1 April 2024 v2025.57.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP005251552024-04-012025-03-31005251552025-03-31005251552024-03-3100525155core:WithinOneYear2025-03-3100525155core:WithinOneYear2024-03-3100525155core:ShareCapital2025-03-3100525155core:ShareCapital2024-03-3100525155core:RetainedEarningsAccumulatedLosses2025-03-3100525155core:RetainedEarningsAccumulatedLosses2024-03-3100525155bus:Director12024-04-012025-03-3100525155bus:Director22024-04-012025-03-3100525155bus:RegisteredOffice2024-04-012025-03-31005251552023-04-012024-03-310052515512024-04-012025-03-3100525155countries:EnglandWales2024-04-012025-03-3100525155bus:AuditExemptWithAccountantsReport2024-04-012025-03-3100525155bus:PrivateLimitedCompanyLtd2024-04-012025-03-3100525155bus:SmallEntities2024-04-012025-03-3100525155bus:AbridgedAccounts2024-04-012025-03-31
Company registration number:
00525155
R.A.Watts Limited
Unaudited Filleted Abridged Financial Statements for the year ended
31 March 2025
Ledgers Ltd
Chartered Certified Accountants
10 Spitfire Business Park, Hawker Rd, Croydon, CR0 4WD, United Kingdom
R.A.Watts Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of R.A.Watts Limited
Year ended
31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
abridged financial statements
of
R.A.Watts Limited
for the year ended
31 March 2025
which comprise the income statement, statement of income and retained earnings, abridged statement of financial position and related notes from the company’s accounting records and from information and explanations you have given me.
As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Members/​Doc/​rule/​2018-rulebook.pdf.
This report is made solely to the Board of Directors of
R.A.Watts Limited
, as a body. My work has been undertaken solely to prepare for your approval the
abridged financial statements
of
R.A.Watts Limited
and state those matters that I have agreed to state to the Board of Directors of
R.A.Watts Limited
, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Technical/​fact/​tf-163-jan-24.pdf. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
R.A.Watts Limited
and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that
R.A.Watts Limited
has kept adequate accounting records and to prepare statutory
abridged financial statements
that give a true and fair view of the assets, liabilities, financial position and loss of
R.A.Watts Limited
. You consider that
R.A.Watts Limited
is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the abridged financial statements of R.A.Watts Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory abridged financial statements.
Ledgers Ltd
Chartered Certified Accountants
10 Spitfire Business Park
Hawker Rd
Croydon
CR0 4WD
United Kingdom
Date:
21 August 2025
R.A.Watts Limited
Abridged Statement of Financial Position
31 March 2025
20252024
££
Current assets    
Stocks -  
52,735
 
Debtors
110,344
 
84,251
 
Investments
214
 
3,637
 
Cash at bank and in hand
29,166
 
47,134
 
139,724
 
187,757
 
Creditors: amounts falling due within one year
(162,326
 )
(192,791
 )
Net current liabilities
(22,602
 )
(5,034
 )
Total assets less current liabilities (22,602 ) (5,034 )
Capital and reserves    
Called up share capital
24,002
 
24,002
 
Profit and loss account
(46,604
 )
(29,036
 )
Shareholders deficit
(22,602
 )
(5,034
 )
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.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements.
All of the members have consented to the preparation of the abridged statement of financial position for the year ended
31 March 2025
in accordance with Section 444(2A) of the Companies Act 2006.
These
abridged 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 income statement has not been delivered.
These
abridged financial statements
were approved by the board of directors and authorised for issue on
21 August 2025
, and are signed on behalf of the board by:
M Macdonald
T Partridge
DirectorDirector
Company registration number:
00525155
R.A.Watts Limited
Notes to the Abridged Financial Statements
Year ended
31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Airport House, Suite 245 Purley Way
,
Croydon
,
Surrey
,
CR0 0XZ
, United Kingdom.

2 Statement of compliance

These
abridged financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
abridged financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
abridged financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

4 Average number of employees

The average number of persons employed by the company during the year was
5
(2024:
5.00
).