Watercor Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 07662081

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		24,723		32,964
Investments	5		7,553,623		9,044,546

			7,578,346		9,077,510
CURRENT ASSETS
Debtors	6	700,256		679,764
Cash at bank and in hand		199,432		239,659

		899,688		919,423
Creditors: Amounts Falling Due Within One Year	7	(109,804 )		(47,910 )

NET CURRENT ASSETS (LIABILITIES)			789,884		871,513

TOTAL ASSETS LESS CURRENT LIABILITIES			8,368,230		9,949,023

NET ASSETS			8,368,230		9,949,023

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			8,368,130		9,948,923

SHAREHOLDERS' FUNDS			8,368,230		9,949,023

Page 1

Page 2

Watercor Limited

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 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.

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 Andrew Munro

Director

24/09/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Watercor Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07662081 . The registered office is C/O Swann Accounting Limited, First Floor Offices, Hastings Fishmarket, Rock-A-Nore Road, Hastings, East Sussex, TN34 3DW.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. 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% reducing balance
Computer Equipment	33% on cost

2.4. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.5. Investments in subsidiaries

Investments in subsidirary undertakings are recognised at cost.

3. Average Number of Employees

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

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 March 2025	71,472	653	72,125

As at 28 February 2026	71,472	653	72,125

Depreciation
As at 1 March 2025	38,508	653	39,161
Provided during the period	8,241	-	8,241

As at 28 February 2026	46,749	653	47,402

Net Book Value
As at 28 February 2026	24,723	-	24,723

As at 1 March 2025	32,964	-	32,964

Page 3

Page 4

Watercor Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 March 2025	9,044,546
Revaluations	(1,490,923 )

As at 28 February 2026	7,553,623

Provision
As at 1 March 2025	-

As at 28 February 2026	-

Net Book Value
As at 28 February 2026	7,553,623

As at 1 March 2025	9,044,546

6. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	700,000	678,500
VAT	256	1,264

	700,256	679,764

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	486	522
Accruals and deferred income	1,600	1,600
Directors' loan accounts	107,718	45,788

	109,804	47,910

8. Share Capital

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

9. Related Party Transactions

At the year end a directors loan account existed and the director Mr A Munro was owed £107,718 (2025: £45,788). There is no interest charged on this amount and it is repayable upon demand.