Company Registration No. SC482940 (Scotland)
On Tap Water And Drainage Limited
Unaudited accounts
for the year ended 31 July 2024
On Tap Water And Drainage Limited
Unaudited accounts
Contents
On Tap Water And Drainage Limited
Company Information
for the year ended 31 July 2024
Company Number
SC482940 (Scotland)
Registered Office
The Old House
Dundee Road
Perth
PH2 7JT
Accountants
Tranquillity Tax
12 Peasehill Brae
Rosyth
Dunfermline
KY11 2AP
On Tap Water And Drainage Limited
Statement of financial position
as at 31 July 2024
Tangible assets
57,921
63,068
Cash at bank and in hand
51,195
39,049
Creditors: amounts falling due within one year
(6,632)
(4,820)
Net current assets
47,416
34,229
Called up share capital
1
1
Profit and loss account
105,336
97,296
Shareholders' funds
105,337
97,297
For the year ending 31 July 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 director acknowledges her 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 and authorised for issue on 26 August 2024 and were signed on its behalf by
Mrs Julie Pryde
Director
Company Registration No. SC482940
On Tap Water And Drainage Limited
Notes to the Accounts
for the year ended 31 July 2024
On Tap Water And Drainage Limited is a private company, limited by shares, registered in Scotland, registration number SC482940. The registered office is The Old House, Dundee Road, Perth, PH2 7JT.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 August 2023
12,882
178,059
190,941
At 31 July 2024
12,882
184,171
197,053
At 1 August 2023
-
127,873
127,873
Charge for the year
-
11,259
11,259
At 31 July 2024
-
139,132
139,132
At 31 July 2024
12,882
45,039
57,921
At 31 July 2023
12,882
50,186
63,068
Amounts falling due within one year
On Tap Water And Drainage Limited
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,632
4,820
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).