REGISTERED NUMBER: 00357098 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

CHOLDERTON AND DISTRICT WATER COMPANY

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr H A Edmunds

Mrs F S Edmunds

SECRETARY:

Ms A C Cropper

REGISTERED OFFICE:

The Estate Office

Cholderton Estate

Cholderton

Wiltshire

SP4 0DR

REGISTERED NUMBER:

00357098 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

236,270

207,241

CURRENT ASSETS

Stocks

8,500

8,500

Debtors

5

68,150

88,778

Cash at bank

-

9,055

76,650

106,333

CREDITORS

Amounts falling due within one year

6

44,484

33,091

NET CURRENT ASSETS

32,166

73,242

TOTAL ASSETS LESS CURRENT LIABILITIES

268,436

280,483

CREDITORS

Amounts falling due after more than one year

7

(47,833

)

(28,279

)

PROVISIONS FOR LIABILITIES

(32,274

)

-

NET ASSETS

188,329

252,204

CAPITAL AND RESERVES

Called up share capital

7,200

7,200

Retained earnings

181,129

245,004

SHAREHOLDERS' FUNDS

188,329

252,204

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 22nd December 2025 and were signed on its behalf by:

Mr H A Edmunds - Director

1.	STATUTORY INFORMATION

Cholderton and District Water Company Limited 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

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. 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, 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.

Infrastructure assets - 2% straight line

Pumping equipment - 4% straight line

Other equipment - 25% reducing balance

Motor vehicles - 25% 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.

Going concern

The accounts have been prepared on a going concern basis. The directors and shareholders will continue to support the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Infrastructure

Pumping

Other

assets

equipment

equipment

£

£

£

COST

At 1st April 2024

184,939

85,612

71,483

Additions

9,439

35,183

1,261

Disposals

-

-

(2,118

)

At 31st March 2025

194,378

120,795

70,626

DEPRECIATION

At 1st April 2024

68,440

26,122

51,315

Charge for year

3,887

4,371

5,201

Eliminated on disposal

-

-

(1,494

)

At 31st March 2025

72,327

30,493

55,022

NET BOOK VALUE

At 31st March 2025

122,051

90,302

15,604

At 31st March 2024

116,499

59,490

20,168

Motor

Office

vehicles

Equipment

Totals

£

£

£

COST

At 1st April 2024

13,200

2,028

357,262

Additions

-

-

45,883

Disposals

-

-

(2,118

)

At 31st March 2025

13,200

2,028

401,027

DEPRECIATION

At 1st April 2024

3,300

844

150,021

Charge for year

2,475

296

16,230

Eliminated on disposal

-

-

(1,494

)

At 31st March 2025

5,775

1,140

164,757

NET BOOK VALUE

At 31st March 2025

7,425

888

236,270

At 31st March 2024

9,900

1,184

207,241

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

53,470

63,988

Other debtors

14,680

24,790

68,150

88,778

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

22,381

4,548

Hire purchase contracts

8,370

5,983

Trade creditors

1,428

14,259

Other creditors

12,305

8,301

44,484

33,091

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

19,436

24,851

Hire purchase contracts

28,397

3,428

47,833

28,279

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

19,436

24,851