Waterhouse Braintree Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—6

Registered number: 14907055

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		43,283		50,541

			43,283		50,541
CURRENT ASSETS
Stocks	5	8,100		12,159
Debtors	6	19,948		17,147
Cash at bank and in hand		54,480		39,576

		82,528		68,882
Creditors: Amounts Falling Due Within One Year	7	(63,772 )		(110,595 )

NET CURRENT ASSETS (LIABILITIES)			18,756		(41,713 )

TOTAL ASSETS LESS CURRENT LIABILITIES			62,039		8,828

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,524 )		(1,918 )

NET ASSETS			60,515		6,910

CAPITAL AND RESERVES
Called up share capital	8		100		100
Income Statement			60,415		6,810

SHAREHOLDERS' FUNDS			60,515		6,910

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Waterhouse Braintree Ltd

Statement of Financial Position (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 Income Statement.

On behalf of the board

Mr J Cowell Director	Mr J Hinton Director
22 June 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Waterhouse Braintree Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14907055 . The registered office is Waterhouse Braintree Service Centre, Chapel Hill, Braintree, Essex, CM7 3QU.

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.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% Reducing balance basis
Motor Vehicles	25% Reducing balance basis
Computer Equipment	15% Reducing balance basis

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Waterhouse Braintree Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Government Grant

Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income statement over the useful life of the asset concerned.

All grants in the income statement are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2025: 6)

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Waterhouse Braintree Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	26,482	37,500	8,169	72,151
Additions	1,526	-	1,233	2,759

As at 31 March 2026	28,008	37,500	9,402	74,910

Depreciation
As at 1 April 2025	5,661	14,552	1,397	21,610
Provided during the period	3,198	5,737	1,082	10,017

As at 31 March 2026	8,859	20,289	2,479	31,627

Net Book Value
As at 31 March 2026	19,149	17,211	6,923	43,283

As at 1 April 2025	20,821	22,948	6,772	50,541

5. Stocks

	2026	2025
	£	£
Stock	8,100	12,159

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	6,143	3,226
Other debtors	13,805	13,921

	19,948	17,147

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	18,043	13,822
Other creditors	7,150	67,000
Taxation and social security	38,579	29,773

	63,772	110,595

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Waterhouse Braintree Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

9. Ultimate Controlling Party

The company's ultimate controlling party is The VWAUDI Tec Specialists Limited by virtue of his ownership of 100% of the issued share capital in the company.

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