D & A Watson Limited

D & A Watson Limited
Contents Page
For the year ended 31 March 2026

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

D & A Watson Limited Accountants' Report For the year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of D & A Watson Limited for the year ended 31 March 2026 which comprise the income statement, the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given to us. We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. This report is made solely to the Board of directors of D & A Watson Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of D & A Watson Limited and state those matters that we have agreed to state to the Board of directors of D & A Watson Limited. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than D & A Watson Limited and its Board of directors, as a body, for our work or for this report. It is your duty to ensure that D & A Watson Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the company's assets, liabilities, financial position and profit . You consider that D & A Watson Limited is exempt from the statutory audit requirement for the year. .................................................... Michael D Nichols Ltd West Suite, 1 Tolherst Court, Turkey Mill, Ashford Road, Maidstone ME14 5SF 12 May 2026 1

D & A Watson Limited
Accountants' Report
For the year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of D & A Watson Limited for the year ended 31 March 2026 which comprise the income statement, the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given to us.

We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Board of directors of D & A Watson Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of D & A Watson Limited and state those matters that we have agreed to state to the Board of directors of D & A Watson Limited.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than D & A Watson Limited and its Board of directors, as a body, for our work or for this report.

It is your duty to ensure that D & A Watson Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the company's assets, liabilities, financial position and profit . You consider that D & A Watson Limited is exempt from the statutory audit requirement for the year.

....................................................

Michael D Nichols Ltd
West Suite, 1 Tolherst Court,
Turkey Mill, Ashford Road,
Maidstone
ME14 5SF
12 May 2026

1

D & A Watson Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	3,728	4,970
		3,728	4,970
Current assets
Debtors		16,854	9,221
Cash at bank and in hand		6,370	7,585
		23,224	16,806
Creditors: amount falling due within one year		(11,798)	(4,122)
Net current assets		11,426	12,684

Total assets less current liabilities		15,154	17,654
Creditors: amount falling due after more than one year		(5,412)	(8,915)
Net assets		9,742	8,739

Capital and reserves
Called up share capital		2	2
Profit and loss account		9,740	8,737
Shareholders' funds		9,742	8,739

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 12 May 2026 and were signed by:

-------------------------------
Mr A Watson
Director

2

D & A Watson Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

D & A Watson Limited is a private company, limited by shares, registered in England and Wales, registration number 12474060, registration address West Suite, 1 Tolherst Court, Turkey Mill, Ashford Road, Maidstone, Kent, ME14 5SF.

The presentation currency is £ sterling.

1.

Accounting policies

Basis of preparation

Statement of compliance These financial statements have been prepared in compliance with FRS 102 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 on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, net of discounts and value added taxes.

Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The companys liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over the useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance

2.	Average number of employees Average number of employees during the year was 2 (2025 : 2).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 April 2025	1,686	12,695	14,381
Additions	-	-	-
Disposals	-	-	-
At 31 March 2026	1,686	12,695	14,381
Depreciation
At 01 April 2025	1,286	8,125	9,411
Charge for year	100	1,142	1,242
On disposals	-	-	-
At 31 March 2026	1,386	9,267	10,653
Net book values
Closing balance as at 31 March 2026	300	3,428	3,728
Opening balance as at 01 April 2025	400	4,570	4,970

3

Registered Number: 12474060
England and Wales
D & A WATSON LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2025 End date: 31 March 2026