REGISTERED NUMBER: 00859614 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

C.E. WALTON & CO. LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S P Doherty

SECRETARY:

P Bradford

REGISTERED OFFICE:

Unit 5 Ninian Park

Ninian Way

Wilnecote

Tamworth

B77 5ES

REGISTERED NUMBER:

00859614 (England and Wales)

ACCOUNTANTS:

S Burgess & Co Ltd

11 Slayleigh Avenue

Sheffield

South Yorkshire

S10 3RA

FIXED ASSETS

Intangible assets

4

17,990

20,990

Tangible assets

5

261,117

201,119

279,107

222,109

CURRENT ASSETS

Debtors

6

79,486

105,017

Cash at bank and in hand

257,084

232,252

336,570

337,269

CREDITORS

Amounts falling due within one year

7

158,864

166,064

NET CURRENT ASSETS

177,706

171,205

TOTAL ASSETS LESS CURRENT LIABILITIES

456,813

393,314

CREDITORS

Amounts falling due after more than one year

8

(24,073

)

(504

)

PROVISIONS FOR LIABILITIES

10

(58,598

)

(44,497

)

NET ASSETS

374,142

348,313

CAPITAL AND RESERVES

Called up share capital

11

1,000

1,000

Retained earnings

373,142

347,313

SHAREHOLDERS' FUNDS

374,142

348,313

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 director acknowledges his 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 director and authorised for issue on 5 August 2026 and were signed by:

S P Doherty - Director

1.	STATUTORY INFORMATION

C.E. Walton & Co. 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.

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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover comprises the net invoiced value of drain repair and drain cleaning work, excluding value added tax, and is recognised upon the completion of the work.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Further goodwill was acquired in September 2021 upon the acquisition of part of a business. This goodwill is amortised over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% 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.

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.

Debtors and creditors due within one year

Debtors and creditors with no stated interest rate, which are due within one year, are stated at the transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income within administrative expenses.

Impairment

At each balance sheet date, assets are reviewed to determine whether there is any indication that any of the individual assets have suffered an impairment. If such indication exists, the recoverable amount of the asset, or the assets cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the statement of comprehensive income.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

185,800

AMORTISATION

At 1 January 2025

164,810

Amortisation for year

3,000

At 31 December 2025

167,810

NET BOOK VALUE

At 31 December 2025

17,990

At 31 December 2024

20,990

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2025

165,404

8,258

387,560

561,222

Additions

16,430

-

122,974

139,404

Disposals

-

-

(66,611

)

(66,611

)

At 31 December 2025

181,834

8,258

443,923

634,015

DEPRECIATION

At 1 January 2025

99,025

3,828

257,250

360,103

Charge for year

15,260

856

33,050

49,166

Eliminated on disposal

-

-

(36,371

)

(36,371

)

At 31 December 2025

114,285

4,684

253,929

372,898

NET BOOK VALUE

At 31 December 2025

67,549

3,574

189,994

261,117

At 31 December 2024

66,379

4,430

130,310

201,119

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

55,981

75,156

Other debtors

1,850

172

Prepayments

21,655

29,689

79,486

105,017

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts (see note 9)

33,200

17,978

Trade creditors

61,318

56,290

Corporation tax

6,259

28,242

Social security and other taxes

12,340

10,596

VAT

15,020

25,267

Other creditors

2,096

2,028

Accrued expenses

28,631

25,663

158,864

166,064

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts (see note 9)

24,073

504

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.25

31.12.24

£

£

Net obligations repayable:

Within one year

33,200

17,978

Between one and five years

24,073

504

57,273

18,482

Non-cancellable

operating leases

31.12.25

31.12.24

£

£

Within one year

20,640

20,640

Between one and five years

-

20,640

20,640

41,280

10.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred taxation

58,598

44,497

Deferred

tax

£

Balance at 1 January 2025

44,497

Accelerated capital allowances

14,101

Balance at 31 December 2025

58,598

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

1,000

Ordinary

£1

1,000

1,000