Company Registration No. 14186604 (England and Wales)
Water Source Services Ltd
Unaudited accounts
for the year ended 30 June 2024
Water Source Services Ltd
Unaudited accounts
Contents
Water Source Services Ltd
Company Information
for the year ended 30 June 2024
Directors
Jamie Barker
Marie Kidd-Barker
Company Number
14186604 (England and Wales)
Registered Office
Windlehill Barn
The Heywood
Diss
Norfolk
IP22 5TB
England
Accountants
Turner & Harvey-Rhys Ltd
10 Gaskin Way
Attleborough
Norfolk
NR17 1SU
Water Source Services Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
59,283
33,303
Cash at bank and in hand
20,685
8,788
Creditors: amounts falling due within one year
(57,498)
(42,509)
Net current assets
112,420
71,168
Total assets less current liabilities
171,703
104,471
Creditors: amounts falling due after more than one year
(9,595)
-
Provisions for liabilities
Deferred tax
(16,318)
(6,814)
Called up share capital
102
102
Profit and loss account
145,688
97,555
Shareholders' funds
145,790
97,657
For the year ending 30 June 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 March 2025 and were signed on its behalf by
Marie Kidd-Barker
Director
Company Registration No. 14186604
Water Source Services Ltd
Notes to the Accounts
for the year ended 30 June 2024
Water Source Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 14186604. The registered office is Windlehill Barn, The Heywood, Diss, Norfolk, IP22 5TB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
3 Year Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
12,103
23,000
-
715
35,818
Additions
23,079
12,750
1,550
637
38,016
At 30 June 2024
35,182
35,750
1,550
1,352
73,834
At 1 July 2023
1,389
958
-
168
2,515
Charge for the year
5,417
6,042
223
354
12,036
At 30 June 2024
6,806
7,000
223
522
14,551
At 30 June 2024
28,376
28,750
1,327
830
59,283
At 30 June 2023
10,714
22,042
-
547
33,303
Water Source Services Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
99,280
71,244
Accrued income and prepayments
1,018
-
Other debtors
38,106
25,379
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
5,039
-
Trade creditors
7,407
11,276
Taxes and social security
42,884
29,544
Loans from directors
1,418
876
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
9,595
-
8
Average number of employees
During the year the average number of employees was 4 (2023: 3).