07651479 false Kitchen furniture suppliers & fitters 2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/2025-03-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-03-31 http://www.companieshouse.gov.uk/cd:Director1 2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles 2025-03-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2026-03-31 http://www.companieshouse.gov.uk/cd:Director2 2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles 2026-03-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2025-03-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2026-03-31 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2026-03-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-03-31 http://www.companieshouse.gov.uk/2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/2025-03-31 http://www.companieshouse.gov.uk/cd:FRS102 2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/2026-03-31 http://www.companieshouse.gov.uk/cd:FullAccounts 2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 07651479
Watermill Kitchens Limited
ACCOUNTS
FOR THE YEAR ENDED 31/03/2026
Prepared By:
J D Services
Chartered Certified Accountants
95 London Road
Maidstone
Kent
ME16 0EB

Watermill Kitchens Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2026
DIRECTORS
Glen Maitland Young
Hazel Kim Young
REGISTERED OFFICE
Olden Days Antiques
Five Lanes
Dobwalls
Cornwall
PL14 6JD
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07651479
ACCOUNTANTS
J D Services
Chartered Certified Accountants
95 London Road
Maidstone
Kent
ME16 0EB

Watermill Kitchens Limited

ACCOUNTS
FOR THEYEARENDED31/03/2026
CONTENTS |  |
|  | Page
Directors' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

Watermill Kitchens Limited

BALANCE SHEET AT 31/03/2026
|  |  |  |  |  | 2026 |  |  |  | 2025
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 2 |  |  |  | 12,497 |  |  |  | 16,253
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Work in progress |  |  |  | - |  |  |  | 4,220 |  |
Debtors |  | 4 |  | 4,107 |  |  |  | - |  |
Cash at bank and in hand |  |  |  | 25,428 |  |  |  | 12,883 |  |
|  |  |  | 29,535 |  |  |  | 17,103 |  |
CREDITORS: Amounts falling due within one year |  | 5 |  | 38,519 |  |  |  | 31,241 |  |
NET CURRENT LIABILITIES |  |  |  |  |  | (8,984) |  |  |  | (14,138)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 3,513 |  |  |  | 2,115
PROVISIONS FOR LIABILITIES AND CHARGES |  | 7 |  |  |  | 2,375 |  |  |  | 1,730
NET ASSETS |  |  |  |  |  | 1,138 |  |  |  | 385
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 8 |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  |  |  | 1,038 |  |  |  | 285
SHAREHOLDERS' FUNDS |  |  |  |  |  | 1,138 |  |  |  | 385
For the year ending 31/03/2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 08/05/2026 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Glen Maitland Young |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Hazel Kim Young |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

Watermill Kitchens Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2026

1. ACCOUNTING POLICIES

1a. Basis Of Accounting FRS
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A for small entities.

1b. Depreciation |  |
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehicles |  | reducing balance 25%
Equipment |  | straight line 25%

1c. Stock and work in progress
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

Watermill Kitchens Limited

2. TANGIBLE FIXED ASSETS |  |  |  |  |  |
|  | Commercial |  |  |  |
|  | Vehicles |  | Equipment |  | Total
|  | £ |  | £ |  | £
Cost |  |  |  |  |  |
At 01/04/2025 |  | 18,000 |  | 9,311 |  | 27,311
Additions |  | - |  | 752 |  | 752
At 31/03/2026 |  | 18,000 |  | 10,063 |  | 28,063
Depreciation |  |  |  |  |  |
At 01/04/2025 |  | 9,844 |  | 1,214 |  | 11,058
For the year |  | 2,039 |  | 2,469 |  | 4,508
At 31/03/2026 |  | 11,883 |  | 3,683 |  | 15,566
Net Book Amounts |  |  |  |  |  |
At 31/03/2026 |  | 6,117 |  | 6,380 |  | 12,497
At 31/03/2025 |  | 8,156 |  | 8,097 |  | 16,253

3. STOCK |  |  |  | 2026 |  | 2025
|  |  |  | £ |  | £
This comprises: |  |  |  |  |  |
Work in progress |  |  |  | - |  | 4,220
|  |  |  | - |  | 4,220

4. DEBTORS |  |  |  | 2026 |  | 2025
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Trade debtors |  |  |  | 4,107 |  | -
|  |  |  | 4,107 |  | -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2026 |  | 2025
|  |  |  | £ |  | £
UK corporation tax |  |  |  | 3,086 |  | 900
Directors current account |  |  |  | 32,716 |  | 28,978
Trade creditors |  |  |  | 2,322 |  | 968
Accruals |  |  |  | 395 |  | 395
|  |  |  | 38,519 |  | 31,241

Watermill Kitchens Limited

6. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2026 |  | 2025
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 2 |  | 2

7. PROVISIONS FOR LIABILITIES |  |  |  | 2026 |  | 2025
|  |  |  | £ |  | £
Deferred taxation |  |  |  | 2,375 |  | 1,730
|  |  |  | 2,375 |  | 1,730

8. SHARE CAPITAL |  |  |  | 2026 |  | 2025
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
100 Ordinary shares of £1 each |  |  |  | 100 |  | 100
|  |  |  | 100 |  | 100

9. CONTROLLING PARTY
The two directors betweem then represent the controlling parties.