Registration number: 03044707

Waterfront Systems Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Waterfront Systems Limited

Company Information

Directors

Mr DR Robson Mrs RJ Robson

Company secretary

Mrs RJ Robson

Registered office

Thornhill Lodge Thornhill Stalbridge Dorset DT10 2SH

Accountants

Nicola Brookes Chartered AccountantMole End Shorts Green Lane Motcombe Dorset SP7 9PA

Waterfront Systems Limited

(Registration number: 03044707)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	111,753	124,466
Current assets
Debtors	5	5,690	11,899
Cash at bank and in hand		10,644	59,884
		16,334	71,783
Creditors: Amounts falling due within one year	6	(3,301)	(15,983)
Net current assets		13,033	55,800
Total assets less current liabilities		124,786	180,266
Provisions for liabilities		(5,169)	(7,585)
Net assets		119,617	172,681
Capital and reserves
Called up share capital		100	100
Retained earnings		119,517	172,581
Shareholders' funds		119,617	172,681

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 May 2026 and signed on its behalf by:
 

Mr DR Robson Director

Waterfront Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Thornhill Lodge
Thornhill
Stalbridge
Dorset
DT10 2SH

These financial statements were authorised for issue by the Board on 27 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

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

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Waterfront Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Asset class	Depreciation method and rate
Plant and machinery	25% and 10% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handing costs in bringing stocks to their present location and condition.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Waterfront Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

4	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 September 2024	192,308	192,308
At 31 August 2025	192,308	192,308
Depreciation
At 1 September 2024	67,842	67,842
Charge for the year	12,713	12,713
At 31 August 2025	80,555	80,555
Carrying amount
At 31 August 2025	111,753	111,753
At 31 August 2024	124,466	124,466

5

Debtors

Current	2025 £	2024 £
Trade debtors	5,000	10,750
Prepayments	690	497
Other debtors	-	652
	5,690	11,899

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	-	41
Taxation and social security	633	13,708
Accruals and deferred income	800	950
Other creditors	1,868	1,284
	3,301	15,983

Waterfront Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

7	Related party transactions

At 31 August 2025 the company directors, DR & Mrs RJ Robson, owed the company £5,000 (2024 - £10,000) for work carried out on their behalf.

The controlling party is DR & Mrs RJ Robson.