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Company Registration No. 11149316 (England and Wales)
Waterside (IOW) Ltd Unaudited accounts for the year ended 31 March 2025
Waterside (IOW) Ltd Unaudited accounts Contents
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Waterside (IOW) Ltd Company Information for the year ended 31 March 2025
Directors
Paul John Booker Georgia Louise McCarthy
Company Number
11149316 (England and Wales)
Registered Office
The Old Post Office 73 High Street Cowes Isle of Wight PO31 7AJ
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
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Waterside (IOW) Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,175 
19,558 
Current assets
Debtors
23,017 
1,591 
Cash at bank and in hand
102,550 
111,359 
125,567 
112,950 
Creditors: amounts falling due within one year
(114,466)
(39,330)
Net current assets
11,101 
73,620 
Total assets less current liabilities
22,276 
93,178 
Creditors: amounts falling due after more than one year
(11,433)
(21,320)
Net assets
10,843 
71,858 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
10,743 
71,758 
Shareholders' funds
10,843 
71,858 
For the year ending 31 March 2025 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 8 May 2025 and were signed on its behalf by
Georgia Louise McCarthy Director Company Registration No. 11149316
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Waterside (IOW) Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Waterside (IOW) Ltd is a private company, limited by shares, registered in England and Wales, registration number 11149316. The registered office is The Old Post Office, 73 High Street, Cowes, Isle of Wight, PO31 7AJ.
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.
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:
Plant & machinery
Straight Line - 5 Years
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2024
41,913 
At 31 March 2025
41,913 
Depreciation
At 1 April 2024
22,355 
Charge for the year
8,383 
At 31 March 2025
30,738 
Net book value
At 31 March 2025
11,175 
At 31 March 2024
19,558 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
22,350 
150 
Accrued income and prepayments
667 
- 
Other debtors
- 
1,441 
23,017 
1,591 
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Waterside (IOW) Ltd Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
16,941 
6,251 
Trade creditors
445 
- 
Taxes and social security
3,999 
10,971 
Other creditors
426 
- 
Loans from directors
90,941 
16,921 
Accruals
1,714 
5,187 
114,466 
39,330 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
11,433 
21,320 
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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