David L Walker Limited - Filleted accounts

Registered number

06796427

David L Walker Limited

Filleted Accounts

31 January 2026

CLH Accounting

Masons Business Centre

159a Wellgate

Rotherham

S60 2NN

David L Walker Limited
Registered number:		06796427
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		72,000			96,000
Tangible assets	4		129,882			130,607
			201,882			226,607

Current assets
Debtors	5	258,550			215,283
Cash at bank and in hand		178,114			280,654
		436,664			495,937

Creditors: amounts falling due within one year	6	(272,747)			(287,765)

Net current assets			163,917			208,172

Total assets less current liabilities			365,799			434,779

Creditors: amounts falling due after more than one year	7		(32,465)			(51,527)



Net assets			333,334			383,252

Capital and reserves
Called up share capital			100			100
Profit and loss account			333,234			383,152

Shareholders' funds			333,334			383,252

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




David L Walker
Director
Approved by the board on 28 September 2026

David L Walker Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	2% on cost
	Plant and machinery	33% on cost
	Fixtures, fittings, tools and equipment	15% on cost

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			10		9


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 February 2025					480,000
	At 31 January 2026					480,000

	Amortisation
	At 1 February 2025					384,000
	Provided during the year					24,000
	At 31 January 2026					408,000

	Net book value
	At 31 January 2026					72,000
	At 31 January 2025					96,000

	Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 February 2025	158,480		17,225		175,705
	Additions	-		6,050		6,050
	At 31 January 2026	158,480		23,275		181,755

	Depreciation
	At 1 February 2025	31,331		13,767		45,098
	Charge for the year	3,170		3,605		6,775
	At 31 January 2026	34,501		17,372		51,873

	Net book value
	At 31 January 2026	123,979		5,903		129,882
	At 31 January 2025	127,149		3,458		130,607


5	Debtors			2026		2025
£					£

	Trade debtors			250,018		194,504
	Deferred tax asset			816		1,695
	Other debtors			7,716		19,084
				258,550		215,283


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			26,081		30,310
	Trade creditors			33,825		18,372
	Taxation and social security costs			195,742		223,725
	Other creditors			17,099		15,358
				272,747		287,765


7	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			32,465		51,527


8	Loans			2026		2025
£					£
	Creditors include:

	Secured bank loans			58,547		81,836

	Loans are secured on the assets of the company.


9	Other financial commitments			2026		2025
£					£

	Total future minimum payments under non-cancellable operating leases			32,834		42,215


10	Controlling party

	The company is wholly controlled by D L Walker, P A Clarke, D Walker and M Walker who are the only shareholders.


11	Other information

	David L Walker Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Albion House
	89 Station Road
	Sheffield
	South Yorkshire
	S21 4FW