NG24 1TW

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

467,373

653,915

467,373

653,915

CURRENT ASSETS

Inventories

327,509

549,398

Debtors

6

243,834

234,777

Cash at bank and in hand

1,581,455

1,313,948

2,152,798

2,098,123

CREDITORS

Amounts falling due within one year

7

306,996

506,632

NET CURRENT ASSETS

1,845,802

1,591,491

TOTAL ASSETS LESS CURRENT LIABILITIES

2,313,175

2,245,406

PROVISIONS FOR LIABILITIES

116,843

163,479

NET ASSETS

2,196,332

2,081,927

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

2,196,330

2,081,925

SHAREHOLDERS' FUNDS

2,196,332

2,081,927

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 10 September 2025 and were signed on its behalf by:

J M Walker - Director

N J Walker - Director

1.	STATUTORY INFORMATION

Walker Plant Services Limited 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Property, plant and equipment

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance, 15% on reducing balance and at variable rates on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Inventories

Inventories are valued at the lower of cost and fair value less costs to complete and sell, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

165,000

AMORTISATION

At 1 April 2024

and 31 March 2025

165,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Contracting

Plant and

and

Motor

plant

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

1,047,124

133,262

55,363

228,564

1,464,313

Additions

-

-

-

70,000

70,000

Disposals

(247,313

)

-

-

(41,237

)

(288,550

)

At 31 March 2025

799,811

133,262

55,363

257,327

1,245,763

DEPRECIATION

At 1 April 2024

492,163

112,720

50,300

155,215

810,398

Charge for year

59,375

4,107

1,011

18,042

82,535

Eliminated on disposal

(96,972

)

-

-

(17,571

)

(114,543

)

At 31 March 2025

454,566

116,827

51,311

155,686

778,390

NET BOOK VALUE

At 31 March 2025

345,245

16,435

4,052

101,641

467,373

At 31 March 2024

554,961

20,542

5,063

73,349

653,915

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

198,640

198,177

Other debtors

45,194

36,600

243,834

234,777

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

94,212

91,684

Taxation and social security

187,985

189,661

Other creditors

24,799

225,287

306,996

506,632

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

J M Walker

Balance outstanding at start of year

82

-

Amounts advanced

-

82

Amounts repaid

(82

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

82