Walker James Consulting Ltd - Filleted accounts

Registered number

11780550

Walker James Consulting Ltd

Filleted Accounts

31 January 2026

Walker James Consulting Ltd
Registered number:		11780550
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		88,320			118,381
			88,320			118,381

Current assets
Debtors	4	184,144			94,118
Cash at bank and in hand		219,402			200,492
		403,546			294,610

Creditors: amounts falling due within one year	5	(272,751)			(184,009)

Net current assets			130,795			110,601

Total assets less current liabilities			219,115			228,982

Creditors: amounts falling due after more than one year	6		(20,262)			(50,627)


Net assets			198,853			178,355

Capital and reserves
Called up share capital			100			100
Profit and loss account			198,753			178,255

Shareholders' funds			198,853			178,355

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J.M. Free
Director
Approved by the board on 23 March 2026

Walker James Consulting Ltd
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office equipment	over 4 years
	Motor vehicles	25% reducing balance


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.








	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			14		10


3	Tangible fixed assets
		Office equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2025	22,091		148,628		170,719
	Additions	2,550		-		2,550
	At 31 January 2026	24,641		148,628		173,269

	Depreciation
	At 1 February 2025	11,803		40,535		52,338
	Charge for the year	5,588		27,023		32,611
	At 31 January 2026	17,391		67,558		84,949

	Net book value
	At 31 January 2026	7,250		81,070		88,320
	At 31 January 2025	10,288		108,093		118,381





4	Debtors			2026		2025
£					£

	Trade debtors			184,144		94,118
				184,144		94,118

	Amounts due after more than one year included above			-		-


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Other creditors			1,656		397
	Bank loans and overdrafts			8,300		12,450
	Obligations under finance lease and hire purchase contracts			22,066		22,066
	Accruals			1,774		2,746
	Taxation and social security costs			222,270		139,851
	Other creditors			16,685		6,499
				272,751		184,009


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			-		8,300
	Obligations under finance lease and hire purchase contracts			20,262		42,327
				20,262		50,627


7	Controlling party

	The ultimate controlling parties are J.M. Free and L.M. Free who are both directors and joint shareholders.


8	Other information

	Walker James Consulting Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	37 The Lindens
	Loughton
	Essex
	IG10 3HS