2024-01-012024-12-312024-12-31false05623756Managed Water Services Limited2025-07-3071200falseiso4217:GBPxbrli:pure056237562023-12-31056237562024-12-31056237562024-01-012024-12-31056237562022-12-31056237562023-12-31056237562023-01-012023-12-3105623756bus:SmallEntities2024-01-012024-12-3105623756bus:AuditExempt-NoAccountantsReport2024-01-012024-12-3105623756bus:FullAccounts2024-01-012024-12-3105623756bus:PrivateLimitedCompanyLtd2024-01-012024-12-3105623756core:WithinOneYear2024-12-3105623756core:AfterOneYear2024-12-3105623756core:WithinOneYear2023-12-3105623756core:AfterOneYear2023-12-3105623756core:ShareCapital2024-12-3105623756core:SharePremium2024-12-3105623756core:RevaluationReserve2024-12-3105623756core:OtherReservesSubtotal2024-12-3105623756core:RetainedEarningsAccumulatedLosses2024-12-3105623756core:ShareCapital2023-12-3105623756core:SharePremium2023-12-3105623756core:RevaluationReserve2023-12-3105623756core:OtherReservesSubtotal2023-12-3105623756core:RetainedEarningsAccumulatedLosses2023-12-3105623756core:LandBuildings2024-12-3105623756core:PlantMachinery2024-12-3105623756core:Vehicles2024-12-3105623756core:FurnitureFittings2024-12-3105623756core:OfficeEquipment2024-12-3105623756core:NetGoodwill2024-12-3105623756core:IntangibleAssetsOtherThanGoodwill2024-12-3105623756core:ListedExchangeTraded2024-12-3105623756core:UnlistedNon-exchangeTraded2024-12-3105623756core:LandBuildings2023-12-3105623756core:PlantMachinery2023-12-3105623756core:Vehicles2023-12-3105623756core:FurnitureFittings2023-12-3105623756core:OfficeEquipment2023-12-3105623756core:NetGoodwill2023-12-3105623756core:IntangibleAssetsOtherThanGoodwill2023-12-3105623756core:ListedExchangeTraded2023-12-3105623756core:UnlistedNon-exchangeTraded2023-12-3105623756core:LandBuildings2024-01-012024-12-3105623756core:PlantMachinery2024-01-012024-12-3105623756core:Vehicles2024-01-012024-12-3105623756core:FurnitureFittings2024-01-012024-12-3105623756core:OfficeEquipment2024-01-012024-12-3105623756core:NetGoodwill2024-01-012024-12-3105623756core:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3105623756core:ListedExchangeTraded2024-01-012024-12-3105623756core:UnlistedNon-exchangeTraded2024-01-012024-12-3105623756core:MoreThanFiveYears2024-01-012024-12-3105623756core:Non-currentFinancialInstruments2024-12-3105623756core:Non-currentFinancialInstruments2023-12-3105623756dpl:CostSales2024-01-012024-12-3105623756dpl:DistributionCosts2024-01-012024-12-3105623756core:LandBuildings2024-01-012024-12-3105623756core:PlantMachinery2024-01-012024-12-3105623756core:Vehicles2024-01-012024-12-3105623756core:FurnitureFittings2024-01-012024-12-3105623756core:OfficeEquipment2024-01-012024-12-3105623756dpl:AdministrativeExpenses2024-01-012024-12-3105623756core:NetGoodwill2024-01-012024-12-3105623756core:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3105623756dpl:GroupUndertakings2024-01-012024-12-3105623756dpl:ParticipatingInterests2024-01-012024-12-3105623756dpl:GroupUndertakingscore:ListedExchangeTraded2024-01-012024-12-3105623756core:ListedExchangeTraded2024-01-012024-12-3105623756dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2024-01-012024-12-3105623756core:UnlistedNon-exchangeTraded2024-01-012024-12-3105623756dpl:CostSales2023-01-012023-12-3105623756dpl:DistributionCosts2023-01-012023-12-3105623756core:LandBuildings2023-01-012023-12-3105623756core:PlantMachinery2023-01-012023-12-3105623756core:Vehicles2023-01-012023-12-3105623756core:FurnitureFittings2023-01-012023-12-3105623756core:OfficeEquipment2023-01-012023-12-3105623756dpl:AdministrativeExpenses2023-01-012023-12-3105623756core:NetGoodwill2023-01-012023-12-3105623756core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3105623756dpl:GroupUndertakings2023-01-012023-12-3105623756dpl:ParticipatingInterests2023-01-012023-12-3105623756dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3105623756core:ListedExchangeTraded2023-01-012023-12-3105623756dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3105623756core:UnlistedNon-exchangeTraded2023-01-012023-12-3105623756core:NetGoodwill2024-12-3105623756core:IntangibleAssetsOtherThanGoodwill2024-12-3105623756core:LandBuildings2024-12-3105623756core:PlantMachinery2024-12-3105623756core:Vehicles2024-12-3105623756core:FurnitureFittings2024-12-3105623756core:OfficeEquipment2024-12-3105623756core:AfterOneYear2024-12-3105623756core:WithinOneYear2024-12-3105623756core:ListedExchangeTraded2024-12-3105623756core:UnlistedNon-exchangeTraded2024-12-3105623756core:ShareCapital2024-12-3105623756core:SharePremium2024-12-3105623756core:RevaluationReserve2024-12-3105623756core:OtherReservesSubtotal2024-12-3105623756core:RetainedEarningsAccumulatedLosses2024-12-3105623756core:NetGoodwill2023-12-3105623756core:IntangibleAssetsOtherThanGoodwill2023-12-3105623756core:LandBuildings2023-12-3105623756core:PlantMachinery2023-12-3105623756core:Vehicles2023-12-3105623756core:FurnitureFittings2023-12-3105623756core:OfficeEquipment2023-12-3105623756core:AfterOneYear2023-12-3105623756core:WithinOneYear2023-12-3105623756core:ListedExchangeTraded2023-12-3105623756core:UnlistedNon-exchangeTraded2023-12-3105623756core:ShareCapital2023-12-3105623756core:SharePremium2023-12-3105623756core:RevaluationReserve2023-12-3105623756core:OtherReservesSubtotal2023-12-3105623756core:RetainedEarningsAccumulatedLosses2023-12-3105623756core:NetGoodwill2022-12-3105623756core:IntangibleAssetsOtherThanGoodwill2022-12-3105623756core:LandBuildings2022-12-3105623756core:PlantMachinery2022-12-3105623756core:Vehicles2022-12-3105623756core:FurnitureFittings2022-12-3105623756core:OfficeEquipment2022-12-3105623756core:AfterOneYear2022-12-3105623756core:WithinOneYear2022-12-3105623756core:ListedExchangeTraded2022-12-3105623756core:UnlistedNon-exchangeTraded2022-12-3105623756core:ShareCapital2022-12-3105623756core:SharePremium2022-12-3105623756core:RevaluationReserve2022-12-3105623756core:OtherReservesSubtotal2022-12-3105623756core:RetainedEarningsAccumulatedLosses2022-12-3105623756core:AfterOneYear2024-01-012024-12-3105623756core:WithinOneYear2024-01-012024-12-3105623756core:Non-currentFinancialInstrumentscore:CostValuation2024-01-012024-12-3105623756core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-01-012024-12-3105623756core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-01-012024-12-3105623756core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-01-012024-12-3105623756core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-01-012024-12-3105623756core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-01-012024-12-3105623756core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-01-012024-12-3105623756core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-01-012024-12-3105623756core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-01-012024-12-3105623756core:Non-currentFinancialInstrumentscore:CostValuation2024-12-3105623756core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-12-3105623756core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-12-3105623756core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-12-3105623756core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-12-3105623756core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-12-3105623756core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-12-3105623756core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-12-3105623756core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-12-3105623756core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3105623756core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3105623756core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3105623756core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3105623756core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3105623756core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3105623756core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3105623756core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3105623756core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3105623756bus:Director12024-01-012024-12-3105623756bus:Director22024-01-012024-12-3105623756bus:Director32024-01-012024-12-3105623756core:FurnitureFittingsToolsEquipment2023-12-3105623756core:FurnitureFittingsToolsEquipment2024-01-012024-12-3105623756core:FurnitureFittingsToolsEquipment2024-12-31056237561bus:Director12023-12-31056237561bus:Director12024-01-012024-12-31056237561bus:Director12024-12-31056237562bus:Director22023-12-31056237562bus:Director22024-01-012024-12-31056237562bus:Director22024-12-31056237563bus:Director32023-12-31056237563bus:Director32024-01-012024-12-31056237563bus:Director32024-12-31056237562023-12-31056237562024-01-012024-12-31056237562024-12-31

Managed Water Services Limited

Registered Number
05623756
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2024

Managed Water Services Limited
Company Information
for the year from 1 January 2024 to 31 December 2024

Directors

Mr K Smith
Mr B M Szyczak
Mr M J Holdstock

Registered Address

1st Floor, 11 Freeport Office Village
Century Drive
Braintree
CM77 8YG

Registered Number

05623756 (England and Wales)
Managed Water Services Limited
Balance Sheet as at
31 December 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets318,49814,598
18,49814,598
Current assets
Stocks414,00012,000
Debtors5516,486556,505
Cash at bank and on hand137,17070,662
667,656639,167
Creditors amounts falling due within one year6(316,749)(317,506)
Net current assets (liabilities)350,907321,661
Total assets less current liabilities369,405336,259
Creditors amounts falling due after one year7(13,637)(40,910)
Provisions for liabilities8(4,625)(3,650)
Net assets351,143291,699
Capital and reserves
Called up share capital150150
Profit and loss account350,993291,549
Shareholders' funds351,143291,699
The financial statements were approved and authorised for issue by the Board of Directors on 30 July 2025, and are signed on its behalf by:
Mr K Smith
Director
Registered Company No. 05623756
Managed Water Services Limited
Notes to the Financial Statements
for the year ended 31 December 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognized when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognized by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Land and buildings25-
Plant and machinery25-
Fixtures and fittings25-
Vehicles25-
Office Equipment-3
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year2221
3.Tangible fixed assets

Land & buildings

Plant & machinery

Fixtures & fittings

Office Equipment

Total

£££££
Cost or valuation
At 01 January 2415,0001,1942906,61123,095
Additions--5,4564,4729,928
At 31 December 2415,0001,1945,74611,08333,023
Depreciation and impairment
At 01 January 242,8131002775,3078,497
Charge for year3,0472741,0631,6446,028
At 31 December 245,8603741,3406,95114,525
Net book value
At 31 December 249,1408204,4064,13218,498
At 31 December 2312,1871,094131,30414,598
4.Stocks

2024

2023

££
Other stocks14,00012,000
Total14,00012,000
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables304,635379,114
Amounts owed by associates and joint ventures / participating interests198,392164,994
Other debtors6383,496
Prepayments and accrued income12,8218,901
Total516,486556,505
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables117,406147,094
Bank borrowings and overdrafts71,07935,678
Taxation and social security117,970116,609
Other creditors6,88114,823
Accrued liabilities and deferred income3,4133,302
Total316,749317,506
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts13,63740,910
Total13,63740,910
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)4,6253,650
Total4,6253,650
9.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
Mr K Smith55,76566,13855,00066,903
Mr B M Szyczak54,13567,79455,00066,929
Mr M J Holdstock55,09464,46655,00064,560
164,994198,398165,000198,392
Interest is charged on the loans at 2.25%