REGISTERED NUMBER: 06689983 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Waterlay Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Shah

SECRETARY:

K Shah

REGISTERED OFFICE:

106-108 Burnt Oak Broadway

Edgware

Middlesex

HA8 0BE

REGISTERED NUMBER:

06689983 (England and Wales)

FIXED ASSETS

Investment property

4

560,000

560,000

CURRENT ASSETS

Debtors

399

1,203

Cash at bank

399,701

358,961

400,100

360,164

CREDITORS

Amounts falling due within one year

68,819

61,620

NET CURRENT ASSETS

331,281

298,544

TOTAL ASSETS LESS CURRENT LIABILITIES

891,281

858,544

CREDITORS

Amounts falling due after more than one year

(507,487

)

(507,487

)

PROVISIONS FOR LIABILITIES

(6,782

)

(6,782

)

NET ASSETS

377,012

344,275

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

5

27,128

27,128

Retained earnings

349,784

317,047

SHAREHOLDERS' FUNDS

377,012

344,275

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2025 and were signed by:

A Shah - Director

1.	STATUTORY INFORMATION

Waterlay 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.

Income

Income represents rent receivable.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

560,000

NET BOOK VALUE

At 31 December 2024

560,000

At 31 December 2023

560,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2014

13,910

Valuation in 2015

10,000

Valuation in 2016

10,000

Cost

526,090

560,000

Investment properties were valued on an open market basis on 31 December 2024 by the director .

5.

RESERVES

Fair

value

reserve

£

At 1 January 2024

and 31 December 2024

27,128