Safewater Legionella Control Limited 11757061 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is is that of water collection, treatment and supply Digita Accounts Production Advanced 6.30.9574.0 true true 11757061 2023-02-01 2024-01-31 11757061 2024-01-31 11757061 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-01-31 11757061 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-01-31 11757061 core:CurrentFinancialInstruments 2024-01-31 11757061 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 11757061 core:Non-currentFinancialInstruments 2024-01-31 11757061 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 11757061 core:FurnitureFittings 2024-01-31 11757061 core:MotorVehicles 2024-01-31 11757061 bus:SmallEntities 2023-02-01 2024-01-31 11757061 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11757061 bus:FilletedAccounts 2023-02-01 2024-01-31 11757061 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11757061 bus:RegisteredOffice 2023-02-01 2024-01-31 11757061 bus:Director1 2023-02-01 2024-01-31 11757061 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11757061 core:ComputerEquipment 2023-02-01 2024-01-31 11757061 core:FurnitureFittings 2023-02-01 2024-01-31 11757061 core:MotorVehicles 2023-02-01 2024-01-31 11757061 core:OfficeEquipment 2023-02-01 2024-01-31 11757061 countries:EnglandWales 2023-02-01 2024-01-31 11757061 2023-01-31 11757061 core:FurnitureFittings 2023-01-31 11757061 core:MotorVehicles 2023-01-31 11757061 2022-02-01 2023-01-31 11757061 2023-01-31 11757061 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-01-31 11757061 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2023-01-31 11757061 core:CurrentFinancialInstruments 2023-01-31 11757061 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 11757061 core:Non-currentFinancialInstruments 2023-01-31 11757061 core:Non-currentFinancialInstruments core:AfterOneYear 2023-01-31 11757061 core:FurnitureFittings 2023-01-31 11757061 core:MotorVehicles 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 11757061

Safewater Legionella Control Limited
Annual Report and
Unaudited Financial Statements

31 January 2024

 

Safewater Legionella Control Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 9

 

Safewater Legionella Control Limited

Balance Sheet
31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

33,568

50,715

Current assets

 

Debtors

5

78,919

77,972

Cash at bank and in hand

 

44,117

48,406

 

123,036

126,378

Creditors: Amounts falling due within one year

6

(84,933)

(68,113)

Net current assets

 

38,103

58,265

Total assets less current liabilities

 

71,671

108,980

Creditors: Amounts falling due after more than one year

6

(31,299)

(45,608)

Net assets

 

40,372

63,372

Capital and reserves

 

Called up share capital

100

100

Retained earnings

40,272

63,272

Shareholders' funds

 

40,372

63,372

 

Safewater Legionella Control Limited

Balance Sheet
31 January 2024

For the financial year ending 31 January 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 October 2024 and signed on its behalf by:
 

.........................................
Mr A J Casey
Director

Company Registration Number: 11757061

 

Safewater Legionella Control Limited

Notes to the Unaudited Financial Statements
Year Ended 31 January 2024

1

General information

The Company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
53 York Street
Heywood
Greater Manchester
OL10 4NR

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

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 sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue 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.

Government grants

Government grants in respect of capital expenditure are credited to a deferred income account and are released to profit over the expected useful lives of the relevant assets by equal annual instalments. Grants of a revenue nature are credited to income so as to match them with the expenditure to which they relate.

 

Safewater Legionella Control Limited

Notes to the Unaudited Financial Statements
Year Ended 31 January 2024

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

25% Straight line

Office equipment

25% Straight line

Computer equipment

33% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

 

Safewater Legionella Control Limited

Notes to the Unaudited Financial Statements
Year Ended 31 January 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Safewater Legionella Control Limited

Notes to the Unaudited Financial Statements
Year Ended 31 January 2024

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 8 (2023 - 7).

 

Safewater Legionella Control Limited

Notes to the Unaudited Financial Statements
Year Ended 31 January 2024

4

Tangible assets

Fixtures and fittings
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 February 2023

4,063

66,170

70,233

Additions

626

-

626

At 31 January 2024

4,689

66,170

70,859

Depreciation

At 1 February 2023

1,813

17,705

19,518

Charge for the year

1,230

16,543

17,773

At 31 January 2024

3,043

34,248

37,291

Carrying amount

At 31 January 2024

1,646

31,922

33,568

At 31 January 2023

2,250

48,465

50,715

5

Debtors

Current

2024
£

2023
£

Trade debtors

78,606

76,703

Prepayments

313

1,269

 

78,919

77,972

 

Safewater Legionella Control Limited

Notes to the Unaudited Financial Statements
Year Ended 31 January 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

14,309

14,174

Trade creditors

 

438

-

Taxation and social security

 

49,990

48,887

Accruals and deferred income

 

360

540

Other creditors

 

19,836

4,512

 

84,933

68,113

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

7

31,299

45,608

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

12,339

17,814

Hire purchase contracts

18,960

27,794

31,299

45,608

Current loans and borrowings

2024
£

2023
£

Bank borrowings

5,474

5,339

Hire purchase contracts

8,835

8,835

14,309

14,174

 

Safewater Legionella Control Limited

Notes to the Unaudited Financial Statements
Year Ended 31 January 2024

8

Related party transactions

Directors' remuneration

The directors are remunerated by the company. The directors consider that their remuneration meets the criteria of being under normal market conditions.
The directors who are also shareholders receive dividends as part of this remuneration package.