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Company Registration No. 06664706 (England and Wales)
Watertight Marketing Ltd Unaudited accounts for the year ended 31 December 2025
Watertight Marketing Ltd Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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Watertight Marketing Ltd Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,139
671
Current assets
Inventories
1,000
500
Debtors
5
4,818
12,600
Cash at bank and in hand
7,420
43,262
13,238
56,362
Creditors: amounts falling due within one year
6
(323,711)
(190,107)
Net current liabilities
(310,473)
(133,745)
Total assets less current liabilities
(306,334)
(133,074)
Creditors: amounts falling due after more than one year
7
-
(180,000)
Provisions for liabilities
Deferred tax
(211)
(127)
Net liabilities
(306,545)
(313,201)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(306,546)
(313,202)
Shareholders' funds
(306,545)
(313,201)
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 5 March 2026 and were signed on its behalf by
Mrs Bryony Thomas Director Company Registration No. 06664706
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Watertight Marketing Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Watertight Marketing Ltd is a private company, limited by shares, registered in England and Wales, registration number 06664706. The registered office is Mount Orchard, Theescombe, Amberley, Stroud, Gloucestershire, GL5 5AY, 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:
Land & buildings
10 year straight line
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
-
-
2,582
2,582
Additions
3,363
812
-
4,175
At 31 December 2025
3,363
812
2,582
6,757
Depreciation
At 1 January 2025
-
-
1,911
1,911
Charge for the year
336
203
168
707
At 31 December 2025
336
203
2,079
2,618
Net book value
At 31 December 2025
3,027
609
503
4,139
At 31 December 2024
-
-
671
671
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Watertight Marketing Ltd Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
4,240
12,600
Accrued income and prepayments
578
-
4,818
12,600
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
-
3,892
Trade creditors
-
167
Other creditors
14,033
13,265
Loans from directors
309,283
172,783
Accruals
395
-
323,711
190,107
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
180,000
8
Transactions with related parties
During the year, the Company paid rent of £3,500 (2024: NIL) to a director in respect of property used by the Company.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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