Registration number: 00657165

Walker & Partners Limited

(Registration number: 00657165)

Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	3	24,876	26,039
Investment properties	4	4,810,711	4,402,060
		4,835,587	4,428,099
Current assets
Stocks		50,615	59,435
Debtors	5	37,032	45,300
Cash at bank and in hand		66,233	12,165
		153,880	116,900
Creditors: Amounts falling due within one year	6	(435,891)	(448,532)
Net current liabilities		(282,011)	(331,632)
Total assets less current liabilities		4,553,576	4,096,467
Provisions for liabilities		(660,750)	(565,750)
Net assets		3,892,826	3,530,717
Capital and reserves
Called up share capital		1,800	1,800
Capital redemption reserve		2,700	2,700
Fair value reserve		2,456,141	2,171,141
Retained earnings		1,432,185	1,355,076
Shareholders' funds		3,892,826	3,530,717

Walker & Partners Limited

(Registration number: 00657165)

Balance Sheet as at 31 March 2026 (continued)

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 14 October 2026 and signed on its behalf by:
 

.........................................

J W Walker

Director

Walker & Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	Accounting policies

Statutory information

Walker & Partners Limited is a private company, limited by shares, domiciled in England and Wales, company number 00657165. The registered office is at Inkersall Road Estate, Staveley, Chesterfield, S43 3JN.

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling.

These financial statements are in respect of the company as an individual entity.

Going concern

After due consideration of all relevant factors, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and the rental of the company's investment properties in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. Sales revenue is recognised at the point of sale or upon delivery of goods and revenue from property rental on a straight line basis over the lease terms.

Walker & Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

1	Accounting policies (continued)

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax shall be recognised in respect of all timing differences at the reporting date, except as otherwise required by FRS102. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that 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 income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Unrelieved tax losses and other deferred tax assets shall be 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.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold buildings	4% straight line
Fixtures, fittings and office equipment	15 - 25% straight line
Motor vehicles	20% straight line

Investment properties

Investment properties are carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors with the assistance of external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Stocks

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.

Walker & Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

3	Tangible assets

	Freehold land and buildings £	Equipment, fixtures and fittings £	Motor vehicles  £	Total £
Cost
At 1 April 2025	36,419	57,254	26,910	120,583
Additions	-	2,027	-	2,027
At 31 March 2026	36,419	59,281	26,910	122,610
Depreciation
At 1 April 2025	14,124	53,608	26,812	94,544
Charge for the year	1,457	1,635	98	3,190
At 31 March 2026	15,581	55,243	26,910	97,734
Carrying amount
At 31 March 2026	20,838	4,038	-	24,876
At 31 March 2025	22,295	3,646	98	26,039

4	Investment properties

At fair value	£
At 1 April 2025	4,402,060
Additions	28,651
Revaluation	380,000
At 31 March 2026	4,810,711

The investment properties are considered to be stated at fair value by the directors.

Walker & Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

5

Debtors

	2026 £	2025 £
Trade debtors	31,402	41,345
Prepayments and accrued income	630	1,887
Other debtors	5,000	2,068
	37,032	45,300

6

Creditors

	2026 £	2025 £
Due within one year
Trade creditors	1,331	166
Taxation and social security	41,975	18,574
Other creditors	21,957	21,957
Directors' current accounts	358,655	396,723
Accruals and deferred income	11,973	11,112
	435,891	448,532

7	Obligations under lease commitments

Operating leases
At the balance sheet date, the total amount of non cancellable operating lease commitments was £Nil (2025: £2,318).