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REGISTERED NUMBER: 06868858 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024

FOR

MIKE WATKINSON LIMITED

MIKE WATKINSON LIMITED (REGISTERED NUMBER: 06868858)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MIKE WATKINSON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTOR: M Watkinson





SECRETARY: M Watkinson





REGISTERED OFFICE: 3 Priory Road
Norton
Doncaster
South Yorkshire
DN6 9EQ





REGISTERED NUMBER: 06868858 (England and Wales)





ACCOUNTANTS: Flemingate - Accountancy and Taxation
1 Village Courtyard
High Street
Holme on Spalding Moor
York
North Yorkshire
YO43 4AA

MIKE WATKINSON LIMITED (REGISTERED NUMBER: 06868858)

BALANCE SHEET
30TH APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 1,676 1,971
1,677 1,972

CURRENT ASSETS
Debtors 6 - 2,000
Cash at bank and in hand - 2,960
- 4,960
CREDITORS
Amounts falling due within one year 7 1,306 6,532
NET CURRENT LIABILITIES (1,306 ) (1,572 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

371

400

PROVISIONS FOR LIABILITIES 318 374
NET ASSETS 53 26

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 51 24
SHAREHOLDERS' FUNDS 53 26

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 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.

MIKE WATKINSON LIMITED (REGISTERED NUMBER: 06868858)

BALANCE SHEET - continued
30TH APRIL 2024


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 22nd December 2024 and were signed by:





M Watkinson - Director


MIKE WATKINSON LIMITED (REGISTERED NUMBER: 06868858)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

Mike Watkinson Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

MIKE WATKINSON LIMITED (REGISTERED NUMBER: 06868858)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st May 2023
and 30th April 2024 10,000
AMORTISATION
At 1st May 2023
and 30th April 2024 9,999
NET BOOK VALUE
At 30th April 2024 1
At 30th April 2023 1

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st May 2023
and 30th April 2024 8,686 217 302 9,205
DEPRECIATION
At 1st May 2023 6,770 194 270 7,234
Charge for year 287 3 5 295
At 30th April 2024 7,057 197 275 7,529
NET BOOK VALUE
At 30th April 2024 1,629 20 27 1,676
At 30th April 2023 1,916 23 32 1,971

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors - 2,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Tax 308 766
Directors' current accounts 38 4,073
Accrued expenses 960 1,693
1,306 6,532

MIKE WATKINSON LIMITED (REGISTERED NUMBER: 06868858)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

8. RELATED PARTY DISCLOSURES

Throughout the course of the period the company transacted with the director by way of an interest free loan account. At the start of the year the director was owed £ 4,073. Throughout the year he introduced funds of £ 1,050 and withdrew funds of £ 5,085 The amount owing to the director at the balance sheet date was £ 38.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the director, who along with his wife, owns 100% of the issued share capital.