WALKER GOOD HOMES LTD 31/05/2026 iXBRL

Company registration number: 16169765

WALKER GOOD HOMES LTD

Unaudited filleted financial statements

31 May 2026

WALKER GOOD HOMES LTD

Contents

Statement of financial position

Notes to the financial statements

WALKER GOOD HOMES LTD

Statement of financial position

31 May 2026

		31/05/26
	Note	£	£

Current assets
Stocks	4	86,350
Debtors	5	986
Cash at bank and in hand		42,536
		_______
		129,872
Creditors: amounts falling due
within one year	6	( 133,125)
		_______
Net current liabilities			( 3,253)
			_______
Total assets less current liabilities			( 3,253)

			_______
Net liabilities			( 3,253)
			_______

Capital and reserves
Called up share capital			3
Profit and loss account			( 3,256)
			_______
Shareholders deficit			( 3,253)
			_______

For the period ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 06 October 2026 , and are signed on behalf of the board by:

Mr Benjamin Good

Director

Company registration number: 16169765

WALKER GOOD HOMES LTD

Notes to the financial statements

Period ended 31 May 2026

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Walker Good Homes Ltd, 2 Green Gardens, Golcar, Huddersfield, West Yorkshire, HD7 4DG.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Stocks

			31/05/26
			£
	Raw materials and consumables		84,274
	Work in progress		2,076
			_______
			86,350
			_______

Stocks consist of:- 1. land purchased for the purpose of development stated at cost, 2. the related costs of development.

5. Debtors

			31/05/26
			£
	Other debtors		986
			_______

6. Creditors: amounts falling due within one year

			31/05/26
			£
	Other creditors		133,125
			_______

7. Deferred tax

The deferred tax included in the statement of financial position is as follows:

			31/05/26
			£
	Included in debtors (note 5)		986
			_______

The deferred tax account consists of the tax effect of timing differences in respect of:

			31/05/26
			£
	Unused tax losses		986
			_______

8. Directors advances, credits and guarantees

	During the period the directors entered into the following advances and credits with the company:

Period ended 31/05/26
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr Benjamin Good	-	( 50,095)	( 50,095)
	Mr Thomas Good	-	( 50,203)	( 50,203)
	Mr David Walker	-	( 230)	( 230)
		_______	_______	_______
		-	( 100,528)	( 100,528)
		_______	_______	_______

Credits on directors accounts are provided to the company unsecured, interest free and are repayable on demand.

9. Related party transactions

During the period the company entered into the following transactions with related parties:

	Transaction value	Balance owed by /(owed to)
	Period	Period
	ended	ended
	31/05/26	31/05/26
	£	£
D & G Construction & Groundworks Ltd (Co No. 13622691)	( 27,000)	( 27,000)
DAGS Services Ltd (Co No. 10406696)	( 4,973)	( 4,973)
	_______	_______

The above parties are related to the company due the respective directors interests in the related parties. The above loans made to the company are unsecured, interest free and are repayable on demand.