WATERFORD FINANCE & INVESTMENT (UK) LIMITED

Company Registration Number:
03100777 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

WATERFORD FINANCE & INVESTMENT (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

WATERFORD FINANCE & INVESTMENT (UK) LIMITED

Company Information

for the Period Ended 31 December 2024




Director: A. Kruzhkov
Registered office: Kings House
10 Haymarket
London
SW1Y 4BP
Company Registration Number: 03100777 (England and Wales)

WATERFORD FINANCE & INVESTMENT (UK) LIMITED

Directors' Report Period Ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal Activities

Provision of consultancy services.

Directors

The directors shown below have held office during the whole of the period from 01 January 2024 to 31 December 2024
A. Kruzhkov

This report was approved by the board of directors on 25 September 2025
And Signed On Behalf Of The Board By:

Name: A. Kruzhkov
Status: Director

WATERFORD FINANCE & INVESTMENT (UK) LIMITED

Profit and Loss Account

for the Period Ended 31 December 2024


Notes

2024
£

2023
£
Turnover 396,095 376,779
Gross Profit or (Loss) 396,095 376,779
Administrative Expenses ( 392,165 ) ( 369,711 )
Operating Profit or (Loss) 3,930 7,068
Interest Receivable and Similar Income 260 -
Profit or (Loss) Before Tax 4,190 7,068
Tax on Profit ( 1,462 ) ( 1,462 )
Profit or (Loss) for Period 2,728 5,606

The notes form part of these financial statements

WATERFORD FINANCE & INVESTMENT (UK) LIMITED

Balance sheet

As at 31 December 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 4,090 5,014
Total fixed assets: 4,090 5,014
Current assets
Debtors: 5 112,861 172,480
Cash at bank and in hand: 10,360 6,425
Total current assets: 123,221 178,905
Creditors: amounts falling due within one year: 6 ( 10,313 ) ( 62,196 )
Net current assets (liabilities): 112,908 116,709
Total assets less current liabilities: 116,998 121,723
Creditors: amounts falling due after more than one year: 7 ( 357 ) ( 7,810 )
Total net assets (liabilities): 116,641 113,913

The notes form part of these financial statements

WATERFORD FINANCE & INVESTMENT (UK) LIMITED

Balance sheet continued

As at 31 December 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 116,639 113,911
Shareholders funds: 116,641 113,913

For the year ending 31 December 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 25 September 2025
And Signed On Behalf Of The Board By:

Name: A. Kruzhkov
Status: Director

The notes form part of these financial statements

WATERFORD FINANCE & INVESTMENT (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents consultancy fees net of VAT.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less depreciation.
    Tangible fixed assets are depreciated over their estimated useful lives, at the following rates:

    Office furniture and equipment - 20% per annum

    Other accounting policies

    Going concern The directors are of the opinion that it is appropriate to prepare these financial statements on a going concern basis.

WATERFORD FINANCE & INVESTMENT (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 5 5

WATERFORD FINANCE & INVESTMENT (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

WATERFORD FINANCE & INVESTMENT (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 January 2024 34,883 34,883
Additions 549 549
Disposals - -
Revaluations - -
Transfers - -
At 31 December 2024 35,432 35,432
Depreciation
At 01 January 2024 29,869 29,869
Charge for year 1,473 1,473
On disposals - -
Other adjustments - -
At 31 December 2024 31,342 31,342
Net book value
At 31 December 2024 4,090 4,090
At 31 December 2023 5,014 5,014

WATERFORD FINANCE & INVESTMENT (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors


2024
£

2023
£
Trade debtors 55,000 114,513
Prepayments and accrued income 49,984 50,060
Other debtors 7,877 7,907
Total 112,861 172,480

WATERFORD FINANCE & INVESTMENT (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 2,365 59,741
Taxation and social security 7,058 1,565
Other creditors 890 890
Total 10,313 62,196

WATERFORD FINANCE & INVESTMENT (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Other creditors 357 7,810
Total 357 7,810

WATERFORD FINANCE & INVESTMENT (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

8.1.Related party disclosures

Name of related party:
Description of relationship:
Parent company - Waterford Finance & Investment Limited
Description of the transaction:
During the year the company charged £396,095 (2023: £ 376,779) to Waterford Finance & Investment Limited for consultancy services. Included in creditors amounts falling due after more than one year, is a loan balance from Waterford Finance & Investment Limited £ 357 (2023:£7,810) This loan is not interest bearing and no interest was charged for the year.
Balance at 01 January 2024 7,810
Balance at 31 December 2024 357

Name of related party:
Description of relationship:
Affiliated Company - Waterford Finance and Investment Limited
Description of the transaction:
During the year the company was charged £ 179,321 (2023: £171,131) by Waterford Finance and Investment UK Limited for rental expenses.
Balance at 01 January 2024 59,742
Balance at 31 December 2024 0