REGISTERED NUMBER: 09000368 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Walker & Co Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C M Burns

P M Dalowsky

REGISTERED OFFICE:

82 High Street

Maltby

Rotherham

South Yorkshire

S66 7BN

REGISTERED NUMBER:

09000368 (England and Wales)

ACCOUNTANTS:

SMH Haywood & Co Limited

24-26 Mansfield Road

Rotherham

South Yorkshire

S60 2DT

FIXED ASSETS

Intangible assets

3

-

-

Tangible assets

4

4,278

7,511

Investments

5

97,737

-

102,015

7,511

CURRENT ASSETS

Debtors

6

483,114

415,962

Cash at bank and in hand

404,582

505,575

887,696

921,537

CREDITORS

Amounts falling due within one year

7

208,087

191,115

NET CURRENT ASSETS

679,609

730,422

TOTAL ASSETS LESS CURRENT LIABILITIES

781,624

737,933

CREDITORS

Amounts falling due after more than one year

8

(8,361

)

(28,361

)

PROVISIONS FOR LIABILITIES

-

(10,639

)

NET ASSETS

773,263

698,933

CAPITAL AND RESERVES

Called up share capital

11

4

6

Capital redemption reserve

3

1

Retained earnings

773,256

698,926

SHAREHOLDERS' FUNDS

773,263

698,933

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 24 August 2026 and were signed on its behalf by:

C M Burns - Director

P M Dalowsky - Director

1.	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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten 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.

Land and buildings

-

5% on cost

Plant and machinery etc

-

33% on cost, 25% on cost, 20% on reducing balance and 15% on reducing balance

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

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 21 ) .

3.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

150,000

AMORTISATION

At 1 January 2025

and 31 December 2025

150,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

6,846

33,191

40,037

DEPRECIATION

At 1 January 2025

2,837

29,689

32,526

Charge for year

342

2,891

3,233

At 31 December 2025

3,179

32,580

35,759

NET BOOK VALUE

At 31 December 2025

3,667

611

4,278

At 31 December 2024

4,009

3,502

7,511

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

100,000

Revaluations

(2,263

)

At 31 December 2025

97,737

NET BOOK VALUE

At 31 December 2025

97,737

Cost or valuation at 31 December 2025 is represented by:

Other

investments

£

Valuation in 2025

97,737

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

101,372

78,449

Amounts recoverable on contract

297,573

263,330

Accrued income

3,387

4,298

Other debtor

17,254

-

Directors' current accounts

3,483

10,229

Prepayments

60,045

59,656

483,114

415,962

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

20,000

20,000

Trade creditors

6,468

406

Tax

79,899

63,518

Social security and other taxes

10,122

9,642

Wages control

-

998

VAT

23,467

49,427

Pension creditor

1,720

1,748

Directors' current accounts

6,386

20,615

Accruals

21,802

24,761

Deferred income

38,223

-

208,087

191,115

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

8,361

20,000

Bank loans - 2-5 years

-

8,361

8,361

28,361

9.	LEASING AGREEMENTS

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025

2024

£

£

14,625

34,125

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

28,361

48,361

There is a fixed and floating charge secured over the assets of the company.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

4

Ordinary shares

1

4

6

The company has the following classes of share as at 31 December 2025:

- 2 Class A Ordinary shares of £1 each

- 1 Class C Ordinary share of £1 each

- 1 Class D Ordinary share of £1 each

During the year, the company completed a purchase of own shares for 1 Class A Ordinary share of £1 each and 1 Class B Ordinary share of £1 each.

The Class A shares carry voting rights. The Class C and D shares do not carry voting rights.

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

A P Walker

Balance outstanding at start of year

10,229

20,480

Amounts advanced

71,229

45,929

Amounts repaid

(81,458

)

(56,180

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

10,229

C M Burns

Balance outstanding at start of year

(48

)

1,380

Amounts advanced

54,509

59,667

Amounts repaid

(50,978

)

(61,095

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,483

(48

)

Interest is charged on the overdrawn director's loan account at the official rate.

13.	RELATED PARTY DISCLOSURES

During the year, the company paid property rent totalling £19,500 (2024 - £19,500) to a pension fund of the director A.P Walker (resigned as director on 3 April 2025).

As at 31 December 2025, A.P. Walker, a former director, owed the company £16,873.