Company No: 00627154 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	578,576		526,813
		578,576		526,813
Current assets
Stocks		1,704,309		1,113,100
Debtors	4	485,701		610,734
Cash at bank and in hand		506,122		661,365
		2,696,132		2,385,199
Creditors: amounts falling due within one year	5	( 1,616,561)		( 1,280,994)
Net current assets		1,079,571		1,104,205
Total assets less current liabilities		1,658,147		1,631,018
Creditors: amounts falling due after more than one year	6	( 2,646)		( 13,099)
Provision for liabilities		( 37,000)		( 20,500)
Net assets		1,618,501		1,597,419
Capital and reserves
Called-up share capital	7	20,700		20,700
Capital redemption reserve		10,000		10,000
Profit and loss account		1,587,801		1,566,719
Total shareholder's funds		1,618,501		1,597,419

For the financial 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.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Watermota Limited (registered number: 00627154) were approved and authorised for issue by the Board of Directors on 14 April 2026. They were signed on its behalf by:

A D Merrick Director

D F Merrick Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Watermota Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 2 Cavalier Road, Heathfield Industrial Estate, Newton Abbot, TQ12 6TQ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

It is the opinion of the directors, that the company has sufficient working capital within existing facilities to continue to trade for the foreseeable future. These financial statements have therefore been prepared on a going concern basis.

Foreign currency

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange rate differences are taken into account in arriving at the operating profit.

Turnover

Turnover represents the fair value of consideration receivable, excluding Value Added Tax, in the ordinary course of business for goods and services provided. Turnover is recognised when goods are supplied or when services are provided.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings	not depreciated
	100 years straight line
Plant and machinery	10 % reducing balance
Vehicles	25 % reducing balance
Office equipment	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Rentals applicable to operating leases, where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on straight line basis.

Stocks

Stocks are stated at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Defined contribution pension obligation

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	15		15

3. Tangible assets

	Land and buildings		Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£		£
Cost
At 01 January 2025	530,188		159,400		33,932		67,184		790,704
Additions	0		5,528		55,266		10,336		71,130
Disposals	0		0		0		( 27,955)		( 27,955)
At 31 December 2025	530,188		164,928		89,198		49,565		833,879
Accumulated depreciation
At 01 January 2025	80,660		97,476		27,298		58,457		263,891
Charge for the financial year	5,198		5,625		3,707		4,294		18,824
Disposals	0		0		0		( 27,412)		( 27,412)
At 31 December 2025	85,858		103,101		31,005		35,339		255,303
Net book value
At 31 December 2025	444,330		61,827		58,193		14,226		578,576
At 31 December 2024	449,528		61,924		6,634		8,727		526,813

4. Debtors

	2025		2024
	£		£
Trade debtors	378,033		558,734
Accrued income	20,883		25,299
Other debtors	86,785		26,701
	485,701		610,734

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank overdrafts	263,655		422,603
Trade creditors	182,697		210,266
Amounts owed to directors	125,000		0
Accruals	842,954		370,011
Taxation and social security	37,306		125,424
Other creditors	164,949		152,690
	1,616,561		1,280,994

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

	2025		2024
	£		£
Bank loans (secured)	2,646		13,099

Bank loans are secured by a charge over the company's assets

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
20,700 Ordinary shares of £ 1.00 each	20,700		20,700