WATKIN EVANS LIMITED

Company Registration Number:
10859293 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

WATKIN EVANS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Additional notes
Balance sheet notes

WATKIN EVANS LIMITED

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 154,806 140,990
Total fixed assets: 154,806 140,990
Current assets
Stocks: 4 1,500 1,500
Debtors: 5 7,113 1,235
Cash at bank and in hand: 21,494 37,871
Total current assets: 30,107 40,606
Creditors: amounts falling due within one year: 6 ( 78,348 ) ( 70,495 )
Net current assets (liabilities): (48,241) (29,889)
Total assets less current liabilities: 106,565 111,101
Creditors: amounts falling due after more than one year: 7 ( 76,322 ) ( 91,758 )
Provision for liabilities: ( 6,434 ) ( 3,808 )
Total net assets (liabilities): 23,809 15,535
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 23,709 15,435
Total Shareholders' funds: 23,809 15,535

The notes form part of these financial statements

WATKIN EVANS LIMITED

Balance sheet statements

For the year ending 31 July 2024 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 27 September 2024
and signed on behalf of the board by:

Name: Mr 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 2024

  • 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 Line Motor vehicles - 25% Straight Line Freehold Property - 2% Straight Line

WATKIN EVANS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 6 6

WATKIN EVANS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 125,124 40,542 20,027 185,693
Additions 4,139 23,333 27,472
Disposals
Revaluations
Transfers
At 31 July 2024 125,124 44,681 43,360 213,165
Depreciation
At 1 August 2023 4,171 24,697 15,835 44,703
Charge for year 2,502 7,396 3,758 13,656
On disposals
Other adjustments
At 31 July 2024 6,673 32,093 19,593 58,359
Net book value
At 31 July 2024 118,451 12,588 23,767 154,806
At 31 July 2023 120,953 15,845 4,192 140,990

WATKIN EVANS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Stocks

2024 2023
£ £
Stocks 1,500 1,500
Total 1,500 1,500

WATKIN EVANS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Debtors

2024 2023
£ £
Other debtors 7,113 1,235
Total 7,113 1,235

WATKIN EVANS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 16,857 16,456
Taxation and social security 379 3,054
Accruals and deferred income 25,182 2,577
Other creditors 35,930 48,408
Total 78,348 70,495

WATKIN EVANS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

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

2024 2023
£ £
Bank loans and overdrafts 76,322 91,758
Total 76,322 91,758