Registered number
SC573875
Wats-in.Store Ltd
Filleted Accounts
31 August 2025

Wats-in.Store Ltd
Registered number: | SC573875
Balance Sheet
as at 31 August 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Current assets
Stocks |  |  | - |  |  | 6,965
Debtors | 3 |  | 811 |  |  | 1,690
Cash at bank and in hand |  |  | 2,405 |  |  | 4,372
|  |  | 3,216 |  |  | 13,027
Creditors: amounts falling due within one year | 4 |  | (178) |  |  | (333)
Net current assets |  |  |  | 3,038 |  |  | 12,694
Total assets less current liabilities |  |  |  | 3,038 |  |  | 12,694
Creditors: amounts falling due after more than one year | 5 |  |  | (1,343) |  |  | (2,890)
Net assets |  |  |  | 1,695 |  |  | 9,804
Capital and reserves
Called up share capital |  |  |  | 10 |  |  | 10
Profit and loss account |  |  |  | 1,685 |  |  | 9,794
Shareholders' funds |  |  |  | 1,695 |  |  | 9,804
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R Watson
Director
Approved by the board on 15 May 2026

Wats-in.Store Ltd
Notes to the Accounts
for the year ended 31 August 2025
1 | Accounting policies
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
| Stocks
| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised in respect ofa a taxable profit due on the trading period.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 2 |  | 2
3 | Debtors | 2025 |  | 2024
£ | £
| Other debtors | 811 |  | 1,690
4 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Corporation tax | (3) |  | (3)
| Other creditors | 181 |  | 336
|  |  |  |  |  | 178 |  | 333
5 | Creditors: amounts falling due after one year | 2025 |  | 2024
£ | £
| Bank loans | 1,341 |  | 2,875
| Directors Accounts | 2 |  | 15
|  |  |  |  |  | 1,343 |  | 2,890
6 | Other information
| Wats-in.Store Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
| 7 Little Craig's View
| Burntisland
| Fife
| KY3 0DB

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