IRIS Accounts Production v23.2.0.158 05377434 director 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05377434 2022-02-28 05377434 2023-02-28 05377434 2022-03-01 2023-02-28 05377434 2021-02-28 05377434 2021-03-01 2022-02-28 05377434 2022-02-28 05377434 ns10:Original ns15:EnglandWales 2022-03-01 2023-02-28 05377434 ns14:PoundSterling ns10:Original 2022-03-01 2023-02-28 05377434 ns10:Original ns10:Director1 2022-03-01 2023-02-28 05377434 ns10:Original 2022-03-01 2023-02-28 05377434 ns10:Original 2023-02-28 05377434 ns10:Original ns10:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 05377434 ns10:Original ns10:SmallEntities 2022-03-01 2023-02-28 05377434 ns10:Original ns10:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 05377434 ns10:Original ns10:SmallCompaniesRegimeForDirectorsReport 2022-03-01 2023-02-28 05377434 ns10:SmallCompaniesRegimeForAccounts ns10:Original 2022-03-01 2023-02-28 05377434 ns10:Original ns10:FullAccounts 2022-03-01 2023-02-28 05377434 ns10:CompanySecretary1 ns10:Original 2022-03-01 2023-02-28 05377434 ns10:Original ns10:RegisteredOffice 2022-03-01 2023-02-28 05377434 ns10:Original 2022-02-28 05377434 ns10:Original ns5:CurrentFinancialInstruments 2023-02-28 05377434 ns10:Original ns5:CurrentFinancialInstruments 2022-02-28 05377434 ns10:Original ns5:Non-currentFinancialInstruments 2023-02-28 05377434 ns10:Original ns5:Non-currentFinancialInstruments 2022-02-28 05377434 ns5:ShareCapital ns10:Original 2023-02-28 05377434 ns5:ShareCapital ns10:Original 2022-02-28 05377434 ns10:Original ns5:RetainedEarningsAccumulatedLosses 2023-02-28 05377434 ns10:Original ns5:RetainedEarningsAccumulatedLosses 2022-02-28 05377434 ns10:Original ns5:PlantMachinery 2022-03-01 2023-02-28 05377434 ns10:Original ns5:FurnitureFittings 2022-03-01 2023-02-28 05377434 ns10:Original ns5:ComputerEquipment 2022-03-01 2023-02-28 05377434 ns10:Original 2021-03-01 2022-02-28 05377434 ns10:Original ns5:PlantMachinery 2022-02-28 05377434 ns10:Original ns5:FurnitureFittings 2022-02-28 05377434 ns10:Original ns5:ComputerEquipment 2022-02-28 05377434 ns10:Original 2022-02-28 05377434 ns10:Original ns5:PlantMachinery 2023-02-28 05377434 ns10:Original ns5:FurnitureFittings 2023-02-28 05377434 ns10:Original ns5:ComputerEquipment 2023-02-28 05377434 ns10:Original ns5:PlantMachinery 2022-02-28 05377434 ns10:Original ns5:FurnitureFittings 2022-02-28 05377434 ns10:Original ns5:ComputerEquipment 2022-02-28 05377434 ns10:Original ns5:CostValuation 2022-02-28 05377434 ns10:Original ns5:AdditionsToInvestments 2023-02-28 05377434 ns10:Original ns5:CostValuation 2023-02-28 05377434 ns10:Original ns5:CurrentFinancialInstruments ns5:WithinOneYear 2023-02-28 05377434 ns10:Original ns5:CurrentFinancialInstruments ns5:WithinOneYear 2022-02-28

REGISTERED NUMBER: 05377434 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 28 FEBRUARY 2023 |

| FOR |

| WATERFRAME LIMITED |

WATERFRAME LIMITED (REGISTERED NUMBER: 05377434)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

WATERFRAME LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 28 FEBRUARY 2023

| DIRECTOR: | S J Preston

| SECRETARY: | Mrs H J Preston

| REGISTERED OFFICE: | 85 Great Portland Street

| London

| W1W 7LT

| REGISTERED NUMBER: | 05377434 (England and Wales)

| ACCOUNTANTS: | GBJ Financial Limited

| Sterling House

| 27 Hatchlands Road

| Redhill

| Surrey

| RH1 6RW

WATERFRAME LIMITED (REGISTERED NUMBER: 05377434)

BALANCE SHEET

28 FEBRUARY 2023

| 2023 | 2022 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 7,518 |  | 10,068 |  |

Investments | 5 | 188,585 |  | 148,585 |  |

196,103 |  | 158,653 |  |

CURRENT ASSETS

Debtors | 6 | 34,713 |  | 27,148 |  |

Cash at bank | 90,540 |  | 179,972 |  |

125,253 |  | 207,120 |  |

CREDITORS

Amounts falling due within one year | 7 | 23,798 |  | 31,015 |  |

NET CURRENT ASSETS | 101,455 |  | 176,105 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 297,558 |  | 334,758 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 22,564 |  | 32,251 |  |

NET ASSETS | 274,994 |  | 302,507 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 274,894 |  | 302,407 |  |

274,994 |  | 302,507 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

WATERFRAME LIMITED (REGISTERED NUMBER: 05377434)

BALANCE SHEET - continued

28 FEBRUARY 2023

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 4 October 2023 and were signed by:

S J Preston - Director

WATERFRAME LIMITED (REGISTERED NUMBER: 05377434)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

1. | STATUTORY INFORMATION

| Waterframe 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 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.

| Preparation of consolidated financial statements

| The financial statements contain information about Waterframe Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| 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.

| Plant and machinery | - | 25% on reducing balance

| Fixtures, fittings and bicycle equipment | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2022 - 2 ) .

WATERFRAME LIMITED (REGISTERED NUMBER: 05377434)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2023

4. | TANGIBLE FIXED ASSETS

| Fixtures, |

| fittings |

| and |

| Plant and |  | bicycle |  | Computer |

| machinery |  | equipment |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 March 2022

| and 28 February 2023 | 625 |  | 7,371 |  | 38,988 |  | 46,984 |  |

| DEPRECIATION

| At 1 March 2022 | 625 |  | 6,430 |  | 29,861 |  | 36,916 |  |

| Charge for year | - |  | 241 |  | 2,309 |  | 2,550 |  |

| At 28 February 2023 | 625 |  | 6,671 |  | 32,170 |  | 39,466 |  |

| NET BOOK VALUE

| At 28 February 2023 | - |  | 700 |  | 6,818 |  | 7,518 |  |

| At 28 February 2022 | - |  | 941 |  | 9,127 |  | 10,068 |  |

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 March 2022 | 148,585 |  |

| Additions | 40,000 |  |

| At 28 February 2023 | 188,585 |  |

| NET BOOK VALUE

| At 28 February 2023 | 188,585 |  |

| At 28 February 2022 | 148,585 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2023 | 2022 |

£ | £ |

| Trade debtors | 34,510 |  | 25,177 |  |

| Other debtors | 203 |  | 1,971 |  |

34,713 |  | 27,148 |  |

WATERFRAME LIMITED (REGISTERED NUMBER: 05377434)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2023

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2023 | 2022 |

£ | £ |

| Bank loans and overdrafts | 10,648 |  | 10,648 |  |

| Trade creditors | 330 |  | 421 |  |

| Taxation and social security | 6,005 |  | 11,041 |  |

| Other creditors | 6,815 |  | 8,905 |  |

23,798 |  | 31,015 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2023 | 2022 |

£ | £ |

| Bank loans | 22,564 |  | 32,251 |  |