Company registration number: 10429625
Annual report and unaudited financial statements
for the year ended 30 November 2025
for
Waterman Property Management Limited
Pages for filing with the Registrar
Company registration number: 10429625
Waterman Property Management Limited
Balance sheet
as at 30 November 2025
2025 2024
Note £ £ £ £
Current assets
Stocks - 390,500
Debtors 4 439,288 1,788
Cash at bank and in hand 1,315 3,987
440,603 396,275
Creditors: amounts falling due within one year
5 (367,824) (357,637)
Net current assets 72,779 38,638
Creditors: Amounts falling due after more than one year
6 (20,368) (31,070)
NET ASSETS 52,411 7,568
Capital and reserves
Called up share capital 100 100
Profit and loss account 52,311 7,468
TOTAL EQUITY 52,411 7,568
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 November 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10429625
Waterman Property Management Limited
Balance sheet - continued
as at 30 November 2025
The 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 31 August 2026 and signed on its behalf by:
Mr A McGurren, Director Mrs C McGurren, Director
31 August 2026 31 August 2026
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Waterman Property Management Limited
Notes to the financial statements
for the year ended 30 November 2025
1 Company information
Waterman Property Management Limited is a private company registered in England and Wales. Its registered number is 10429625. The company is limited by shares. Its registered office is Hawthorn House, Tye Common Road, Billericay, Essex, CM12 9NX.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
3 Average number of employees
During the year the average number of employees was Nil (2024 - Nil).
4 Debtors
2025 2024
£ £
Trade debtors 437,500 -
Other debtors 1,788 1,788
439,288 1,788
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Waterman Property Management Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
5 Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 10,260 10,260
Amounts owed to participating interests 251,940 251,939
Amounts owed to directors 105,624 5,624
Accruals and deferred income - 89,814
367,824 357,637
6 Creditors: amounts falling due after more than one year
2025 2024
£ £
Bank loans 20,368 31,070
7 Related party transactions
As at 30 November 2025, the Director A.McGurren was owed £105,624 (2024: £5,624) by the company. As at 30 November 2025, £251,939 (2024: £251,939) was owed to Waterman Developments Ltd a company under common control.

8 Controlling party
The company is jointly controlled by the Directors.
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