THE DRAINAGE TEAM LIMITED

Company Registration Number:
06698905 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

THE DRAINAGE TEAM LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

THE DRAINAGE TEAM LIMITED

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 80,081 60,513
Total fixed assets: 80,081 60,513
Current assets
Debtors:   39,539 10,008
Cash at bank and in hand: 120,243 216,340
Total current assets: 159,782 226,348
Creditors: amounts falling due within one year:   (69,139) (69,125)
Net current assets (liabilities): 90,643 157,223
Total assets less current liabilities: 170,724 217,736
Creditors: amounts falling due after more than one year:   (78,610) (75,129)
Total net assets (liabilities): 92,114 142,607
Capital and reserves
Called up share capital: 100 100
Other reserves: 113,627 142,507
Profit and loss account: (21,613)
Shareholders funds: 92,114 142,607

The notes form part of these financial statements

THE DRAINAGE TEAM LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 October 2024
and signed on behalf of the board by:

Name: James Bailey
Status: Director

The notes form part of these financial statements

THE DRAINAGE TEAM LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE DRAINAGE TEAM LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 9 7

THE DRAINAGE TEAM LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 61,983
Additions 55,250
Disposals (19,398)
At 30 September 2024 97,835
Depreciation
At 01 October 2023 1,470
Charge for year 16,284
At 30 September 2024 17,754
Net book value
At 30 September 2024 80,081
At 30 September 2023 60,513