Company Registration No. 14797659 (England and Wales)
R Watt Construction Limited
Unaudited accounts
for the year ended 31 March 2026
R Watt Construction Limited
Unaudited accounts
Contents
R Watt Construction Limited
Company Information
for the year ended 31 March 2026
Company Number
14797659 (England and Wales)
Registered Office
18 Kenneth Road
Bristol
Avon
BS4 5AF
England
Accountants
Evans Entwistle
26 Berkeley Square
Bristol
BS8 1HP
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
R Watt Construction Limited
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 R Watt Construction Limited 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 CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
26 Berkeley Square
Bristol
BS8 1HP
3 July 2026
R Watt Construction Limited
Statement of financial position
as at 31 March 2026
Tangible assets
13,395
12,989
Cash at bank and in hand
(1,615)
-
Creditors: amounts falling due within one year
(48,971)
(46,899)
Net current liabilities
(11,078)
(11,496)
Total assets less current liabilities
2,317
1,493
Provisions for liabilities
Called up share capital
50
100
Profit and loss account
437
1,393
Shareholders' funds
487
1,493
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 August 2026 and were signed on its behalf by
Ryan Watt
Director
Company Registration No. 14797659
R Watt Construction Limited
Notes to the Accounts
for the year ended 31 March 2026
R Watt Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 14797659. The registered office is 18 Kenneth Road, Bristol, Avon, BS4 5AF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. The Depreciation Policy has been revised from 25% Reducing balance to 20% Straight Line.
An adjustment to depreciation has been charged in this year to bring the accumulated depreciation into line with what it would have been had the current policy been charged on all assets since acquisition.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Motor vehicles
20% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
R Watt Construction Limited
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2025
13,416
9,500
22,916
Disposals
(10,000)
(7,000)
(17,000)
At 31 March 2026
3,416
14,429
17,845
At 1 April 2025
5,771
4,156
9,927
Charge for the year
559
1,402
1,961
On disposals
(4,375)
(3,063)
(7,438)
At 31 March 2026
1,955
2,495
4,450
At 31 March 2026
1,461
11,934
13,395
At 31 March 2025
7,645
5,344
12,989
Finished goods
13,333
6,375
Amounts falling due within one year
Accrued income and prepayments
-
5,393
Other debtors
20,226
17,588
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
-
11,843
Trade creditors
22,087
24,252
Taxes and social security
10,375
7,455
R Watt Construction Limited
Notes to the Accounts
for the year ended 31 March 2026
8
Deferred taxation
2026
2025
Accelerated capital allowances
1,830
-
Charged to other comprehensive income
1,830
-
Provision at end of year
1,830
-
Allotted, called up and fully paid:
50 Ordinary shares of £1 each
50
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan
8,901
16,114
13,794
11,221
8,901
16,114
13,794
11,221
11
Average number of employees
During the year the average number of employees was 4 (2025: 6).