Wattsal Limited 00602080 true 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is business support services. Digita Accounts Production Advanced 6.30.9574.0 true E C Tomlinson L G Tomlinson M L T Tomlinson 00602080 2024-01-01 2024-12-31 00602080 2024-12-31 00602080 core:ShareCapital 2024-12-31 00602080 core:CurrentFinancialInstruments 2024-12-31 00602080 bus:FRS102 2024-01-01 2024-12-31 00602080 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00602080 bus:FullAccounts 2024-01-01 2024-12-31 00602080 bus:Director4 2024-01-01 2024-12-31 00602080 bus:Director5 2024-01-01 2024-12-31 00602080 bus:Director6 2024-01-01 2024-12-31 00602080 bus:EntityHasNeverTraded 2024-01-01 2024-12-31 00602080 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00602080 countries:EnglandWales 2024-01-01 2024-12-31 00602080 2023-12-31 00602080 core:ShareCapital 2023-12-31 00602080 core:CurrentFinancialInstruments 2023-12-31 00602080 core:PreviouslyStatedAmount 2023-12-31 iso4217:GBP

Registration number: 00602080

Prepared for the registrar

Wattsal Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2024

 

Wattsal Limited

(Registration number: 00602080)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Current assets

 

Debtors

2

4

4

Capital and reserves

 

Called up share capital

3

4

4

Shareholders' funds

 

4

4

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 21 July 2025 and signed on its behalf by:
 


L G Tomlinson
Director

 

Wattsal Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

1

Accounting policies

Financial instruments


Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.
 Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
 

Trading status

The company was dormant and has not traded during the year.

2

Debtors

2024
£

2023
£

Other debtors

4

4

3

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

4

4

4

4