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Company Registration No. 05159286 (England and Wales)
Independent Drainage Limited Unaudited accounts for the year ended 31 October 2023
Independent Drainage Limited Unaudited accounts Contents
Page
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Independent Drainage Limited Company Information for the year ended 31 October 2023
Director
Dameon Brunn
Company Number
05159286 (England and Wales)
Registered Office
Unit 19K Henbury Farm, Dorchester Road Sturminster Marshall Wimborne Dorset BH21 3RN England
Accountants
Autumn Accounts Ltd Broadview Uppington, Hinton Martel Wimborne Dorset BH21 7HA
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Independent Drainage Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
41,812 
Current assets
Debtors
22,033 
27,322 
Cash at bank and in hand
9,835 
61,038 
31,868 
88,360 
Creditors: amounts falling due within one year
(93,284)
(87,395)
Net current (liabilities)/assets
(61,416)
965 
Total assets less current liabilities
(61,416)
42,777 
Provisions for liabilities
Deferred tax
- 
(7,945)
Net (liabilities)/assets
(61,416)
34,832 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(61,516)
34,732 
Shareholders' funds
(61,416)
34,832 
For the year ending 31 October 2023 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 his 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 27 September 2024 and were signed on its behalf by
Dameon Brunn Director Company Registration No. 05159286
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Independent Drainage Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Independent Drainage Limited is a private company, limited by shares, registered in England and Wales, registration number 05159286. The registered office is Unit 19K Henbury Farm, Dorchester Road, Sturminster Marshall, Wimborne, Dorset, BH21 3RN, England.
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
These financial statements for the year ended 31 October 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
3 years straight line
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Independent Drainage Limited Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 November 2022
54,061 
88,049 
8,904 
13,824 
164,838 
Additions
- 
(88,049)
(8,904)
(13,824)
(110,777)
Disposals
(54,061)
- 
- 
- 
(54,061)
At 31 October 2023
- 
- 
- 
- 
- 
Depreciation
At 1 November 2022
45,389 
56,374 
7,439 
13,824 
123,026 
Charge for the year
1,300 
7,918 
220 
- 
9,438 
On disposals
(46,689)
(64,292)
(7,659)
(13,824)
(132,464)
At 31 October 2023
- 
- 
- 
- 
- 
Net book value
At 31 October 2023
- 
- 
- 
- 
- 
At 31 October 2022
8,672 
31,675 
1,465 
- 
41,812 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
17,665 
20,511 
Other debtors
4,368 
6,811 
22,033 
27,322 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
13,391 
15,166 
Taxes and social security
73,363 
49,961 
Other creditors
6,530 
22,268 
93,284 
87,395 
7
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
- 
7,945 
2023 
2022 
£ 
£ 
Provision at start of year
7,945 
7,945 
Credited to the profit and loss account
(7,945)
- 
Provision at end of year
- 
7,945 
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Independent Drainage Limited Notes to the Accounts for the year ended 31 October 2023
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 3 (2022: 4).
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