1 April 2024 false No description of principal activity Taxfiler 2024.6 08472802business:PrivateLimitedCompanyLtd2024-04-012025-03-31 084728022024-03-31 084728022024-04-012025-03-31 08472802business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 08472802business:FilletedAccounts2024-04-012025-03-31 084728022025-03-31 08472802business:Director12024-04-012025-03-31 08472802business:Director22024-04-012025-03-31 08472802business:RegisteredOffice2024-04-012025-03-31 084728022024-03-31 08472802core:WithinOneYear2025-03-31 08472802core:WithinOneYear2024-03-31 08472802core:AfterOneYear2025-03-31 08472802core:AfterOneYear2024-03-31 08472802core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 08472802core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 08472802core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 08472802core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 08472802core:PreviouslyStatedAmount2025-03-31 08472802core:PreviouslyStatedAmount2024-03-31 08472802business:SmallEntities2024-04-012025-03-31 08472802countries:EnglandWales2024-04-012025-03-31 08472802core:FurnitureFittings2024-04-012025-03-31 08472802core:ComputerEquipment2024-04-012025-03-31 08472802core:Goodwill2024-03-31 08472802core:Goodwill2025-03-31 08472802core:FurnitureFittings2024-03-31 08472802core:ComputerEquipment2024-03-31 08472802core:FurnitureFittings2025-03-31 08472802core:ComputerEquipment2025-03-31 084728022023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08472802 (England and Wales)
WATSON SYERS ACCOUNTANTS LTD Unaudited accounts for the year ended 31 March 2025
WATSON SYERS ACCOUNTANTS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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WATSON SYERS ACCOUNTANTS LTD Company Information for the year ended 31 March 2025
Directors
Malcolm Thomas Syers Michael Scott
Company Number
08472802 (England and Wales)
Registered Office
WATSON SYERS ACCOUNTANTS LTD EVOLVE BUSI RAINTON BRIDGE SOUTH BUSINESS PARK HOUGHTON-LE-SPRING TYNE AND WEAR DH4 5QY ENGLAND
Accountants
Watson Syers Accountants Ltd Evolve Business Centre Cygnet Way, Rainton Bridge South Busines Houghton le Spring Tyne and Wear DH4 5QY
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WATSON SYERS ACCOUNTANTS LTD Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Called up share capital not paid
100 
100 
Fixed assets
Intangible assets
4
11,000 
11,000 
Tangible assets
5
2,249 
2,499 
13,249 
13,499 
Current assets
Debtors
6
5,197 
4,593 
Cash at bank and in hand
2,129 
1,784 
7,326 
6,377 
Creditors: amounts falling due within one year
7
(2,640)
(3,902)
Net current assets
4,686 
2,475 
Total assets less current liabilities
18,035 
16,074 
Creditors: amounts falling due after more than one year
8
(17,658)
(17,920)
Net assets/(liabilities)
377 
(1,846)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
277 
(1,946)
Shareholders' funds
377 
(1,846)
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 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 of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by
Malcolm Thomas Syers Director Company Registration No. 08472802
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WATSON SYERS ACCOUNTANTS LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
WATSON SYERS ACCOUNTANTS LTD is a private company, limited by shares, registered in England and Wales, registration number 08472802. The registered office is WATSON SYERS ACCOUNTANTS LTD EVOLVE BUSI, RAINTON BRIDGE SOUTH BUSINESS PARK, HOUGHTON-LE-SPRING, TYNE AND WEAR, DH4 5QY, 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:
Fixtures & fittings
10%
Computer equipment
10%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
11,000 
At 31 March 2025
11,000 
Amortisation
At 1 April 2024
- 
At 31 March 2025
- 
Net book value
At 31 March 2025
11,000 
At 31 March 2024
11,000 
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WATSON SYERS ACCOUNTANTS LTD Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
3,518 
2,147 
5,665 
At 31 March 2025
3,518 
2,147 
5,665 
Depreciation
At 1 April 2024
1,967 
1,199 
3,166 
Charge for the year
155 
95 
250 
At 31 March 2025
2,122 
1,294 
3,416 
Net book value
At 31 March 2025
1,396 
853 
2,249 
At 31 March 2024
1,551 
948 
2,499 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,197 
4,593 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
- 
983 
Taxes and social security
2,640 
2,919 
2,640 
3,902 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
5,938 
6,200 
Loans from directors
11,720 
11,720 
17,658 
17,920 
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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