Reg Walker Investments Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07058985

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2018

FOR

REG WALKER INVESTMENTS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

I M Walker

Mrs N A Walker

REGISTERED OFFICE:

5 Stratford Place

London

Staffordshire

W1C 1AX

REGISTERED NUMBER:

07058985

ACCOUNTANTS:

Burlingtons Tax and Accounting

5 Stratford Place

London

W1C 1AX

CURRENT ASSETS

Debtors

81,950

123,414

Cash at bank

48,286

1,626

130,236

125,040

CREDITORS

Amounts falling due within one year

218,453

218,952

NET CURRENT LIABILITIES

(88,217

)

(93,912

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(88,217

)

(93,912

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Retained earnings

(88,317

)

(94,012

)

SHAREHOLDERS' FUNDS

(88,217

)

(93,912

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 24 September 2019 and were signed on its behalf by:

I M Walker - Director

1.	STATUTORY INFORMATION

Reg Walker Investments Ltd is a private company, limited by shares , registered in Not specified/Other. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial

assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and

loans to related parties.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are

measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to

be paid or received.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference

between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of

the amount that the Company would receive for the asset were it sold at the Balance Sheet date.

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.

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.18

30.11.17

value:

£

£

100

Ordinary

£1

100

100

4.	RELATED PARTY DISCLOSURES

Included within other creditors are amounts due to key management personnel of the company totalling

£215,617 (2017:£215,617)

5.	GOING CONCERN

Although total liabilities exceed total assets the directors are confident that the company can meet its liabilities as

they fall due.