REGISTERED NUMBER: 04151038 (England and Wales)

WALKER TIMBER & FENCING CENTRE LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M J Walker

Mr M S Walker

Mr M J Walker

SECRETARY:

Mrs M J Walker

REGISTERED OFFICE:

Spinkfield Road

Birkby

Huddersfield

HD2 2AY

REGISTERED NUMBER:

04151038 (England and Wales)

ACCOUNTANTS:

SMH Sheards

Vernon House

40 New North Road

Huddersfield

West Yorkshire

HD1 5LS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

178,620

169,994

178,620

169,994

CURRENT ASSETS

Stocks

183,427

211,324

Debtors

6

223,501

258,363

Cash at bank and in hand

95,803

167,382

502,731

637,069

CREDITORS

Amounts falling due within one year

7

(284,144

)

(265,415

)

NET CURRENT ASSETS

218,587

371,654

TOTAL ASSETS LESS CURRENT LIABILITIES

397,207

541,648

CREDITORS

Amounts falling due after more than one year

8

(21,239

)

(25,655

)

PROVISIONS FOR LIABILITIES

11

(31,950

)

(42,093

)

NET ASSETS

344,018

473,900

CAPITAL AND RESERVES

Called up share capital

100

100

Capital redemption reserve

10

10

Retained earnings

343,908

473,790

SHAREHOLDERS' FUNDS

344,018

473,900

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 August 2026 and were signed on its behalf by:

Mr M S Walker - Director

1.	STATUTORY INFORMATION

Walker Timber & Fencing Centre 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represented by the invoiced sales of products and/or services, excluding VAT, which are recognised when the products and/or services are provided.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2001, was amortised evenly over its estimated useful life of six years.

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

-

25% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors, amounts owed by group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade and other creditors, bank loans, finance leases and accruals, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 16 (2025 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2025

and 30 April 2026

60,000

AMORTISATION

At 1 May 2025

and 30 April 2026

60,000

NET BOOK VALUE

At 30 April 2026

-

At 30 April 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2025

399,026

Additions

55,848

Disposals

(14,750

)

At 30 April 2026

440,124

DEPRECIATION

At 1 May 2025

229,032

Charge for year

42,555

Eliminated on disposal

(10,083

)

At 30 April 2026

261,504

NET BOOK VALUE

At 30 April 2026

178,620

At 30 April 2025

169,994

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

Plant and

machinery

etc

£

COST

At 1 May 2025

51,032

Additions

37,614

At 30 April 2026

88,646

DEPRECIATION

At 1 May 2025

22,326

Charge for year

7,718

At 30 April 2026

30,044

NET BOOK VALUE

At 30 April 2026

58,602

At 30 April 2025

28,706

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

22,952

47,363

Amounts owed by associates

192,496

202,496

Other debtors

8,053

8,504

223,501

258,363

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 9)

36,275

2,943

Trade creditors

109,484

134,365

Taxation and social security

25,891

49,861

Other creditors

112,494

78,246

284,144

265,415

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 9)

21,239

25,655

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

£

Net obligations repayable:

Within one year

36,275

2,943

Between one and five years

21,239

25,655

57,514

28,598

Non-cancellable

operating leases

2026

2025

£

£

In more than five years

34,227

-

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

57,514

28,598

Hire purchase liabilities are secured over the asset to which the agreement relates.

11.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

31,950

42,093

Deferred

tax

£

Balance at 1 May 2025

42,093

Credit to Income Statement during year

(10,143

)

Balance at 30 April 2026

31,950

12.	RELATED PARTY DISCLOSURES

Creditors includes loans due to directors totalling £106,384 (2025: £73,384). The loans are on an interest free basis.

A loan of £192,496 (2025: £202,496) was owing in the year from a company in which some of the directors and shareholders of Walker Timber and Fencing Centre Limited are also directors and shareholders of. This is on an interest free basis.