IRIS Accounts Production v25.1.4.42 11630059 director 1.11.23 31.10.24 31.10.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116300592023-10-31116300592024-10-31116300592023-11-012024-10-31116300592022-10-31116300592022-11-012023-10-31116300592023-10-3111630059ns15:EnglandWales2023-11-012024-10-3111630059ns14:PoundSterling2023-11-012024-10-3111630059ns10:Director12023-11-012024-10-3111630059ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3111630059ns10:SmallEntities2023-11-012024-10-3111630059ns10:AuditExemptWithAccountantsReport2023-11-012024-10-3111630059ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3111630059ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3111630059ns10:FullAccounts2023-11-012024-10-3111630059ns10:RegisteredOffice2023-11-012024-10-3111630059ns5:CurrentFinancialInstruments2024-10-3111630059ns5:CurrentFinancialInstruments2023-10-3111630059ns5:Non-currentFinancialInstruments2024-10-3111630059ns5:Non-currentFinancialInstruments2023-10-3111630059ns5:ShareCapital2024-10-3111630059ns5:ShareCapital2023-10-3111630059ns5:RetainedEarningsAccumulatedLosses2024-10-3111630059ns5:RetainedEarningsAccumulatedLosses2023-10-3111630059ns5:PlantMachinery2023-11-012024-10-3111630059ns5:PlantMachinery2023-10-3111630059ns5:PlantMachinery2024-10-3111630059ns5:PlantMachinery2023-10-3111630059ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3111630059ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-31
REGISTERED NUMBER: 11630059 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

WATTS AMP ELECTRICAL SERVICES LTD

WATTS AMP ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 11630059)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

WATTS AMP ELECTRICAL SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: S McGuane





REGISTERED OFFICE: 248 Church Lane
London
NW9 8SL





REGISTERED NUMBER: 11630059 (England and Wales)





ACCOUNTANTS: Gill & Company
248 Church Lane
Kingsbury
London
NW9 8SL

WATTS AMP ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 11630059)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 508 6,999

CURRENT ASSETS
Stocks - 8,570
Debtors 5 130,425 114,269
Cash at bank 14,153 35,769
144,578 158,608
CREDITORS
Amounts falling due within one year 6 50,784 49,922
NET CURRENT ASSETS 93,794 108,686
TOTAL ASSETS LESS CURRENT
LIABILITIES

94,302

115,685

CREDITORS
Amounts falling due after more than one
year

7

15,833

25,833
NET ASSETS 78,469 89,852

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 78,369 89,752
SHAREHOLDERS' FUNDS 78,469 89,852

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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 AMP ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 11630059)

BALANCE SHEET - continued
31 OCTOBER 2024


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 18 July 2025 and were signed by:





S McGuane - Director


WATTS AMP ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 11630059)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Watts Amp Electrical Services 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.
Plant and machinery etc - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

WATTS AMP ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 11630059)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 14,095
Disposals (11,240 )
At 31 October 2024 2,855
DEPRECIATION
At 1 November 2023 7,096
Charge for year 169
Eliminated on disposal (4,918 )
At 31 October 2024 2,347
NET BOOK VALUE
At 31 October 2024 508
At 31 October 2023 6,999

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,500 -
Other debtors 113,925 114,269
130,425 114,269

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1 338
Taxation and social security 10,083 9,704
Other creditors 40,700 39,880
50,784 49,922

WATTS AMP ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 11630059)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 15,833 25,833

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 15,833 25,833

WATTS AMP ELECTRICAL SERVICES LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
WATTS AMP ELECTRICAL SERVICES LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Gill & Company
248 Church Lane
Kingsbury
London
NW9 8SL


18 July 2025