IRIS Accounts Production v23.3.0.418 03323414 Board of Directors Board of Directors 1.2.22 31.1.23 31.1.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure033234142022-01-31033234142023-01-31033234142022-02-012023-01-31033234142021-01-31033234142021-02-012022-01-31033234142022-01-3103323414ns16:EnglandWales2022-02-012023-01-3103323414ns15:PoundSterling2022-02-012023-01-3103323414ns11:Director12022-02-012023-01-3103323414ns11:Director22022-02-012023-01-3103323414ns11:PrivateLimitedCompanyLtd2022-02-012023-01-3103323414ns11:SmallEntities2022-02-012023-01-3103323414ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-3103323414ns11:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3103323414ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-3103323414ns11:AbridgedAccounts2022-02-012023-01-310332341412022-02-012023-01-3103323414ns11:OrdinaryShareClass22022-02-012023-01-3103323414ns11:CompanySecretary12022-02-012023-01-3103323414ns11:RegisteredOffice2022-02-012023-01-3103323414ns6:CurrentFinancialInstruments2023-01-3103323414ns6:CurrentFinancialInstruments2022-01-3103323414ns6:Non-currentFinancialInstruments2023-01-3103323414ns6:Non-currentFinancialInstruments2022-01-3103323414ns6:ShareCapital2023-01-3103323414ns6:ShareCapital2022-01-3103323414ns6:RetainedEarningsAccumulatedLosses2023-01-3103323414ns6:RetainedEarningsAccumulatedLosses2022-01-3103323414ns6:NetGoodwill2022-02-012023-01-3103323414ns6:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3103323414ns6:DeferredTaxation2022-01-3103323414ns6:DeferredTaxation2022-02-012023-01-3103323414ns6:DeferredTaxation2023-01-3103323414ns11:OrdinaryShareClass22023-01-31
REGISTERED NUMBER: 03323414 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Anglian Land Drainage Limited

Anglian Land Drainage Limited (Registered number: 03323414)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Anglian Land Drainage Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: Mr M D Jaggard
Mr S C Jaggard





SECRETARY: Mr M D Jaggard





REGISTERED OFFICE: Mawkinherds Farm
High Easter Road
Barnston
Dunmow
Essex
CM6 1ND





REGISTERED NUMBER: 03323414 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

Anglian Land Drainage Limited (Registered number: 03323414)

Abridged Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,291,425 2,746,179
2,291,425 2,746,179

CURRENT ASSETS
Stocks 74,424 84,804
Debtors 4,346,706 2,544,611
Cash at bank and in hand 1,519,823 1,445,315
5,940,953 4,074,730
CREDITORS
Amounts falling due within one year 1,802,506 1,238,005
NET CURRENT ASSETS 4,138,447 2,836,725
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,429,872

5,582,904

CREDITORS
Amounts falling due after more than one
year

(468,854

)

(447,527

)

PROVISIONS FOR LIABILITIES 6 (367,298 ) (346,888 )
NET ASSETS 5,593,720 4,788,489

CAPITAL AND RESERVES
Called up share capital 7 10,000 10,000
Retained earnings 5,583,720 4,778,489
SHAREHOLDERS' FUNDS 5,593,720 4,788,489

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Anglian Land Drainage Limited (Registered number: 03323414)

Abridged Balance Sheet - continued
31 January 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 29 June 2023 and were signed on its behalf by:




Mr M D Jaggard - Director



Mr S C Jaggard - Director


Anglian Land Drainage Limited (Registered number: 03323414)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Anglian Land Drainage Limited 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1997, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property- not provided
Plant and machinery- 20% on reducing balance
Fixtures and fittings- 25% on reducing balance
Motor vehicles- 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Anglian Land Drainage Limited (Registered number: 03323414)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2022 - 40 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2022
and 31 January 2023 2,300
AMORTISATION
At 1 February 2022
and 31 January 2023 2,300
NET BOOK VALUE

At 31 January 2023 -
At 31 January 2022 -

Anglian Land Drainage Limited (Registered number: 03323414)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2022 5,980,172
Additions 546,772
Disposals (636,960 )
At 31 January 2023 5,889,984
DEPRECIATION
At 1 February 2022 3,233,993
Charge for year 573,071
Eliminated on disposal (208,505 )
At 31 January 2023 3,598,559
NET BOOK VALUE
At 31 January 2023 2,291,425
At 31 January 2022 2,746,179

Net book value of assets held under hire purchase agreements as at the balance sheet date is £766,551 (2022 - £674,420 )

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 February 2022 1,028,358
Additions 299,900
Transfer to ownership (265,750 )
At 31 January 2023 1,062,508
DEPRECIATION
At 1 February 2022 210,392
Charge for year 207,768
Transfer to ownership (122,204 )
At 31 January 2023 295,956
NET BOOK VALUE
At 31 January 2023 766,552
At 31 January 2022 817,966

6. PROVISIONS FOR LIABILITIES
31.1.23 31.1.22
£    £   
Deferred tax 367,298 346,888

Anglian Land Drainage Limited (Registered number: 03323414)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

6. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 February 2022 346,888
Charge to Income Statement during year 20,410
Balance at 31 January 2023 367,298

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
10,000 Ordinary £1.00 10,000 10,000