REGISTERED NUMBER: 06859023 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2017

for

Walker Developments (Yorkshire) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

J M Walker

SECRETARY:

Mrs G L Walker

REGISTERED OFFICE:

Unit 2 Woodlands Mill

Dale Street

Huddersfield

West Yorkshire

HD3 4TG

REGISTERED NUMBER:

06859023 (England and Wales)

FIXED ASSETS

Tangible assets

3

151,098

190,663

CURRENT ASSETS

Debtors

4

16,584

57,089

Cash at bank

2,371

2,184

18,955

59,273

CREDITORS

Amounts falling due within one year

5

98,449

91,420

NET CURRENT LIABILITIES

(79,494

)

(32,147

)

TOTAL ASSETS LESS CURRENT LIABILITIES

71,604

158,516

CREDITORS

Amounts falling due after more than one year

6

43,486

109,393

NET ASSETS

28,118

49,123

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

28,018

49,023

SHAREHOLDERS' FUNDS

28,118

49,123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 10 April 2018 and were signed by:

J M Walker - Director

1.	STATUTORY INFORMATION

Walker Developments (Yorkshire) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company currently has net current liabilities as a result of amounts owed to the director of the company.

The director has agreed that he will not call on the monies due, to enable the company to meet its day to day

working capital requirements. On this basis, the director considers it appropriate to prepare the financial

statements on the going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance and Over lease term

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

3.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2017

and 31 December 2017

383,439

48,650

1,395

433,484

DEPRECIATION

At 1 January 2017

221,435

19,991

1,395

242,821

Charge for year

32,400

7,165

-

39,565

At 31 December 2017

253,835

27,156

1,395

282,386

NET BOOK VALUE

At 31 December 2017

129,604

21,494

-

151,098

At 31 December 2016

162,004

28,659

-

190,663

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2017

and 31 December 2017

337,966

34,400

372,366

DEPRECIATION

At 1 January 2017

189,150

9,744

198,894

Charge for year

29,763

6,164

35,927

At 31 December 2017

218,913

15,908

234,821

NET BOOK VALUE

At 31 December 2017

119,053

18,492

137,545

At 31 December 2016

148,816

24,656

173,472

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

16,584

57,089

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Hire purchase contracts

65,906

68,864

Trade creditors

2,254

5,451

Other creditors

30,289

17,105

98,449

91,420

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Hire purchase contracts

43,486

109,393

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Dividends

During the year dividends were paid to J M Walker of £30,000 (2016: £30,000).

8.	ULTIMATE CONTROLLING PARTY

The company is under the control of Mr J Walker, who holds 100% of the issued share capital.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Walker Developments (Yorkshire) Limited for the year ended 31 December 2017 which

comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Walker Developments (Yorkshire) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Walker Developments (Yorkshire) Limited and state those matters that we have agreed to state to the director of Walker Developments (Yorkshire) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Walker Developments (Yorkshire) Limited director for our work or for this report.

It is your duty to ensure that Walker Developments (Yorkshire) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Walker Developments (Yorkshire) Limited. You consider that Walker Developments (Yorkshire) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Walker Developments (Yorkshire) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Date: .............................................