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Company Registration No. 00375987 (England and Wales)
Walker Miller & Company Limited Unaudited accounts for the year ended 31 March 2025
Walker Miller & Company Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Walker Miller & Company Limited Company Information for the year ended 31 March 2025
Directors
Marina Proud Christopher Proud Robert Proud Russell Pascoe
Secretary
Marina Proud
Company Number
00375987 (England and Wales)
Registered Office
Walker Miller & Co Ltd 2 Walkley Lane Sheffield South Yorkshire S6 2NY England
Accountants
Neil Walker Accountancy Ltd Khepera Business Centre 9 Orgreave Road Sheffield S13 9LQ
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Walker Miller & Company Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
651,457
319,719
Current assets
Inventories
4,733
4,733
Debtors
5
732,749
442,337
Cash at bank and in hand
360,315
945,596
1,097,797
1,392,666
Creditors: amounts falling due within one year
6
(487,892)
(415,630)
Net current assets
609,905
977,036
Total assets less current liabilities
1,261,362
1,296,755
Provisions for liabilities
Deferred tax
(69,204)
(67,449)
Net assets
1,192,158
1,229,306
Capital and reserves
Called up share capital
7
610
610
Capital redemption reserve
590
590
Profit and loss account
1,190,958
1,228,106
Shareholders' funds
1,192,158
1,229,306
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 directors acknowledge their 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 of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by
Robert Proud Director Company Registration No. 00375987
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Walker Miller & Company Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Walker Miller & Company Limited is a private company, limited by shares, registered in England and Wales, registration number 00375987. The registered office is Walker Miller & Co Ltd, 2 Walkley Lane, Sheffield, South Yorkshire, S6 2NY, 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.
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.
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:
Land & buildings
2% straight line
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Stocks
Stocks 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
Walker Miller & Company Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
-
4,928
556,134
75,455
636,517
Additions
252,955
-
171,626
-
424,581
At 31 March 2025
252,955
4,928
727,760
75,455
1,061,098
Depreciation
At 1 April 2024
-
4,284
258,231
54,283
316,798
Charge for the year
2,108
129
86,371
4,235
92,843
At 31 March 2025
2,108
4,413
344,602
58,518
409,641
Net book value
At 31 March 2025
250,847
515
383,158
16,937
651,457
At 31 March 2024
-
644
297,903
21,172
319,719
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
707,543
417,490
Other debtors
25,206
24,847
732,749
442,337
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
137,445
121,587
Trade creditors
61,801
46,878
Taxes and social security
78,108
91,202
Other creditors
210,538
155,963
487,892
415,630
Other creditors consist of Accruals £3,175 (2024 - £3,175), Wages £14,872 (2024 - £10,244), Credit Card £0 (2024 £13,791) Pension £1,500 (2024 - £0), and Directors Loan Account £190,991 (2024 - £128,753).
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
600 Ordinary shares of £1 each
600
600
10 Ordinary A shares of £1 each
10
10
610
610
8
Average number of employees
During the year the average number of employees was 20 (2024: 20).
- 6 -