| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 |
| FOR |
| WALTER EDMUNDSON LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 |
| FOR |
| WALTER EDMUNDSON LIMITED |
| WALTER EDMUNDSON LIMITED (REGISTERED NUMBER: 00283231) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| WALTER EDMUNDSON LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chandler House |
| 7 Ferry Road Office Park |
| Riversway |
| Preston |
| Lancashire |
| PR2 2YH |
| BANKERS: |
| 40 Fishergate |
| Preston |
| Lancashire |
| PR1 2AD |
| WALTER EDMUNDSON LIMITED (REGISTERED NUMBER: 00283231) |
| BALANCE SHEET |
| 31 DECEMBER 2025 |
| 31/12/25 | 31/12/24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Investments | 6 |
| Investment property | 7 |
| CURRENT ASSETS |
| Debtors | 8 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 9 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Revaluation reserve | 11 |
| Other reserves | 11 |
| Fair value reserve | 11 |
| Retained earnings | 11 |
| SHAREHOLDERS' FUNDS |
| 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. |
| WALTER EDMUNDSON LIMITED (REGISTERED NUMBER: 00283231) |
| BALANCE SHEET - continued |
| 31 DECEMBER 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| WALTER EDMUNDSON LIMITED (REGISTERED NUMBER: 00283231) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| 1. | STATUTORY INFORMATION |
| Walter Edmundson Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| The company's turnover represents the amount of rental income receivable during the year. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Freehold property is included in the balance sheet at fair value. Changes to the fair value are posted to the revaluation reserve. |
| Depreciation has been provided on all other tangible fixed assets at the rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
| Motor Vehicles - 25% per annum on cost |
| Computer equipment - 25% on reducing balance |
| 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. |
| 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. |
| Going concern |
| The Directors believe that the company has sufficient resources to continue in operational existence for the foreseeable future. Thus the Going Concern basis of accounting in preparing the annual financial statements has been adopted. |
| WALTER EDMUNDSON LIMITED (REGISTERED NUMBER: 00283231) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 January 2025 |
| and 31 December 2025 |
| AMORTISATION |
| At 1 January 2025 |
| and 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| At 31 December 2024 |
| 5. | TANGIBLE FIXED ASSETS |
| Freehold | Computer |
| property | equipment | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 January 2025 |
| and 31 December 2025 |
| DEPRECIATION |
| At 1 January 2025 |
| Charge for year |
| At 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| At 31 December 2024 |
| Cost or valuation at 31 December 2025 is represented by: |
| Freehold | Computer |
| property | equipment | Totals |
| £ | £ | £ |
| Valuation in 2012 | 103,882 | - | 103,882 |
| Valuation in 2024 | 31,084 | - | 31,084 |
| Cost | 57,245 | 2,005 | 59,250 |
| 192,211 | 2,005 | 194,216 |
| WALTER EDMUNDSON LIMITED (REGISTERED NUMBER: 00283231) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| 5. | TANGIBLE FIXED ASSETS - continued |
| If freehold properties had not been revalued they would have been included at the following historical cost: |
| 31/12/25 | 31/12/24 |
| £ | £ |
| Cost | 57,245 | 57,245 |
| Freehold properties were valued on an open market basis on 31 December 2019 by the directors . |
| 6. | FIXED ASSET INVESTMENTS |
| Investments that are neither listed or unlisted and are not loans were as follows : |
| Other investments £451,235 (2024: £430,306) |
| 7. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| At 1 January 2025 |
| and 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| At 31 December 2024 |
| Cost or valuation at 31 December 2025 is represented by: |
| £ |
| Valuation in 2011 | 25,000 |
| Valuation in 2019 | 250,000 |
| Valuation in 2024 | 25,000 |
| Cost | 600,000 |
| 900,000 |
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/12/25 | 31/12/24 |
| £ | £ |
| Trade debtors |
| Other debtors |
| PAYE debtor | 265 | 1,538 |
| Prepayments and accrued income |
| WALTER EDMUNDSON LIMITED (REGISTERED NUMBER: 00283231) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/12/25 | 31/12/24 |
| £ | £ |
| Trade creditors |
| Tax |
| VAT | 3,433 | 3,547 |
| Other creditors |
| Directors' current accounts | 26,435 | 127,644 |
| Accruals and deferred income |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/12/25 | 31/12/24 |
| value: | £ | £ |
| Ordinary | £1 | 25,000 | 25,000 |
| 11. | RESERVES |
| Fair |
| Retained | Revaluation | Other | value |
| earnings | reserve | reserves | reserve | Totals |
| £ | £ | £ | £ | £ |
| At 1 January 2025 | 2,043,992 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| Transfer | (15,697 | ) | - | - | 15,697 | - |
| At 31 December 2025 | 2,021,633 |
| 12. | ULTIMATE CONTROLLING PARTY |
| The company is controlled by the directors by way of their shareholding in the company although no individual directors has overall control. |