REGISTERED NUMBER: 03012196 (England and Wales)

Watergate Tynte Arms Limited

Unaudited Financial Statements

for the Year Ended 31 August 2025

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

5

DIRECTORS:

Mrs R L Nation

P T Genrey

REGISTERED OFFICE:

4 King Square

Bridgwater

Somerset

TA6 3YF

REGISTERED NUMBER:

03012196 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

BANKERS:

National Westminster Bank plc

47 North Street

Taunton

Somerset

TA1 1NB

FIXED ASSETS

Tangible assets

5

381

448

Investment property

6

950,000

950,000

950,381

950,448

CURRENT ASSETS

Debtors

277

5,786

Cash at bank

5,687

839

5,964

6,625

CREDITORS

Amounts falling due within one year

232,926

211,216

NET CURRENT LIABILITIES

(226,962

)

(204,591

)

TOTAL ASSETS LESS CURRENT LIABILITIES

723,419

745,857

CREDITORS

Amounts falling due after more than one year

7

(67,512

)

(71,591

)

PROVISIONS FOR LIABILITIES

(48,107

)

(48,107

)

NET ASSETS

607,800

626,159

CAPITAL AND RESERVES

Called up share capital

2

2

Investment property revaluation reserve

9

500,695

500,695

Retained earnings

107,103

125,462

SHAREHOLDERS' FUNDS

607,800

626,159

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 August 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by:

P T Genrey - Director

1.	STATUTORY INFORMATION

Watergate Tynte Arms 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified for the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position 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.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 September 2024

and 31 August 2025

12,330

DEPRECIATION

At 1 September 2024

11,882

Charge for year

67

At 31 August 2025

11,949

NET BOOK VALUE

At 31 August 2025

381

At 31 August 2024

448

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

950,000

NET BOOK VALUE

At 31 August 2025

950,000

At 31 August 2024

950,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2016

548,802

Cost

401,198

950,000

If investment properties had not been revalued they would have been included at the following historical cost:

31.8.25

31.8.24

£

£

Cost

401,198

401,198

Investment properties were valued on an open market basis on 31 August 2016 by its directors .

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.8.25

31.8.24

£

£

Repayable by instalments

Bank loans

36,235

40,314

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Bank loans

71,651

75,730

The bank loans and overdraft are secured by a first charge over the investment property of the company.

9.

RESERVES

Investment

property

revaluation

reserve

£

At 1 September 2024

and 31 August 2025

500,695