WATC Limited - Accounts

WATC Limited
Contents Page
For the year ended 30 June 2025

Company information	1
Statement of financial position	2
Notes to the financial statements	3

WATC Limited
Company Information
For the year ended 30 June 2025

Directors	Jeff Conrad Simon Doman
Registered Number	07289446
Registered Office	Atcherley House 4 Atcherley Square West Raynham Norfolk NR21 7DG
Accountants	WallsMan Creative Limited Unit 14, Princeton Mews 167 London Road Kingston upon Thames KT2 6PT

1

WATC Limited
Statement of Financial Position
As at 30 June 2025

	Notes	2025 £	2024 £
Current assets
Debtors	3	2,454	630
Cash at bank and in hand		4,669	7,979
		7,123	8,609
Creditors: amount falling due within one year	4	(6,338)	(8,200)
Net current assets		785	409

Total assets less current liabilities		785	409
Net assets		785	409

Capital and reserves
Called up share capital		400	400
Profit and loss account		385	9
Shareholders' funds		785	409

For the year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 15 September 2025 and were signed on its behalf by:

-------------------------------
Jeff Conrad
Director

2

WATC Limited
Notes to the Financial Statements
For the year ended 30 June 2025

General Information

WATC Limited is a private company, limited by shares, registered in England and Wales, registration number 07289446, registration address Atcherley House , 4 Atcherley Square, West Raynham, Norfolk, NR21 7DG.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.

Debtors: amounts falling due within one year

	2025 £	2024 £
Prepayments & Accrued Income	661	0
PAYE & Social Security	1,173	0
Directors' Current Accounts - Jeff	620	630
	2,454	630

4.

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	508	112
Corporation Tax	357	0
PAYE & Social Security	0	390
Accrued Expenses	0	399
Deferred Income	2,006	0
Other Creditors	2	1
VAT	3,465	7,298
	6,338	8,200

3


Registered Number: 07289446
England and Wales
WATC LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 July 2024 End date: 30 June 2025