Richard Walker Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04374457 (England and Wales)

Financial Statements for the Period 1 December 2024 to 6 February 2026

for

Richard Walker Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R H Walker

SECRETARY:

R H Walker

REGISTERED OFFICE:

Selbourne Bungalow

Back Commons

Clitheroe

Lancashire

BB7 2DX

REGISTERED NUMBER:

04374457 (England and Wales)

ACCOUNTANTS:

Bennett Kirkhope Smith

Chartered Certified Accountants

Suites 5 & 6 The Printworks

Hey Road

Barrow

Clitheroe

Lancashire

BB7 9WB

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

-

130,554

-

130,554

CURRENT ASSETS

Debtors

6

-

51,117

Cash at bank

210,491

74,881

210,491

125,998

CREDITORS

Amounts falling due within one year

7

184,537

146,818

NET CURRENT ASSETS/(LIABILITIES)

25,954

(20,820

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

25,954

109,734

PROVISIONS FOR LIABILITIES

8

-

39,745

NET ASSETS

25,954

69,989

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

25,854

69,889

SHAREHOLDERS' FUNDS

25,954

69,989

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 6 February 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 6 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 8 July 2026 and were signed by:

R H Walker - Director

1.	STATUTORY INFORMATION

Richard Walker Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 6 February 2026

15,000

AMORTISATION

At 1 December 2024

and 6 February 2026

15,000

NET BOOK VALUE

At 6 February 2026

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 December 2024

256,112

320

5,011

261,443

Additions

4,900

-

4,900

Disposals

(261,012

)

(320

)

(5,011

)

(266,343

)

At 6 February 2026

-

DEPRECIATION

At 1 December 2024

126,148

320

4,421

130,889

Charge for period

28,592

-

426

29,018

Eliminated on disposal

(154,740

)

(320

)

(4,847

)

(159,907

)

At 6 February 2026

-

NET BOOK VALUE

At 6 February 2026

-

At 30 November 2024

129,964

-

590

130,554

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 December 2024

113,000

Transfer to ownership

(113,000

)

At 6 February 2026

-

DEPRECIATION

At 1 December 2024

51,528

Charge for period

13,114

Transfer to ownership

(64,642

)

At 6 February 2026

-

NET BOOK VALUE

At 6 February 2026

-

At 30 November 2024

61,472

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

6.2.26

30.11.24

£

Trade debtors

-

47,429

Prepayments

-

3,688

-

51,117

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

6.2.26

30.11.24

£

Hire purchase contracts

-

8,497

Trade creditors

7,885

2,884

Corporation tax

42,420

24,560

VAT

28,713

13,791

Other creditors

163

1,470

Directors' current accounts

101,606

87,082

Accrued expenses

3,750

8,534

184,537

146,818

8.	PROVISIONS FOR LIABILITIES

6.2.26

30.11.24

£

Deferred tax

-

39,745

Deferred

tax

£

Balance at 1 December 2024

39,745

Credit to Statement of Income and Retained Earnings during period

(39,745

)

Balance at 6 February 2026

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

6.2.26

30.11.24

value:

£

100

Ordinary

£1

100