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Company Registration No. 11154543 (England and Wales)
Coverwatch Ltd Unaudited accounts for the year ended 31 January 2025
Coverwatch Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Coverwatch Ltd Company Information for the year ended 31 January 2025
Director
Tim Hart
Company Number
11154543 (England and Wales)
Registered Office
20-22 WENLOCK ROAD LONDON N1 7GU ENGLAND
Accountants
MBM Associates 1 Pound Road Walberton Arundel West Sussex BN18 0PU
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Coverwatch Ltd Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,171
937
Creditors: amounts falling due within one year
5
(9,522)
(9,471)
Net current liabilities
(9,522)
(9,471)
Net liabilities
(8,351)
(8,534)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(8,352)
(8,535)
Shareholders' funds
(8,351)
(8,534)
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 November 2025 and were signed on its behalf by
Tim Hart Director Company Registration No. 11154543
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Coverwatch Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Coverwatch Ltd is a private company, limited by shares, registered in England and Wales, registration number 11154543. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance basis
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 February 2024
2,189
At 31 January 2025
2,189
Depreciation
At 1 February 2024
1,252
Charge for the year
(234)
At 31 January 2025
1,018
Net book value
At 31 January 2025
1,171
At 31 January 2024
937
5
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
9,522
9,471
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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