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Company Registration No. 13309381 (England and Wales)
WATKINS MOTOR COMPANY LIMITED Unaudited accounts for the year ended 30 April 2025
WATKINS MOTOR COMPANY LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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WATKINS MOTOR COMPANY LIMITED Company Information for the year ended 30 April 2025
Directors
THOMAS WATKINS JODIE VOCKINS
Company Number
13309381 (England and Wales)
Registered Office
16 BRIDGE STREET HUNGERFORD BERKSHIRE RG17 0EG UNITED KINGDOM
Accountants
ASPIRE ACCOUNTANTS AND ADVISORS LIMITED 16 BRIDGE STREET HUNGERFORD BERKSHIRE RG17 0EG
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WATKINS MOTOR COMPANY LIMITED Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
3,679
568
Current assets
Inventories
51,080
7,750
Cash at bank and in hand
270
9,210
51,350
16,960
Creditors: amounts falling due within one year
5
(95,037)
(47,949)
Net current liabilities
(43,687)
(30,989)
Total assets less current liabilities
(40,008)
(30,421)
Creditors: amounts falling due after more than one year
6
(9,912)
(13,178)
Net liabilities
(49,920)
(43,599)
Capital and reserves
Called up share capital
200
200
Profit and loss account
(50,120)
(43,799)
Shareholders' funds
(49,920)
(43,599)
For the year ending 30 April 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 2 January 2026 and were signed on its behalf by
THOMAS WATKINS Director Company Registration No. 13309381
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WATKINS MOTOR COMPANY LIMITED Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
WATKINS MOTOR COMPANY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13309381. The registered office is 16 BRIDGE STREET, HUNGERFORD, BERKSHIRE, RG17 0EG, UNITED KINGDOM.
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
Straight line basis over four years
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
-
-
758
758
Additions
2,795
1,163
178
4,136
At 30 April 2025
2,795
1,163
936
4,894
Depreciation
At 1 May 2024
-
-
190
190
Charge for the year
559
233
234
1,026
On disposals
-
-
(1)
(1)
At 30 April 2025
559
233
423
1,215
Net book value
At 30 April 2025
2,236
930
513
3,679
At 30 April 2024
-
-
568
568
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WATKINS MOTOR COMPANY LIMITED Notes to the Accounts for the year ended 30 April 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
220
435
Trade creditors
12,649
208
Taxes and social security
2
2
Other creditors
-
2,095
Loans from directors
81,346
44,249
Accruals
820
960
95,037
47,949
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
9,912
13,178
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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