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REGISTERED NUMBER: 05037619 (England and Wales)















Land Drainage Services Limited

Unaudited Financial Statements for the Year Ended 30 April 2024






Land Drainage Services Limited (Registered number: 05037619)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Abridged Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


Land Drainage Services Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: N R Whitehead





REGISTERED OFFICE: Taymar
Hall Lane
Stickney
Boston
Lincolnshire
PE22 8BA





REGISTERED NUMBER: 05037619 (England and Wales)





ACCOUNTANTS: Salway and Wright
22 Church Street
Holbeach
Lincolnshire
PE12 7LL

Land Drainage Services Limited (Registered number: 05037619)

Abridged Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 52,607 19,253

CURRENT ASSETS
Debtors 23,564 36,347
Cash at bank 144,019 99,421
167,583 135,768
CREDITORS
Amounts falling due within one year 22,475 14,132
NET CURRENT ASSETS 145,108 121,636
TOTAL ASSETS LESS CURRENT
LIABILITIES

197,715

140,889

CREDITORS
Amounts falling due after more than one
year

(28,684

)

-

PROVISIONS FOR LIABILITIES (9,500 ) (3,000 )
NET ASSETS 159,531 137,889

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 159,431 137,789
SHAREHOLDERS' FUNDS 159,531 137,889

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Land Drainage Services Limited (Registered number: 05037619)

Abridged Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 October 2024 and were signed by:





N R Whitehead - Director


Land Drainage Services Limited (Registered number: 05037619)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Land Drainage Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 15% on reducing balance
Plant and machinery - 15% on reducing balance
Office equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Land Drainage Services Limited (Registered number: 05037619)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 66,532
Additions 55,540
Disposals (36,173 )
At 30 April 2024 85,899
DEPRECIATION
At 1 May 2023 47,279
Charge for year 15,748
Eliminated on disposal (29,735 )
At 30 April 2024 33,292
NET BOOK VALUE
At 30 April 2024 52,607
At 30 April 2023 19,253