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Company Registration No. 16070915 (England and Wales)
Waterjet-tec Limited Unaudited accounts for the period from 11 November 2024 to 30 November 2025
Waterjet-tec Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Waterjet-tec Limited Company Information for the period from 11 November 2024 to 30 November 2025
Directors
Peter Robinson Terence Stewart
Company Number
16070915 (England and Wales)
Registered Office
c/o 7 Westbourne Terrace Houghton le Spring Tyne and Wear DH4 4QT England
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Waterjet-tec Limited Statement of financial position as at 30 November 2025
2025
Notes
£
Fixed assets
Tangible assets
4
173,795
Current assets
Inventories
5
37,424
Debtors
6
149,507
Cash at bank and in hand
68,209
255,140
Creditors: amounts falling due within one year
7
(228,487)
Net current assets
26,653
Total assets less current liabilities
200,448
Creditors: amounts falling due after more than one year
8
(165,902)
Net assets
34,546
Capital and reserves
Called up share capital
2
Profit and loss account
34,544
Shareholders' funds
34,546
For the period ending 30 November 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 16 April 2026 and were signed on its behalf by
Peter Robinson Director Company Registration No. 16070915
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Waterjet-tec Limited Notes to the Accounts for the period from 11 November 2024 to 30 November 2025
1
Statutory information
Waterjet-tec Limited is a private company, limited by shares, registered in England and Wales, registration number 16070915. The registered office is c/o, 7 Westbourne Terrace, Houghton le Spring, Tyne and Wear, DH4 4QT, 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
These financial statements for the period from 11 November 2024 to 30 November 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 11 November 2024. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
10% SL
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Waterjet-tec Limited Notes to the Accounts for the period from 11 November 2024 to 30 November 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 11 November 2024
-
Additions
193,105
At 30 November 2025
193,105
Depreciation
Charge for the period
19,310
At 30 November 2025
19,310
Net book value
At 30 November 2025
173,795
5
Inventories
2025
£
Raw materials
8,511
Finished goods
28,913
37,424
6
Debtors
2025
£
Amounts falling due within one year
Trade debtors
149,507
7
Creditors: amounts falling due within one year
2025
£
VAT
14,417
Trade creditors
79,560
Other creditors
134,510
228,487
The company utilises an invoice financing (factoring) facility. Under this arrangement, trade debts are assigned to a third-party finance provider who advances funds against outstanding invoices. At the year end, amounts drawn under the facility are included within Other creditors. £96838 During the year, the company entered into a financing arrangement with a related party, under which plant and machinery was funded on behalf of the company. The value of the Machinery purchased was £193105, being paid back on a monthly basis. Balance remaining listed within Other Creditors Due within 1 year £37672 Due after 1 year £115902
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Waterjet-tec Limited Notes to the Accounts for the period from 11 November 2024 to 30 November 2025
8
Creditors: amounts falling due after more than one year
2025
£
Other creditors
115,902
Loans from directors
50,000
165,902
9
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Peter Robinson
Director Loan
-
30,000
-
30,000
Terence Stewart
Director Loan
-
20,000
-
20,000
-
50,000
-
50,000
10
Transactions with related parties
During the year, the company entered into a financing arrangement with a related party, under which plant and machinery was funded on behalf of the company. The value of the Machinery purchased was £193105, being paid back on a monthly basis.
11
Average number of employees
During the period the average number of employees was 5.
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