Watson@Home Ltd

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of Watson@Home Ltd For The Year Ended 31 August 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Watson@Home Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Watson@Home Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Watson@Home Ltd and state those matters that we have agreed to state to the directors of Watson@Home Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Watson@Home Ltd and its directors as a body for our work or for this report.

It is your duty to ensure that Watson@Home Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Watson@Home Ltd . You consider that Watson@Home Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Watson@Home Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

26 May 2026

UK Property Accountants

Chartered Certified Accountants

809 Salisbury House, 29 Finsbury Circus

London

EC2M 7AQ

Page 1

Page 2

Watson@Home Ltd

Balance Sheet

As At 31 August 2025

Balance Sheet

Registered number: 12844458

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		720,000		750,000

			720,000		750,000
CURRENT ASSETS
Debtors	5	9,670		15,795
Cash at bank and in hand		99		5,527

		9,769		21,322
Creditors: Amounts Falling Due Within One Year	6	(332,982 )		(329,386 )

NET CURRENT ASSETS (LIABILITIES)			(323,213 )		(308,064 )

TOTAL ASSETS LESS CURRENT LIABILITIES			396,787		441,936

Creditors: Amounts Falling Due After More Than One Year	7		(485,784 )		(485,784 )

PROVISIONS FOR LIABILITIES
Provisions			(5,201 )		-
Deferred Taxation			-		(5,201 )

NET LIABILITIES			(94,198 )		(49,049 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(94,298 )		(49,149 )

SHAREHOLDERS' FUNDS			(94,198)		(49,049)

Page 2

Page 3

Watson@Home Ltd

Balance Sheet (continued)

As At 31 August 2025

For the 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.

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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Jade Leonora Ferrari

Director

26 May 2026

The notes on pages 4 to 6 form part of these financial statements.

Page 3

Page 4

Watson@Home Ltd

Notes to the Financial Statements

For The Year Ended 31 August 2025

Notes to the Financial Statements

1. General Information

Watson@Home Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12844458 . The registered office is 809 Salisbury House, Finsbury Circus, England, London, EC2M 7AQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors believe that the company would have sufficient resources to continue to trade for foreseeable future.

2.3. Turnover

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. The following criteria must also be met before revenue is recognised:

Income from investment properties

Rental income from investment properties leased out under an operating lease is recognised in the income statement on a straight-line basis over the term of the lease. Lease incentives granted are recognised as an integral part of the total rental income over the life of the lease.

Service charge income is recognised as revenue in the period to which it relates.

2.4. Investment Properties

Investment properties, including freehold and long leasehold properties, are those which are held either to earn rental income or for capital appreciation or both. Investment properties include property that is being constructed or developed for future use as an investment property.

Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure.

Investment properties whose fair value can be measured reliably are measured at fair value, based on the market valuations.

Any surplus or deficit on revaluation is recognised in the income statement as a fair value gains and losses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

Page 4

Page 5

Watson@Home Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Tangible Assets

	Investment Properties
	£
Cost or Valuation
As at 1 September 2024	750,000
Revaluation	(30,000 )

As at 31 August 2025	720,000

Net Book Value
As at 31 August 2025	720,000

As at 1 September 2024	750,000

The investment properties are valued, at 31 August 2025, by directors of the company based on the assessment of available market information and property condition. The directors believe the their valuation would not be materially different from the professional valuation.

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	9,670	15,795

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Accruals and deferred income	2,540	2,540
Directors' loan accounts	330,442	326,846

	332,982	329,386

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	485,784	485,784

8. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Bank loans and overdrafts	485,784		485,784

Page 5

Page 6

Watson@Home Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Related Party Transactions

Included in creditors due within one year is an amount of £330,442 (2024: £326,846) owed to its directors. The amount is interest free and repayable on demand.

11. Ultimate Controlling Party

The company's ultimate controlling party is Ms Jade Leonora Ferrari by virtue of the ownership of 100% of the issued share capital in the company.

Page 6