REGISTERED NUMBER: 07594348 (England and Wales)

Unaudited Financial Statements for the Year Ended 29 April 2025

for

Peter Walker Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr P Walker

REGISTERED OFFICE:

Level 3

10/11 Great Russell Street

London

WC1B 3NH

REGISTERED NUMBER:

07594348 (England and Wales)

ACCOUNTANTS:

SRC Accountancy Services Limited

3 The Mill

Stuart Works

High Street

Wordsley

West Midlands

DY8 4FA

FIXED ASSETS

Tangible assets

4

11,394

8,806

CURRENT ASSETS

Debtors

5

1,037,112

519,867

Cash at bank

7,931

23,388

1,045,043

543,255

CREDITORS

Amounts falling due within one year

6

1,050,489

549,996

NET CURRENT LIABILITIES

(5,446

)

(6,741

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,948

2,065

PROVISIONS FOR LIABILITIES

2,774

1,635

NET ASSETS

3,174

430

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

3,171

427

SHAREHOLDERS' FUNDS

3,174

430

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 December 2025 and were signed by:

Mr P Walker - Director

1.	STATUTORY INFORMATION

Peter Walker Associates Limited 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

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 30 April 2024

72,828

Additions

6,386

At 29 April 2025

79,214

DEPRECIATION

At 30 April 2024

64,022

Charge for year

3,798

At 29 April 2025

67,820

NET BOOK VALUE

At 29 April 2025

11,394

At 29 April 2024

8,806

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.4.25

29.4.24

£

£

Trade debtors

358,320

424,514

Other debtors

10,690

3,390

Directors' current accounts

107,970

-

Prepayments and accrued income

560,132

91,963

1,037,112

519,867

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.4.25

29.4.24

£

£

Trade creditors

450,002

47,594

Tax

110,731

159,741

Social security and other taxes

15,128

2,531

Net wages control

-

(505

)

Pension liability

1,140

745

VAT

2,223

152,110

Other creditors

46,821

141,861

Directors' current accounts

-

182

Accruals and deferred income

424,444

45,737

1,050,489

549,996

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 April 2025 and 29 April 2024:

29.4.25

29.4.24

£

£

Mr P Walker

Balance outstanding at start of year

-

-

Amounts advanced

107,970

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

107,970

-

The overdrawn directors loan was interest-free and repaid within nine months of the year end.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr P Walker.