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Company Registration No. 05182581 (England and Wales)
Watermount Limited Unaudited accounts for the year ended 30 June 2023
Watermount Limited Unaudited accounts Contents
Page
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Watermount Limited Company Information for the year ended 30 June 2023
Director
D F O'Malley
Secretary
N L O'Malley
Company Number
05182581 (England and Wales)
Registered Office
26 Thornfield Road Heaton Moor Stockport Cheshire SK4 3JT
Accountants
Taylor Consultancy, Chartered Certified Accountants Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
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Watermount Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
441,812 
441,812 
Cash at bank and in hand
1 
1 
441,813 
441,813 
Creditors: amounts falling due within one year
(451,832)
(451,832)
Net current liabilities
(10,019)
(10,019)
Net liabilities
(10,019)
(10,019)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(11,019)
(11,019)
Shareholders' funds
(10,019)
(10,019)
For the year ending 30 June 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 16 September 2024 and were signed on its behalf by
D F O'Malley Director Company Registration No. 05182581
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Watermount Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Watermount Limited is a private company, limited by shares, registered in England and Wales, registration number 05182581. The registered office is 26 Thornfield Road, Heaton Moor, Stockport, Cheshire, SK4 3JT.
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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
451,832 
451,832 
5
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
800 Ordinary shares of £1 each
800 
800 
100 A Ordinary Shares of £1 each
100 
100 
100 B Ordinary Shares of £1 each
100 
100 
1,000 
1,000 
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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