Registration number:
Water Damage Ltd
for the Year Ended 31 October 2024
Water Damage Ltd
Contents
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Company Information |
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Statement of Director's Responsibilities |
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Accountants' Report |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Water Damage Ltd
Company Information
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Director |
Ms Jihee Seo |
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Registered office |
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Accountants |
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Water Damage Ltd
Statement of Director's Responsibilities
The director acknowledges her responsibilities for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless she is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:
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select suitable accounting policies and apply them consistently; |
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make judgements and accounting estimates that are reasonable and prudent; |
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable her to ensure that the financial statements comply with the Companies Act 2006 and are in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime. She is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Water Damage Ltd
for the Year Ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Water Damage Ltd for the year ended 31 October 2024 as set out on pages 4 to 5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants (CIMA), we are subject to its ethical and other professional requirements which are detailed at www.cimaglobal.com.
This report is made solely to the Board of Directors of Water Damage Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Water Damage Ltd and state those matters that we have agreed to state to the Board of Directors of Water Damage Ltd, as a body. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Water Damage Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Water Damage Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Water Damage Ltd. You consider that Water Damage Ltd 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 accounts of Water Damage Ltd. 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 accounts.
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Bessemer Drive
Stevenage
Herts
SG1 2DX
Water Damage Ltd
(Registration number: 12273139)
Balance Sheet as at 31 October 2024
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2024 |
2023 |
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Fixed assets |
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Current assets |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Accruals and deferred income |
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Capital and reserves |
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General information |
The company is a private company limited by share capital, incorporated in United Kingdom.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
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Related party transactions |
During the year the company repaid £111,432 to its associated company. As at 31st October 2024 the sum of £867,672 (2023- £979,104) was owed to a company controlled by the director. The Loan was interest free and repayable on demand.
For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
Water Damage Ltd
(Registration number: 12273139)
Balance Sheet as at 31 October 2024
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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