IRIS Accounts Production v23.2.0.158 04798474 Board of Directors 1.7.22 30.6.23 30.6.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh047984742022-06-30047984742023-06-30047984742022-07-012023-06-30047984742021-06-30047984742021-07-012022-06-30047984742022-06-3004798474ns10:Originalns15:EnglandWales2022-07-012023-06-3004798474ns14:PoundSterlingns10:Original2022-07-012023-06-3004798474ns10:Originalns10:Director12022-07-012023-06-3004798474ns10:Original2022-07-012023-06-3004798474ns10:Original2023-06-3004798474ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3004798474ns10:Originalns10:SmallEntities2022-07-012023-06-3004798474ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3004798474ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3004798474ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3004798474ns10:Originalns10:FullAccounts2022-07-012023-06-3004798474ns10:Originalns10:Director22022-07-012023-06-3004798474ns10:CompanySecretary1ns10:Original2022-07-012023-06-3004798474ns10:Originalns10:RegisteredOffice2022-07-012023-06-3004798474ns10:Original2022-06-3004798474ns10:Originalns5:CurrentFinancialInstruments2023-06-3004798474ns10:Originalns5:CurrentFinancialInstruments2022-06-3004798474ns10:Originalns5:Non-currentFinancialInstruments2023-06-3004798474ns10:Originalns5:Non-currentFinancialInstruments2022-06-3004798474ns5:ShareCapitalns10:Original2023-06-3004798474ns5:ShareCapitalns10:Original2022-06-3004798474ns10:Originalns5:CapitalRedemptionReserve2023-06-3004798474ns10:Originalns5:CapitalRedemptionReserve2022-06-3004798474ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3004798474ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3004798474ns10:Originalns5:PlantMachinery2022-07-012023-06-3004798474ns10:Original2021-07-012022-06-3004798474ns10:Originalns5:LandBuildings2022-06-3004798474ns10:Originalns5:PlantMachinery2022-06-3004798474ns10:Original2022-06-3004798474ns10:Originalns5:LandBuildings2022-07-012023-06-3004798474ns10:Originalns5:LandBuildings2023-06-3004798474ns10:Originalns5:PlantMachinery2023-06-3004798474ns10:Originalns5:LandBuildings2022-06-3004798474ns10:Originalns5:PlantMachinery2022-06-3004798474ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-06-3004798474ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-07-012023-06-3004798474ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-06-3004798474ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-06-3004798474ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3004798474ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-30
REGISTERED NUMBER: 04798474 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 June 2023

for

SPRINGHILL WATER SERVICES LIMITED

SPRINGHILL WATER SERVICES LIMITED (REGISTERED NUMBER: 04798474)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SPRINGHILL WATER SERVICES LIMITED

Company Information
for the Year Ended 30 June 2023







DIRECTORS: K P Wain
G S Nemec





SECRETARY: K P Wain





REGISTERED OFFICE: Unit 15C
Moderna Business Park
Moderna Way, Mytholmroyd
Halifax
West Yorkshire
HX7 5QQ





REGISTERED NUMBER: 04798474 (England and Wales)





ACCOUNTANTS: BK Plus Ltd
52 St Johns Lane
Halifax
West Yorkshire
HX1 2BW

SPRINGHILL WATER SERVICES LIMITED (REGISTERED NUMBER: 04798474)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 195,550 156,914

CURRENT ASSETS
Stocks 117,904 120,000
Debtors 5 117,700 95,451
Cash at bank and in hand 18,451 13,023
254,055 228,474
CREDITORS
Amounts falling due within one year 6 221,716 167,434
NET CURRENT ASSETS 32,339 61,040
TOTAL ASSETS LESS CURRENT LIABILITIES 227,889 217,954

CREDITORS
Amounts falling due after more than one
year

7

(55,859

)

(39,853

)

PROVISIONS FOR LIABILITIES (27,388 ) (13,094 )
NET ASSETS 144,642 165,007

CAPITAL AND RESERVES
Called up share capital 90 90
Capital redemption reserve 10 10
Retained earnings 144,542 164,907
SHAREHOLDERS' FUNDS 144,642 165,007

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

SPRINGHILL WATER SERVICES LIMITED (REGISTERED NUMBER: 04798474)

Balance Sheet - continued
30 June 2023


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

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 22 November 2023 and were signed on its behalf by:





K P Wain - Director


SPRINGHILL WATER SERVICES LIMITED (REGISTERED NUMBER: 04798474)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Springhill Water Services 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 etc - 25% on reducing balance, 20% on cost and 15% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

SPRINGHILL WATER SERVICES LIMITED (REGISTERED NUMBER: 04798474)

Notes to the Financial Statements - continued
for the Year Ended 30 June 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 17 (2022 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2022 100,000 188,220 288,220
Additions - 84,637 84,637
Disposals - (33,995 ) (33,995 )
At 30 June 2023 100,000 238,862 338,862
DEPRECIATION
At 1 July 2022 12,000 119,306 131,306
Charge for year 2,000 35,949 37,949
Eliminated on disposal - (25,943 ) (25,943 )
At 30 June 2023 14,000 129,312 143,312
NET BOOK VALUE
At 30 June 2023 86,000 109,550 195,550
At 30 June 2022 88,000 68,914 156,914

SPRINGHILL WATER SERVICES LIMITED (REGISTERED NUMBER: 04798474)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS - continued

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

Plant and
machinery
etc
£   
COST
At 1 July 2022 117,673
Additions 78,526
At 30 June 2023 196,199
DEPRECIATION
At 1 July 2022 55,994
Charge for year 29,834
At 30 June 2023 85,828
NET BOOK VALUE
At 30 June 2023 110,371
At 30 June 2022 61,679

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 97,928 74,291
Other debtors 19,772 21,160
117,700 95,451

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 63,987 34,940
Hire purchase contracts 42,605 18,460
Trade creditors 64,793 65,954
Taxation and social security 35,764 31,150
Other creditors 14,567 16,930
221,716 167,434

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans 11,267 17,396
Hire purchase contracts 44,592 22,457
55,859 39,853