Dig & Connect Water Services Limited

Dig & Connect Water Services Limited
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Registered Number: 11860143 Dig & Connect Water Services Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	45,432	1,848
		45,432	1,848
Current assets
Debtors		341,830	171,128
Cash at bank and in hand		256,125	26,549
		597,955	197,677
Creditors: amount falling due within one year		(233,885)	(124,692)
Net current assets		364,070	72,985

Total assets less current liabilities		409,502	74,833
Creditors: amount falling due after more than one year		(62,905)	(33,755)
Net assets		346,597	41,078

Capital and reserves
Called up share capital	4	1	1
Profit and loss account		346,596	41,077
Shareholders' funds		346,597	41,078

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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The director of the company has elected not to include the Income Statement within the financial statements.

The financial statements were approved by the director on 23 December 2025 and were signed by:

-------------------------------
M Aldous
Director

1

Dig & Connect Water Services Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Dig & Connect Water Services Limited is a private company limited by shares and is incorporated in England and Wales. The address of the registered office is 10 Parish Close, Watford, Hertfordshire, WD25 0JR. The nature of the company's operations and its principal activity was that of construction of water projects.

1.

Accounting policies

Significant accounting policies

The company's financial statements have been prepared in compliance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention and on a going concern basis. The financial statements comprise the unaudited financial statements of the company up to 31 March each year, and are stated in pound sterling, the company's functional and presentational currency.

The principal accounting policies applied in the preparation of these financial statements are set out below, these policies have been applied consistently to all the years presented, unless otherwise stated.

Turnover

Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	33% Straight Line
Computer Equipment	33% Straight Line

Stocks

Stocks and work in progress, are valued at the lower of cost and estimated selling price less costs to complete and sell which is equivalent to the net realisable value. Costs comprise direct materials, direct labour costs and those overheads which have been incurred in bringing the stocks to their present location and condition. Management assesses the cost held and where required will book a provision against the stock.

2.	Employees and directors' Average number of employees during the year was 4 (2024 : 3).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 April 2024	-	-	2,758	2,758
Additions	57,481	344	1,721	59,546
Disposals	-	-	-	-
At 31 March 2025	57,481	344	4,479	62,304
Depreciation
At 01 April 2024	-	-	910	910
Charge for year	14,370	114	1,478	15,962
On disposals	-	-	-	-
At 31 March 2025	14,370	114	2,388	16,872
Net book values
Closing balance as at 31 March 2025	43,111	230	2,091	45,432
Opening balance as at 01 April 2024	-	-	1,848	1,848

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
1 Ordinary share of £1.00 each	1		1
	1		1

2

Registered Number: 11860143
England and Wales
Abridged Accounts

for the year ended 31 March 2025
for
DIG & CONNECT WATER SERVICES LIMITED