WAVERLEY WATSON LIMITED


Director	COLQUHOUN, Sarah


Registered Address	27 Crown Terrace
	Top Floor Right, Office 3 & 4
	Aberdeen
	AB11 6HD


Registered Number	SC560446 (Scotland)

Balance Sheet as at
30 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		146,741		147,718
			146,741		147,718
Current assets
Debtors		23,775		20,327
Cash at bank and on hand		129,209		130,599
		152,984		150,926
Creditors amounts falling due within one year	4	(128,878)		(124,769)
Net current assets (liabilities)			24,106		26,157
Total assets less current liabilities			170,847		173,875
Creditors amounts falling due after one year	5		(141,790)		(142,868)
Net assets			29,057		31,007
Capital and reserves
Called up share capital			10		10
Profit and loss account			29,047		30,997
Shareholders' funds			29,057		31,007

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 29 October 2025, and are signed on its behalf by:

COLQUHOUN, Sarah
Director
Registered Company No. SC560446

WAVERLEY WATSON LIMITED

Notes to the Financial Statements
for the year ended 30 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	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.

Revenue from sale of goods

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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 31 January 24	143,919	-	7,791	2,655	154,365
Additions	-	105	-	-	105
At 30 January 25	143,919	105	7,791	2,655	154,470
Depreciation and impairment
At 31 January 24	-	-	3,992	2,655	6,647
Charge for year	-	-	1,082	-	1,082
At 30 January 25	-	-	5,074	2,655	7,729
Net book value
At 30 January 25	143,919	105	2,717	-	146,741
At 30 January 24	143,919	-	3,799	-	147,718

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	4,000	4,000
Bank borrowings and overdrafts	1,080	1,080
Amounts owed to related parties	101,635	115,850
Taxation and social security	491	225
Other creditors	21,312	-
Accrued liabilities and deferred income	360	3,614
Total	128,878	124,769


	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.

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	141,790	142,868
Total	141,790	142,868