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Company Registration No. 06587950 (England and Wales)
Walkdown Limited Unaudited accounts for the year ended 31 March 2025
Walkdown Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Walkdown Limited Company Information for the year ended 31 March 2025
Director
Michael Holden
Company Number
06587950 (England and Wales)
Registered Office
First Floor 71 Dunsmure Road London N16 5PT England
Accountants
Tuite Tang Wong Chartered Certified Accountants 15 The Broadway Woodford Green Essex IG8 0HL
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Walkdown Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
215
400
Current assets
Inventories
-
1,500
Debtors
5
-
1,450
Cash at bank and in hand
7,440
3,498
7,440
6,448
Creditors: amounts falling due within one year
6
(4,842)
(5,627)
Net current assets
2,598
821
Total assets less current liabilities
2,813
1,221
Creditors: amounts falling due after more than one year
7
(175)
(1,220)
Net assets
2,638
1
Capital and reserves
Called up share capital
1
1
Profit and loss account
2,637
-
Shareholders' funds
2,638
1
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 October 2025 and were signed on its behalf by
Michael Holden Director Company Registration No. 06587950
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Walkdown Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Walkdown Limited is a private company, limited by shares, registered in England and Wales, registration number 06587950. The registered office is First Floor, 71 Dunsmure Road, London, N16 5PT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% straight line basis
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Walkdown Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 April 2024
926
At 31 March 2025
926
Depreciation
At 1 April 2024
526
Charge for the year
185
At 31 March 2025
711
Net book value
At 31 March 2025
215
At 31 March 2024
400
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
300
Other debtors
-
1,150
-
1,450
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
1,046
1,021
Taxes and social security
2,689
3,415
Other creditors
57
1
Accruals
1,050
1,190
4,842
5,627
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
175
1,220
8
Transactions with related parties
At the year end, the outstanding amount due to the director of the company was £54 (2024: due from the director £299).
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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