REGISTERED NUMBER: 09744738 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

DRAINTECH TANKERS.COM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J A Nicholson

Mr R J Simpson

REGISTERED OFFICE:

14 London Street

Andover

Hampshire

SP10 2PA

REGISTERED NUMBER:

09744738 (England and Wales)

ACCOUNTANTS:

Hysons

Chartered Accountants

14 London Street

Andover

Hampshire

SP10 2PA

FIXED ASSETS

Tangible assets

5

675,707

589,934

Investments

6

6,826,743

-

7,502,450

589,934

CURRENT ASSETS

Debtors

7

555,335

916,740

Cash at bank

200

284,092

555,535

1,200,832

CREDITORS

Amounts falling due within one year

8

796,582

629,963

NET CURRENT (LIABILITIES)/ASSETS

(241,047

)

570,869

TOTAL ASSETS LESS CURRENT LIABILITIES

7,261,403

1,160,803

CREDITORS

Amounts falling due after more than one year

9

(6,272,914

)

(150,189

)

PROVISIONS FOR LIABILITIES

(166,762

)

(146,573

)

NET ASSETS

821,727

864,041

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

821,725

864,039

821,727

864,041

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by:

Mr J A Nicholson - Director

Mr R J Simpson - Director

1.	STATUTORY INFORMATION

Draintech Tankers.com 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.

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, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Office and computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 9 (2024 - 8 ) .

5.	TANGIBLE FIXED ASSETS

Office

Improvements

and

to

Plant and

Motor

computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

11,846

886,743

76,000

3,367

977,956

Additions

-

227,000

-

7,483

234,483

Disposals

-

(35,250

)

-

-

(35,250

)

At 31 March 2025

11,846

1,078,493

76,000

10,850

1,177,189

DEPRECIATION

At 1 April 2024

2,326

327,431

55,231

3,034

388,022

Charge for year

-

113,000

3,115

2,633

118,748

Eliminated on disposal

-

(5,288

)

-

-

(5,288

)

At 31 March 2025

2,326

435,143

58,346

5,667

501,482

NET BOOK VALUE

At 31 March 2025

9,520

643,350

17,654

5,183

675,707

At 31 March 2024

9,520

559,312

20,769

333

589,934

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 April 2024

500,479

Additions

227,000

At 31 March 2025

727,479

DEPRECIATION

At 1 April 2024

114,658

Charge for year

91,923

At 31 March 2025

206,581

NET BOOK VALUE

At 31 March 2025

520,898

At 31 March 2024

385,821

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

6,826,743

At 31 March 2025

6,826,743

NET BOOK VALUE

At 31 March 2025

6,826,743

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

491,886

813,005

Amounts owed by group undertakings

17,130

-

Clanville Draintech Limited

40,476

17,573

Other debtors

5,843

830

Directors' current accounts

-

73,332

Prepayments

-

12,000

555,335

916,740

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

137,793

10,392

Hire purchase contracts

148,003

57,603

Trade creditors

88,369

282,547

Amounts owed to group undertakings

144,528

-

Tax

64,108

113,554

Social security and other taxes

44,505

40,665

Net wages

-

4,209

Pension

2,064

2,811

VAT

30,249

116,739

Other creditors

4,795

243

Directors' current accounts

130,668

-

Accrued expenses

1,500

1,200

796,582

629,963

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

9,757

Bank loans - 2-5 years

-

5,432

Hire purchase contracts

310,942

135,000

Amounts owed to group undertakings

3,598,972

-

Directors' loan accounts

2,363,000

-

6,272,914

150,189