1 01/12/2023 30/11/2024 2024-11-30 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-12-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP SC224974 2023-12-01 2024-11-30 SC224974 2024-11-30 SC224974 2023-11-30 SC224974 2022-12-01 2023-11-30 SC224974 2023-11-30 SC224974 2022-11-30 SC224974 bus:Director1 2023-12-01 2024-11-30 SC224974 core:WithinOneYear 2024-11-30 SC224974 core:WithinOneYear 2023-11-30 SC224974 core:AfterOneYear 2024-11-30 SC224974 core:AfterOneYear 2023-11-30 SC224974 bus:Micro-entities 2023-12-01 2024-11-30 SC224974 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 SC224974 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 SC224974 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 SC224974 bus:FullAccounts 2023-12-01 2024-11-30
Company registration number: SC224974
Watershed (Scotland) Limited
Unaudited filleted financial statements
30 November 2024
Watershed (Scotland) Limited
Statement of financial position
30 November 2024

|  |  | 2024 |  | 2023 |  |
|  |  | £ |  | £ |  |
Fixed assets |  |  | 2,644,121 |  | 2,644,121 |  |
|  |  | _______ |  | _______ |  |
Current assets |  |  | 4,842,261 |  | 4,306,967 |  |
Creditors: amounts falling due within one year |  |  | ( 3,030,703) |  | ( 2,704,737) |  |
|  |  | _______ |  | _______ |  |
Net current assets |  |  | 1,811,558 |  | 1,602,230 |  |
|  |  | _______ |  | _______ |  |
Total assets less current liabilities |  |  | 4,455,679 |  | 4,246,351 |  |
Creditors: amounts falling due after more than one year |  |  | ( 2,739,827) |  | ( 2,777,656) |  |
Accruals and deferred income |  |  | ( 25,792) |  | ( 28,935) |  |
|  |  | _______ |  | _______ |  |
Net assets |  |  | 1,690,060 |  | 1,439,760 |  |
|  |  | _______ |  | _______ |  |
Capital and reserves |  |  | 1,690,060 |  | 1,439,760 |  |
|  |  | _______ |  | _______ |  |

Notes to the financial statements
Watershed (Scotland) Limited
Year ended 30 November 2024
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 11 February 2025 , and are signed on behalf of the board by:
Azhar Ghafoor
Director
Company registration number: SC224974
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 41 Charlotte Square, Edinburgh, EH2 4HQ.