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Company Registration No. 11403687 (England and Wales)
Watson & Webb ltd Unaudited accounts for the year ended 30 April 2024
Watson & Webb ltd Unaudited accounts Contents
Page
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Watson & Webb ltd Company Information for the year ended 30 April 2024
Directors
Richard Brown Nicola Scott
Company Number
11403687 (England and Wales)
Registered Office
21 PRIEST LANE RIPON N YORKSHIRE HG4 1LT UNITED KINGDOM
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Watson & Webb ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
191,616 
- 
Current assets
Inventories
96,601 
276,931 
Debtors
29,311 
27,146 
Cash at bank and in hand
144,118 
217,302 
270,030 
521,379 
Creditors: amounts falling due within one year
(93,022)
(131,244)
Net current assets
177,008 
390,135 
Total assets less current liabilities
368,624 
390,135 
Creditors: amounts falling due after more than one year
(20,833)
(30,850)
Net assets
347,791 
359,285 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
347,789 
359,283 
Shareholders' funds
347,791 
359,285 
For the year ending 30 April 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 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 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 of Directors and authorised for issue on 24 January 2025 and were signed on its behalf by
Nicola Scott Director Company Registration No. 11403687
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Watson & Webb ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Watson & Webb ltd is a private company, limited by shares, registered in England and Wales, registration number 11403687. The registered office is 21 PRIEST LANE, RIPON, N YORKSHIRE, HG4 1LT, UNITED KINGDOM.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
5% Straight line
Fixtures & fittings
33% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
- 
- 
943 
943 
Additions
190,808 
322 
683 
191,813 
At 30 April 2024
190,808 
322 
1,626 
192,756 
Depreciation
At 1 May 2023
- 
- 
943 
943 
Charge for the year
- 
- 
197 
197 
At 30 April 2024
- 
- 
1,140 
1,140 
Net book value
At 30 April 2024
190,808 
322 
486 
191,616 
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Watson & Webb ltd Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,035 
7,817 
Accrued income and prepayments
2,199 
2,034 
Other debtors
22,077 
17,295 
29,311 
27,146 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
16,720 
5,035 
VAT
2,649 
11,879 
Trade creditors
15,155 
34,386 
Amounts owed to group undertakings and other participating interests
35,972 
66,366 
Taxes and social security
1,860 
11,464 
Loans from directors
19,666 
1,114 
Accruals
1,000 
1,000 
93,022 
131,244 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,833 
30,850 
8
Transactions with related parties
Siennasol Limited: The company is related to Watson & Webb Limited by virtue of common shareholders and directors. The amount owed to Siennasol Limited at the balance sheet date was (£35972) (2021: (£66366))
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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