Registration number: 13258168

Sussex Water Drainage Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 5

Sussex Water Drainage Ltd

Company Information

Director

B A Stiles

Registered office

Herrings Farm Herrings Road Dallington Heathfield England TN21 9NL

Accountants

Manningtons 8 High Street Heathfield East Sussex TN21 8LS

Sussex Water Drainage Ltd

(Registration number: 13258168)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	-	50,551
Current assets
Debtors	5	173,922	78,040
Cash at bank and in hand		-	88,730
		173,922	166,770
Creditors: Amounts falling due within one year	6	(172)	(33,966)
Net current assets		173,750	132,804
Total assets less current liabilities		173,750	183,355
Provisions for liabilities		-	(9,605)
Net assets		173,750	173,750
Capital and reserves
Called up share capital		2	2
Retained earnings		173,748	173,748
Shareholders' funds		173,750	173,750

For the financial year ending 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; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 December 2025
 

......................................... B A Stiles Director

Sussex Water Drainage Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Herrings Farm Herrings Road
Dallington
Heathfield
TN21 9NL
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Sussex Water Drainage Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Sussex Water Drainage Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	19,000	44,255	63,255
Disposals	(19,000)	(44,255)	(63,255)
At 31 March 2025	-	-	-
Depreciation
At 1 April 2024	4,750	7,954	12,704
Eliminated on disposal	(4,750)	(7,954)	(12,704)
At 31 March 2025	-	-	-
Carrying amount
At 31 March 2025	-	-	-
At 31 March 2024	14,250	36,301	50,551

5

Debtors

	Note	2025 £	2024 £
Amounts owed by group undertakings and undertakings in which the company has a participating interest		78,040	-
Other debtors		95,882	78,040
		173,922	78,040

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	-	32,994
Accruals and deferred income	-	800
Director loan account	172	172
	172	33,966