Waters Edge Construction Limited

	Page
Accountant's Report	1
Statement of Financial Position	2—3
Notes to the Financial Statements	4—7

Report to the directors on the preparation of the unaudited statutory accounts of Waters Edge Construction Limited For The Year Ended 30 April 2025

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Waters Edge Construction Limited which comprise the Income Statement, the Statement of Financial Position and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Waters Edge Construction Limited , as a body, in accordance with the terms of our engagement letter dated 06 September 2021. Our work has been undertaken solely to prepare for your approval the accounts of Waters Edge Construction Limited and state those matters that we have agreed to state to the directors of Waters Edge Construction Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Waters Edge Construction Limited and its directors as a body for our work or for this report.

It is your duty to ensure that Waters Edge Construction Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Waters Edge Construction Limited . You consider that Waters Edge Construction Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Waters Edge Construction Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

FB Accountancy Services Limited

22/09/2025

FB Accountancy Services Limited

Chartered Certified Accountants

Unit 16, Heronsgate Trading Estate

Paycocke Road

Basildon

Essex

SS14 3EU

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Waters Edge Construction Limited

Statement of Financial Position

As At 30 April 2025

Statement of Financial Position

Registered number: 09005950

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		21,979		25,496

			21,979		25,496
CURRENT ASSETS
Stocks	5	57,290		43,917
Debtors	6	18,356		61,691
Cash at bank and in hand		93,282		15,076

		168,928		120,684
Creditors: Amounts Falling Due Within One Year	7	(140,743 )		(87,672 )

NET CURRENT ASSETS (LIABILITIES)			28,185		33,012

TOTAL ASSETS LESS CURRENT LIABILITIES			50,164		58,508

Creditors: Amounts Falling Due After More Than One Year	8		(33,993 )		(44,983 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(5,825 )		(4,844 )

NET ASSETS			10,346		8,681

CAPITAL AND RESERVES
Called up share capital	11		2		2
Income Statement			10,344		8,679

SHAREHOLDERS' FUNDS			10,346		8,681

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Waters Edge Construction Limited

Statement of Financial Position (continued)

As At 30 April 2025

For the year ending 30 April 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr James Reid

Director

21/09/2025

The notes on pages 4 to 7 form part of these financial statements.

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Waters Edge Construction Limited

Notes to the Financial Statements

For The Year Ended 30 April 2025

Notes to the Financial Statements

1. General Information

Waters Edge Construction Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09005950 . The registered office is 16 Heronsgate Trading Estate, Paycocke Road, Basildon, Essex, SS14 3EU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing balance
Motor Vehicles	25% Reducing balance
Computer Equipment	20% straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Waters Edge Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 May 2024	4,527	58,545	758	63,830
Additions	3,547	-	-	3,547

As at 30 April 2025	8,074	58,545	758	67,377

Depreciation
As at 1 May 2024	3,376	34,567	391	38,334
Provided during the period	917	5,995	152	7,064

As at 30 April 2025	4,293	40,562	543	45,398

Net Book Value
As at 30 April 2025	3,781	17,983	215	21,979

As at 1 May 2024	1,151	23,978	367	25,496

5. Stocks

	2025	2024
	£	£
Stock	57,290	43,917

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Waters Edge Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	17,856	61,391
Other debtors	500	300

	18,356	61,691

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	5,453	5,021
Trade creditors	42,158	14,426
Bank loans and overdrafts	5,536	5,412
Corporation tax	25,681	22,098
Other taxes and social security	12,649	37,060
Other creditors	4,266	3,655
Accruals and deferred income	45,000	-

	140,743	87,672

The bank loan consists of a loan recived under the government bounce back loan scheme.

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	10,049	15,503
Bank loans	23,944	29,480

	33,993	44,983

9. Secured Creditors

Of the creditors the following amounts are secured. The hire purchase loan is secured against the asset purchased.

	2025		2024
	£		£
Net obligations under finance lease and hire purchase contracts	15,502		20,524

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	5,453	5,021
Later than one year and not later than five years	10,049	15,503

	15,502	20,524

	15,502	20,524

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Waters Edge Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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