County Waterwells Drilling Ltd

County Waterwells Drilling Ltd
Contents Page
For the Period 01 February 2025 to 31 October 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

County Waterwells Drilling Ltd Accountants' Report For the Period 01 February 2025 to 31 October 2025
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts County Waterwells Drilling Ltd for the year ended 31 October 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of County Waterwells Drilling Ltd for the year ended 31 October 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com. This report is made solely to the Board of Directors of County Waterwells Drilling Ltd , as a body, in accordance with the terms of our engagement letter dated 05 November 2025. Our work has been undertaken solely to prepare for your approval the accounts of County Waterwells Drilling Ltd and state those matters that we have agreed to state to the Board of Directors of County Waterwells Drilling Ltd, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than County Waterwells Drilling Ltd and its Board of Directors as a body for our work or for this report It is your duty to ensure that County Waterwells Drilling Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit County Waterwells Drilling Ltd. You consider that County Waterwells Drilling Ltd is exempt from the statutory audit requirement for the year We have not been instructed to carry out an audit or a review of the accounts of County Waterwells Drilling Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. .................................................... Rivington Accounts Ltd Bank House 6-8 Church Street Adlington Lancashire PR7 4EX 05 November 2025 1

County Waterwells Drilling Ltd
Accountants' Report
For the Period 01 February 2025 to 31 October 2025

Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts County Waterwells Drilling Ltd for the year ended 31 October 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of County Waterwells Drilling Ltd for the year ended 31 October 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
This report is made solely to the Board of Directors of County Waterwells Drilling Ltd , as a body, in accordance with the terms of our engagement letter dated 05 November 2025. Our work has been undertaken solely to prepare for your approval the accounts of County Waterwells Drilling Ltd and state those matters that we have agreed to state to the Board of Directors of County Waterwells Drilling Ltd, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than County Waterwells Drilling Ltd and its Board of Directors as a body for our work or for this report
It is your duty to ensure that County Waterwells Drilling Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit County Waterwells Drilling Ltd. You consider that County Waterwells Drilling Ltd is exempt from the statutory audit requirement for the year
We have not been instructed to carry out an audit or a review of the accounts of County Waterwells Drilling Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

....................................................
Rivington Accounts Ltd
Bank House
6-8 Church Street
Adlington
Lancashire
PR7 4EX
05 November 2025

1

County Waterwells Drilling Ltd
Statement of Financial Position
As at 31 October 2025

	Notes	2025 £	2025 £
Fixed assets
Tangible fixed assets	3	19,979	26,640
		19,979	26,640
Current assets
Debtors		48,369	10,662
Cash at bank and in hand		125,579	121,371
		173,948	132,033
Creditors: amount falling due within one year		(41,777)	(24,787)
Net current assets		132,171	107,246

Total assets less current liabilities		152,150	133,886
Provisions for liabilities		(3,796)	(5,062)
Net assets		148,354	128,824

Capital and reserves
Called up share capital	4	2	2
Profit and loss account		148,352	128,822
Shareholders' funds		148,354	128,824

For the period ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The directors acknowledge their 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 financial statements were approved by the board of directors on 05 November 2025 and were signed on its behalf by:

-------------------------------
Simon Matthew Cowley
Director

2

County Waterwells Drilling Ltd
Notes to the Abridged Financial Statements
For the Period 01 February 2025 to 31 October 2025

General Information

County Waterwells Drilling Ltd is a private company, limited by shares, registered in England and Wales, registration number 05346328, registration address Bank House, 6-8 Church Street, Adlington, Chorley, PR7 4EX. The trading address of the company is 130 St Georges Avenue, Westhoughton, Bolton, BL5 2EZ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

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

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

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:

Plant and Machinery	15 Reducing Balance
Motor Vehicles	25 Reducing Balance
Computer Equipment	25 Reducing Balance

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the period was 2 (2025 : 2).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
At 01 February 2025	7,218	55,467	17,313	79,998
Additions	-	-	-	-
Disposals	-	-	-	-
At 31 October 2025	7,218	55,467	17,313	79,998
Depreciation
At 01 February 2025	7,218	37,613	8,527	53,358
Charge for period	-	4,464	2,197	6,661
On disposals	-	-	-	-
At 31 October 2025	7,218	42,077	10,724	60,019
Net book values
Closing balance as at 31 October 2025	-	13,390	6,589	19,979
Opening balance as at 01 February 2025	-	17,854	8,786	26,640

4.

Share Capital

Allotted, called up and fully paid	2025 £		2025 £
2 Ordinary shares of £0.50 each	1		1
	1		1

3


Registered Number: 05346328
England and Wales
COUNTY WATERWELLS DRILLING LTD

Abridged Accounts

Period of accounts Start date: 01 February 2025 End date: 31 October 2025