REGISTERED NUMBER: 07694084 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2025

FOR

WATCHMAN (OZONE) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr K Bullman

REGISTERED OFFICE:

50 Icon Centre Eastern Way

Daventry

Northamptonshire

NN11 OQB

REGISTERED NUMBER:

07694084 (England and Wales)

ACCOUNTANTS:

SAS Accountant Ltd t/as OJW Associates

16 Hennals Avenue

Webheath

Redditch

Worcestershire

B97 5RX

FIXED ASSETS

Intangible assets

4

-

11,751

Tangible assets

5

5,201

6,935

5,201

18,686

CURRENT ASSETS

Stocks

35,000

47,950

Debtors

6

49,915

47,717

84,915

95,667

CREDITORS

Amounts falling due within one year

7

87,540

99,731

NET CURRENT LIABILITIES

(2,625

)

(4,064

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,576

14,622

CREDITORS

Amounts falling due after more than one year

8

64,119

84,322

NET LIABILITIES

(61,543

)

(69,700

)

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

(61,643

)

(69,800

)

SHAREHOLDERS' FUNDS

(61,543

)

(69,700

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th September 2025 and were signed by:

Mr K Bullman - Director

1.	STATUTORY INFORMATION

Watchman (Ozone) 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.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intellectual property are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Intellectual

property

£

COST

At 1st August 2024

and 31st July 2025

58,755

AMORTISATION

At 1st August 2024

47,004

Amortisation for year

11,751

At 31st July 2025

58,755

NET BOOK VALUE

At 31st July 2025

-

At 31st July 2024

11,751

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1st August 2024

and 31st July 2025

20,150

2,953

1,624

24,727

DEPRECIATION

At 1st August 2024

13,774

2,394

1,624

17,792

Charge for year

1,594

140

-

1,734

At 31st July 2025

15,368

2,534

1,624

19,526

NET BOOK VALUE

At 31st July 2025

4,782

419

-

5,201

At 31st July 2024

6,376

559

-

6,935

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

17,784

16,428

Other debtors

32,131

31,289

49,915

47,717

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

14,191

15,331

Trade creditors

29,571

28,890

Taxation and social security

11,159

11,867

Other creditors

32,619

43,643

87,540

99,731

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 9)

21,210

24,613

Other creditors

42,909

59,709

64,119

84,322

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

4,195

5,335

Bank loans

9,996

9,996

14,191

15,331

Amounts falling due between one and two years:

Bank loans - 1-2 years

9,996

9,996

Amounts falling due between two and five years:

Bank loans - 2-5 years

11,214

14,617

10.	DEFERRED TAX

£

Balance at 1st August 2024

(31,289

)

Provided during year

(842

)

Balance at 31st July 2025

(32,131

)

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100