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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.