1 May 2022 false Taxfiler 2023.14 SC697295business:PrivateLimitedCompanyLtd2022-05-012023-04-30 SC6972952022-04-30 SC6972952022-05-012023-04-30 SC697295business:AuditExemptWithAccountantsReport2022-05-012023-04-30 SC697295business:FilletedAccounts2022-05-012023-04-30 SC6972952023-04-30 SC697295business:Director12022-05-012023-04-30 SC697295business:RegisteredOffice2022-05-012023-04-30 SC6972952022-04-30 SC697295core:WithinOneYear2023-04-30 SC697295core:WithinOneYear2022-04-30 SC697295core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 SC697295core:ShareCapitalcore:PreviouslyStatedAmount2022-04-30 SC697295core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 SC697295core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-04-30 SC697295core:PreviouslyStatedAmount2023-04-30 SC697295core:PreviouslyStatedAmount2022-04-30 SC697295business:SmallEntities2022-05-012023-04-30 SC697295countries:Scotland2022-05-012023-04-30 SC697295core:FurnitureFittings2022-05-012023-04-30 SC697295core:FurnitureFittings2022-04-30 SC697295core:FurnitureFittings2023-04-30 SC6972952021-04-292022-04-30 iso4217:GBP xbrli:pure
Company Registration No. SC697295 (Scotland)
WATTERS ADVISORY SERVICES LTD Unaudited accounts for the year ended 30 April 2023
WATTERS ADVISORY SERVICES LTD Unaudited accounts Contents
Page
- 2 -
WATTERS ADVISORY SERVICES LTD Company Information for the year ended 30 April 2023
Director
Natalie Watters
Company Number
SC697295 (Scotland)
Registered Office
34 NEWMARKET STREET AYR KA7 1LP SCOTLAND
Accountants
McKinnon & Co Ltd ACPA 33 Newmarket Street Ayr Ayrshire KA7 1LL
- 3 -
WATTERS ADVISORY SERVICES LTD Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
205 
205 
Current assets
Debtors
4,029 
1,983 
Cash at bank and in hand
1,897 
2,297 
5,926 
4,280 
Creditors: amounts falling due within one year
(6,380)
(2,269)
Net current (liabilities)/assets
(454)
2,011 
Net (liabilities)/assets
(249)
2,216 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(349)
2,116 
Shareholders' funds
(249)
2,216 
For the year ending 30 April 2023 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 her 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 January 2024 and were signed on its behalf by
Natalie Watters Director Company Registration No. SC697295
- 4 -
WATTERS ADVISORY SERVICES LTD Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
WATTERS ADVISORY SERVICES LTD is a private company, limited by shares, registered in Scotland, registration number SC697295. The registered office is 34 NEWMARKET STREET, AYR, KA7 1LP, SCOTLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20% reducing balance after first year
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 May 2022
205 
At 30 April 2023
205 
Depreciation
At 30 April 2023
- 
Net book value
At 30 April 2023
205 
At 30 April 2022
205 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,029 
1,983 
- 5 -
WATTERS ADVISORY SERVICES LTD Notes to the Accounts for the year ended 30 April 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,308 
- 
Taxes and social security
515 
917 
Loans from directors
4,557 
392 
Accruals
- 
960 
6,380 
2,269 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -