Company No: 05036124 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

C L Brand

SECRETARY

C A Brand

REGISTERED OFFICE	13 Kings Road
	Fleet
	Hampshire
	GU51 3AU
	United Kingdom

COMPANY NUMBER

05036124 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT

	Note	28.02.2025		29.02.2024
		£		£
Fixed assets
Tangible assets	3	104		165
		104		165
Current assets
Stocks	4	63,200		64,457
Debtors	5	283		0
Cash at bank and in hand		2,203		430
		65,686		64,887
Creditors: amounts falling due within one year	6	( 24,588)		( 20,540)
Net current assets		41,098		44,347
Total assets less current liabilities		41,202		44,512
Net assets		41,202		44,512
Capital and reserves
Called-up share capital		1		1
Profit and loss account		41,201		44,511
Total shareholder's funds		41,202		44,512

For the financial year ending 28 February 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of The Walnut Tree Trading Company Limited (registered number: 05036124) were approved and authorised for issue by the Director on 24 November 2025. They were signed on its behalf by:

C L Brand Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The Walnut Tree Trading Company Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 13 Kings Road, Fleet, Hampshire, GU51 3AU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Taxation

Current tax
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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings

20 % reducing balance

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	28.02.2025		29.02.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	0		0

2. Tangible assets

	Fixtures and fittings		Total
	£		£
Cost
At 01 March 2024	8,469		8,469
Disposals	( 815)		( 815)
At 28 February 2025	7,654		7,654
Accumulated depreciation
At 01 March 2024	8,304		8,304
Charge for the financial year	33		33
Disposals	( 787)		( 787)
At 28 February 2025	7,550		7,550
Net book value
At 28 February 2025	104		104
At 29 February 2024	165		165

3. Stocks

	28.02.2025		29.02.2024
	£		£
Stocks	63,200		64,457

5. Debtors

	28.02.2025		29.02.2024
	£		£
Prepayments	283		0

6. Creditors: amounts falling due within one year

	28.02.2025		29.02.2024
	£		£
Trade creditors	244		131
Accruals	1,300		1,300
Other creditors	23,044		19,109
	24,588		20,540