Silverfin false false 31/03/2024 01/04/2023 31/03/2024 Mr C J Blunt 31/03/2014 Mr R C Osborne 27/02/2020 Mrs R J Osborne 31/03/2014 Mr V E Sidford 07/06/2000 06 November 2024 The principal activity of the company is management of a private water supply system. 03938029 2024-03-31 03938029 bus:Director1 2024-03-31 03938029 bus:Director2 2024-03-31 03938029 bus:Director3 2024-03-31 03938029 bus:Director4 2024-03-31 03938029 2023-03-31 03938029 core:CurrentFinancialInstruments 2024-03-31 03938029 core:CurrentFinancialInstruments 2023-03-31 03938029 core:ShareCapital 2024-03-31 03938029 core:ShareCapital 2023-03-31 03938029 core:RetainedEarningsAccumulatedLosses 2024-03-31 03938029 core:RetainedEarningsAccumulatedLosses 2023-03-31 03938029 core:LandBuildings 2023-03-31 03938029 core:PlantMachinery 2023-03-31 03938029 core:OtherPropertyPlantEquipment 2023-03-31 03938029 core:LandBuildings 2024-03-31 03938029 core:PlantMachinery 2024-03-31 03938029 core:OtherPropertyPlantEquipment 2024-03-31 03938029 bus:OrdinaryShareClass1 2024-03-31 03938029 2023-04-01 2024-03-31 03938029 bus:FilletedAccounts 2023-04-01 2024-03-31 03938029 bus:SmallEntities 2023-04-01 2024-03-31 03938029 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 03938029 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03938029 bus:Director1 2023-04-01 2024-03-31 03938029 bus:Director2 2023-04-01 2024-03-31 03938029 bus:Director3 2023-04-01 2024-03-31 03938029 bus:Director4 2023-04-01 2024-03-31 03938029 core:PlantMachinery 2023-04-01 2024-03-31 03938029 core:OtherPropertyPlantEquipment core:TopRangeValue 2023-04-01 2024-03-31 03938029 2022-04-01 2023-03-31 03938029 core:LandBuildings 2023-04-01 2024-03-31 03938029 core:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 03938029 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 03938029 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 03938029 (England and Wales)

TYTHERINGTON WATER COMPANY LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

TYTHERINGTON WATER COMPANY LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

TYTHERINGTON WATER COMPANY LIMITED

BALANCE SHEET

As at 31 March 2024
TYTHERINGTON WATER COMPANY LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 9,991 12,102
9,991 12,102
Current assets
Debtors 4 4,034 4,421
Cash at bank and in hand 5 49,334 39,579
53,368 44,000
Creditors: amounts falling due within one year 6 ( 5,669) ( 4,135)
Net current assets 47,699 39,865
Total assets less current liabilities 57,690 51,967
Provision for liabilities 7 ( 1,608) ( 2,009)
Net assets 56,082 49,958
Capital and reserves
Called-up share capital 8 2 2
Profit and loss account 56,080 49,956
Total shareholders' funds 56,082 49,958

For the financial 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.

Directors' responsibilities:

The financial statements of Tytherington Water Company Limited (registered number: 03938029) were approved and authorised for issue by the Board of Directors on 06 November 2024. They were signed on its behalf by:

Mr R C Osborne
Director
TYTHERINGTON WATER COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
TYTHERINGTON WATER COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Tytherington Water Company Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Hitchcock House Hilltop Park, Devizes Road, Salisbury, SP3 4UF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of receive can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings not depreciated
Plant and machinery 20 % reducing balance
Other property, plant and equipment 10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Classification
The company holds the following financial instruments:
• Short term trade and other debtors and creditors; and
• Cash and bank balances.
All financial instruments are classified as basic.

Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.
Financial instruments are recognised when the company becomes party to the contractual provisions
of the instrument and derecognised when in the case of assets, the contractual rights to cash flows
from the assets expire or substantially all the risks and rewards of ownership are transferred to
another party, or in the case of liabilities, when the company’s obligations are discharged, expire or
are cancelled.
Such instruments are initially measured at transaction price, including transaction costs, and are
subsequently carried at the undiscounted amount of the cash or other consideration expected to be
paid or received, after taking account of impairment adjustments.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 1 1

3. Tangible assets

Land and buildings Plant and machinery Other property, plant
and equipment
Total
£ £ £ £
Cost
At 01 April 2023 1,531 28,583 14,198 44,312
At 31 March 2024 1,531 28,583 14,198 44,312
Accumulated depreciation
At 01 April 2023 0 25,130 7,080 32,210
Charge for the financial year 0 692 1,419 2,111
At 31 March 2024 0 25,822 8,499 34,321
Net book value
At 31 March 2024 1,531 2,761 5,699 9,991
At 31 March 2023 1,531 3,453 7,118 12,102

4. Debtors

2024 2023
£ £
Trade debtors 0 656
Other debtors 4,034 3,765
4,034 4,421

5. Cash and cash equivalents

2024 2023
£ £
Cash at bank and in hand 49,334 39,579

6. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 2,009 0
Taxation and social security 1,837 2,376
Other creditors 1,823 1,759
5,669 4,135

7. Provision for liabilities

2024 2023
£ £
Deferred tax 1,608 2,009

8. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2 2