Company Registration No. 07816131 (England and Wales)
Watson Engineering Management Limited
Unaudited accounts
for the year ended 31 October 2024
Watson Engineering Management Limited
Unaudited accounts
Contents
Watson Engineering Management Limited
Company Information
for the year ended 31 October 2024
Director
Alan Edward WATSON
Company Number
07816131 (England and Wales)
Registered Office
Winton House
Winton Square
Basingstoke
Hampshire
RG21 8EN
United Kingdom
Accountants
Cranleys Chartered Accountants
Winton House
Winton Square
Basingstoke
Hampshire
RG21 8EN
Watson Engineering Management Limited
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
38,906
36,653
Creditors: amounts falling due within one year
(12,915)
(10,783)
Net current assets
44,986
46,148
Called up share capital
2
2
Profit and loss account
44,989
46,153
Shareholders' funds
44,991
46,155
For the year ending 31 October 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 April 2025 and were signed on its behalf by
Alan Edward WATSON
Director
Company Registration No. 07816131
Watson Engineering Management Limited
Notes to the Accounts
for the year ended 31 October 2024
Watson Engineering Management Limited is a private company, limited by shares, registered in England and Wales, registration number 07816131. The registered office is Winton House, Winton Square, Basingstoke, Hampshire, RG21 8EN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
8,748
11,477
Other debtors
10,247
8,801
Watson Engineering Management Limited
Notes to the Accounts
for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
12,881
10,783
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).