REGISTERED NUMBER: 11125959 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Waterlily Enterprise Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs Mali Mesbahunnahar Rahman

REGISTERED OFFICE:

128 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BL

REGISTERED NUMBER:

11125959 (England and Wales)

ACCOUNTANTS:

KAS Accountancy

Unit 6, Riverside Court

Don Road

Sheffield

S9 2TJ

FIXED ASSETS

Tangible assets

4

254,591

143,553

CURRENT ASSETS

Stocks

18,956

18,621

Debtors

5

28,000

9,448

Cash at bank and in hand

94,196

127,624

141,152

155,693

CREDITORS

Amounts falling due within one year

6

39,791

24,022

NET CURRENT ASSETS

101,361

131,671

TOTAL ASSETS LESS CURRENT LIABILITIES

355,952

275,224

CREDITORS

Amounts falling due after more than one year

7

246,575

154,768

NET ASSETS

109,377

120,456

CAPITAL AND RESERVES

Called up share capital

120,100

120,100

Retained earnings

(10,723

)

356

SHAREHOLDERS' FUNDS

109,377

120,456

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 16 September 2025 and were signed by:

Mrs Mali Mesbahunnahar Rahman - Director

1.	STATUTORY INFORMATION

Waterlily Enterprise 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.

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.

Improvements to property

-

in accordance with the property

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2024

34,200

139,505

143,763

8,500

325,968

Additions

-

19,829

125,803

-

145,632

At 31 December 2024

34,200

159,334

269,566

8,500

471,600

DEPRECIATION

At 1 January 2024

570

92,729

84,999

4,117

182,415

Charge for year

3,363

13,156

16,979

1,096

34,594

At 31 December 2024

3,933

105,885

101,978

5,213

217,009

NET BOOK VALUE

At 31 December 2024

30,267

53,449

167,588

3,287

254,591

At 31 December 2023

33,630

46,776

58,764

4,383

143,553

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

28,000

9,448

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

11,435

11,463

Hire purchase contracts

1,680

1,680

Social security and other taxes

21,644

10,879

Accrued expenses

5,032

-

39,791

24,022

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 2-5 years

61,884

72,495

Hire purchase contracts

242

1,921

Other creditors

-

10,917

Directors' loan accounts

184,449

69,435

246,575

154,768