Walton Wagner Limited - Filleted accounts

Registered number

07441313

Walton Wagner Limited

Unaudited Filleted Accounts

30 November 2025

Walton Wagner Limited
Registered number:		07441313
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		3,289			7,125
Investments	4		2			2
			3,291			7,127

Current assets
Debtors	5	801,259			975,377
Cash at bank and in hand		91,079			104,207
		892,338			1,079,584

Creditors: amounts falling due within one year	6	(253,252)			(204,621)

Net current assets			639,086			874,963

Total assets less current liabilities			642,377			882,090

Creditors: amounts falling due after more than one year	7		-			(6,026)

Provisions for liabilities			(822)			(1,781)


Net assets			641,555			874,283

Capital and reserves
Called up share capital			100			100
Share premium			99,975			99,975
Capital redemption			25			25
Profit and loss account			541,455			774,183

Shareholders' funds			641,555			874,283

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs J Perkins
Director
Approved by the board on 21 August 2026

Walton Wagner Limited
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings and equipment	over 4 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Group accounts
	The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small sized group. The company has therefore taken advantage of the exemptions provided by section 398 of the Companies Act 2006 not to prepare group accounts.

2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		7		8


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 December 2024				60,480
	At 30 November 2025				60,480

	Depreciation
	At 1 December 2024				53,355
	Charge for the year				3,836
	At 30 November 2025				57,191

	Net book value
	At 30 November 2025				3,289
	At 30 November 2024				7,125


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 December 2024				2

	At 30 November 2025				2


5	Debtors		2025		2024
£				£

	Trade debtors		181,830		200,449
	Amounts owed by group undertakings and undertakings in which the company has a participating interest		572,878		572,878
	Other debtors		46,551		202,050
			801,259		975,377


6	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		10,674		10,127
	Trade creditors		92,381		63,456
	Taxation and social security costs		49,241		22,198
	Other creditors		100,956		108,840
			253,252		204,621


7	Creditors: amounts falling due after one year		2025		2024
£				£

	Bank loans		-		6,026


8	Other financial commitments		2025		2024
£				£

	Total future minimum payments under non-cancellable operating leases		142,975		183,825


9	Other information

	Walton Wagner Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Portland House
	21 Narborough Road
	Cosby
	Leicester
	LE9 1TA

	During the year, on 4 Decemeber 2024 an Enterprise Management Incentive scheme was exercised and 556 1p shares created and issued to an employee of Walton Wagner Limited. On the same date all shares were transferred to an Employee Ownership Trust.