Company Registration No. 10305095 (England and Wales)
JD Drains Limited
Unaudited accounts
for the year ended 31 July 2025
JD Drains Limited
Unaudited accounts
Contents
JD Drains Limited
Company Information
for the year ended 31 July 2025
Company Number
10305095 (England and Wales)
Registered Office
105 Hyde End Lane
Ryeish Green
Reading
Berkshire
RG7 1ES
England
Accountants
I Sumar & Co Ltd
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
JD Drains Limited
Statement of financial position
as at 31 July 2025
Tangible assets
210,097
140,139
Cash at bank and in hand
164,387
61,515
Creditors: amounts falling due within one year
(39,112)
(56,161)
Net current assets
326,024
95,090
Total assets less current liabilities
536,121
235,229
Creditors: amounts falling due after more than one year
(356,600)
(151,335)
Provisions for liabilities
Called up share capital
105
105
Profit and loss account
179,416
35,469
Shareholders' funds
179,521
35,574
For the year ending 31 July 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 April 2026 and were signed on its behalf by
Giuseppe Defazio
Director
Company Registration No. 10305095
JD Drains Limited
Notes to the Accounts
for the year ended 31 July 2025
JD Drains Limited is a private company, limited by shares, registered in England and Wales, registration number 10305095. The registered office is 105 Hyde End Lane, Ryeish Green, Reading, Berkshire, RG7 1ES, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The accounts are presented in £ sterling.
JD Drains Limited
Notes to the Accounts
for the year ended 31 July 2025
4
Intangible fixed assets
Other
Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 5 years.
For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.
JD Drains Limited
Notes to the Accounts
for the year ended 31 July 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2024
52,605
567,044
3,091
16,288
639,028
Additions
3,237
295,348
4,576
3,128
306,289
At 31 July 2025
55,842
862,392
7,667
19,416
945,317
At 1 August 2024
32,692
453,692
1,325
11,180
498,889
Charge for the year
13,961
215,599
1,917
4,854
236,331
At 31 July 2025
46,653
669,291
3,242
16,034
735,220
At 31 July 2025
9,189
193,101
4,425
3,382
210,097
At 31 July 2024
19,913
113,352
1,766
5,108
140,139
Finished goods
14,500
4,000
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been
incurred in bringing the stocks to their present location and condition.
Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
Amounts falling due within one year
Trade debtors
162,203
85,736
Deferred tax asset
24,046
-
JD Drains Limited
Notes to the Accounts
for the year ended 31 July 2025
8
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
10,940
Trade creditors
24,172
17,636
Taxes and social security
9,601
11,496
Loans from directors
(2,794)
-
9
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
356,600
151,335
10
Average number of employees
During the year the average number of employees was 5 (2024: 5).