2023-12-01 03674950 2024-11-30 03674950 2023-12-01 2024-11-30 03674950 2023-11-30 03674950 2022-12-01 2023-11-30 03674950 uk-core:WithinOneYear 2023-11-30 03674950 uk-core:WithinOneYear 2024-11-30 03674950 uk-core:AfterOneYear 2023-11-30 03674950 uk-core:AfterOneYear 2024-11-30 03674950 uk-core:ShareCapital 2024-11-30 03674950 uk-core:ShareCapital 2023-11-30 03674950 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 03674950 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 03674950 uk-bus:Director1 2023-12-01 2024-11-30 03674950 uk-core:Buildings 2023-12-01 2024-11-30 03674950 uk-core:CommercialMotorVehicles 2023-12-01 2024-11-30 03674950 uk-core:FurnitureFittings 2023-12-01 2024-11-30 03674950 uk-core:FurnitureFittings 2023-11-30 03674950 uk-core:CommercialMotorVehicles 2023-11-30 03674950 uk-core:Buildings 2023-11-30 03674950 uk-core:Buildings 2024-11-30 03674950 uk-core:CommercialMotorVehicles 2024-11-30 03674950 uk-core:FurnitureFittings 2024-11-30 03674950 uk-core:WithinOneYear 2024-11-30 03674950 uk-core:WithinOneYear 2023-11-30 03674950 uk-core:AfterOneYear uk-core:Secured 2024-11-30 03674950 uk-core:AfterOneYear uk-core:Secured 2023-11-30 iso4217:GBP xbrli:pure 03674950 uk-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 03674950 uk-bus:FRS102 2023-12-01 2024-11-30 03674950 uk-bus:FilletedAccounts 2023-12-01 2024-11-30 03674950 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30
WATERS UPTON LIMITED
Registered Number:03674950
For the year ended 30 November 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
03674950
As at 30 November 2024
WATERS UPTON LIMITED
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
-
128,644
2
-
128,644
Current assets
Inventories
2,271
-
3
Trade and other receivables
18,675
-
4
74,278
Cash and cash equivalents
76,177
76,177
95,224
Trade and other payables: amounts falling due within one
year
(31,064)
(22,671)
5
64,160
53,506
Net current assets
Total assets less current liabilities
53,506
192,804
Trade and other payables: amounts falling due after more
than one year
(19,167)
-
6
-
(8,683)
Provisions for liabilities
53,506
Net assets
164,954
Capital and reserves
Called up share capital
100
100
Retained earnings
53,406
164,854
53,506
164,954
Shareholders' funds
For the year ended 30 November 2024 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 of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Raj Patel Director
These financial statements were approved and authorised for issue by the Board on 16 January 2025 and were signed by:
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Registered Number :
03674950
For the year ended 30 November 2024
WATERS UPTON LIMITED
Statement of Financial Position Continued
The notes form part of these financial statements
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4
For the year ended 30 November 2024
WATERS UPTON LIMITED
Notes to the Financial Statements
Statutory Information
WATERS UPTON LIMITED is a private limited company, limited by shares, domiciled in England and Wales,
registration number 03674950.
Principal place of business:
Bharat Restaurant
Waters Upton
Nr. TELFORD
TF6 6NP
Registered address:
KLM Associates
Jaguar House
Cecil Street
Birmingham
B19 3ST
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation . Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
0% Per annum on cost
25% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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For the year ended 30 November 2024
WATERS UPTON LIMITED
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
Land and
buildings
£
£
£
£
Cost or
valuation
At 01 December 2023
214,178
100,016
31,222
82,940
1,725
1,725
-
-
Additions
(101,741)
(31,222)
(82,940)
Disposals
(215,903)
At 30 November 2024
-
-
-
-
Provision for depreciation and impairment
At 01 December 2023
85,534
77,728
7,806
-
(85,534)
(77,728)
(7,806)
-
On disposal
At 30 November 2024
-
-
-
-
At 30 November 2024
Net book value
-
-
-
-
At 30 November 2023
82,940
23,416
22,288
128,644
3. Inventories
2023
2024
£
£
Stocks
-
2,271
4. Trade and other receivables
2023
2024
£
£
Prepayments and accrued income
-
1,230
Amounts owed by directors
-
16,433
Taxation and social security
-
1,012
18,675
-
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For the year ended 30 November 2024
WATERS UPTON LIMITED
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
-
10,000
Trade creditors
-
7,727
Taxation and social security
6,726
9,697
Accruals and deferred income
1,860
3,640
Directors' loan accounts
14,085
-
22,671
31,064
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
-
19,167
7. Related party transactions
The ultimate controlling party during the year was Raj Patel , director , whom controls the company by virtue of
owning , jointly with his spouse , 100% of the share capital.
8. Average number of persons employed
During the year the average number of employees was 6 (2023 : 6)
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