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Company No: 08378950 (England and Wales)

# DRAINBOSS PLUMBING AND DRAINAGE LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025
PAGES FOR FILING WITH THE REGISTRAR

DRAINBOSS PLUMBING AND DRAINAGE LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025

Contents

DRAINBOSS PLUMBING AND DRAINAGE LIMITED

## COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025
DRAINBOSS PLUMBING AND DRAINAGE LIMITED

## COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025

DIRECTOR | G Brown

REGISTERED OFFICE | Ley Spring Bolney Road
| Ansty
| Haywards Heath
| RH17 5AW
| United Kingdom

COMPANY NUMBER | 08378950 (England and Wales)

ACCOUNTANT | Shaw Gibbs Limited
| Wey Court West
| Union Road
| Farnham
| Surrey
| GU9 7PT

DRAINBOSS PLUMBING AND DRAINAGE LIMITED

## BALANCE SHEET

AS AT 30 APRIL 2025
DRAINBOSS PLUMBING AND DRAINAGE LIMITED

## BALANCE SHEET (continued)

AS AT 30 APRIL 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 49,243 |  | 68,440
Investments | 5 | 48,110 |  | 41,675
|  | 97,353 |  | 110,115
Current assets |  |  |  |
Debtors | 6 | 13,157 |  | 26,238
Cash at bank and in hand |  | 13,240 |  | 2,520
|  | 26,397 |  | 28,758
Creditors: amounts falling due within one year | 7 | ( 83,925) |  | ( 88,718)
Net current liabilities |  | (57,528) |  | (59,960)
Total assets less current liabilities |  | 39,825 |  | 50,155
Creditors: amounts falling due after more than one year | 8 | ( 6,177) |  | ( 16,626)
Provision for liabilities | 9 | ( 12,312) |  | ( 8,924)
Net assets |  | 21,336 |  | 24,605
Capital and reserves |  |  |  |
Called-up share capital |  | 2 |  | 2
Revaluation reserve |  | 6,752 |  | 317
Profit and loss account |  | 14,582 |  | 24,286
Total shareholder's funds |  | 21,336 |  | 24,605

For the financial year ending 30 April 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 member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of DrainBoss Plumbing and Drainage Limited (registered number: 08378950) were approved and authorised for issue by the Director on 21 January 2026. They were signed on its behalf by:

G Brown Director |

DRAINBOSS PLUMBING AND DRAINAGE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025
DRAINBOSS PLUMBING AND DRAINAGE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Drainboss Plumbing And Drainage Limited (registered number 08378950), is a private company limited by shares. It is incorporated in England & Wales. The registered office is 2 Redwood Drive, Haywards Heath, West Sussex, RH16 4ER.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

##### Finance costs

Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so 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.

##### Taxation

Current tax
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement 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.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Trademarks, patents and licences | 10 years straight line

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery | 25 % reducing balance
Vehicles | 25 % reducing balance
Fixtures and fittings | 25 % reducing balance
Office equipment | 25 % reducing balance

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Fixed asset investments

Investments in precious metals are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period in material.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Loans and borrowings
All borrowing costs are recognised in profit or loss in the year in which they are incurred.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 1 |  | 1

#### 3. Intangible assets

| Trademarks, patents and licences |  | Total
| £ |  | £
Cost |  |  |
At 01 May 2024 | 11,500 |  | 11,500
At 30 April 2025 | 11,500 |  | 11,500
Accumulated amortisation |  |  |
At 01 May 2024 | 11,500 |  | 11,500
At 30 April 2025 | 11,500 |  | 11,500
Net book value |  |  |
At 30 April 2025 | 0 |  | 0
At 30 April 2024 | 0 |  | 0

#### 4. Tangible assets

| Plant and machinery |  | Vehicles |  | Fixtures and fittings |  | Office equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |
At 01 May 2024 | 6,822 |  | 90,901 |  | 22,700 |  | 6,104 |  | 126,527
Disposals | ( 216) |  | ( 27,000) |  | 0 |  | 0 |  | ( 27,216)
At 30 April 2025 | 6,606 |  | 63,901 |  | 22,700 |  | 6,104 |  | 99,311
Accumulated depreciation |  |  |  |  |  |  |  |  |
At 01 May 2024 | 5,852 |  | 30,897 |  | 19,872 |  | 1,466 |  | 58,087
Charge for the financial year | 243 |  | 15,001 |  | 707 |  | 1,160 |  | 17,111
Disposals | ( 199) |  | ( 24,931) |  | 0 |  | 0 |  | ( 25,130)
At 30 April 2025 | 5,896 |  | 20,967 |  | 20,579 |  | 2,626 |  | 50,068
Net book value |  |  |  |  |  |  |  |  |
At 30 April 2025 | 710 |  | 42,934 |  | 2,121 |  | 3,478 |  | 49,243
At 30 April 2024 | 970 |  | 60,004 |  | 2,828 |  | 4,638 |  | 68,440

#### 5. Fixed asset investments

| Other investments |  | Total
| £ |  | £
Cost or valuation before impairment |  |  |
At 01 May 2024 | 41,675 |  | 41,675
Movement in fair value | 6,435 |  | 6,435
At 30 April 2025 | 48,110 |  | 48,110
Carrying value at 30 April 2025 | 48,110 |  | 48,110
Carrying value at 30 April 2024 | 41,675 |  | 41,675

#### 6. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 8,632 |  | 23,025
Corporation tax | 0 |  | 3,176
Other debtors | 4,525 |  | 37
| 13,157 |  | 26,238

#### 7. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 10,449 |  | 10,271
Trade creditors | 588 |  | 44,798
Corporation tax | 1,646 |  | 0
Other taxation and social security | 46 |  | 2,765
Other creditors | 71,196 |  | 30,884
| 83,925 |  | 88,718

#### 8. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 6,177 |  | 16,626

There are no amounts included above in respect of which any security has been given by the small entity.

#### 9. Deferred tax

| 2025 |  | 2024
| £ |  | £
At the beginning of financial year | ( 8,924) |  | ( 2,454)
Charged to the Profit and Loss Account | ( 3,388) |  | ( 6,470)
At the end of financial year | ( 12,312) |  | ( 8,924)

The deferred taxation balance is made up as follows:

| 2025 |  | 2024
| £ |  | £
Accelerated capital allowances | ( 12,312) |  | ( 17,110)
Tax losses carry forward | 0 |  | 8,186
| ( 12,312) |  | ( 8,924)