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REGISTERED NUMBER: 09067379 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Scott Watson Builders Limited

Scott Watson Builders Limited (Registered number: 09067379)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Scott Watson Builders Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: S A Watson
Mrs C E Watson





SECRETARY:





REGISTERED OFFICE: 31 High View Close
Leicester
LE4 9LJ





REGISTERED NUMBER: 09067379 (England and Wales)





ACCOUNTANTS: SJS Accountancy Services
1 North Street
Wigston
Leicester
LE18 1PS

Scott Watson Builders Limited (Registered number: 09067379)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,184 9,592

CURRENT ASSETS
Debtors 5 17,545 3,958
Cash at bank 10,781 30,625
28,326 34,583
CREDITORS
Amounts falling due within one year 6 13,032 15,225
NET CURRENT ASSETS 15,294 19,358
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,478

28,950

CREDITORS
Amounts falling due after more than one
year

7

(3,499

)

(6,432

)

PROVISIONS FOR LIABILITIES - (1,822 )
NET ASSETS 19,979 20,696

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 19,969 20,686
19,979 20,696

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Scott Watson Builders Limited (Registered number: 09067379)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 20 January 2025 and were signed on its behalf by:





S A Watson - Director


Scott Watson Builders Limited (Registered number: 09067379)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Scott Watson Builders 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.

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 etc - 25% on reducing balance, 20% on reducing balance and 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

Scott Watson Builders Limited (Registered number: 09067379)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 19,687
Additions 1,277
Disposals (1,698 )
At 30 June 2024 19,266
DEPRECIATION
At 1 July 2023 10,095
Charge for year 2,330
Eliminated on disposal (1,343 )
At 30 June 2024 11,082
NET BOOK VALUE
At 30 June 2024 8,184
At 30 June 2023 9,592

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 17,545 3,958

Other debtors amounting to £17,545 (2023 - £3,958) is represented by prepayments of £215 (2023 - £235) and a PAYE/CIS refund due of £17,330 (2023 - £3,723).

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 3,183 3,408
Taxation and social security 8,470 10,223
Other creditors 1,379 1,594
13,032 15,225

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 3,499 6,432