Company registration number 07183796 (England and Wales)
THE DRAINAGE PEOPLE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
THE DRAINAGE PEOPLE LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
£
£
£
£
Fixed assets
44,045
40,008
Current assets
50,445
72,424
Creditors: amounts falling due within one year
(88,361)
(80,580)
Net current liabilities
(37,916)
(8,156)
Total assets less current liabilities
6,129
31,852
Accruals and deferred income
(3,429)
(3,281)
Net assets
2,700
28,571
Capital and reserves
2,700
28,571
THE DRAINAGE PEOPLE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -
Notes to the financial statements
Directors' benefits: advances, credit and guarantees
Advances to Directors
During the year £1,381 was advanced to a director and £1,381 was subsequently repaid. The balance owed by the director at the beginning of the year was Nil and at the end of the year was Nil. No interest was charged when the loan account was overdrawn.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2025
2024
Number
Number
Employees
5
4
The Drainage People Limited is a private company limited by shares incorporated in England and Wales. The registered office is Bishopbrook House, Cathedral Avenue, WELLS, Somerset, BA5 1FD.
For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 9 December 2025 and are signed on its behalf by:
Mr D J W Hasell
Director
Company Registration Number 07183796