Registered number
11702294
Watkinson Estate Ltd
Report and Accounts
31 December 2024
Watkinson Estate Ltd
Report to the director on the preparation of the unaudited statutory accounts of Watkinson Estate Ltd for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Watkinson Estate Ltd for the year ended 31 December 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Limited
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
12 July 2025
Watkinson Estate Ltd
Registered number: 11702294
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 134,561 134,561
Current assets
Cash at bank and in hand 4,935 2,837
Creditors: amounts falling due within one year 4 (21,237) (21,571)
Net current liabilities (16,302) (18,734)
Total assets less current liabilities 118,259 115,827
Creditors: amounts falling due after more than one year 5 (112,830) (112,830)
Net assets 5,429 2,997
Capital and reserves
Called up share capital 1 1
Profit and loss account 5,428 2,996
Shareholder's funds 5,429 2,997
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
C S Watkinson
Director
Approved by the board on 12 July 2025
Watkinson Estate Ltd
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings 0%
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 January 2024 134,561 334 134,895
At 31 December 2024 134,561 334 134,895
Depreciation
At 1 January 2024 - 334 334
At 31 December 2024 - 334 334
Net book value
At 31 December 2024 134,561 - 134,561
At 31 December 2023 134,561 - 134,561
4 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax - 557
Other creditors 21,237 21,014
21,237 21,571
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 112,830 112,830
6 Loans 2024 2023
£ £
Creditors include:
Secured bank loans 112,830 112,830
There is a charge with Paragon Bank PLC and The Mortage Works on the freehold property held.
7 Other information
Watkinson Estate Ltd is a private company limited by shares and incorporated in England. Its registered office is:
84 Glapton Lane
Nottingham
NG11 8DF
Watkinson Estate Ltd 11702294 false 2024-01-01 2024-12-31 2024-12-31 VT Final Accounts April 2024 C S Watkinson No description of principal activity 11702294 2023-01-01 2023-12-31 11702294 core:WithinOneYear 2023-12-31 11702294 core:AfterOneYear 2023-12-31 11702294 core:ShareCapital 2023-12-31 11702294 core:RetainedEarningsAccumulatedLosses 2023-12-31 11702294 2024-01-01 2024-12-31 11702294 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11702294 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 11702294 bus:Director40 2024-01-01 2024-12-31 11702294 countries:England 2024-01-01 2024-12-31 11702294 bus:FRS102 2024-01-01 2024-12-31 11702294 bus:FilletedAccounts 2024-01-01 2024-12-31 11702294 2024-12-31 11702294 core:WithinOneYear 2024-12-31 11702294 core:AfterOneYear 2024-12-31 11702294 core:ShareCapital 2024-12-31 11702294 core:RetainedEarningsAccumulatedLosses 2024-12-31 11702294 core:LandBuildings 2024-12-31 11702294 core:PlantMachinery 2024-12-31 11702294 2023-12-31 11702294 core:LandBuildings 2023-12-31 11702294 core:PlantMachinery 2023-12-31 iso4217:GBP xbrli:pure