Northwestwaterjet Ltd

Northwestwaterjet Ltd
Contents Page
For the year ended 31 March 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Northwestwaterjet Ltd Accountants' Report For the year ended 31 March 2026
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts Northwestwaterjet Ltd for the year ended 31 March 2026 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Northwestwaterjet Ltd for the year ended 31 March 2026 which comprise of 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 Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com. This report is made solely to the Board of Directors of Northwestwaterjet Ltd , as a body, in accordance with the terms of our engagement letter dated 15 June 2026. Our work has been undertaken solely to prepare for your approval the accounts of Northwestwaterjet Ltd and state those matters that we have agreed to state to the Board of Directors of Northwestwaterjet Ltd, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Northwestwaterjet Ltd and its Board of Directors as a body for our work or for this report It is your duty to ensure that Northwestwaterjet 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 Northwestwaterjet Ltd. You consider that Northwestwaterjet 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 Northwestwaterjet 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 statutory accounts. .................................................... Rivington Accounts Ltd Bank House 6-8 Church Street Adlington Lancashire PR7 4EX 15 June 2026 1

Northwestwaterjet Ltd
Accountants' Report
For the year ended 31 March 2026

Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts Northwestwaterjet Ltd for the year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Northwestwaterjet Ltd for the year ended 31 March 2026 which comprise of 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 Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
This report is made solely to the Board of Directors of Northwestwaterjet Ltd , as a body, in accordance with the terms of our engagement letter dated 15 June 2026. Our work has been undertaken solely to prepare for your approval the accounts of Northwestwaterjet Ltd and state those matters that we have agreed to state to the Board of Directors of Northwestwaterjet Ltd, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Northwestwaterjet Ltd and its Board of Directors as a body for our work or for this report
It is your duty to ensure that Northwestwaterjet 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 Northwestwaterjet Ltd. You consider that Northwestwaterjet 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 Northwestwaterjet 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 statutory accounts.

....................................................
Rivington Accounts Ltd
Bank House
6-8 Church Street
Adlington
Lancashire
PR7 4EX
15 June 2026

1

Northwestwaterjet Ltd
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	250,147	313,037
		250,147	313,037
Current assets
Stocks		44,026	48,784
Debtors		226,552	143,110
Cash at bank and in hand		15,921	29,465
		286,499	221,359
Creditors: amount falling due within one year		(292,835)	(221,290)
Net current assets		(6,336)	69

Total assets less current liabilities		243,811	313,106
Creditors: amount falling due after more than one year		(226,260)	(252,291)
Provisions for liabilities		(47,953)	(60,056)
Net assets		(30,402)	759

Capital and reserves
Called up share capital	4	150	150
Profit and loss account		(30,552)	609
Shareholders' funds		(30,402)	759

For the year ended 31 March 2026 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

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

The financial statements were approved by the board of directors on 15 June 2026 and were signed on its behalf by:

-------------------------------
Mr A Dodd
Director

2

Northwestwaterjet Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Northwestwaterjet Ltd is a private company, limited by shares, registered in England and Wales, registration number 08773087, registration address Unit 229, Brierley Road, Walton Summit Centre , Preston , Lancashire, PR5 8BQ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	25% Reducing Balance
Computer Equipment	25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 6 (2025 : 6).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 April 2025	607,796	9,449	952	36,306	654,503
Additions	6,743	13,750	-	-	20,493
Disposals	-	-	-	-	-
At 31 March 2026	614,539	23,199	952	36,306	674,996
Depreciation
At 01 April 2025	305,113	9,051	726	26,576	341,466
Charge for year	77,356	3,537	57	2,433	83,383
On disposals	-	-	-	-	-
At 31 March 2026	382,469	12,588	783	29,009	424,849
Net book values
Closing balance as at 31 March 2026	232,070	10,611	169	7,297	250,147
Opening balance as at 01 April 2025	302,683	398	226	9,730	313,037

4.

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
150 Ordinary shares of £1.00 each	150		150
	150		150

3


Registered Number: 08773087
England and Wales
NORTHWESTWATERJET LTD

Abridged Accounts

Period of accounts Start date: 01 April 2025 End date: 31 March 2026