REGISTERED NUMBER: 08532484 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

HART WATER LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A M Hart

Mrs J A Hart

REGISTERED OFFICE:

61 Station Road

Sudbury

Suffolk

C010 2SP

REGISTERED NUMBER:

08532484 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

83,048

Tangible assets

5

145,167

CURRENT ASSETS

13,000

Stocks

12,500

10,217

Debtors

6

15,447

230,469

Cash at bank

201,965

253,686

229,912

CREDITORS

88,783

Amounts falling due within one year

7

66,372

164,903

NET CURRENT ASSETS

163,540

247,951

TOTAL ASSETS LESS CURRENT LIABILITIES

308,707

CREDITORS

(28,451

)

Amounts falling due after more than one year

8

(19,194

)

(15,815

)

PROVISIONS FOR LIABILITIES

(25,284

)

203,685

NET ASSETS

264,229

CAPITAL AND RESERVES

2

Called up share capital

2

203,683

Retained earnings

264,227

203,685

264,229

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 27 November 2025 and were signed on its behalf by:

A M Hart - Director

Mrs J A Hart - Director

1.	STATUTORY INFORMATION

Hart Water 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when significant risks and rewards of ownership have transferred to the buyer usually on despatch of the goods.

Revenue from the rendering of services is measured by reference to the stage of completion of the services transaction at the end of the reporting period.

Tangible fixed assets

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

Short leasehold

-

10% on cost

FF and equipment

-

25% on reducing balance

Motor vehicles

-

25% on 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.

Financial instruments

The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

5.	TANGIBLE FIXED ASSETS

Short

FF and

Motor

Totals

leasehold

equipment

vehicles

£

£

£

£

COST

At 1 June 2024

224,616

47,156

20,485

156,975

Additions

138,155

-

-

138,155

Disposals

(113,281

)

(9,761

)

-

(103,520

)

At 31 May 2025

249,490

37,395

20,485

191,610

DEPRECIATION

At 1 June 2024

141,568

28,397

11,270

101,901

Charge for year

48,103

3,740

2,306

42,057

Eliminated on disposal

(85,348

)

(6,834

)

-

(78,514

)

At 31 May 2025

104,323

25,303

13,576

65,444

NET BOOK VALUE

At 31 May 2025

145,167

12,092

6,909

126,166

At 31 May 2024

83,048

18,759

9,215

55,074

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

3,927

8,963

Other debtors

11,520

1,254

15,447

10,217

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Hire purchase contracts

9,257

9,257

Trade creditors

11,871

1,552

Taxation and social security

18,934

64,826

Other creditors

26,310

13,148

66,372

88,783

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Other creditors

19,194

28,451