WATKIN EVANS LIMITED

Company Registration Number:
10859293 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

WATKIN EVANS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Additional notes
Balance sheet notes

WATKIN EVANS LIMITED

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 140,990 154,255
Total fixed assets: 140,990 154,255
Current assets
Stocks: 4 1,500 1,500
Debtors: 5 1,235 921
Cash at bank and in hand: 37,871 38,832
Total current assets: 40,606 41,253
Creditors: amounts falling due within one year: 6 ( 70,495 ) ( 60,184 )
Net current assets (liabilities): (29,889) (18,931)
Total assets less current liabilities: 111,101 135,324
Creditors: amounts falling due after more than one year: 7 ( 91,758 ) ( 109,352 )
Provision for liabilities: ( 3,808 ) ( 5,909 )
Total net assets (liabilities): 15,535 20,063
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 15,435 19,963
Total Shareholders' funds: 15,535 20,063

The notes form part of these financial statements

WATKIN EVANS LIMITED

Balance sheet statements

For the year ending 31 July 2023 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 26 October 2023
and signed on behalf of the board by:

Name: Eric Neil Watkin
Status: Director

The notes form part of these financial statements

WATKIN EVANS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Plant and machinery - 20% Straight lineMotor vehicles - 25% Straight lineFreehold property - 2% Straight line

WATKIN EVANS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 6 6

WATKIN EVANS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 125,124 40,542 20,027 185,693
Additions
Disposals
Revaluations
Transfers
At 31 July 2023 125,124 40,542 20,027 185,693
Depreciation
At 1 August 2022 1,668 18,005 11,765 31,438
Charge for year 2,503 6,692 4,070 13,265
On disposals
Other adjustments
At 31 July 2023 4,171 24,697 15,835 44,703
Net book value
At 31 July 2023 120,953 15,845 4,192 140,990
At 31 July 2022 123,456 22,537 8,262 154,255

WATKIN EVANS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Stocks

2023 2022
£ £
Stocks 1,500 1,500
Total 1,500 1,500

WATKIN EVANS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors

2023 2022
£ £
Other debtors 1,235 921
Total 1,235 921

WATKIN EVANS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 16,456 15,317
Taxation and social security 3,054 2,712
Accruals and deferred income 2,577 2,547
Other creditors 48,408 39,608
Total 70,495 60,184

WATKIN EVANS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

7. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 91,758 109,352
Total 91,758 109,352