Registered number
13142860
Watts Occurring Home Electricians Ltd
Filleted Accounts
31 January 2025
Watts Occurring Home Electricians Ltd
Registered number: 13142860
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,851 2,314
Current assets
Debtors 4 480 18,000
Cash at bank and in hand 23,518 32,696
23,998 50,696
Creditors: amounts falling due within one year 5 (10,890) (21,548)
Net current assets 13,108 29,148
Net assets 14,959 31,462
Capital and reserves
Called up share capital 100 100
Profit and loss account 14,859 31,362
Shareholder's funds 14,959 31,462
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mathew Jon Smith
Director
Approved by the board on 31 March 2025
Watts Occurring Home Electricians Ltd
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 February 2024 1,252 2,333 3,585
At 31 January 2025 1,252 2,333 3,585
Depreciation
At 1 February 2024 430 841 1,271
Charge for the year 299 164 463
At 31 January 2025 729 1,005 1,734
Net book value
At 31 January 2025 523 1,328 1,851
At 31 January 2024 822 1,492 2,314
4 Debtors 2025 2024
£ £
Other debtors 480 18,000
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors - 401
Taxation and social security costs 10,729 21,147
Other creditors 161 -
10,890 21,548
6 Other information
Watts Occurring Home Electricians Ltd is a private company limited by shares and incorporated in England. Its registered office is:
143 Station Road
West Byfleet
England
KT14 6DU
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