REGISTERED NUMBER: 12766189 (England and Wales)

Wateringpool Cars Limited

Unaudited Financial Statements for the Year Ended 30 July 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Peter Alan Hunter

Dawn Michelle Hunter

Registered office:

Chorley New Road

Horwich

Bolton

Greater Manchester

BL6 6DU

Registered number:

12766189 (England and Wales)

Accountants:

Leach Briely

Craven House

32 Lee Lane

Horwich

Bolton

Greater Manchester

BL6 7BY

Fixed assets

Intangible assets

4

50,000

50,000

Tangible assets

5

12,610

15,762

62,610

65,762

Current assets

Stocks

396,542

424,388

Debtors

6

1,800

(1,264

)

Cash at bank and in hand

19,690

44,343

418,032

467,467

Creditors

Amounts falling due within one year

7

386,469

392,144

Net current assets

31,563

75,323

Total assets less current liabilities

94,173

141,085

Creditors

Amounts falling due after more than one year

8

(80,647

)

(94,278

)

Provisions for liabilities

9

(2,395

)

(2,995

)

Net assets

11,131

43,812

Capital and reserves

Called up share capital

10

100

100

Retained earnings

11,031

43,712

Shareholders' funds

11,131

43,812

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2026 and were signed on its behalf by:

Peter Alan Hunter - Director

1.	Statutory information

Wateringpool Cars Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received in respect of the sale of pre-used vehicles and vehicle repair services provided, net of value added tax.

Goodwill

Amortisation of goodwill has not been provided for by the company as in the opinion of the directors it has indefinite useful economic life. This accounting policy departs from the usual requirements of FRS 102 to amortise goodwill over a finite period. The effect of the departure is that amortisation as required by the requirements of FRS 102 has not been accounted for. If amortisation had been accounted for, the charge would have amounted to £5,000 and the profit for the year reduced accordingly.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Stocks

Stocks are valued at cost

Financial instruments

The company only enters into basic financial instruments that result in the recognition of the financial assets and liabilities such as trade and other debtors and creditors. These are measured at amortised cost and assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Taxation

The taxation expense represents the aggregate amount of current tax recognised in the reporting year . Tax is recognised in the statement of income and retained earnings. Current tax is recognised on taxable profit for the current year.

Current tax is measured at the amounts of tax expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 8 (2024 - 5 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 31 July 2024

and 30 July 2025

50,000

Net book value

At 30 July 2025

50,000

At 30 July 2024

50,000

5.	Tangible fixed assets

Plant and

machinery

£

Cost

At 31 July 2024

and 30 July 2025

28,124

Depreciation

At 31 July 2024

12,362

Charge for year

3,152

At 30 July 2025

15,514

Net book value

At 30 July 2025

12,610

At 30 July 2024

15,762

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

1,800

(1,264

)

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

13,631

13,631

Trade creditors

243,917

198,431

Taxation and social security

15,534

47,726

Other creditors

113,387

132,356

386,469

392,144

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

80,647

94,278

9.	Provisions for liabilities

2025

2024

£

£

Deferred tax

2,395

2,995

Deferred

tax

£

Balance at 31 July 2024

2,995

Provided during year

(600

)

Balance at 30 July 2025

2,395

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100