REGISTERED NUMBER: 13240323 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BIG WATCH BROS LTD

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

B D Mckirdy

REGISTERED OFFICE:

5 The Quadrant

Coventry

United Kingdom

CV1 2EL

REGISTERED NUMBER:

13240323 (England and Wales)

ACCOUNTANTS:

Askews Chartered Certified Accountants

5 The Quadrant

Coventry

West Midlands

CV1 2EL

The director presents his report with the financial statements of the company for the year ended 31 March 2025.

DIRECTOR

B D Mckirdy held office during the whole of the period from 1 April 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

B D Mckirdy - Director

18 September 2025

TURNOVER

185,648

499,237

Cost of sales

145,640

476,108

GROSS PROFIT

40,008

23,129

Distribution costs

-

1,650

Administrative expenses

11,765

18,157

11,765

19,807

OPERATING PROFIT

28,243

3,322

Interest receivable and similar income

3

87

28,246

3,409

Interest payable and similar expenses

15

128

PROFIT BEFORE TAXATION

28,231

3,281

Tax on profit

-

-

PROFIT FOR THE FINANCIAL YEAR

28,231

3,281

CURRENT ASSETS

Stocks

-

94,450

Debtors

4

34,748

34,858

Cash at bank

-

1,148

34,748

130,456

CREDITORS

Amounts falling due within one year

5

86,857

210,796

NET CURRENT LIABILITIES

(52,109

)

(80,340

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(52,109

)

(80,340

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(52,209

)

(80,440

)

(52,109

)

(80,340

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 18 September 2025 and were signed by:

B D Mckirdy - Director

1.	STATUTORY INFORMATION

Big Watch Bros Ltd 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.

At 31 March 2025 the company had net liabilities of £52,109 (2024: £80,340). Based on future forecasted profits and the continuing support of the company's bank, the director is of opinion of the company is a going concern and therefore the accounts have been prepared on this basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks

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

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interests in the assets of the company after deducting all of its liabilities.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

34,748

34,858

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

33

-

Trade creditors

-

123

Taxation and social security

1,153

2,818

Other creditors

85,671

207,855

86,857

210,796