Registration number: 09538808

Walker Clark Developments Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Walker Clark Developments Ltd

Company Information

Directors

Mr Graham Edward Walker Mr Gregory Alexander Walker Mrs Monica Irene Walker

Registered office

Walkers Cottage Old Church Road Colwall Malvern WR13 6ET

Accountants

R M Willgoose, Chartered Accountant Chestnut End Leddington Ledbury Herefordshire HR8 2LG

Walker Clark Developments Ltd

(Registration number: 09538808)
Balance Sheet as at 31 July 2025

	Note	31 July 2025 £	31 July 2024 £
Fixed assets
Tangible assets	4	1,836	4,692
Current assets
Stocks	5	281,177	281,177
Debtors	6	1,623	1,297
Cash at bank and in hand		7,744	20,051
		290,544	302,525
Creditors: Amounts falling due within one year	7	(8,161)	(6,292)
Net current assets		282,383	296,233
Total assets less current liabilities		284,219	300,925
Creditors: Amounts falling due after more than one year	7	(62,663)	(102,139)
Provisions for liabilities		-	(241)
Net assets		221,556	198,545
Capital and reserves
Called up share capital	8	100	100
Retained earnings		221,456	198,445
Shareholders' funds		221,556	198,545

For the financial year ending 31 July 2025 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 1 December 2025 and signed on its behalf by:
 

......................................... Mr Gregory Alexander Walker Director

Walker Clark Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Walkers Cottage
Old Church Road
Colwall
Malvern
WR13 6ET

These financial statements were authorised for issue by the Board on 1 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities.

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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Walker Clark Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% reducing balance basis
Office equipment	25% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for properties sold in the ordinary course of business.

Stocks

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or 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.

Walker Clark Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Walker Clark Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 August 2024	14,810	14,810
Disposals	(7,300)	(7,300)
At 31 July 2025	7,510	7,510
Depreciation
At 1 August 2024	10,118	10,118
Charge for the year	465	465
Eliminated on disposal	(4,909)	(4,909)
At 31 July 2025	5,674	5,674
Carrying amount
At 31 July 2025	1,836	1,836
At 31 July 2024	4,692	4,692

5

Stocks

	31 July 2025 £	31 July 2024 £
Finished goods and goods for resale	281,177	281,177

6

Debtors

Current	31 July 2025 £	31 July 2024 £
Prepayments	1,131	1,124
Other debtors	492	173
	1,623	1,297

7

Creditors

Creditors: amounts falling due within one year

Walker Clark Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

	31 July 2025 £	31 July 2024 £
Taxation and social security	5,208	3,487
Accruals and deferred income	2,953	2,605
Other creditors	-	200
	8,161	6,292