Company Registration No. 06446220 (England and Wales)
Ian Walker Properties Limited
Unaudited accounts
for the year ended 31 March 2017
Ian Walker Properties Limited
Unaudited accounts
Contents
Ian Walker Properties Limited
Company Information
for the year ended 31 March 2017
Company Number
06446220 (England and Wales)
Registered Office
8 SHOBNALL ROAD
BURTON-ON-TRENT
STAFFORDSHIRE
DE14 2BA
Accountants
DWP Financial Solutions
Markeaton House
3 Slater Ave
Derby
Derbyshire
DE1 1GT
Ian Walker Properties Limited
Statement of financial position
as at 31 March 2017
Tangible assets
283,927
283,927
Cash at bank and in hand
2,457
1,431
Creditors: amounts falling due within one year
(79,874)
(79,654)
Net current liabilities
(77,373)
(78,173)
Total assets less current liabilities
206,554
205,754
Creditors: amounts falling due after more than one year
(146,317)
(158,643)
Called up share capital
100
100
Profit and loss account
60,137
47,011
Shareholders' funds
60,237
47,111
For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 27 June 2017.
Ian Walker
Director
Company Registration No. 06446220
Ian Walker Properties Limited
Notes to the Accounts
for the year ended 31 March 2017
Ian Walker Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 06446220. The registered office and principal place of business is 8 SHOBNALL ROAD, BURTON-ON-TRENT, STAFFORDSHIRE, DE14 2BA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Ian Walker Properties Limited
Notes to the Accounts
for the year ended 31 March 2017
Accrued income and prepayments
44
50
6
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
9,996
9,996
Corporation tax
3,282
3,040
Other taxes and social security costs
690
690
Loans from directors
65,367
65,367
7
Creditors: amounts falling due after more than one year
2017
2016
Bank loans
146,317
158,643
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).
