Waters Travel Limited - Filleted accounts

Registered number

04319381

Waters Travel Limited

Filleted Accounts

31 March 2025

Waters Travel Limited
Registered number:		04319381
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		-			747

Current assets
Stocks		-			12,500
Debtors	4	-			52
Cash at bank and in hand		-			550
		-			13,102

Creditors: amounts falling due within one year	5	(8,236)			(25,745)

Net current liabilities			(8,236)			(12,643)

Net liabilities			(8,236)			(11,896)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(8,336)			(11,996)

Shareholders' funds			(8,236)			(11,896)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs K Waters
Director
Approved by the board on 11 October 2025

Waters Travel Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Computer equipment	25% Reducing balance
	Plant and machinery	33% Reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			1		1










3	Tangible fixed assets
		Computer equipment		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2024	3,275		16,326		19,601
	Disposals	(3,275)		(16,326)		(19,601)
	At 31 March 2025	-		-		-

	Depreciation
	At 1 April 2024	3,167		15,687		18,854
	On disposals	(3,167)		(15,687)		(18,854)
	At 31 March 2025	-		-		-

	Net book value
	At 31 March 2025	-		-		-
	At 31 March 2024	108		639		747


4	Debtors			2025		2024
£					£

	Other debtors			-		52


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Directors loan account			8,236		25,085
	Other creditors			-		660
				8,236		25,745


6	Other information

	Waters Travel Limited is a private company limited by shares and incorporated in England. Its registered office is:
	1 Down Barn Close
	Winterbourne Gunner
	Salisbury
	Wiltshire
	SP4 6JP