Waterdene Foodservice Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01613233

Waterdene Foodservice Limited

Filleted Financial Statements

30 April 2025

Waterdene Foodservice Limited

Directors' Responsibilities Statement

Year ended 30 April 2025

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Waterdene Foodservice Limited

Statement of Financial Position

30 April 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		663,371	578,444

Current assets

Stocks		1,256,293	1,203,540
Debtors	6	1,077,808	726,346
Cash at bank and in hand		564,565	591,213
		------------	------------
		2,898,666	2,521,099

Creditors: amounts falling due within one year	7	1,309,683		1,072,362
		------------		------------
Net current assets			1,588,983	1,448,737
			------------	------------
Total assets less current liabilities			2,252,354	2,027,181

Creditors: amounts falling due after more than one year	8		27,711	27,711

Provisions

Taxation including deferred tax	146,082	129,690
	------------	------------
Net assets	2,078,561	1,869,780
	------------	------------

Capital and reserves

Called up share capital	100,000	100,000
Profit and loss account	1,978,561	1,769,780
	------------	------------
Shareholders funds	2,078,561	1,869,780
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 5 January 2026 , and are signed on behalf of the board by:

T J Stimpson
Director

Company registration number: 01613233

Waterdene Foodservice Limited

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4 Chartmoor Road, Leighton Buzzard, Beds, LU7 4WG.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, except deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	20% straight line
Equipment	-	10% and 20% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 47 (2024: 45 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 May 2024	1,393,281	941,754	2,335,035
Additions	57,750	207,206	264,956
Disposals	( 129,758)	–	( 129,758)
	------------	------------	------------
At 30 April 2025	1,321,273	1,148,960	2,470,233
	------------	------------	------------
Depreciation
At 1 May 2024	1,012,426	744,165	1,756,591
Charge for the year	132,322	44,070	176,392
Disposals	( 126,121)	–	( 126,121)
	------------	------------	------------
At 30 April 2025	1,018,627	788,235	1,806,862
	------------	------------	------------
Carrying amount
At 30 April 2025	302,646	360,725	663,371
	------------	------------	------------
At 30 April 2024	380,855	197,589	578,444
	------------	------------	------------

6. Debtors

	2025	2024
	£	£
Trade debtors	906,042	569,508
Other debtors	171,766	156,838
	------------	---------
	1,077,808	726,346
	------------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	1,151,548	878,720
Corporation tax	64,578	55,827
Social security and other taxes	46,839	37,105
Other creditors	46,718	100,710
	------------	------------
	1,309,683	1,072,362
	------------	------------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Directors loan account	27,711	27,711
	--------	--------

9. Other financial commitments

At 30 April 2025, the company had total commitments under non-cancellable operating leases of £ 50,484 (2024: £ 160,937 ).

10. Summary audit opinion

The auditor's report dated 7 January 2026 was unqualified .

The senior statutory auditor was Andrew Upton FCCA , for and on behalf of Collett Hulance Accountants Limited .

11. Related party transactions

The company has been loaned £27,711 (2024: £27,711) by a director. The loan is repayable after more than one year, is unsecured and interest free.