A. D. Veale Water Treatment Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 04626421

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		56,572		55,627

			56,572		55,627
CURRENT ASSETS
Stocks	5	61,800		30,329
Debtors	6	73,445		47,873
Cash at bank and in hand		313,250		527,171

		448,495		605,373
Creditors: Amounts Falling Due Within One Year	7	(52,086 )		(105,941 )

NET CURRENT ASSETS (LIABILITIES)			396,409		499,432

TOTAL ASSETS LESS CURRENT LIABILITIES			452,981		555,059

PROVISIONS FOR LIABILITIES
Deferred Taxation			(14,796 )		(13,084 )

NET ASSETS			438,185		541,975

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			438,085		541,875

SHAREHOLDERS' FUNDS			438,185		541,975

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A. D. Veale Water Treatment Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Suzanne Stevens

Director

16/09/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

A. D. Veale Water Treatment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04626421 . The registered office is The Gables, Eye Road, Brome, Eye, Suffolk, IP23 8AL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10% straight line
Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	25% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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A. D. Veale Water Treatment Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

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A. D. Veale Water Treatment Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2023: 7)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 January 2024	9,792	11,636	145,530	4,720
Additions	-	616	29,500	-

As at 31 December 2024	9,792	12,252	175,030	4,720

Depreciation
As at 1 January 2024	6,853	10,310	97,407	3,385
Provided during the period	979	673	27,446	334

As at 31 December 2024	7,832	10,983	124,853	3,719

Net Book Value
As at 31 December 2024	1,960	1,269	50,177	1,001

As at 1 January 2024	2,939	1,326	48,123	1,335


	Computer Equipment	Total
	£	£
Cost
As at 1 January 2024	2,997	174,675
Additions	982	31,098

As at 31 December 2024	3,979	205,773

Depreciation
As at 1 January 2024	1,093	119,048
Provided during the period	721	30,153

As at 31 December 2024	1,814	149,201

Net Book Value
As at 31 December 2024	2,165	56,572

As at 1 January 2024	1,904	55,627

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A. D. Veale Water Treatment Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Stocks

	2024	2023
	£	£
Stock	61,800	30,329

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	55,926	46,031
Prepayments and accrued income	3,366	1,842
Corporation tax recoverable assets	14,130	-
Directors' loan accounts	23	-

	73,445	47,873

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	27,049	7,097
Corporation tax	-	39,126
VAT	21,217	22,673
Other creditors	3,820	595
Directors' loan accounts	-	36,450

	52,086	105,941

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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