Company Registration No. 02563337 (England and Wales)
Cotswold Rainwater Services Limited
Unaudited accounts
for the year ended 30 November 2025
Cotswold Rainwater Services Limited
Unaudited accounts
Contents
Cotswold Rainwater Services Limited
Company Information
for the year ended 30 November 2025
Directors
Mrs. Linsey Mullins-Crossman
Mr. Gerard Morgan
Mr. Ross Grylls
Company Number
02563337 (England and Wales)
Registered Office
1 Northfield Farm Lane
Witney
Oxfordshire
OX28 1UA
England
Accountants
Northfield Accountancy and Tax Services
1 Northfield Farm Lane
Witney
Oxfordshire
OX28 1UA
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Cotswold Rainwater Services Limited for the year ended 30 November 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Cotswold Rainwater Services Limited for the year ended
30 November 2025 as set out on pages
5 -
9 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Cotswold Rainwater Services Limited, as a body, in accordance with the terms of our engagement letter dated 6 September 2024. Our work has been undertaken solely to prepare for your approval the accounts of Cotswold Rainwater Services Limited and state those matters that we have agreed to state to the Board of Directors of Cotswold Rainwater Services Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cotswold Rainwater Services Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Cotswold Rainwater Services Limited 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 of Cotswold Rainwater Services Limited. You consider that Cotswold Rainwater Services Limited 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 Cotswold Rainwater Services Limited. 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.
Northfield Accountancy and Tax Services
Chartered Accountants
1 Northfield Farm Lane
Witney
Oxfordshire
OX28 1UA
20 May 2026
Cotswold Rainwater Services Limited
Statement of financial position
as at 30 November 2025
Intangible assets
7,221
7,108
Tangible assets
113,530
113,950
Cash at bank and in hand
303,908
336,845
Creditors: amounts falling due within one year
(230,048)
(181,750)
Net current assets
490,129
440,745
Total assets less current liabilities
610,880
561,803
Creditors: amounts falling due after more than one year
(835)
(13,910)
Provisions for liabilities
Other provisions
(133,918)
(118,440)
Net assets
476,127
429,453
Called up share capital
15,590
15,590
Profit and loss account
460,537
413,863
Shareholders' funds
476,127
429,453
For the year ending 30 November 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 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 of Directors and authorised for issue on 20 May 2026 and were signed on its behalf by
Mrs. Linsey Mullins-Crossman
Director
Company Registration No. 02563337
Cotswold Rainwater Services Limited
Notes to the Accounts
for the year ended 30 November 2025
Cotswold Rainwater Services Limited is a private company, limited by shares, registered in England and Wales, registration number 02563337. The registered office is 1 Northfield Farm Lane, Witney, Oxfordshire, OX28 1UA, 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.
These financial statements have been prepared on a going concern basis.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
15% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
15% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Cotswold Rainwater Services Limited
Notes to the Accounts
for the year ended 30 November 2025
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Intangible fixed assets
Other
At 30 November 2025
13,145
Cotswold Rainwater Services Limited
Notes to the Accounts
for the year ended 30 November 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2024
57,111
220,287
16,572
293,970
Additions
4,459
27,288
1,996
33,743
At 30 November 2025
61,570
247,575
18,568
327,713
At 1 December 2024
41,721
127,478
10,821
180,020
Charge for the year
2,977
30,024
1,162
34,163
At 30 November 2025
44,698
157,502
11,983
214,183
At 30 November 2025
16,872
90,073
6,585
113,530
At 30 November 2024
15,390
92,809
5,751
113,950
Raw materials
18,750
18,750
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their
present location and condition.
At each reporting date, stocks are assessed for impairment. If stocks
are 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.
Amounts falling due within one year
Trade debtors
129,339
48,968
Other debtors
268,180
217,932
Cotswold Rainwater Services Limited
Notes to the Accounts
for the year ended 30 November 2025
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,139
10,357
Obligations under finance leases and hire purchase contracts
2,936
7,023
Trade creditors
119,160
138,314
Taxes and social security
93,162
21,405
Other creditors
1,451
1,451
9
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
2,936
10
Average number of employees
During the year the average number of employees was 13 (2024: 11).