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REGISTERED NUMBER: 06839512 (England and Wales)










Financial Statements

for the Year Ended 30 April 2024

for

Waterjet Precision UK Limited

Waterjet Precision UK Limited (Registered number: 06839512)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Waterjet Precision UK Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: M J Harper
Mrs G A Harper
S M Beresford





SECRETARY: Mrs G A Harper





REGISTERED OFFICE: Harbrook House
Wrexham Road
Burland
Nantwich
Cheshire
CW5 8ND





REGISTERED NUMBER: 06839512 (England and Wales)





ACCOUNTANTS: John Greenall & Co Limited
20 Crewe Road
Sandbach
Cheshire
CW11 4NE

Waterjet Precision UK Limited (Registered number: 06839512)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 69,474 82,785

CURRENT ASSETS
Debtors 5 303,331 299,783
Cash at bank 2,249 1,672
305,580 301,455
CREDITORS
Amounts falling due within one year 6 158,619 149,266
NET CURRENT ASSETS 146,961 152,189
TOTAL ASSETS LESS CURRENT
LIABILITIES

216,435

234,974

CREDITORS
Amounts falling due after more than one
year

7

(3,579

)

(28,828

)

PROVISIONS FOR LIABILITIES (13,200 ) (15,729 )
NET ASSETS 199,656 190,417

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 199,556 190,317
SHAREHOLDERS' FUNDS 199,656 190,417

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

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

Waterjet Precision UK Limited (Registered number: 06839512)

Balance Sheet - continued
30 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 Board of Directors and authorised for issue on 31 December 2024 and were signed on its behalf by:





M J Harper - Director


Waterjet Precision UK Limited (Registered number: 06839512)

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

1. STATUTORY INFORMATION

Waterjet Precision UK 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 - 15% on reducing balance
Office equipment - 33% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 173,794 38,000 2,654 214,448
Additions 482 - - 482
At 30 April 2024 174,276 38,000 2,654 214,930
DEPRECIATION
At 1 May 2023 103,577 25,977 2,109 131,663
Charge for year 10,605 3,006 182 13,793
At 30 April 2024 114,182 28,983 2,291 145,456
NET BOOK VALUE
At 30 April 2024 60,094 9,017 363 69,474
At 30 April 2023 70,217 12,023 545 82,785

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 273,331 256,783
Other debtors 30,000 43,000
303,331 299,783

Waterjet Precision UK Limited (Registered number: 06839512)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 19,749 19,749
Hire purchase contracts 5,500 6,600
Trade creditors 8,904 9,299
Taxation and social security 62,427 49,838
Other creditors 62,039 63,780
158,619 149,266

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 3,579 23,328
Hire purchase contracts - 5,500
3,579 28,828

8. RELATED PARTY DISCLOSURES

The company is owned by Mr and Mrs MJ Harper, who are directors in the business known as Harbrook Engineering Limited. During the year, the company invoiced sales to Harbrook Engineering Limited totalling £129000 (2023 £111500), and received services from the same business totalling £72000 (2023 £72000).
At the year end, the company were owed a net amount by Harbrook Engineering Limited of £331250 (2022
£313800)
All transactions were performed at arm's length and at commercial rates.