REGISTERED NUMBER: 04770863 (England and Wales)

Financial Statements for the Year Ended 31 May 2025

for

Watsons Of Brandsby Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E Watson

SECRETARY:

E Watson

REGISTERED OFFICE:

Mill Farm, Crayke Road

Brandsby

York

North Yorkshire

YO61 4RP

REGISTERED NUMBER:

04770863 (England and Wales)

ACCOUNTANTS:

Yorkshire Accountants Ripon

Eva Lett House

1 South Crescent

Ripon

North Yorkshire

HG4 1SN

FIXED ASSETS

Tangible assets

4

532,839

535,987

Investment property

5

-

120,000

532,839

655,987

CURRENT ASSETS

Stocks

50,791

75,698

Debtors

6

175,610

256,793

Investments

7

920

898

Cash at bank

278,606

87,322

505,927

420,711

CREDITORS

Amounts falling due within one year

8

218,583

362,146

NET CURRENT ASSETS

287,344

58,565

TOTAL ASSETS LESS CURRENT LIABILITIES

820,183

714,552

PROVISIONS FOR LIABILITIES

47,123

37,426

NET ASSETS

773,060

677,126

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Revaluation reserve

9

127,416

127,416

Retained earnings

644,644

548,710

773,060

677,126

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 September 2025 and were signed by:

E Watson - Director

1.	STATUTORY INFORMATION

Watsons Of Brandsby 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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.

Plant and machinery etc

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 June 2024

578,795

662,717

1,241,512

Additions

-

37,097

37,097

Disposals

-

(605

)

(605

)

Grants

-

(16,198

)

(16,198

)

At 31 May 2025

578,795

683,011

1,261,806

DEPRECIATION

At 1 June 2024

178,795

526,730

705,525

Charge for year

-

23,442

23,442

At 31 May 2025

178,795

550,172

728,967

NET BOOK VALUE

At 31 May 2025

400,000

132,839

532,839

At 31 May 2024

400,000

135,987

535,987

Cost or valuation at 31 May 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2023

127,416

-

127,416

Cost

451,379

683,011

1,134,390

578,795

683,011

1,261,806

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

120,000

Disposals

(120,000

)

At 31 May 2025

-

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

120,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

14,461

88,782

Other debtors

161,149

168,011

175,610

256,793

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Current asset investment

920

898

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

178,642

356,405

Taxation and social security

39,941

5,741

218,583

362,146

9.

RESERVES

Revaluation

reserve

£

At 1 June 2024

and 31 May 2025

127,416