REGISTERED NUMBER: 09565280 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Walker Creative Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

14,747

15,819

CURRENT ASSETS

Debtors

5

1,532

715

Cash at bank

15,090

13,624

16,622

14,339

CREDITORS

Amounts falling due within one year

6

19,625

23,652

NET CURRENT LIABILITIES

(3,003

)

(9,313

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,744

6,506

PROVISIONS FOR LIABILITIES

3,097

2,974

NET ASSETS

8,647

3,532

CAPITAL AND RESERVES

Called up share capital

7

8

8

Retained earnings

8,639

3,524

SHAREHOLDERS' FUNDS

8,647

3,532

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 September 2025 and were signed by:

Mr I Walker - Director

1.	STATUTORY INFORMATION

Walker Creative Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09565280

Registered office:

1 Wortley Court

Bradwell

Derbyshire

S33 9LB

The presentation currency of the financial statements is the Pound Sterling (£).

The address of its registered office is:

1 Wortley Court

Bradwell

Derbyshire

S33 9LB

England

The principal place of business is:

F15

36 Dalmeny Street

Edinburgh

EH6 8RG

Scotland

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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

Tangible fixed assets

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

Plant and machinery

-

10% on reducing balance

Going concern

At the balance sheet date the company had net current liabilities of £3,003 (2024: £9,313). The director has pledged to financially support the business for at least 12 months. On this basis, the director feels it is appropriate to prepare these financial statements on a going concern basis.

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price.

Trade debtors are reviewed annually for any bad debts. Any adjustment is made through the profit and loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 May 2024

22,434

Additions

914

Disposals

(704

)

At 30 April 2025

22,644

DEPRECIATION

At 1 May 2024

6,615

Charge for year

1,585

Eliminated on disposal

(303

)

At 30 April 2025

7,897

NET BOOK VALUE

At 30 April 2025

14,747

At 30 April 2024

15,819

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,279

480

Other debtors

253

235

1,532

715

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

17,841

10,358

Other creditors

1,784

13,294

19,625

23,652

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

4

Ordinary shares

1

4

4

4

Ordinary B shares

1

4

4

8

8

8.	AMOUNTS NOT PROVIDED FOR IN THE BALANCE SHEET

The total amount of financial commitments not included in the balance sheet is £125 (2024: £125). The company has a short term lease on their office space which is on a one month rolling contract. The total amount disclosed of £125 (2043: £125) is the total amount the company is contracted to.

9.	RELATED PARTY TRANSACTIONS

At the balance sheet date, the company owed Mr I Walker, director £98 (2024: £8,409) and Miss A Filimon, shareholder, £36 (2024: £3,235). These loans are interest free and repayable on demand.