Watson's Multi-Trade Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10658522

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1,075		2,150
Tangible Assets	5		18,498		23,380

			19,573		25,530
CURRENT ASSETS
Stocks	6	200		275
Debtors	7	17,943		15,402
Cash at bank		17,594		34,577

		35,737		50,254
Creditors: Amounts Falling Due Within One Year	8	(11,380 )		(16,749 )

NET CURRENT ASSETS (LIABILITIES)			24,357		33,505

TOTAL ASSETS LESS CURRENT LIABILITIES			43,930		59,035

NET ASSETS			43,930		59,035

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			43,830		58,935

SHAREHOLDERS' FUNDS			43,930		59,035

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Watson's Multi-Trade Services Limited

Balance Sheet (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 member has 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.

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 Profit and Loss Account.

On behalf of the board

Mr T Watson

Director

05/10/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Watson's Multi-Trade Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10658522 . The registered office is Zaramac, Waverley Avenue, Minster-on-Sea, Sheerness, ME12 2JL.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of ten years.

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	25% on reducing balance
Motor van	25% on reducing balance
Office equipment	25% on reducing balance

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.

2.6. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 2)

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Watson's Multi-Trade Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	10,750

As at 31 March 2026	10,750

Amortisation
As at 1 April 2025	8,600
Provided during the period	1,075

As at 31 March 2026	9,675

Net Book Value
As at 31 March 2026	1,075

As at 1 April 2025	2,150

5. Tangible Assets

	Plant & machinery	Motor van	Office equipment	Total
	£	£	£	£
Cost or Valuation
As at 1 April 2025	5,793	27,750	1,190	34,733
Additions	1,934	-	-	1,934

As at 31 March 2026	7,727	27,750	1,190	36,667

Depreciation
As at 1 April 2025	3,997	6,938	418	11,353
Provided during the period	1,420	5,203	193	6,816

As at 31 March 2026	5,417	12,141	611	18,169

Net Book Value
As at 31 March 2026	2,310	15,609	579	18,498

As at 1 April 2025	1,796	20,812	772	23,380

6. Stocks

	2026	2025
	£	£
Stock	200	275

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Watson's Multi-Trade Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	17,100	13,087
Other debtors & prepayments	843	972
Corporation tax recoverable	-	1,343

	17,943	15,402

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Corporation tax	1,964	-
Social security & others taxes	399	-
VAT	5,338	7,024
Other creditors & accruals	3,171	2,860
Director's loan account	508	6,865

	11,380	16,749

9. Share Capital

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

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