Company Registration No. 05308714 (England and Wales)
Watercare Utilities Limited
Unaudited accounts
for the year ended 31 March 2025
Watercare Utilities Limited
Unaudited accounts
Contents
Watercare Utilities Limited
Company Information
for the year ended 31 March 2025
Company Number
05308714 (England and Wales)
Registered Office
Affricks Lodge Unit 1
Watchet Lane Little Kingshill
Great Missenden
Buckinghamshire
HP16 0DR
England
Accountants
Blue Cube Accountants Limited
7 High Street
Windsor
SL4 1LD
Watercare Utilities Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,088,662
1,038,946
Debtors
1,577,748
1,551,785
Cash at bank and in hand
77,874
231,860
Creditors: amounts falling due within one year
(87,591)
(274,419)
Net current assets
1,568,031
1,509,226
Total assets less current liabilities
2,656,693
2,548,172
Provisions for liabilities
Deferred tax
(25,762)
(11,593)
Net assets
2,630,931
2,536,579
Called up share capital
1,000
1,000
Profit and loss account
2,629,931
2,535,579
Shareholders' funds
2,630,931
2,536,579
For the year ending 31 March 2025 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 director acknowledges his 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 and authorised for issue on 17 July 2025 and were signed on its behalf by
Robert Skyrme
Director
Company Registration No. 05308714
Watercare Utilities Limited
Notes to the Accounts
for the year ended 31 March 2025
Watercare Utilities Limited is a private company, limited by shares, registered in England and Wales, registration number 05308714. The registered office is Affricks Lodge Unit 1, Watchet Lane Little Kingshill, Great Missenden, Buckinghamshire, HP16 0DR, England.
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Land & buildings
No depreciation provided
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
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 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.
Watercare Utilities Limited
Notes to the Accounts
for the year ended 31 March 2025
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charge to the profit & loss account in the period to which they relate.
Expenditure on research and development is written off in the year in which it is incurred.
3
Intangible fixed assets
Goodwill
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
974,804
345,768
147,233
11,826
1,479,631
Additions
-
8,800
80,355
-
89,155
Disposals
-
-
(95,749)
-
(95,749)
At 31 March 2025
974,804
354,568
131,839
11,826
1,473,037
At 1 April 2024
-
304,110
125,396
11,179
440,685
Charge for the year
-
12,365
13,068
161
25,594
On disposals
-
-
(81,904)
-
(81,904)
At 31 March 2025
-
316,475
56,560
11,340
384,375
At 31 March 2025
974,804
38,093
75,279
486
1,088,662
At 31 March 2024
974,804
41,658
21,837
647
1,038,946
Amounts falling due within one year
Trade debtors
155,001
250,521
Accrued income and prepayments
461,106
249,250
Other debtors
961,641
1,052,014
Watercare Utilities Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
67,671
54,932
Taxes and social security
17,945
168,279
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to Director
799,355
338,427
448,800
688,982
799,355
338,427
448,800
688,982
The loan to the director is fully repayable on demand and interest has been charged at 2.25%.
9
Average number of employees
During the year the average number of employees was 4 (2024: 4).