The most common and most likely answer to this crossword clue is the 5 plus 6 letter word WATER PISTOL
I've seen this crossword clue in The Sunday Telegraph
W
A
T
E
R
P
I
S
T
O
L
More clues leading to the result WATER PISTOL
Buddy explains!
The straight part
We know that "Small weapon" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case small weapon = water pistol.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.