Registration number:
for the Year Ended
A and D Walker Limited
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A and D Walker Limited
Company Information
Chairman |
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Director |
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Company secretary |
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Registered office |
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Bankers |
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Accountants |
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A and D Walker Limited
Directors' Report for the Year Ended 31 March 2016
The directors present their report and the unaudited financial statements for the year ended 31 March 2016.
Directors of the company
The directors who held office during the year were as follows:
Small company provisions
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Approved by the Board on
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Mr AJ Walker
Chairman
Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
A and D Walker Limited
for the Year Ended 31 March 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of A and D Walker Limited for the year ended 31 March 2016 set out on pages 4 to 9 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 at icaew.com/membershandbook.
This report is made solely to the Board of Directors of A and D Walker Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of A and D Walker Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A and D Walker Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that A and D Walker Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of A and D Walker Limited. You consider that A and D Walker 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 accounts of A and D Walker 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 accounts.
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A D Betley, FCA
AIMS - Accountants for Business
27 Redwood Glade
Leighton Buzzard
Bedfordshire
LU7 3JT
14 September 2016
A and D Walker Limited
Profit and Loss Account for the Year Ended 31 March 2016
Note |
2016
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2015
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Turnover |
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Cost of sales |
( |
( |
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Gross profit |
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Administrative expenses |
( |
( |
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Operating loss |
( |
( |
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Other interest receivable and similar income |
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Loss on ordinary activities before taxation |
( |
( |
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Loss for the financial year |
( |
( |
4
A and D Walker Limited
(Registration number: 06193991)
Balance Sheet at 31 March 2016
Note |
2016
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2015
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
( |
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Shareholders' deficit |
( |
( |
Approved and authorised for issue by the Board on
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Mr AJ Walker
Chairman
5
A and D Walker Limited
Notes to the Financial Statements for the Year Ended 31 March 2016
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Accounting policies |
Basis of preparation
Going concern
The financial statements have been prepared on a going concern basis.
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Office equipment |
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Deferred tax
Financial instruments
Operating loss |
Operating loss is stated after charging:
2016
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2015
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Depreciation of tangible fixed assets |
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A and D Walker Limited
Notes to the Financial Statements for the Year Ended 31 March 2016
......... continued
Directors' remuneration |
The directors' remuneration for the year was as follows:
2016
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2015
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Remuneration (including benefits in kind) |
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Tangible fixed assets |
Office equipment
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Total
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Cost or valuation |
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At 1 April 2015 |
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Depreciation |
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At 1 April 2015 |
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Charge for the year |
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At 31 March 2016 |
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Net book value |
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At 31 March 2016 |
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At 31 March 2015 |
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Debtors |
2016
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2015
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Trade debtors |
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- |
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Other debtors |
- |
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A and D Walker Limited
Notes to the Financial Statements for the Year Ended 31 March 2016
......... continued
Creditors: Amounts falling due within one year |
2016
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2015
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Other taxes and social security |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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Reserves |
Profit and loss account
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Total
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At 1 April 2015 |
(11,906) |
(11,906) |
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Loss for the year |
(11,442) |
( |
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At 31 March 2016 |
(23,348) |
(23,348) |
Related party transactions |
Directors' advances and credits |
2016 |
2016 |
2015 |
2015 |
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Mr AJ Walker |
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- |
15,098 |
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A and D Walker Limited
Notes to the Financial Statements for the Year Ended 31 March 2016
......... continued
Control |
The company is controlled by the directors who own 100% of the called up share capital.