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REGISTERED NUMBER: 09136477 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

A R P DRAINAGE LIMITED

A R P DRAINAGE LIMITED (REGISTERED NUMBER: 09136477)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A R P DRAINAGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: Mr A R Pegg





REGISTERED OFFICE: Unit D1, Castle Vale Enterprise Park
Park Lane
Castle Vale
Birmingham
B35 6LJ





REGISTERED NUMBER: 09136477 (England and Wales)





ACCOUNTANTS: Brookes Stephens
New Media House
Davidson Road
Lichfield
Staffordshire
WS14 9DZ

A R P DRAINAGE LIMITED (REGISTERED NUMBER: 09136477)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 376,197 361,471
376,197 361,471

Current assets
Stocks 2,000 2,500
Debtors 6 248,237 221,130
Cash at bank and in hand 148,376 207,421
398,613 431,051
Creditors
Amounts falling due within one year 7 247,636 242,699
Net current assets 150,977 188,352
Total assets less current liabilities 527,174 549,823

Creditors
Amounts falling due after more than one
year

8

(160,689

)

(147,027

)

Provisions for liabilities (48,250 ) (74,376 )
Net assets 318,235 328,420

Capital and reserves
Called up share capital 11 100 100
Retained earnings 318,135 328,320
Shareholders' funds 318,235 328,420

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

A R P DRAINAGE LIMITED (REGISTERED NUMBER: 09136477)

BALANCE SHEET - continued
31 JULY 2024


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 24 June 2025 and were signed by:





Mr A R Pegg - Director


A R P DRAINAGE LIMITED (REGISTERED NUMBER: 09136477)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

A R P Drainage 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance

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.


A R P DRAINAGE LIMITED (REGISTERED NUMBER: 09136477)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 14 (2023 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 177,455
AMORTISATION
At 1 August 2023
and 31 July 2024 177,455
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

A R P DRAINAGE LIMITED (REGISTERED NUMBER: 09136477)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 814,113
Additions 189,765
Disposals (77,018 )
At 31 July 2024 926,860
DEPRECIATION
At 1 August 2023 452,642
Charge for year 142,547
Eliminated on disposal (44,526 )
At 31 July 2024 550,663
NET BOOK VALUE
At 31 July 2024 376,197
At 31 July 2023 361,471

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 August 2023 514,394
Additions 165,999
Disposals (77,018 )
At 31 July 2024 603,375
DEPRECIATION
At 1 August 2023 267,928
Charge for year 107,854
Eliminated on disposal (44,526 )
At 31 July 2024 331,256
NET BOOK VALUE
At 31 July 2024 272,119
At 31 July 2023 246,466

A R P DRAINAGE LIMITED (REGISTERED NUMBER: 09136477)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 189,418 179,970
Other debtors 58,819 41,160
248,237 221,130

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,360 10,177
Hire purchase contracts (see note 9) 76,432 90,217
Trade creditors 39,436 51,337
Taxation and social security 118,619 83,550
Other creditors 2,789 7,418
247,636 242,699

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 10,547 20,907
Hire purchase contracts (see note 9) 150,142 126,120
160,689 147,027

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 76,432 90,217
Between one and five years 150,142 126,120
226,574 216,337

Non-cancellable operating leases
2024 2023
£    £   
Within one year 11,600 13,920
Between one and five years - 17,400
11,600 31,320

A R P DRAINAGE LIMITED (REGISTERED NUMBER: 09136477)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 226,574 216,337

The hire purchase liabilities are secured against the assets to which they relate.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

12. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
Mr A R Pegg
Balance outstanding at start of year 19,544 -
Amounts advanced 69,506 19,544
Amounts repaid (61,226 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 27,824 19,544

13. RELATED PARTY DISCLOSURES

During the year, total dividends of £59,226 (2023 - £24,000) were paid to the director .

At the year end, the director owed £27,823 to the company (2023 £19,544). Interest of 2.25% per annum is charged on any overdrawn balance, the loan is repayable on demand.