Company No: 14717057 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Steven Terry Doswell
	Mark Edward Thompson (Resigned 20 November 2025)

REGISTERED OFFICE	2 Holly Tree House
	Northminster Business Park
	York
	YO26 6QU
	United Kingdom

COMPANY NUMBER

14717057 (England and Wales)

ACCOUNTANT	Morrell Middleton Ltd Chartered Certified Accountants
	Wellington House
	Aviator Court
	York
	YO30 4UZ

	Note	30.11.2025		31.03.2025
		£		£
Fixed assets
Tangible assets	3	30,462		36,595
		30,462		36,595
Current assets
Stocks	4	36,711		14,644
Debtors	5	40,244		27,665
Cash at bank and in hand	6	31,943		34,192
		108,898		76,501
Creditors: amounts falling due within one year	7	( 57,978)		( 24,948)
Net current assets		50,920		51,553
Total assets less current liabilities		81,382		88,148
Creditors: amounts falling due after more than one year	8	( 62,000)		( 79,000)
Net assets		19,382		9,148
Capital and reserves
Called-up share capital	9	100		100
Profit and loss account		19,282		9,048
Total shareholders' funds		19,382		9,148

For the financial period ending 30 November 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Waterstone Plumbing & Heating Contractors Ltd (registered number: 14717057) were approved and authorised for issue by the Director on 01 April 2026. They were signed on its behalf by:

Steven Terry Doswell Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Waterstone Plumbing & Heating Contractors Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Holly Tree House, Northminster Business Park, York, YO26 6QU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

Reporting period length has been shortened to change the year end to 30 November going forward.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.	25 % reducing balance
	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Employees

	Period from 01.04.2025 to 30.11.2025		Year ended 31.03.2025
	Number		Number
Monthly average number of persons employed by the Company during the period, including the director	6		6

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2025	62,517		62,517
At 30 November 2025	62,517		62,517
Accumulated depreciation
At 01 April 2025	25,922		25,922
Charge for the financial period	6,133		6,133
At 30 November 2025	32,055		32,055
Net book value
At 30 November 2025	30,462		30,462
At 31 March 2025	36,595		36,595

4. Stocks

	30.11.2025		31.03.2025
	£		£
Stocks	1,000		1,000
Work in progress	35,711		13,644
	36,711		14,644

5. Debtors

	30.11.2025		31.03.2025
	£		£
Trade debtors	5,831		4,668
CIS suffered	22,556		10,107
Other debtors	11,857		12,890
	40,244		27,665

6. Cash and cash equivalents

	30.11.2025		31.03.2025
	£		£
Cash at bank and in hand	31,943		34,192

7. Creditors: amounts falling due within one year

	30.11.2025		31.03.2025
	£		£
Trade creditors	16,935		0
CIS withheld	70		70
Taxation and social security	19,429		10,801
Other creditors	21,544		14,077
	57,978		24,948

8. Creditors: amounts falling due after more than one year

	30.11.2025		31.03.2025
	£		£
Other creditors	62,000		79,000

There are no amounts included above in respect of which any security has been given by the small entity.

9. Called-up share capital

	30.11.2025		31.03.2025
	£		£
Allotted, called-up and fully-paid
50 Ordinary A shares of £ 1.00 each	50		50
50 Ordinary B shares of £ 1.00 each	50		50
	100		100