Watson & Colhoun (O) Ltd Company accounts

COMPANY REGISTRATION NUMBER: NI613873

Watson & Colhoun (O) Ltd

Unaudited Financial Statements

31 July 2025

Watson & Colhoun (O) Ltd

Financial Statements

Year ended 31 July 2025

Contents	Page

Income statement	1

Statement of financial position and the notes to the financial statements	2

Watson & Colhoun (O) Ltd

Income Statement

Year ended 31 July 2025

	2025	2024
	£	£
Turnover	221,400	221,400

Staff costs	108,030	112,348

Other charges	14,374	16,921

Tax	24,359	22,540

	---------	---------
Profit	74,637	69,591
	---------	---------

Watson & Colhoun (O) Ltd

Statement of Financial Position

31 July 2025

	2025		2024
	£	£	£
Current assets	122,951		138,391
Prepayments and accrued income	1,262		1,222
	---------		---------
		124,213	139,613

Creditors: amounts falling due within one year	70,354	66,168
	---------	---------
Net current assets	53,859	73,445
	--------	--------
Total assets less current liabilities	53,859	73,445

Creditors: amounts falling due after more than one year	-	10,823
	--------	--------
	53,859	62,622
	--------	--------

Capital and reserves	53,859	62,622
	--------	--------

Notes to the financial statements

1. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2024: 6 ).

2. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr N Colhoun	18,568	894	-	19,462
	--------	----	----	--------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr N Colhoun	30,979	-	( 12,411)	18,568
	--------	----	--------	--------

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements 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 financial statements .

These financial statements have been prepared in accordance with the micro-entity provisions.

These financial statements were approved by the board of directors and authorised for issue on 29 August 2025 , and are signed on behalf of the board by:

Mr N Colhoun	Mrs D Colhoun
Director	Director

Company registration number: NI613873

The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is Unit B15, Omagh Enterprise Centre, Great Northern Road, Oamgh, Co Tyrone, BT78 5LU, N Ireland.