WATTSHOT LTD

Company Registration Number:
13815433 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 23 December 2021

End date: 31 December 2022

WATTSHOT LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

WATTSHOT LTD

Company Information

for the Period Ended 31 December 2022




Registered office: International House
36-38 Cornhill
London
England
EC3V 3NG
Company Registration Number: 13815433 (England and Wales)

WATTSHOT LTD

Profit and Loss Account

for the Period Ended 31 December 2022


Notes

2022
£
Turnover 13,384
Cost of sales ( 3,772 )
Gross Profit or (Loss) 9,612
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 196,742 )
Administrative Expenses ( 10,376 )
Operating Profit or (Loss) ( 197,506 )
Profit or (Loss) Before Tax ( 197,506 )
Profit or (Loss) for Period ( 197,506 )

The notes form part of these financial statements

WATTSHOT LTD

Balance sheet

As at 31 December 2022


Notes

2022
£
Fixed assets
Total fixed assets: -
Current assets
Stocks: 19,159
Debtors: 4 18,123
Cash at bank and in hand: 26,120
Total current assets: 63,402
Creditors: amounts falling due within one year: 5 ( 37,406 )
Net current assets (liabilities): 25,996
Total assets less current liabilities: 25,996
Creditors: amounts falling due after more than one year: 6 ( 223,402 )
Total net assets (liabilities): ( 197,406 )

The notes form part of these financial statements

WATTSHOT LTD

Balance sheet continued

As at 31 December 2022


Notes

2022
£
Capital and reserves
Called up share capital: 100
Profit and loss account: ( 197,506 )
Shareholders funds: ( 197,406 )

For the year ending 31 December 2022 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 18 September 2023
And Signed On Behalf Of The Board By:

Name: Douglas Everest
Status: Director

The notes form part of these financial statements

WATTSHOT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    IFRS for Small and Medium-sized Entities
    Historical cost basis

    Turnover policy

    Revenue is recognised when the products have been delivered to the customer, the customer has accepted the products and collectibility is reasonably assured. Revenue is measured at the fair value of the consideration received or receivable

WATTSHOT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees


    2022
    Average number of employees during the period 0

WATTSHOT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 3. Off balance sheet disclosure

    No

WATTSHOT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors


2022
£
Trade debtors 11,220
Other debtors 6,903
Total 18,123

WATTSHOT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5.Creditors: amounts falling due within one year note


2022
£
Trade creditors 37,406
Total 37,406

WATTSHOT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6.Creditors: amounts falling due after more than one year


2022
£
Other creditors 223,402
Total 223,402