REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 9 JUNE 2023 TO 30 SEPTEMBER 2024 |
FOR |
WATKINSON HOLDINGS LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 9 JUNE 2023 TO 30 SEPTEMBER 2024 |
FOR |
WATKINSON HOLDINGS LIMITED |
WATKINSON HOLDINGS LIMITED (REGISTERED NUMBER: 14925745) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 9 JUNE 2023 TO 30 SEPTEMBER 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
WATKINSON HOLDINGS LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 9 JUNE 2023 TO 30 SEPTEMBER 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chandler House |
7 Ferry Road Office Park |
Riversway |
Preston |
Lancashire |
PR2 2YH |
WATKINSON HOLDINGS LIMITED (REGISTERED NUMBER: 14925745) |
BALANCE SHEET |
30 SEPTEMBER 2024 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Cash in hand |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Share premium |
SHAREHOLDERS' FUNDS |
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. |
The financial statements were approved by the director and authorised for issue on |
WATKINSON HOLDINGS LIMITED (REGISTERED NUMBER: 14925745) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 9 JUNE 2023 TO 30 SEPTEMBER 2024 |
1. | STATUTORY INFORMATION |
Watkinson Holdings Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about Watkinson Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Taxation |
Taxation for the period 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 period 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. |
Going concern |
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus continues to adopt the going concern basis of accounting in preparing the annual financial statements. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
WATKINSON HOLDINGS LIMITED (REGISTERED NUMBER: 14925745) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 9 JUNE 2023 TO 30 SEPTEMBER 2024 |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
Additions |
At 30 September 2024 |
NET BOOK VALUE |
At 30 September 2024 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed to group undertakings |
Other creditors |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary A | £1 | 200 |
Ordinary B | £1 | 1,800 |
Ordinary C | £1 | 1,334 |
3,334 |
7. | RELATED PARTY DISCLOSURES |
Included in other creditors as at 30 September 2024 is an amount of £42,000 owed to the Discretionary Trust (2) of T D Watkinson. The amount is deemed payable on demand and no interest has been charged. |