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REGISTERED NUMBER: 08834805 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Water Process Solutions Limited

Water Process Solutions Limited (Registered number: 08834805)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Water Process Solutions Limited

Company Information
for the year ended 30 June 2024







DIRECTOR: C B Dean





SECRETARY: K Jeeves





REGISTERED OFFICE: Unit 10
Mill Hall Business Estate
Mill Hall
Aylesford
Kent
ME20 7JZ





REGISTERED NUMBER: 08834805 (England and Wales)





ACCOUNTANTS: Libra Wealth Management Limited
Suite 5, 10 Churchill Square
West Malling
Kent
ME19 4YU

Water Process Solutions Limited (Registered number: 08834805)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 325
Tangible assets 5 10,842 27,964
10,842 28,289

CURRENT ASSETS
Stocks 142,268 238,471
Debtors 6 285,268 322,770
Cash at bank 256,177 209,862
683,713 771,103
CREDITORS
Amounts falling due within one year 7 407,641 433,052
NET CURRENT ASSETS 276,072 338,051
TOTAL ASSETS LESS CURRENT
LIABILITIES

286,914

366,340

CREDITORS
Amounts falling due after more than
one year

8

-

(1,201

)

PROVISIONS FOR LIABILITIES (2,060 ) (5,313 )
NET ASSETS 284,854 359,826

Water Process Solutions Limited (Registered number: 08834805)

Balance Sheet - continued
30 June 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 750 750
Retained earnings 284,104 359,076
SHAREHOLDERS' FUNDS 284,854 359,826

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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

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 21 October 2024 and were signed by:





C B Dean - Director


Water Process Solutions Limited (Registered number: 08834805)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Water Process Solutions 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - at varying rates on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Water Process Solutions Limited (Registered number: 08834805)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

2. ACCOUNTING POLICIES - continued
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 12 (2023 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 July 2023
and 30 June 2024 5,200
AMORTISATION
At 1 July 2023 4,875
Charge for year 325
At 30 June 2024 5,200
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 325

Water Process Solutions Limited (Registered number: 08834805)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 109,670
Additions 5,042
Disposals (52,890 )
At 30 June 2024 61,822
DEPRECIATION
At 1 July 2023 81,706
Charge for year 5,027
Eliminated on disposal (35,753 )
At 30 June 2024 50,980
NET BOOK VALUE
At 30 June 2024 10,842
At 30 June 2023 27,964

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 271,881 285,480
Other debtors 13,387 37,290
285,268 322,770

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 317,884 260,014
Taxation and social security 86,229 65,539
Other creditors 3,528 107,499
407,641 433,052

Water Process Solutions Limited (Registered number: 08834805)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors - 1,201

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Water Process Solutions Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Water Process Solutions Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Water Process Solutions Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Water Process Solutions Limited and state those matters that we have agreed to state to the director of Water Process Solutions Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Water Process Solutions Limited and its director for our work or for this report.

It is your duty to ensure that Water Process Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Water Process Solutions Limited. You consider that Water Process Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Water Process Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Libra Wealth Management Limited
Suite 5, 10 Churchill Square
West Malling
Kent
ME19 4YU

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Water Process Solutions Limited



21 October 2024