IRIS Accounts Production v25.1.3.33 08275967 director 1.11.23 31.10.24 31.10.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh082759672023-10-31082759672024-10-31082759672023-11-012024-10-31082759672022-10-31082759672022-11-012023-10-31082759672023-10-3108275967ns15:EnglandWales2023-11-012024-10-3108275967ns14:PoundSterling2023-11-012024-10-3108275967ns10:Director12023-11-012024-10-3108275967ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3108275967ns10:SmallEntities2023-11-012024-10-3108275967ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3108275967ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3108275967ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3108275967ns10:FullAccounts2023-11-012024-10-3108275967ns10:OrdinaryShareClass12023-11-012024-10-3108275967ns10:CompanySecretary12023-11-012024-10-3108275967ns10:RegisteredOffice2023-11-012024-10-3108275967ns5:CurrentFinancialInstruments2024-10-3108275967ns5:CurrentFinancialInstruments2023-10-3108275967ns5:Non-currentFinancialInstruments2024-10-3108275967ns5:Non-currentFinancialInstruments2023-10-3108275967ns5:ShareCapital2024-10-3108275967ns5:ShareCapital2023-10-3108275967ns5:RetainedEarningsAccumulatedLosses2024-10-3108275967ns5:RetainedEarningsAccumulatedLosses2023-10-3108275967ns5:PlantMachinery2023-10-3108275967ns5:PlantMachinery2023-11-012024-10-3108275967ns5:PlantMachinery2024-10-3108275967ns5:PlantMachinery2023-10-3108275967ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3108275967ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3108275967ns10:OrdinaryShareClass12024-10-31
REGISTERED NUMBER: 08275967 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 October 2024

for

R Watkins Services Limited

R Watkins Services Limited (Registered number: 08275967)






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


R Watkins Services Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: L E Watkins





SECRETARY: L E Watkins





REGISTERED OFFICE: 21 Gold Tops
Newport
South Wales
NP20 4PG





REGISTERED NUMBER: 08275967 (England and Wales)





ACCOUNTANTS: Guilfoyle Sage LLP
21 Gold Tops
Newport
South Wales
NP20 4PG

R Watkins Services Limited (Registered number: 08275967)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 7,590 10,319

CURRENT ASSETS
Debtors 6 6,426 6,426
Cash at bank and in hand 2,899 1,276
9,325 7,702
CREDITORS
Amounts falling due within one year 7 14,835 15,819
NET CURRENT LIABILITIES (5,510 ) (8,117 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,080

2,202

CREDITORS
Amounts falling due after more than one
year

8

(79

)

-

PROVISIONS FOR LIABILITIES (1,442 ) (1,960 )
NET ASSETS 559 242

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 459 142
SHAREHOLDERS' FUNDS 559 242

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 her 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.

R Watkins Services Limited (Registered number: 08275967)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 July 2025 and were signed by:





L E Watkins - Director


R Watkins Services Limited (Registered number: 08275967)

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

1. STATUTORY INFORMATION

R Watkins Services Limited 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

R Watkins Services Limited (Registered number: 08275967)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023
and 31 October 2024 43,478
DEPRECIATION
At 1 November 2023 33,159
Charge for year 2,729
At 31 October 2024 35,888
NET BOOK VALUE
At 31 October 2024 7,590
At 31 October 2023 10,319

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Other debtors 6,426 6,426

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 3,146 5,788
Finance leases - 4,345
Taxation and social security 2,976 2,974
Other creditors 8,713 2,712
14,835 15,819

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 79 -

R Watkins Services Limited (Registered number: 08275967)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
100 Ordinary £1 100 100