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Company Registration No. 5215709 (England and Wales)
Michael Watkinson Limited Unaudited accounts for the year ended 31 March 2025
Michael Watkinson Limited Unaudited accounts Contents
Page
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Michael Watkinson Limited Company Information for the year ended 31 March 2025
Director
M Watkinson
Company Number
5215709 (England and Wales)
Registered Office
SUNNYSIDE BARN LITHERSKEW SEDBUSK HAWES NORTH YORKSHIRE DL8 3PZ
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors Crown House, York Road Shiptonthorpe York East Yorkshire YO43 3PF
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Michael Watkinson Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Inventories
200 
200 
Debtors
20,920 
31,776 
Cash at bank and in hand
6,040 
35,137 
27,160 
67,113 
Creditors: amounts falling due within one year
(704)
(17,202)
Net current assets
26,456 
49,911 
Net assets
26,456 
49,911 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
26,356 
49,811 
Shareholders' funds
26,456 
49,911 
For the year ending 31 March 2025 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 22 July 2025 and were signed on its behalf by
M Watkinson Director Company Registration No. 5215709
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Michael Watkinson Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Michael Watkinson Limited is a private company, limited by shares, registered in England and Wales, registration number 5215709. The registered office is SUNNYSIDE BARN, LITHERSKEW SEDBUSK, HAWES, NORTH YORKSHIRE, DL8 3PZ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% on a reducing balance
Motor vehicles
25% on a reducing balance
Computer equipment
30% on a reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2024
4,853 
At 31 March 2025
4,853 
Depreciation
At 1 April 2024
4,853 
At 31 March 2025
4,853 
Net book value
At 31 March 2025
- 
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Michael Watkinson Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
20,920 
31,776 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
200 
15,562 
Accruals
504 
1,640 
704 
17,202 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
M Watkinson
Loan
31,195 
13,669 
26,016 
18,848 
31,195 
13,669 
26,016 
18,848 
The loan has been repaid following the year end with dividends.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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