Water Environment Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 06022798

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		11,183		8,872

			11,183		8,872
CURRENT ASSETS
Debtors	5	401,803		394,141
Cash at bank and in hand		260,482		237,271

		662,285		631,412
Creditors: Amounts Falling Due Within One Year	6	(291,139 )		(290,965 )

NET CURRENT ASSETS (LIABILITIES)			371,146		340,447

TOTAL ASSETS LESS CURRENT LIABILITIES			382,329		349,319

Creditors: Amounts Falling Due After More Than One Year	7		(19,950 )		(30,000 )

NET ASSETS			362,379		319,319

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			362,377		319,317

SHAREHOLDERS' FUNDS			362,379		319,319

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Water Environment Limited

Balance Sheet (continued)

As At 5 April 2025

For the year ending 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dr Antony Clothier Director	Mr Guy Laister Director
4th January 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Water Environment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06022798 . The registered office is 6 Coppergate Mews, 103-107 Brighton Road, Surbiton, London, KT6 5NE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents the invoiced amount of services provided and work done (stated net of Value Added Tax) all arising in the United Kingdom.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	Bicycles 40% reducing balance
Fixtures & Fittings	20% of cost fixed rate per anum in accordance with HMRC capital allowance
Computer Equipment	60% first year, 40% second year

2.4. Government Grant

Government grants are recognised in the Profit and Loss Account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was 13 (2024: 13)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 6 April 2024	7,236	18,485	60,419	86,140
Additions	1,822	956	9,124	11,902
Disposals	(2,628 )	-	-	(2,628 )

As at 5 April 2025	6,430	19,441	69,543	95,414

Depreciation
As at 6 April 2024	5,940	11,738	59,590	77,268
Provided during the period	1,391	1,896	6,304	9,591
Disposals	(2,628 )	-	-	(2,628 )

As at 5 April 2025	4,703	13,634	65,894	84,231

...CONTINUED

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Water Environment Limited

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2025

Net Book Value
As at 5 April 2025	1,727	5,807	3,649	11,183

As at 6 April 2024	1,296	6,747	829	8,872

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	395,246	387,584
Other debtors (Rental Deposit)	6,557	6,557

	401,803	394,141

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	28,543	29,020
Corporation tax payable	79,164	84,549
Other taxes and social security	4,680	12,165
VAT	102,730	99,941
Pensions (Current liabilities - creditors < 1 year)	143	-
Employee Business Expense Claims	5,879	5,290
Dividends owed to shareholders	70,000	60,000

	291,139	290,965

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	14,950	25,000
Directors loan account	5,000	5,000

	19,950	30,000

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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