REGISTERED NUMBER: 12076478 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Schuck-Walker Properties Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Walker

REGISTERED OFFICE:

14 The Nest

Lovering Dry

Charlestown

St Austell

Cornwall

PL25 3GN

REGISTERED NUMBER:

12076478 (England and Wales)

FIXED ASSETS

Investment property

4

1,430,850

1,430,850

CURRENT ASSETS

Prepayments

747

-

Cash at bank

18,522

11,919

19,269

11,919

CREDITORS

Amounts falling due within one year

394,622

393,969

NET CURRENT LIABILITIES

(375,353

)

(382,050

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,055,497

1,048,800

CREDITORS

Amounts falling due after more than one year

(814,307

)

(814,331

)

PROVISIONS FOR LIABILITIES

(59,855

)

(58,174

)

NET ASSETS

181,335

176,295

CAPITAL AND RESERVES

Called up share capital

100

100

Non-distributable reserve

5

197,356

199,037

Retained earnings

(16,121

)

(22,842

)

181,335

176,295

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 July 2026 and were signed by:

D Walker - Director

1.	STATUTORY INFORMATION

Schuck-Walker Properties Ltd 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 as modified by the revaluation of certain assets.

Turnover

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

Investment property

Investment properties are freehold properties held to earn rental income and/or for capital appreciation.

Investment properties are stated in the balance sheet at fair value in accordance with the most recent open market valuation.

Changes in fair value of investment property are recognised in the non-distributable reserve. Deferred tax is provided for against these movements.

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.

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 year was 1 (2025 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

1,430,850

NET BOOK VALUE

At 31 March 2026

1,430,850

At 31 March 2025

1,430,850

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

1,430,850

If investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

1,173,639

1,173,639

Investment property was valued on an open market basis on 31 March 2026 by D Walker, a director of the company .

5.

RESERVES

Non-distrib

reserve

£

At 1 April 2025

199,037

Revaluation movement

(1,681

)

At 31 March 2026

197,356