Registration number:
Watchstrapson Ltd
for the Year Ended 30 November 2024
Watchstrapson Ltd
Contents
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Company Information |
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Director's Report |
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Abridged Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Abridged Financial Statements |
Watchstrapson Ltd
Company Information
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Director |
Mr Antonio Yousef |
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Company secretary |
Thornton Secretarial Services Ltd |
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Registered office |
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Watchstrapson Ltd
Director's Report for the Year Ended 30 November 2024
The report and the abridged financial statements for the year ended 30 November 2024.
Director of the company
The director who held office during the year was as follows:
Principal activity
The principal activity of the company is Retail sale of watches and jewellery in specialised stores.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Watchstrapson Ltd
(Registration number: 10466548)
Abridged Balance Sheet as at 30 November 2024
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Note |
2024 |
2023 |
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Current assets |
|||
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Cash at bank and in hand |
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- |
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Creditors: Amounts falling due within one year |
( |
( |
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Total assets less current liabilities |
( |
( |
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Accruals and deferred income |
( |
- |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
1 |
1 |
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Retained earnings |
(46,467) |
(24,449) |
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Shareholders' deficit |
(46,466) |
(24,448) |
For the financial year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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• |
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• |
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
Approved and authorised by the
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Watchstrapson Ltd
Statement of Changes in Equity for the Year Ended 30 November 2024
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Share capital |
Retained earnings |
Total |
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At 1 December 2023 |
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( |
( |
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Loss for the year |
- |
( |
( |
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At 30 November 2024 |
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( |
( |
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Share capital |
Retained earnings |
Total |
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At 1 December 2022 |
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( |
( |
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At 30 November 2023 |
1 |
(24,449) |
(24,448) |
Watchstrapson Ltd
Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2024
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England and Wales
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis.
Foreign currency transactions and balances
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Watchstrapson Ltd
Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2024
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
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Share capital |
Allotted, called up and fully paid shares
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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1 Ordinary shares of £ 1 each of £1 each |
1 |
1 |
1 |
1 |