Walter Stohr Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07161655

Walter Stohr Ltd

Unaudited financial statements

For the year ended

31 March 2026

Walter Stohr Ltd

Statement of financial position

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Intangible assets	5	34,906	43,631
Tangible assets	6	146,206	172,254
		---------	---------
		181,112	215,885

Current assets

Stocks		59,160	50,945
Debtors	7	744,969	761,298
Cash at bank and in hand		58,987	128,038
		---------	---------
		863,116	940,281

Creditors: Amounts falling due within one year	8	( 259,375)		( 302,907)
		---------		---------
Net current assets			603,741		637,374
			---------		---------
Total assets less current liabilities			784,853		853,259

Creditors: Amounts falling due after more than one year	9		( 30,830)		( 43,115)

Provisions

Taxation including deferred tax	( 23,806)	( 26,443)
	---------	---------
Net assets	730,217	783,701
	---------	---------

Capital and reserves

Called up share capital	120	120
Profit and loss account	730,097	783,581
	---------	---------
Shareholders funds	730,217	783,701
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Walter Stohr Ltd

Statement of financial position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 29 July 2026 , and are signed on behalf of the board by:

Mr W P Stohr
Director

Company registration number: 07161655

Walter Stohr Ltd

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Wangford Veterinary Clinic, Pound Corner, Wangford, Suffolk, NR34 8RS.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	5% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold property improvements	-	2% straight line
Fixtures and Fittings	-	15% reducing balance
Motor Vehicles	-	20% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of employees during the year was 32 (2025: 31 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 April 2025 and 31 March 2026	174,506
	---------
Amortisation
At 1 April 2025	130,875
Charge for the year	8,725
	---------
At 31 March 2026	139,600
	---------
Carrying amount
At 31 March 2026	34,906
	---------
At 31 March 2025	43,631
	---------

6. Tangible assets

	Leasehold property improve- ments	Fixtures and Fittings	Motor Vehicles	Total
	£	£	£	£
Cost
At 1 April 2025	118,309	207,257	39,785	365,351
Additions	–	15,742	–	15,742
	---------	---------	-------	---------
At 31 March 2026	118,309	222,999	39,785	381,093
	---------	---------	-------	---------
Depreciation
At 1 April 2025	57,145	114,384	21,568	193,097
Charge for the year	23,661	14,486	3,643	41,790
	---------	---------	-------	---------
At 31 March 2026	80,806	128,870	25,211	234,887
	---------	---------	-------	---------
Carrying amount
At 31 March 2026	37,503	94,129	14,574	146,206
	---------	---------	-------	---------
At 31 March 2025	61,164	92,873	18,217	172,254
	---------	---------	-------	---------

7. Debtors

	2026	2025
	£	£
Trade debtors	89,134	83,365
Amounts owed by group undertakings	325,975	322,397
Prepayments and accrued income	25,028	25,992
Director's loan account	223,387	248,099
Other debtors	81,445	81,445
	---------	---------
	744,969	761,298
	---------	---------

8. Creditors: Amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	7,895	6,641
Trade creditors	117,213	108,185
Social security and other taxes	115,258	156,019
Other creditors	19,009	32,062
	---------	---------
	259,375	302,907
	---------	---------

Included within bank loans and overdrafts is an amount of £7,895 in respect of liabilities payable or repayable by instalments which fall due for payment within 1 year from the reporting date. Included within other creditors is £4,390 under hire purchase agreements are secured by the asset to which the agreement relates.

9. Creditors: Amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	20,480	28,375
Other creditors	10,350	14,740
	-------	-------
	30,830	43,115
	-------	-------

Included within bank loans and overdrafts is an amount of £20,480 in respect of liabilities payable or repayable by instalments which fall due for payment after one year from the reporting date. Included within other creditors is £10,350 under hire purchase agreements are secured by the asset to which the agreement relates.

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2026	2025
	£	£
Not later than 1 year	7,144	11,143
Later than 1 year and not later than 5 years	5,934	13,078
	-------	-------
	13,078	24,221
	-------	-------

11. Director's advances, credits and guarantees

At 31 March 2025 there was an overdrawn director's loan account of £ 223,387 (2024: £ 248,099 ). The maximum overdrawn amount during the year was £248,099.