02981758falseveicle repair specialist2025-01-012025-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-12-31http://www.companieshouse.gov.uk/cd:Director12025-01-012025-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-12-31http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2024-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-12-31http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2025-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12025-01-012025-12-31http://www.companieshouse.gov.uk/pt:MotorCars2024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22025-01-012025-12-31http://www.companieshouse.gov.uk/pt:MotorCars2025-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32025-01-012025-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2025-01-012025-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass42025-01-012025-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/2025-01-012025-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FRS1022025-01-012025-12-31http://www.companieshouse.gov.uk/2025-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2025-01-012025-12-31http://www.companieshouse.gov.uk/cd:FilletedAccounts2025-01-012025-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02981758
D. Walton Limited
ACCOUNTS
FOR THE YEAR ENDED 31/12/2025
Prepared By:
Montague Kaye
Accountants & Registered Auditors
82 Reddish Road
Reddish
Stockport
Cheshire
SK5 7QU
D. Walton Limited
BALANCE SHEET AT 31/12/2025
20252024
Notes££
FIXED ASSETS
Tangible assets3271,835221,178
Investment Assets4-67,044
271,835288,222
CURRENT ASSETS
Stock66,32968,081
Debtors6862,7811,426,282
Cash at bank and in hand1,008,619668,309
1,937,7292,162,672
CREDITORS: Amounts falling due within one year71,219,3861,327,229
NET CURRENT ASSETS718,343835,443
TOTAL ASSETS LESS CURRENT LIABILITIES990,1781,123,665
CREDITORS: Amounts falling due after more than one year8566,235594,358
NET ASSETS423,943529,307
CAPITAL AND RESERVES
Called up share capital9700700
Capital redemption reserve10500500
Profit and loss account422,743528,107
SHAREHOLDERS' FUNDS423,943529,307
For the year ending 31/12/2025 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 05/06/2026 and signed on their behalf by
.............................
D A Walton
Director
D. Walton Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance various %
Fixtures and Fittingsreducing balance various %
Motor Carsreducing balance various %
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
2. EMPLOYEES
20252024
No.No.
Average number of employees4647
D. Walton Limited
3. TANGIBLE FIXED ASSETS
Plant andFixtures
Machineryand FittingsMotor CarsTotal
££££
Cost
At 01/01/2025462,096254,961176,487893,544
Additions62,02942,44342,049146,521
Disposals(5,020)-(43,538)(48,558)
At 31/12/2025519,105297,404174,998991,507
Depreciation
At 01/01/2025393,833234,42644,107672,366
Disposals(4,973)-(16,814)(21,787)
For the year24,09210,33234,66969,093
At 31/12/2025412,952244,75861,962719,672
Net Book Amounts
At 31/12/2025106,15352,646113,036271,835
At 31/12/202468,26320,535132,380221,178
4. FINANCIAL ASSETS
Listed
InvestmentsTotal
££
Cost
At 01/01/202567,04467,044
Disposals(67,044)(67,044)
Amortisation
Net Book Amounts
At 31/12/202467,04467,044
5. STOCK 20252024
££
Stock comprises:
Stock66,32968,081
66,32968,081
D. Walton Limited
6. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors245,707434,173
Other debtors545,009603,810
Amounts due from related parties-200,000
Prepayments72,06588,323
Directors current account-99,976
862,7811,426,282
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax74,174134,007
VAT83,493101,688
PAYE control46,09852,735
Salaries and wages control30,49829,937
Directors current account2,499-
Bank Loan8,75810,000
Loans30,80030,800
Hire purchase4,3036,433
Trade creditors479,710448,564
Other creditors31,25931,627
Pension schemes6,6696,794
Accruals421,125474,644
1,219,3861,327,229
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans -9,045
Bank loans (secured) >1yr566,235580,067
Hire purchase -5,246
566,235594,358
D. Walton Limited
9. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
525 Ordinary shares of £1 each525525
35 B Ordinary of £1 each3535
70 C Ordinary of £1 each7070
70 D Ordinary of £1 each7070
700700
10. OTHER RESERVES 20252024
££
Capital redemption reserve500500
500500
11. RELATED PARTY TRANSACTIONS
The company was under the control of Mr D Walton, the director and majority shareholder throughout the current and previous year.
During the year, the company incurred costs of £175 (2024: £0) on behalf of Auto Reset Limited (company number 11157654), a company controlled by one of the directors. Auto Reset Limited was dissolved on 04/11/2025, and the balance was deemed irrecoverable and written off to the profit and loss account.
A further balance of £200,000 (2024: £200,000) was owed by D Walton Properties Limited (company number 15750758), a company controlled by two of the directors, which was dissolved on 19/03/2026. Although the dissolution occurred after the year end, the directors considered the balance irrecoverable at the balance sheet date, and therefore the balance was written off to the profit and loss account.