1 April 2024 false No description of principal activity Taxfiler 2024.6 07143004business:PrivateLimitedCompanyLtd2024-04-012025-03-31 071430042024-03-31 071430042024-04-012025-03-31 07143004business:AuditExemptWithAccountantsReport2024-04-012025-03-31 07143004business:FilletedAccounts2024-04-012025-03-31 071430042025-03-31 07143004business:Director12024-04-012025-03-31 07143004business:Director22024-04-012025-03-31 07143004business:RegisteredOffice2024-04-012025-03-31 071430042024-03-31 07143004core:WithinOneYear2025-03-31 07143004core:WithinOneYear2024-03-31 07143004core:AfterOneYear2025-03-31 07143004core:AfterOneYear2024-03-31 07143004core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 07143004core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 07143004core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 07143004core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 07143004core:PreviouslyStatedAmount2025-03-31 07143004core:PreviouslyStatedAmount2024-03-31 07143004business:SmallEntities2024-04-012025-03-31 07143004countries:EnglandWales2024-04-012025-03-31 07143004core:PlantMachinery2024-04-012025-03-31 07143004core:MotorVehicles2024-04-012025-03-31 07143004core:PlantMachinery2024-03-31 07143004core:MotorVehicles2024-03-31 07143004core:PlantMachinery2025-03-31 07143004core:MotorVehicles2025-03-31 071430042023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07143004 (England and Wales)
M K Watts Ground Maintenance Limited Unaudited accounts for the year ended 31 March 2025
M K Watts Ground Maintenance Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
M K Watts Ground Maintenance Limited Company Information for the year ended 31 March 2025
Directors
M K Watts P D Watts
Company Number
07143004 (England and Wales)
Registered Office
3 Colletts Cottages Thame Road Great Milton Oxford Oxfordshire OX44 7NX England
Accountants
Bunting & Co Punches Barn Waterperry Road Holton Oxfordshire OX33 1PR
- 3 -
M K Watts Ground Maintenance Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
74,818 
82,096 
Current assets
Inventories
15,080 
25,612 
Debtors
5
2,463 
6,773 
Cash at bank and in hand
5,866 
21,862 
23,409 
54,247 
Creditors: amounts falling due within one year
6
(28,207)
(35,658)
Net current (liabilities)/assets
(4,798)
18,589 
Total assets less current liabilities
70,020 
100,685 
Creditors: amounts falling due after more than one year
7
(54,022)
(83,589)
Provisions for liabilities
Deferred tax
(14,215)
(1,592)
Net assets
1,783 
15,504 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
783 
14,504 
Shareholders' funds
1,783 
15,504 
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 23 October 2025 and were signed on its behalf by
M K Watts Director Company Registration No. 07143004
- 4 -
M K Watts Ground Maintenance Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
M K Watts Ground Maintenance Limited is a private company, limited by shares, registered in England and Wales, registration number 07143004. The registered office is 3 Colletts Cottages, Thame Road, Great Milton, Oxford, Oxfordshire, OX44 7NX, 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:
Plant & machinery
25% per annum on written down value
Motor vehicles
25% per annum on written down value
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
337,036 
140,368 
477,404 
Additions
17,661 
- 
17,661 
At 31 March 2025
354,697 
140,368 
495,065 
Depreciation
At 1 April 2024
284,639 
110,669 
395,308 
Charge for the year
17,514 
7,425 
24,939 
At 31 March 2025
302,153 
118,094 
420,247 
Net book value
At 31 March 2025
52,544 
22,274 
74,818 
At 31 March 2024
52,397 
29,699 
82,096 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,463 
6,773 
- 5 -
M K Watts Ground Maintenance Limited Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
7,164 
9,901 
Trade creditors
5,107 
4,410 
Taxes and social security
10,453 
15,686 
Other creditors
233 
414 
Accruals
5,250 
5,247 
28,207 
35,658 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Loans from directors
54,022 
83,589 
8
Loans to directors
The Director's Loan Account reflects a Debit balance of £54,022 indicating amounts owed to the company by the directors as at the end of the reporting period.
9
Average number of employees
During the year the average number of employees was 6 (2024: 8).
- 6 -