| Registered number: 07651479 | ||||||||
| FOR THE YEAR ENDED 31 MARCH 2025 | ||||||||
| Prepared By: | ||||||||
| J D Services (South East) Limited | ||||||||
| Chartered Certified Accountants | ||||||||
| 95 London Road | ||||||||
| Maidstone | ||||||||
| Kent | ||||||||
| ME16 0EB | ||||||||
| Watermill Kitchens Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31 MARCH 2025 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Cornwall | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 07651479 | ||||||||
| ACCOUNTANTS | ||||||||
| J D Services (South East) Limited | ||||||||
| Chartered Certified Accountants | ||||||||
| 95 London Road | ||||||||
| Maidstone | ||||||||
| Kent | ||||||||
| ME16 0EB | ||||||||
| Watermill Kitchens Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31 MARCH 2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Watermill Kitchens Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 2 | |||||||||
| CURRENT ASSETS | ||||||||||
| Stock and work in progress | ||||||||||
| Cash at bank and in hand | ||||||||||
| 17,103 | 22,447 | |||||||||
| CREDITORS: Amounts falling due within one year | 4 | |||||||||
| NET CURRENT LIABILITIES | ( | (9,448) | ||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| PROVISIONS FOR LIABILITIES AND CHARGES | 6 | |||||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 7 | |||||||||
| Profit and loss account | 285 | 163 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| ............................. | ||||||||||
| Hazel Kim Young | ||||||||||
| Director | ||||||||||
| Watermill Kitchens Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31 MARCH 2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting FRS | ||||||||
| The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A for small entities. | ||||||||
| 1b. Depreciation | ||||||||
| Commercial Vehicles | reducing balance 25% | |||||||
| Equipment | straight line 25% | |||||||
| 1c. Stocks and work in progress | ||||||||
| Stocks and work in progress are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
| When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. | ||||||||
| Watermill Kitchens Limited | ||||||||
| 2. TANGIBLE FIXED ASSETS | ||||||
| Commercial | ||||||
| Vehicles | Equipment | Total | ||||
| £ | £ | £ | ||||
| Cost | ||||||
| At 1 April 2024 | 18,000 | 9,882 | 27,882 | |||
| Additions | - | 8,284 | 8,284 | |||
| Disposals | - | (8,855) | (8,855) | |||
| At 31 March 2025 | 18,000 | 9,311 | 27,311 | |||
| Depreciation | ||||||
| At 1 April 2024 | 7,125 | 9,114 | 16,239 | |||
| Disposals | - | (8,852) | (8,852) | |||
| For the year | 2,719 | 952 | 3,671 | |||
| At 31 March 2025 | 9,844 | 1,214 | 11,058 | |||
| Net Book Amounts | ||||||
| At 31 March 2025 | 16,253 | |||||
| At 31 March 2024 | 11,643 | |||||
| 3. STOCK | 2025 | 2024 | ||||
| £ | £ | |||||
| This comprises: | ||||||
| Work in progress | ||||||
| 4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| UK corporation tax | 900 | 1 | ||||||
| Directors current account | 28,978 | 31,044 | ||||||
| Trade creditors | 968 | 500 | ||||||
| Accruals | 395 | 350 | ||||||
| 31,241 | 31,895 | |||||||
| 5. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 2 | |||||
| Watermill Kitchens Limited | ||||||||
| 6. PROVISIONS FOR LIABILITIES | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Deferred taxation | 1,730 | 1,932 | ||||||
| 1,730 | 1,932 | |||||||
| 7. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 100 | 100 | |||||||
| 100 | 100 | |||||||
| 8. CONTROLLING PARTY | ||||||||
| The two directors betweem then represent the controlling parties. | ||||||||