| |
|
2026 |
|
2025 |
| |
|
£ |
£ |
|
£ |
£ |
| Fixed assets |
|
|
136,772 |
|
|
133,219 |
| Current assets |
|
14,498 |
|
|
(3,994) |
|
| Prepayments and accrued income |
|
661 |
|
|
1,373 |
|
| Creditors: amount falling due within one year |
|
(54,475) |
|
|
(54,035) |
|
|
Net current assets
|
|
|
(39,316)
|
|
|
(56,656)
|
|
Total assets less current liabilities
|
|
|
97,456 |
|
|
76,563 |
| Creditors: amount falling due after more than one year |
|
|
(84,150) |
|
|
(84,150) |
|
Net assets
|
|
|
13,306 |
|
|
(7,587) |
| |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
13,306 |
|
|
(7,587) |
| |
NOTES TO THE ACCOUNTS
General Information
Watson Property & Construction Ltd is a private company, limited by shares, registered in Scotland, registration number SC594175, registration address Castleneedless Croft, Conrhill, Banff, Aberdeenshire, AB45 2AS.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling which is the functional currency of the company.
|
| 2. |
Average number of employees
Average number of employees during the year was 2 (2025 : 1).
|
For the year ended 30 April 2026 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 accounts for the year in question 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 accounts.
These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 05 May 2026 and were signed on its behalf by: --------------------------------
Mr Barry Watson
Director |
2
|