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REGISTERED NUMBER: 05586180 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st October 2023

for

Water For You Limited

Water For You Limited (Registered number: 05586180)






Contents of the Financial Statements
for the Year Ended 31st October 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Water For You Limited

Company Information
for the Year Ended 31st October 2023







DIRECTORS: R H Maguire
Mrs S Maguire





SECRETARY: Mrs K Gellatly





REGISTERED OFFICE: Castle House
High Street
Ammanford
Carmarthenshire
SA18 2NB





REGISTERED NUMBER: 05586180 (England and Wales)





ACCOUNTANTS: Ashmole & Co
Chartered Certified Accountants
Castle House
High Street
Ammanford
Carmarthenshire
SA18 2NB

Water For You Limited (Registered number: 05586180)

Abridged Balance Sheet
31st October 2023

31.10.23 31.10.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 46,174 33,091

CURRENT ASSETS
Debtors 79,501 82,373
Cash at bank and in hand 13,771 233
93,272 82,606
CREDITORS
Amounts falling due within one year (75,474 ) (62,458 )
NET CURRENT ASSETS 17,798 20,148
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,972

53,239

CREDITORS
Amounts falling due after more than
one year

(54,927

)

(46,792

)

PROVISIONS FOR LIABILITIES (8,773 ) (6,183 )
NET ASSETS 272 264

CAPITAL AND RESERVES
Called up share capital 19 19
Retained earnings 253 245
SHAREHOLDERS' FUNDS 272 264

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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.

Water For You Limited (Registered number: 05586180)

Abridged Balance Sheet - continued
31st October 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 31st October 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 Board of Directors and authorised for issue on 24th November 2023 and were signed on its behalf by:





R H Maguire - Director


Water For You Limited (Registered number: 05586180)

Notes to the Financial Statements
for the Year Ended 31st October 2023

1. STATUTORY INFORMATION

Water For You 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.

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.
Plant and machinery - 15% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Water For You Limited (Registered number: 05586180)

Notes to the Financial Statements - continued
for the Year Ended 31st October 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.

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 4 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st November 2022 128,430
Additions 29,591
Disposals (19,488 )
At 31st October 2023 138,533
DEPRECIATION
At 1st November 2022 95,339
Charge for year 16,508
Eliminated on disposal (19,488 )
At 31st October 2023 92,359
NET BOOK VALUE
At 31st October 2023 46,174
At 31st October 2022 33,091

Water For You Limited (Registered number: 05586180)

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

4. TANGIBLE FIXED ASSETS - continued

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

Totals
£   
COST
At 1st November 2022 80,100
Additions 27,991
Disposals (19,488 )
Reclassification/transfer (11,250 )
At 31st October 2023 77,353
DEPRECIATION
At 1st November 2022 25,313
Charge for year 15,471
Reclassification/transfer (4,995 )
At 31st October 2023 35,789
NET BOOK VALUE
At 31st October 2023 41,564
At 31st October 2022 54,787

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st October 2023 and 31st October 2022:

31.10.23 31.10.22
£    £   
R H Maguire
Balance outstanding at start of year 14,138 9,176
Amounts advanced 27,544 37,962
Amounts repaid (40,000 ) (33,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,682 14,138