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REGISTERED NUMBER: 10467891 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 March 2023

for

Watkins Business Solutions Ltd

Watkins Business Solutions Ltd (Registered number: 10467891)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Watkins Business Solutions Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: R Watkins





REGISTERED OFFICE: 61 Hestercombe Close
Weston Super Mare
BS24 7JH





REGISTERED NUMBER: 10467891 (England and Wales)





ACCOUNTANTS: Dolman's Chartered Accountants
The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE

Watkins Business Solutions Ltd (Registered number: 10467891)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 174,464 174,464

CURRENT ASSETS
Cash at bank 855 955

CREDITORS
Amounts falling due within one year 5 2,365 2,365
NET CURRENT LIABILITIES (1,510 ) (1,410 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

172,954

173,054

CREDITORS
Amounts falling due after more than one year 6 186,711 185,474
NET LIABILITIES (13,757 ) (12,420 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (13,758 ) (12,421 )
(13,757 ) (12,420 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Watkins Business Solutions Ltd (Registered number: 10467891)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 November 2023 and were signed by:





R Watkins - Director


Watkins Business Solutions Ltd (Registered number: 10467891)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Watkins Business Solutions Ltd 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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 April 2022
and 31 March 2023 174,464
NET BOOK VALUE
At 31 March 2023 174,464
At 31 March 2022 174,464

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 2,365 2,365

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 127,053 127,053
Other creditors 59,658 58,421
186,711 185,474

Watkins Business Solutions Ltd (Registered number: 10467891)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 127,053 127,053