REGISTERED NUMBER: 08994393 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Walkies (Blackpool) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs W C Ashworth

REGISTERED OFFICE:

7 Hardhorn Way

Poulton-Le-Fylde

Lancashire

FY6 8AE

REGISTERED NUMBER:

08994393 (England and Wales)

ACCOUNTANTS:

CCW Limited

Chartered Accountants

295/297 Church Street

Blackpool

Lancashire

FY1 3PJ

FIXED ASSETS

Tangible assets

4

163,740

164,559

CURRENT ASSETS

Debtors

5

3,238

4,245

CREDITORS

Amounts falling due within one year

6

139,456

117,661

NET CURRENT LIABILITIES

(136,218

)

(113,416

)

TOTAL ASSETS LESS CURRENT LIABILITIES

27,522

51,143

CREDITORS

Amounts falling due after more than one year

7

(10,141

)

(37,038

)

PROVISIONS FOR LIABILITIES

(458

)

(314

)

NET ASSETS

16,923

13,791

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9

16,823

13,691

16,923

13,791

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 director acknowledges her 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 director and authorised for issue on 30 December 2025 and were signed by:

Mrs W C Ashworth - Director

1.	STATUTORY INFORMATION

Walkies (Blackpool) Ltd 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.

Turnover

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

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

161,330

2,328

18,350

182,008

DEPRECIATION

At 1 April 2024

-

1,415

16,034

17,449

Charge for year

-

240

579

819

At 31 March 2025

-

1,655

16,613

18,268

NET BOOK VALUE

At 31 March 2025

161,330

673

1,737

163,740

At 31 March 2024

161,330

913

2,316

164,559

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,913

3,673

Other debtors

722

-

Prepayments

603

572

3,238

4,245

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts (see note 8)

33,656

8,996

Trade creditors

2,484

1,601

Amounts owed to associates

26,463

20,723

Tax

1,848

1,592

Social security and other taxes

-

127

Directors' loan accounts

72,989

82,556

Accrued expenses

2,016

2,066

139,456

117,661

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans (see note 8)

10,141

37,038

31.3.25

31.3.24

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

597

5,853

8.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

774

1,876

Bank loans

32,882

7,120

33,656

8,996

Amounts falling due between one and two years:

Bank loans - 1-2 years

2,384

7,416

Amounts falling due between two and five years:

Bank loans - 2-5 years

7,160

23,769

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

597

5,853

9.

RESERVES

Retained

earnings

£

At 1 April 2024

13,691

Profit for the year

3,132

At 31 March 2025

16,823