Company Registration No. 11342581 (England and Wales)
Watson & Hunter Specialised Vehicles Limited
Unaudited accounts
for the year ended 31 May 2026
Watson & Hunter Specialised Vehicles Limited
Unaudited accounts
Contents
Watson & Hunter Specialised Vehicles Limited
Company Information
for the year ended 31 May 2026
Directors
A M Hunter
M Watson
Company Number
11342581 (England and Wales)
Registered Office
Becklands Park Industrial Estate
York Road
Market Weighton
East Yorkshire
YO43 3GA
United Kingdom
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors
Crown House, York Road
Shiptonthorpe
York
East Yorkshire
YO43 3PF
Watson & Hunter Specialised Vehicles Limited
Statement of financial position
as at 31 May 2026
Tangible assets
109,367
111,495
Inventories
257,901
277,700
Cash at bank and in hand
315,101
725,256
Creditors: amounts falling due within one year
(459,851)
(666,663)
Net current assets
542,979
508,823
Total assets less current liabilities
652,346
620,318
Creditors: amounts falling due after more than one year
-
(24,454)
Provisions for liabilities
Deferred tax
(20,780)
(27,874)
Net assets
631,566
567,990
Called up share capital
100
100
Profit and loss account
631,466
567,890
Shareholders' funds
631,566
567,990
For the year ending 31 May 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 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 of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by
M Watson
Director
Company Registration No. 11342581
Watson & Hunter Specialised Vehicles Limited
Notes to the Accounts
for the year ended 31 May 2026
Watson & Hunter Specialised Vehicles Limited is a private company, limited by shares, registered in England and Wales, registration number 11342581. The registered office is Becklands Park Industrial Estate, York Road, Market Weighton, East Yorkshire, YO43 3GA, United Kingdom.
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.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on a reducing balance
Motor vehicles
20% on a reducing balance
Fixtures & fittings
20% on a reducing balance
Following a review of the accounting records for the year ended 31 May 2026, a number of purchase invoices were discovered as relating to the year ended 31 May 2025. These had been received late from the supplier and omitted from the accounting records for the year ended 31 May 2025. The amounts involved totalled £46,800 plus VAT. The prior year has been restated to include these amounts with the opening revenue reserves at 1 June 2025 amended accordingly.
Watson & Hunter Specialised Vehicles Limited
Notes to the Accounts
for the year ended 31 May 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2025
45,557
85,526
64,670
11,937
207,690
Additions
5,072
11,000
-
8,436
24,508
At 31 May 2026
50,629
96,526
64,670
20,373
232,198
At 1 June 2025
35,511
35,310
24,661
713
96,195
Charge for the year
3,024
12,243
8,002
3,367
26,636
At 31 May 2026
38,535
47,553
32,663
4,080
122,831
At 31 May 2026
12,094
48,973
32,007
16,293
109,367
At 31 May 2025
10,046
50,216
40,009
11,224
111,495
Amounts falling due within one year
Trade debtors
259,206
125,562
Other debtors
170,622
46,968
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
1,667
10,000
Obligations under finance leases and hire purchase contracts
25,452
7,977
Trade creditors
102,473
97,871
Taxes and social security
36,542
92,436
Other creditors
94,247
50,413
Deferred income
117,000
247,000
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
-
22,787
Watson & Hunter Specialised Vehicles Limited
Notes to the Accounts
for the year ended 31 May 2026
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan
27,373
53,056
-
80,429
Loan
19,595
70,598
-
90,193
The balances will be substantially reduced following the declaration of dividends within 9 months of the year-end.
9
Transactions with related parties
During the year rent was paid to the directors' joint property account for the use of the factory unit utilised by the company, that the directors own in joint names. The amount of rent charged was £78,000 (2025 : £78,000).
There were no amounts outstanding at either the 2026 or 2025 financial year ends.
10
Average number of employees
During the year the average number of employees was 21 (2025: 23).