REGISTERED NUMBER: 11156399 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Ventilation and Water Compliance Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S A Davis

REGISTERED OFFICE:

Unit 2 Cambria Close

Canvey Island

Essex

SS8 0JX

REGISTERED NUMBER:

11156399 (England and Wales)

ACCOUNTANTS:

Eden Bookkeeping Solutions Ltd

International House

International Business Park

Charfleets Road

Canvey Island

Essex

SS8 0PQ

FIXED ASSETS

Tangible assets

4

14,245

14,818

CURRENT ASSETS

Stocks

4,500

4,600

Debtors

5

127,171

135,025

Cash at bank and in hand

33,661

1,828

165,332

141,453

CREDITORS

Amounts falling due within one year

6

381,204

276,748

NET CURRENT LIABILITIES

(215,872

)

(135,295

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(201,627

)

(120,477

)

PROVISIONS FOR LIABILITIES

2,707

2,815

NET LIABILITIES

(204,334

)

(123,292

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(204,434

)

(123,392

)

(204,334

)

(123,292

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2025 and were signed by:

S A Davis - Director

1.	STATUTORY INFORMATION

Ventilation and Water Compliance Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis. This assumes that the company will continue in existence for the foreseeable future.

The validity of this assumption depends on the continued financial support of the directors and creditors.

If the company were unable to continue in operational existence, adjustments would have to be made to reduce the balance sheet values of assets to their recoverable amounts, and to provide for any further liabilities that might arise and to reclassify fixed assets as current assets. Long term liabilities would also have to be reclassified as current liabilities.

The directors believe that it is appropriate for the financial statements to be prepared on the going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% Reducing balance

Fixtures and fittings - 33% Reducing balance

Motor vehicles - 25% Reducing balance

Improvements to property - 20% Reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

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.

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

49,063

Additions

4,353

At 31 January 2025

53,416

DEPRECIATION

At 1 February 2024

34,245

Charge for year

4,926

At 31 January 2025

39,171

NET BOOK VALUE

At 31 January 2025

14,245

At 31 January 2024

14,818

5.

DEBTORS

31.1.25

31.1.24

£

£

Amounts falling due within one year:

Other debtors

1,275

43,717

Amounts falling due after more than one year:

Trade debtors

108,462

80,104

Other debtors

17,434

11,204

125,896

91,308

Aggregate amounts

127,171

135,025

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

43,244

10,107

Taxation and social security

190,192

151,080

Other creditors

147,768

115,561

381,204

276,748

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25

31.1.24

£

£

S A Davis

Balance outstanding at start of year

42,807

30,422

Amounts advanced

97,303

64,390

Amounts repaid

(140,566

)

(52,005

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(456

)

42,807

8.	ULTIMATE CONTROLLING PARTY

The controlling party is S A Davis.

The controlling party is S A Davis due to his majority shareholding and directorship.