UNDERWATERPISTOL LTD

Company Registration Number:
NI613904 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 August 2025

Period of accounts

Start date: 01 September 2024

End date: 31 August 2025

UNDERWATERPISTOL LTD

Contents of the Financial Statements

for the Period Ended 31 August 2025

Balance sheet
Notes

UNDERWATERPISTOL LTD

Balance sheet

As at 31 August 2025


Notes
2025
2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 18,699 11,770
Investments:   0 0
Total fixed assets: 18,699 11,770
Current assets
Stocks: 0 0
Debtors:   239,501 337,418
Cash at bank and in hand: 87,162 20,562
Investments:   0 0
Total current assets: 326,663 357,980
Creditors: amounts falling due within one year:   (405,535) (570,425)
Net current assets (liabilities): (78,872) (212,445)
Total assets less current liabilities: (60,173) (200,675)
Creditors: amounts falling due after more than one year:   (36,479) (32,870)
Provision for liabilities: 0 0
Total net assets (liabilities): (96,652) (233,545)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (96,752) (233,645)
Shareholders funds: (96,652) (233,545)

The notes form part of these financial statements

UNDERWATERPISTOL LTD

Balance sheet statements

For the year ending 31 August 2025 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 May 2026
and signed on behalf of the board by:

Name: Gary Carruthers
Status: Director

The notes form part of these financial statements

UNDERWATERPISTOL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows: Plant and machinery - 25% Reducing Balance The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

UNDERWATERPISTOL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2025

2. Employees

2025 2024
Average number of employees during the period 20 18

UNDERWATERPISTOL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2025

3. Tangible Assets

Total
Cost £
At 01 September 2024 38,712
Additions 10,982
Disposals 0
Revaluations 0
Transfers 0
At 31 August 2025 49,694
Depreciation
At 01 September 2024 26,942
Charge for year 4,053
On disposals 0
Other adjustments 0
At 31 August 2025 30,995
Net book value
At 31 August 2025 18,699
At 31 August 2024 11,770

UNDERWATERPISTOL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2025

4. Loans to directors

Name of director receiving advance or credit: Gary Carruthers
Description of the loan: The loan is interest-free, unsecured, and repayable on demand. No specific repayment terms have been agreed. The company has not provided any guarantees or security in connection with this loan.
£
Balance at 01 September 2024 45,211
Advances or credits repaid: 19,320
Balance at 31 August 2025 25,891

UNDERWATERPISTOL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2025

5. Post balance sheet events

There have been no significant events affecting the company since the financial year-end