RJWalker Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 06768899

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	11,842,160		10,879,436
Debtors	5	3,159,770		3,236,770
Cash at bank and in hand		1,433		328

		15,003,363		14,116,534
Creditors: Amounts Falling Due Within One Year	6	(5,360,570 )		(4,472,135 )

NET CURRENT ASSETS (LIABILITIES)			9,642,793		9,644,399

TOTAL ASSETS LESS CURRENT LIABILITIES			9,642,793		9,644,399

Creditors: Amounts Falling Due After More Than One Year	7		(9,650,000 )		(9,650,000 )

NET LIABILITIES			(7,207 )		(5,601 )

CAPITAL AND RESERVES
Called up share capital	9		1,000		1,000
Profit and Loss Account			(8,207 )		(6,601 )

SHAREHOLDERS' FUNDS			(7,207)		(5,601)

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RJWalker Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr R J Walker

Director

8 May 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

RJWalker Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06768899 . The registered office is 6 Houndiscombe Road, Plymouth, Devon, PL4 6HH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

As at the the year end, the company's balance sheet shows an overall deficiency of assets of

£7,207 (2024: £5,601). Accordingly, the directors have had to consider the basis upon which the accounts should be

prepared ands determine whether a going concern basis remains appropriate. The accounts have been prepared on a

going concern basis, as the directors continue to provide support, when necessary, to the company. The directors have

reviewed the position for twelve months from the date the accounts were approved and in their opinion the company

will reduce the balance sheet deficiency and will show positive results for the next financial period.

2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Stocks and Work in Progress

Work in progress comprises direct costs 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, work in

progress is assessed for impairment. If work in progress is 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.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

...CONTINUED

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RJWalker Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Taxation - continued

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2024: 8)

4. Stocks

	2025	2024
	£	£
Work in progress	11,842,160	10,879,436

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	8,670	8,670
Other debtors	3,151,100	3,228,100

	3,159,770	3,236,770

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	41,160	53,141
Other creditors	5,208,488	3,990,029
Taxation and social security	110,922	428,965

	5,360,570	4,472,135

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loan 1	4,000,000	4,000,000
Bank loan 2	5,650,000	5,650,000

	9,650,000	9,650,000

8. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Bank loans and overdrafts	9,650,000		9,650,000

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

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