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Company Registration No. 08049652 (England and Wales)
DEBS DRAINAGE LTD Unaudited accounts for the year ended 31 March 2024
DEBS DRAINAGE LTD Unaudited accounts Contents
Page
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DEBS DRAINAGE LTD Company Information for the year ended 31 March 2024
Directors
D A Rose
Company Number
08049652 (England and Wales)
Registered Office
UNIT 25 MOUNT STREET BUSINESS CENTRE, MO NECHELLS BIRMINGHAM B7 5RD
Accountants
Parkers Accountancy And Taxation 590a Kingsbury Road Erdington Birmingham B24 9ND
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DEBS DRAINAGE LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
31,375 
24,913 
Current assets
Debtors
14,581 
12,422 
Cash at bank and in hand
15,354 
8,942 
29,935 
21,364 
Creditors: amounts falling due within one year
(1,788)
(2,545)
Net current assets
28,147 
18,819 
Total assets less current liabilities
59,522 
43,732 
Creditors: amounts falling due after more than one year
(77,000)
(47,321)
Net liabilities
(17,478)
(3,589)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(17,479)
(3,590)
Shareholders' funds
(17,478)
(3,589)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2024 and were signed on its behalf by
D A Rose Director Company Registration No. 08049652
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DEBS DRAINAGE LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
DEBS DRAINAGE LTD is a private company, limited by shares, registered in England and Wales, registration number 08049652. The registered office is UNIT 25 MOUNT STREET BUSINESS CENTRE, MO, NECHELLS, BIRMINGHAM, B7 5RD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
61,943 
209 
62,152 
Additions
16,999 
- 
16,999 
Disposals
(5,000)
- 
(5,000)
At 31 March 2024
73,942 
209 
74,151 
Depreciation
At 1 April 2023
37,030 
209 
37,239 
Charge for the year
5,537 
- 
5,537 
At 31 March 2024
42,567 
209 
42,776 
Net book value
At 31 March 2024
31,375 
- 
31,375 
At 31 March 2023
24,913 
- 
24,913 
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DEBS DRAINAGE LTD Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,498 
12,422 
Other debtors
2,083 
- 
14,581 
12,422 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
814 
1,017 
Other creditors
974 
1,528 
1,788 
2,545 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
26,419 
16,419 
Loans from directors
50,581 
30,902 
77,000 
47,321 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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