B.Walker & Co.(Dursley)Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00676300 (England and Wales)

B.Walker & Co.(Dursley)Limited

Unaudited Financial Statements

for the Year Ended 31 August 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

348,691

219,770

Investments

5

180,055

Investment property

6

15,748,037

16,276,783

16,147,862

CURRENT ASSETS

Stocks

318,063

Debtors

7

317,404

428,625

Cash at bank

960,090

1,110,659

1,595,557

1,857,347

CREDITORS

Amounts falling due within one year

8

1,548,380

1,731,111

NET CURRENT ASSETS

47,177

126,236

TOTAL ASSETS LESS CURRENT
LIABILITIES

16,323,960

16,274,098

CREDITORS

Amounts falling due after more than one
year

9

(202,279

)

(355,126

)

PROVISIONS FOR LIABILITIES

(1,534,833

)

(1,467,576

)

NET ASSETS

14,586,848

14,451,396

CAPITAL AND RESERVES

Called up share capital

11

1,505

Share premium

37,979

Retained earnings

14,547,364

14,411,912

SHAREHOLDERS' FUNDS

14,586,848

14,451,396

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 April 2026 and were signed on its behalf by:

Mr P B Walker - Director

Mr C J Walker - Director

1.	GENERAL INFORMATION

B.Walker & Co.(Dursley)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:

00676300

Registered office:

Eagle House

5 Long Street

Dursley

Gloucestershire

GL11 4HL

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

2.	ACCOUNTING POLICIES

Basis of preparation

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 as modified by the revaluation of certain assets.

Revenue recognition

Turnover is measured at the fair value for rents received or receivable, net of discounts and Value Added Tax.

Revenue from rents received is recognised when the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred in respect of the transaction can be measured reliably.

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

-

20% on straight line

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Stocks

Stocks have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion

Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payment ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Pension costs and other post-retirement benefits

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in profit and loss account when due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

Cost

At 1 September 2024

101,206

301,573

402,779

Additions

7,564

234,191

241,755

Disposals

-

(71,000

)

(71,000

)

At 31 August 2025

108,770

464,764

573,534

Depreciation

At 1 September 2024

69,270

113,739

183,009

Charge for year

10,661

45,965

56,626

Eliminated on disposal

-

(14,792

)

(14,792

)

At 31 August 2025

79,931

144,912

224,843

Net book value

At 31 August 2025

28,839

319,852

348,691

At 31 August 2024

31,936

187,834

219,770

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

Cost

At 1 September 2024

and 31 August 2025

180,055

Net book value

At 31 August 2025

180,055

At 31 August 2024

180,055

6.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 September 2024

and 31 August 2025

15,748,037

Net book value

At 31 August 2025

15,748,037

At 31 August 2024

15,748,037

Fair value at 31 August 2025 is represented by:

£

Valuation in 2016

2,789,569

Valuation in 2017

3,253,674

Cost

9,704,794

15,748,037

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

9,704,794

Investment property was valued on an open market basis on 31 August 2025 by the Directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

235,540

278,084

Other debtors

81,864

150,541

317,404

428,625

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

424,912

711,507

Trade creditors

88,984

69,971

Amounts owed to group undertakings

260,149

Taxation and social security

148,959

159,092

Other creditors

625,376

530,392

1,548,380

1,731,111

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

202,279

342,549

Other creditors

-

12,577

202,279

355,126

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

627,191

1,054,056

Svenska Handelsbanken hold a fixed and floating charge over the assets of the business and a number of specific assets. The charge contains a negative pledge.

A number of the Directors and the Pension scheme hold a charge over various properties, these charges includes a negative pledge.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

15,050

Ordinary

0.10

1,505

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

Mr C J Walker

Balance outstanding at start of year

100,507

201,449

Amounts advanced

24,757

28,484

Amounts repaid

(98,704

)

(129,426

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

26,560

100,507

Mr A P R Walker

Balance outstanding at start of year

-

Amounts advanced

18,548

-

Amounts repaid

(16,988

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

1,560

-

The above loans are interest free, unsecured and repayable on demand.

Included within other creditors are loans to other directors totalling £64,748 (2024: £57,437) these loans are interest free, unsecured and repayable on demand.