IRIS Accounts Production v25.1.3.33 07370004 director 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary 1.00000 Ordinary B Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh073700042024-03-31073700042025-03-31073700042024-04-012025-03-31073700042023-03-31073700042023-04-012024-03-31073700042024-03-3107370004ns15:EnglandWales2024-04-012025-03-3107370004ns14:PoundSterling2024-04-012025-03-3107370004ns10:Director12024-04-012025-03-3107370004ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3107370004ns10:SmallEntities2024-04-012025-03-3107370004ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3107370004ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3107370004ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3107370004ns10:FullAccounts2024-04-012025-03-3107370004ns10:OrdinaryShareClass12024-04-012025-03-3107370004ns10:OrdinaryShareClass22024-04-012025-03-3107370004ns10:RegisteredOffice2024-04-012025-03-3107370004ns5:CurrentFinancialInstruments2025-03-3107370004ns5:CurrentFinancialInstruments2024-03-3107370004ns5:Non-currentFinancialInstruments2025-03-3107370004ns5:Non-currentFinancialInstruments2024-03-3107370004ns5:ShareCapital2025-03-3107370004ns5:ShareCapital2024-03-3107370004ns5:RetainedEarningsAccumulatedLosses2025-03-3107370004ns5:RetainedEarningsAccumulatedLosses2024-03-3107370004ns5:PlantMachinery2024-04-012025-03-3107370004ns5:MotorVehicles2024-04-012025-03-3107370004ns5:PlantMachinery2024-03-3107370004ns5:MotorVehicles2024-03-3107370004ns5:PlantMachinery2025-03-3107370004ns5:MotorVehicles2025-03-3107370004ns5:PlantMachinery2024-03-3107370004ns5:MotorVehicles2024-03-3107370004ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-03-3107370004ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2025-03-3107370004ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-04-012025-03-3107370004ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-03-3107370004ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3107370004ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3107370004ns10:OrdinaryShareClass12025-03-3107370004ns10:OrdinaryShareClass22025-03-31073700041ns10:Director12024-03-31073700041ns10:Director12023-03-31073700041ns10:Director12024-04-012025-03-31073700041ns10:Director12023-04-012024-03-31073700041ns10:Director12025-03-31073700041ns10:Director12024-03-31
REGISTERED NUMBER: 07370004 (England and Wales)











WATTS UP SOLAR LTD
TRADING AS
K. JONES ELECTRICAL

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025






WATTS UP SOLAR LTD (REGISTERED NUMBER: 07370004)
TRADING AS K. JONES ELECTRICAL

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


WATTS UP SOLAR LTD
TRADING AS K. JONES ELECTRICAL

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTOR: K Jones





REGISTERED OFFICE: Unit 22
Quarry Farm
Bodiam
Robertsbridge
East Sussex
TN32 5RA





REGISTERED NUMBER: 07370004 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE

WATTS UP SOLAR LTD (REGISTERED NUMBER: 07370004)
TRADING AS K. JONES ELECTRICAL

BALANCE SHEET
31ST MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,477 2,954

CURRENT ASSETS
Stocks 7,933 2,300
Debtors 5 16,382 23,937
Cash at bank 54,589 4,258
78,904 30,495
CREDITORS
Amounts falling due within one year 6 61,615 31,429
NET CURRENT ASSETS/(LIABILITIES) 17,289 (934 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,766

2,020

CREDITORS
Amounts falling due after more than
one year

7

-

(955

)

PROVISIONS FOR LIABILITIES (370 ) (739 )
NET ASSETS 18,396 326

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 18,296 226
SHAREHOLDERS' FUNDS 18,396 326

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

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.

WATTS UP SOLAR LTD (REGISTERED NUMBER: 07370004)
TRADING AS K. JONES ELECTRICAL

BALANCE SHEET - continued
31ST MARCH 2025


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 director and authorised for issue on 5th June 2025 and were signed by:





K Jones - Director


WATTS UP SOLAR LTD (REGISTERED NUMBER: 07370004)
TRADING AS K. JONES ELECTRICAL

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025


1. STATUTORY INFORMATION

Watts Up Solar Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Tools and equipment - 20% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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.

WATTS UP SOLAR LTD (REGISTERED NUMBER: 07370004)
TRADING AS K. JONES ELECTRICAL

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Tools and Motor
equipment vehicles Totals
£    £    £   
COST
At 1st April 2024
and 31st March 2025 22,090 29,858 51,948
DEPRECIATION
At 1st April 2024 22,090 26,904 48,994
Charge for year - 1,477 1,477
At 31st March 2025 22,090 28,381 50,471
NET BOOK VALUE
At 31st March 2025 - 1,477 1,477
At 31st March 2024 - 2,954 2,954

WATTS UP SOLAR LTD (REGISTERED NUMBER: 07370004)
TRADING AS K. JONES ELECTRICAL

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1st April 2024 16,129
Transfer to ownership (10,224 )
At 31st March 2025 5,905
DEPRECIATION
At 1st April 2024 13,175
Charge for year 1,477
Transfer to ownership (10,224 )
At 31st March 2025 4,428
NET BOOK VALUE
At 31st March 2025 1,477
At 31st March 2024 2,954

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 14,548 17,739
Amounts recoverable on contract 1,737 436
Other debtors 97 5,762
16,382 23,937

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 955 4,555
Trade creditors - 7,527
Taxation and social security 27,745 16,739
Other creditors 32,915 2,608
61,615 31,429

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Hire purchase contracts - 955

WATTS UP SOLAR LTD (REGISTERED NUMBER: 07370004)
TRADING AS K. JONES ELECTRICAL

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
35 Ordinary £1 35 35
65 Ordinary B Shares £1 65 65
100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

2025 2024
£    £   
K Jones
Balance outstanding at start of year 3,917 -
Amounts advanced - 3,917
Amounts repaid (34,160 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (30,243 ) 3,917

The director has a loan account with the company which is interest free and no fixed terms for repayment.