Company Registration No. 11680747 (England and Wales)
WATTS CONSTRUCTION SERVICES LIMITED
Unaudited accounts
for the year ended 30 November 2023
WATTS CONSTRUCTION SERVICES LIMITED
Unaudited accounts
Contents
WATTS CONSTRUCTION SERVICES LIMITED
Company Information
for the year ended 30 November 2023
Director
Jason Robert Watts
Company Number
11680747 (England and Wales)
Registered Office
BAILEY HILL HOUSE
WIGPOOL
MITCHELDEAN
GLOUCESTERSHIRE
GL17 0JW
UNITED KINGDOM
WATTS CONSTRUCTION SERVICES LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
60,268
28,098
Cash at bank and in hand
11,207
5,632
Creditors: amounts falling due within one year
(57,361)
(81,002)
Net current (liabilities)/assets
(1,351)
16,868
Total assets less current liabilities
58,917
44,966
Creditors: amounts falling due after more than one year
(35,521)
(18,551)
Called up share capital
1
1
Fair value reserve
4,727
4,727
Profit and loss account
18,668
21,687
Shareholders' funds
23,396
26,415
For the year ending 30 November 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 his 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 31 August 2024 and were signed on its behalf by
Jason Robert Watts
Director
Company Registration No. 11680747
WATTS CONSTRUCTION SERVICES LIMITED
Notes to the Accounts
for the year ended 30 November 2023
WATTS CONSTRUCTION SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11680747. The registered office is BAILEY HILL HOUSE, WIGPOOL, MITCHELDEAN, GLOUCESTERSHIRE, GL17 0JW, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
Straight Line over 5 years & 25% reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
31,957
-
31,957
Additions
33,800
2,262
36,062
At 30 November 2023
65,757
2,262
68,019
At 1 December 2022
3,859
-
3,859
Charge for the year
3,859
33
3,892
At 30 November 2023
7,718
33
7,751
At 30 November 2023
58,039
2,229
60,268
At 30 November 2022
28,098
-
28,098
WATTS CONSTRUCTION SERVICES LIMITED
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
26,202
83,418
Other debtors
12,069
4,100
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
46,774
51,628
Taxes and social security
10,587
29,346
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
8,788
-
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).