Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-315653The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.Manufacture of water treatment devices2023-11-01falsetruetruefalse 03114221 2023-11-01 2024-10-31 03114221 2022-11-01 2023-10-31 03114221 2024-10-31 03114221 2023-10-31 03114221 2022-11-01 03114221 c:Director4 2023-11-01 2024-10-31 03114221 d:Buildings 2023-11-01 2024-10-31 03114221 d:PlantMachinery 2023-11-01 2024-10-31 03114221 d:PlantMachinery 2024-10-31 03114221 d:PlantMachinery 2023-10-31 03114221 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 03114221 d:MotorVehicles 2023-11-01 2024-10-31 03114221 d:MotorVehicles 2024-10-31 03114221 d:MotorVehicles 2023-10-31 03114221 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 03114221 d:FurnitureFittings 2023-11-01 2024-10-31 03114221 d:FurnitureFittings 2024-10-31 03114221 d:FurnitureFittings 2023-10-31 03114221 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 03114221 d:OfficeEquipment 2023-11-01 2024-10-31 03114221 d:OfficeEquipment 2024-10-31 03114221 d:OfficeEquipment 2023-10-31 03114221 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 03114221 d:OtherPropertyPlantEquipment 2023-11-01 2024-10-31 03114221 d:OtherPropertyPlantEquipment 2024-10-31 03114221 d:OtherPropertyPlantEquipment 2023-10-31 03114221 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 03114221 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 03114221 d:CurrentFinancialInstruments 2024-10-31 03114221 d:CurrentFinancialInstruments 2023-10-31 03114221 d:Non-currentFinancialInstruments 2024-10-31 03114221 d:Non-currentFinancialInstruments 2023-10-31 03114221 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 03114221 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 03114221 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 03114221 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 03114221 d:ShareCapital 2023-11-01 2024-10-31 03114221 d:ShareCapital 2024-10-31 03114221 d:ShareCapital 2022-11-01 2023-10-31 03114221 d:ShareCapital 2023-10-31 03114221 d:ShareCapital 2022-11-01 03114221 d:RetainedEarningsAccumulatedLosses 2023-11-01 2024-10-31 03114221 d:RetainedEarningsAccumulatedLosses 2024-10-31 03114221 d:RetainedEarningsAccumulatedLosses 2022-11-01 2023-10-31 03114221 d:RetainedEarningsAccumulatedLosses 2023-10-31 03114221 d:RetainedEarningsAccumulatedLosses 2022-11-01 03114221 c:OrdinaryShareClass1 2023-11-01 2024-10-31 03114221 c:OrdinaryShareClass1 2024-10-31 03114221 c:OrdinaryShareClass1 2023-10-31 03114221 c:FRS102 2023-11-01 2024-10-31 03114221 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 03114221 c:FullAccounts 2023-11-01 2024-10-31 03114221 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 03114221 d:WithinOneYear 2024-10-31 03114221 d:WithinOneYear 2023-10-31 03114221 2 2023-11-01 2024-10-31 03114221 d:AcceleratedTaxDepreciationDeferredTax 2024-10-31 03114221 d:AcceleratedTaxDepreciationDeferredTax 2023-10-31 03114221 e:PoundSterling 2023-11-01 2024-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 03114221










EUROPEAN WATER CARE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
EUROPEAN WATER CARE LIMITED
REGISTERED NUMBER: 03114221

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
597,169
426,929

Current assets
  

Stocks
 5 
784,376
769,649

Debtors: amounts falling due within one year
 6 
1,812,207
2,108,951

Cash at bank and in hand
  
857,512
692,640

  
3,454,095
3,571,240

Creditors: amounts falling due within one year
 7 
(3,502,022)
(3,916,038)

Net current liabilities
  
 
 
(47,927)
 
 
(344,798)

Total assets less current liabilities
  
549,242
82,131

Creditors: amounts falling due after more than one year
 8 
-
(1,064)

Provisions for liabilities
  

Deferred tax
 9 
(150,292)
(106,490)

Other provisions
  
(184,689)
(184,689)

  
 
 
(334,981)
 
 
(291,179)

Net assets/(liabilities)
  
214,261
(210,112)


Capital and reserves
  

Called up share capital 
 10 
200
200

Profit and loss account
  
214,061
(210,312)

  
214,261
(210,112)


Page 1

 
EUROPEAN WATER CARE LIMITED
REGISTERED NUMBER: 03114221
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
A T Slark
Director

Date: 11 June 2025

The notes on pages 4 to 14 form part of these financial statements.

Page 2

 
EUROPEAN WATER CARE LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 OCTOBER 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 November 2022
200
(594,370)
(594,170)


Comprehensive income for the year

Profit for the year
-
384,058
384,058
Total comprehensive income for the year
-
384,058
384,058



At 1 November 2023
200
(210,312)
(210,112)


Comprehensive income for the year

Profit for the year
-
424,373
424,373
Total comprehensive income for the year
-
424,373
424,373


At 31 October 2024
200
214,061
214,261


The notes on pages 4 to 14 form part of these financial statements.

Page 3

 
EUROPEAN WATER CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

European Watercare Limited is a private company limited by shares incorporated in England and Wales in the United Kingdom. The principal place of business is Regal House, South Road, Harlow, Essex, CM20 2BL. The nature of the company's operations and principal activity of the company during the year was the manufacture and servicing of water treatment devices. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis. The company has net current liabilities of £62,927 at the balance sheet date. The going concern basis is considered by the directors to be appropriate due to the confirmation of willingness and ability of ongoing financial support provided by group companies for at least 12 months from the date of approval of the financial statements. 

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional currency and presentational currency is GBP, rounded to the nearest £1.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and loss account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 4

 
EUROPEAN WATER CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.5

Operating leases: the Company as lessor

Rental income from operating leases is credited to profit or loss on a straight line basis over the lease term.

Amounts paid and payable as an incentive to sign an operating lease are recognised as a reduction to income over the lease term on a straight line basis, unless another systematic basis is representative of the time pattern over which the lessor's benefit from the leased asset is diminished.

The Company has taken advantage of the optional exemption available on transition to FRS 102 which allows lease incentives on leases entered into before the date of transition to the standard 01 November 2020 to continue to be charged over the period to the first market rent review rather than the term of the lease.

Page 5

 
EUROPEAN WATER CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.6

Operating leases: the Company as lessee

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

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.7

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.8

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Profit and loss account in the same period as the related expenditure.

 
2.9

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.10

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.11

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 6

 
EUROPEAN WATER CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.12

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.13

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.14

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 7

 
EUROPEAN WATER CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)


2.14
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line or reducing balance method.

Depreciation is provided on the following basis:

Property improvements
-
2%
Straight line
Plant and machinery
-
25%
Reducing balance
Motor vehicles
-
25%
Reducing balance
Fixtures and fittings
-
25%
Reducing balance
Office equipment
-
25%
Reducing balance
Freehold property improvements
-
25%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.15

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.16

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.17

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.18

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 8

 
EUROPEAN WATER CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.19

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.20

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due within the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Page 9

 
EUROPEAN WATER CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)


2.20
Financial instruments (continued)

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Employees
53
56

Page 10

 
EUROPEAN WATER CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Property improvements
Total

£
£
£
£
£
£



Cost or valuation


At 1 November 2023
623,917
103,079
158,852
217,119
729,777
1,832,744


Additions
313,082
-
6,462
17,607
-
337,151


Disposals
-
(24,207)
-
-
-
(24,207)



At 31 October 2024

936,999
78,872
165,314
234,726
729,777
2,145,688



Depreciation


At 1 November 2023
530,122
80,209
144,828
180,138
470,518
1,405,815


Charge for the year on owned assets
83,519
8,341
9,422
31,040
24,773
157,095


Disposals
-
(14,391)
-
-
-
(14,391)



At 31 October 2024

613,641
74,159
154,250
211,178
495,291
1,548,519



Net book value



At 31 October 2024
323,358
4,713
11,064
23,548
234,486
597,169



At 31 October 2023
93,795
22,870
14,024
36,981
259,259
426,929


5.


Stocks

2024
2023
£
£

Raw materials and consumables
784,376
769,649


Page 11

 
EUROPEAN WATER CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.


Debtors

2024
2023
£
£


Trade debtors
898,582
1,024,020

Amounts owed by group undertakings
910,276
754,056

Other debtors
-
323,160

Prepayments and accrued income
3,349
7,715

1,812,207
2,108,951



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Debenture loans
116,667
186,667

Bank overdrafts
25
-

Trade creditors
234,382
501,348

Amounts owed to group undertakings
2,801,520
2,855,002

Other taxation and social security
165,379
185,519

Obligations under finance lease and hire purchase contracts
-
7,748

Other creditors
184,049
179,754

3,502,022
3,916,038


Net obligations under hire purchase contracts of £NIL (2023: £7,748) are secured on the assets to which they relate.


8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
-
1,064


Net obligations under hire purchase contacts of £NIL (2023: £1,064) are secured on the assets to which they relate.

Page 12

 
EUROPEAN WATER CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

9.


Deferred taxation




2024


£






At beginning of year
(106,490)


Charged to profit or loss
(43,802)



At end of year
(150,292)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(150,292)
(106,490)


10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



200 (2023 - 200) Ordinary shares of £1.00 each
200
200



11.


Pension commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable to the company to the fund and amounted to £45,619 (2023: £36,618). Contributions totalling £8,784 (2023: £6,160) were payable from the fund at the balance sheet date.


12.


Commitments under operating leases

At 31 October 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
-
808

-
808

Page 13

 
EUROPEAN WATER CARE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

13.


Related party transactions

During the year, European Water Care Limited had expenses of £167 (2023: paid expenses on behalf of the LLP totalling £40,285) paid for by Manfreuder Moulding LLP, a Limited Liability Partnership of which the company is a designated member. The profit share received by the company from the LLP amounted to £1 (2023: £1). At the year end the balance due from Manfreuder Moulding LLP was £234,585 (2023: £234,751), after repayments, included in trade debtors.
European Water Care Limited is a designated member of European Spraydry Technologies LLP. At the year-end, European Spraydry Technologies LLP was owed by European Watercare £279 (2023: £279), which is included in amounts owed to group undertakings.
European Water Care Limited is a designated member of European Spraydry LLP. At the year-end, the company owed European Spraydry LLP £1,012 (2023: £1,012), included in amounts owed to group undertakings.
During the year, the Company received net amounts of £76,623 (2023: £132,872) and billed for gross management charges and other expense recharges totalling £228,057 (2023: £140,951) to ESDT Operations Ltd, a company in which C V Free and S J Slark are common directors. At year end, the company was owed £611,402 (2023: £459,967) in respect of these transactions and this amount is included in amounts owed by group undertakings.


14.


Ultimate parent company

The company's ultimate parent company is EWC Group Limited, a company registered in England and Wales. The address of the registered office is 6th Floor, 2 London Wall Place, London, EC2Y 5AU.

 
Page 14