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REGISTERED NUMBER: 05507763 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2018

FOR

STORMWATER MANAGEMENT LTD.

STORMWATER MANAGEMENT LTD. (REGISTERED NUMBER: 05507763)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 28 February 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STORMWATER MANAGEMENT LTD.

COMPANY INFORMATION
for the year ended 28 February 2018







DIRECTOR: C Foxton





SECRETARY: T Woods





REGISTERED OFFICE: Unit 2
Charnwood Edge Business Park
Syston Road
Leicester
Leicestershire
LE7 4UZ





REGISTERED NUMBER: 05507763 (England and Wales)





ACCOUNTANTS: Magma Audit LLP
Unit 2
Charnwood Edge Business Park
Syston Road
Leicester
LE7 4UZ

STORMWATER MANAGEMENT LTD. (REGISTERED NUMBER: 05507763)

BALANCE SHEET
28 February 2018

2018 2017
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 158 181

CURRENT ASSETS
Stocks 4,087 17,114
Debtors 5 111,078 163,116
Cash at bank 22,804 20,892
137,969 201,122
CREDITORS
Amounts falling due within one year 6 117,621 171,188
NET CURRENT ASSETS 20,348 29,934
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,506

30,115

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 20,406 30,015
20,506 30,115

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 6 November 2018 and were signed by:





C Foxton - Director


STORMWATER MANAGEMENT LTD. (REGISTERED NUMBER: 05507763)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 28 February 2018


1. STATUTORY INFORMATION

Stormwater Management Ltd. is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary
amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the
revaluation of freehold properties and to include investment properties and certain financial instruments at fair
value. The principal accounting policies adopted are set out below.

Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts and is
recognised as goods are despatched.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods
have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it
is probable that the economic benefits associated with the transaction will flow to the entity and the costs
incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures, fittings & equipment33-67% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset, and is credited or charged to profit or loss.

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication exists,
the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the
recoverable amount of the cash-generating unit to which the asset belongs.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises
direct materials and, where applicable, direct labour costs and those overheads that have been incurred in
bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of replacement cost and
cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks
over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or
loss. Reversals of impairment losses are also recognised in profit or loss.

STORMWATER MANAGEMENT LTD. (REGISTERED NUMBER: 05507763)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 28 February 2018


2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12
'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the
contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there
is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis
or to realise the asset and settle the liability simultaneously.

(i) Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction
price including transaction costs and are subsequently carried at amortised cost using the effective interest
method unless the arrangement constitutes a financing transaction, where the transaction is measured at the
present value of the future receipts discounted at a market rate of interest. Financial assets classified as
receivable within one year are not amortised.

(ii) Impairment of financial assets
Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of
impairment at each reporting end date.

(iii) Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets
of the company after deducting all of its liabilities.

(iv) Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference
shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes
a financing transaction, where the debt instrument is measured at the present value of the future payments
discounted at a market rate of interest. Financial liabilities classified as payable within one year are not
amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or
less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction
price and subsequently measured at amortised cost using the effective interest method.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal
of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

STORMWATER MANAGEMENT LTD. (REGISTERED NUMBER: 05507763)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 28 February 2018


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling
at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.
Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of
the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 March 2017 6,153
Additions 122
Disposals (423 )
At 28 February 2018 5,852
DEPRECIATION
At 1 March 2017 5,972
Charge for year 128
Eliminated on disposal (406 )
At 28 February 2018 5,694
NET BOOK VALUE
At 28 February 2018 158
At 28 February 2017 181

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£ £
Trade debtors 68,699 92,222
Other debtors 42,379 70,894
111,078 163,116

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£ £
Trade creditors 49,019 59,967
Taxation and social security 9,119 8,922
Other creditors 59,483 102,299
117,621 171,188

STORMWATER MANAGEMENT LTD. (REGISTERED NUMBER: 05507763)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 28 February 2018


7. SECURED DEBTS

Included within other creditors is an amount of £52,289 (2017: £57,571) which is secured by way of a fixed and
floating charge over the assets of the company.

8. FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENT LIABILITIES

Operating lease commitments not included in the balance sheet amount to £NIL (2017 - £5,479) relating to a
motor vehicle lease which expired in 2018.