07651479falseKitchen furniture suppliers & fitters2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:Director22024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07651479

Watermill Kitchens Limited

ACCOUNTS
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
Glen Maitland Young
Hazel Kim Young
REGISTERED OFFICE
Olden Days Antiques
Five Lanes
Dobwalls
Cornwall
PL14 6JD
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 Sheet3
Notes To The Accounts4
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 31 March 2025
20252024
Notes££
FIXED ASSETS
Tangible assets216,25311,643
CURRENT ASSETS
Stock and work in progress4,2202,250
Cash at bank and in hand12,88320,197
17,10322,447
CREDITORS: Amounts falling due within one year431,24131,895
NET CURRENT LIABILITIES(14,138)(9,448)
TOTAL ASSETS LESS CURRENT LIABILITIES2,1152,195
PROVISIONS FOR LIABILITIES AND CHARGES61,7301,932
NET ASSETS385263
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account285163
SHAREHOLDERS' FUNDS385263
For the year ending 31 March 2025 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 6 June 2025 and signed on their behalf by
.............................
Glen Maitland Young
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
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance 25%
Equipmentstraight 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
VehiclesEquipmentTotal
£££
Cost
At 1 April 202418,0009,88227,882
Additions-8,2848,284
Disposals-(8,855)(8,855)
At 31 March 202518,0009,31127,311
Depreciation
At 1 April 20247,1259,11416,239
Disposals-(8,852)(8,852)
For the year2,7199523,671
At 31 March 20259,8441,21411,058
Net Book Amounts
At 31 March 20258,1568,09716,253
At 31 March 202410,87576811,643
3. STOCK 20252024
££
This comprises:
Work in progress4,2202,250
4,2202,250
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax9001
Directors current account28,97831,044
Trade creditors968500
Accruals395350
31,24131,895
5. EMPLOYEES
20252024
No.No.
Average number of employees22

Watermill Kitchens Limited

6. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation1,7301,932
1,7301,932
7. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
8. CONTROLLING PARTY
The two directors betweem then represent the controlling parties.