Walton & Norris Groundworks Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13293066

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		64,452		78,647

			64,452		78,647
CURRENT ASSETS
Debtors	5	86,541		76,903
Cash at bank and in hand		32,642		30,742

		119,183		107,645
Creditors: Amounts Falling Due Within One Year	6	(65,103 )		(45,526 )

NET CURRENT ASSETS (LIABILITIES)			54,080		62,119

TOTAL ASSETS LESS CURRENT LIABILITIES			118,532		140,766

Creditors: Amounts Falling Due After More Than One Year	7		(36,335 )		(52,485 )

NET ASSETS			82,197		88,281

CAPITAL AND RESERVES
Called up share capital	9		104		104
Profit and Loss Account			82,093		88,177

SHAREHOLDERS' FUNDS			82,197		88,281

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Walton & Norris Groundworks Ltd

Balance Sheet (continued)

As At 31 March 2026

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Daniel Norris

Director

08/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Walton & Norris Groundworks Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13293066 . The registered office is 1st Floor, Portfolio Place, 498 Broadway, Oldham, OL9 9PY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10% Reducing balance
Motor Vehicles	25% Reducing balance
Computer Equipment	25% Reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Walton & Norris Groundworks Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	8,300	102,785	4,167	115,252
Additions	-	6,200	-	6,200

As at 31 March 2026	8,300	108,985	4,167	121,452

Depreciation
As at 1 April 2025	2,854	31,332	2,419	36,605
Provided during the period	545	19,413	437	20,395

As at 31 March 2026	3,399	50,745	2,856	57,000

Net Book Value
As at 31 March 2026	4,901	58,240	1,311	64,452

As at 1 April 2025	5,446	71,453	1,748	78,647

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	26,498	23,468
Other debtors	60,043	53,435

	86,541	76,903

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	16,000	15,850
Other creditors	2,065	1,905
Taxation and social security	47,038	27,771

	65,103	45,526

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Walton & Norris Groundworks Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	36,335	52,485

8. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	16,000	15,850
Later than one year and not later than five years	36,335	52,485

	52,335	68,335

	52,335	68,335

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	104	104

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