Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 2024-01-01 false Sewerage, plumbing, heat and air conditioning installation.82 73 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11104760 2024-01-01 2024-12-31 11104760 2023-01-01 2023-12-31 11104760 2024-12-31 11104760 2023-12-31 11104760 c:Director1 2024-01-01 2024-12-31 11104760 d:PlantMachinery 2024-01-01 2024-12-31 11104760 d:PlantMachinery 2024-12-31 11104760 d:PlantMachinery 2023-12-31 11104760 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11104760 d:OfficeEquipment 2024-01-01 2024-12-31 11104760 d:OfficeEquipment 2024-12-31 11104760 d:OfficeEquipment 2023-12-31 11104760 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11104760 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11104760 d:ComputerSoftware 2024-12-31 11104760 d:ComputerSoftware 2023-12-31 11104760 d:CurrentFinancialInstruments 2024-12-31 11104760 d:CurrentFinancialInstruments 2023-12-31 11104760 d:Non-currentFinancialInstruments 2024-12-31 11104760 d:Non-currentFinancialInstruments 2023-12-31 11104760 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 11104760 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11104760 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 11104760 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 11104760 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-12-31 11104760 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 11104760 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-12-31 11104760 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 11104760 d:ShareCapital 2024-12-31 11104760 d:ShareCapital 2023-12-31 11104760 d:RetainedEarningsAccumulatedLosses 2024-12-31 11104760 d:RetainedEarningsAccumulatedLosses 2023-12-31 11104760 c:FRS102 2024-01-01 2024-12-31 11104760 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11104760 c:FullAccounts 2024-01-01 2024-12-31 11104760 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11104760 d:WithinOneYear 2024-12-31 11104760 d:WithinOneYear 2023-12-31 11104760 d:BetweenOneFiveYears 2024-12-31 11104760 d:BetweenOneFiveYears 2023-12-31 11104760 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2024-01-01 2024-12-31 11104760 2 2024-01-01 2024-12-31 11104760 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 11104760 UNITED DRAINS LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
UNITED DRAINS LIMITED REGISTERED NUMBER: 11104760 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 17,500 |  | -
Tangible assets | 5 |  | 322,105 |  | 364,840
|  |  | 339,605 |  | 364,840
Current assets |  |  |  |  |
Stocks | 6 | 13,700 |  | 13,700 |
Debtors: amounts falling due within one year | 7 | 1,773,194 |  | 1,692,069 |
Cash at bank and in hand | 8 | 32,287 |  | 70,765 |
|  | 1,819,181 |  | 1,776,534 |
Creditors: amounts falling due within one year | 9 | (1,662,012) |  | (1,150,013) |
Net current assets |  |  | 157,169 |  | 626,521
Total assets less current liabilities |  |  | 496,774 |  | 991,361
Creditors: amounts falling due after more than one year | 10 |  | (256,118) |  | (356,890)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (80,526) |  | (91,210) |
|  |  | (80,526) |  | (91,210)
Net assets |  |  | 160,130 |  | 543,261
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 200 |  | 200
Profit and loss account |  |  | 159,930 |  | 543,061
|  |  | 160,130 |  | 543,261
Page 1
UNITED DRAINS LIMITED REGISTERED NUMBER: 11104760 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2024 The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 January 2026.
................................................ A D Clark
Director
The notes on pages 3 to 10 form part of these financial statements. Page 2
UNITED DRAINS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
United Drains Limited is a private company limited by shares, incorporated in England and Wales, registration number 11104760. The address of the registered office is Wynters Barn Farm Hastingwood Road, Magdalen Laver, Ongar, Essex, CM5 0EW. The nature of the company’s operations and principal activities are that of plumbing and drainage services. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Going concern
The company accounts have been prepared on a going concern basis.
| 2.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. Page 3
UNITED DRAINS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.6 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.7 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 2.8 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.9 | Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years. Page 4
UNITED DRAINS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.10 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Plant and machinery | - | 20 & 25 %
|  |  |  | Office equipment | - | 20%
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.11 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.12 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.13 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.14 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Page 5
UNITED DRAINS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.15 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
| 2.16 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 82 (2023 - 73).
4. | Intangible assets
|  | Computer software
|  | £
| Cost |
| Additions | 17,500
| At 31 December 2024 | 17,500
| Net book value |
| At 31 December 2024 | 17,500
| At 31 December 2023 | -
Page 6
UNITED DRAINS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. | Tangible fixed assets
|  | Plant and machinery | Office equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 January 2024 | 535,913 | 51,747 | 587,660
| Additions | 91,606 | 2,152 | 93,758
| Disposals | (1,950) | - | (1,950)
| At 31 December 2024 | 625,569 | 53,899 | 679,468
| Depreciation |  |  |
| At 1 January 2024 | 195,180 | 27,639 | 222,819
| Charge for the year on owned assets | 124,594 | 10,503 | 135,097
| Disposals | (553) | - | (553)
| At 31 December 2024 | 319,221 | 38,142 | 357,363
| Net book value |  |  |
| At 31 December 2024 | 306,348 | 15,757 | 322,105
| At 31 December 2023 | 340,733 | 24,108 | 364,841
6. | Stocks
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Finished goods and goods for resale | 13,700 | 13,700
|  | 13,700 | 13,700
Page 7
UNITED DRAINS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
7. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 1,070,468 | 1,071,205
| Other debtors | 575,178 | 318,005
| Prepayments and accrued income | 127,548 | 302,859
|  | 1,773,194 | 1,692,069
8. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 32,287 | 70,765
|  | 32,287 | 70,765
9. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 733,779 | 285,147
| Trade creditors | 267,082 | 165,642
| Corporation tax | 201,502 | 140,573
| Other taxation and social security | 377,532 | 306,544
| Obligations under finance lease and hire purchase contracts | 29,695 | -
| Other creditors | 33,263 | 35,973
| Accruals and deferred income | 19,159 | 216,134
|  | 1,662,012 | 1,150,013
The bank loan is secured by a fixed and floating charge over the assets of the company. Page 8
UNITED DRAINS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
10. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 243,745 | 356,890
| Net obligations under finance leases and hire purchase contracts | 12,373 | -
|  | 256,118 | 356,890
11. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 733,779 | 285,147
|  | 733,779 | 285,147
| Amounts falling due 1-2 years |  |
| Bank loans | 113,854 | 181,072
|  | 113,854 | 181,072
| Amounts falling due 2-5 years |  |
| Bank loans | 129,890 | 175,818
|  | 129,890 | 175,818
|  | 977,523 | 642,037
Page 9
UNITED DRAINS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
12. | Commitments under operating leases
| At 31 December 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Not later than 1 year | 57,871 | 58,900
| Later than 1 year and not later than 5 years | 108,854 | 166,905
|  | 166,725 | 225,805
13. | Related party transactions
| Included in debtor is an amount of £356,509 due from the related party company United Group 2023 Ltd (2023 - £248,000). During the year, key management personnel remuneration amounted to £202,124 (2023: £151,931). At the year end, the following amounts were due (to)/from related parties:
|  | 2024 | 2023
|  | £ | £
| Key Management | 120,503 | 53,577
|  | 120,503 | 53,577
14. | Controlling party
There is no controlling party.
Page 10