Mitchell Drainage and Environmental Solutions Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 03636184

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		267
Tangible Assets	5		444,608		529,042

			444,608		529,309
CURRENT ASSETS
Debtors	6	1,574,402		1,856,182
Cash at bank and in hand		162,689		410,599

		1,737,091		2,266,781
Creditors: Amounts Falling Due Within One Year	7	(471,056 )		(823,584 )

NET CURRENT ASSETS (LIABILITIES)			1,266,035		1,443,197

TOTAL ASSETS LESS CURRENT LIABILITIES			1,710,643		1,972,506

Creditors: Amounts Falling Due After More Than One Year	8		(204,564 )		(395,367 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(111,153 )		(138,795 )

NET ASSETS			1,394,926		1,438,344

CAPITAL AND RESERVES
Called up share capital	10		2		2
Share premium account			59,999		59,999
Profit and Loss Account			1,334,925		1,378,343

SHAREHOLDERS' FUNDS			1,394,926		1,438,344

Page 1

Page 2

Mitchell Drainage and Environmental Solutions Ltd

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Miss J Mitchell

Director

4 June 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Mitchell Drainage and Environmental Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03636184 . The registered office is Unit 5 Barberry Court, Callister Way, Centrum 100, Burton On Trent, DE14 2UE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are computer software costs. It is amortised to profit and loss account over its estimated economic life of 5 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	10 years straight line
Motor Vehicles	7 years straight line
Fixtures & Fittings	7 years straight line
Computer Equipment	3 years straight line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

Page 3

Page 4

Mitchell Drainage and Environmental Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 25 (2024: 25)

4. Intangible Assets

	Other
	£
Cost
As at 1 October 2024	2,000

As at 30 September 2025	2,000

Amortisation
As at 1 October 2024	1,733
Provided during the period	267

As at 30 September 2025	2,000

Net Book Value
As at 30 September 2025	-

As at 1 October 2024	267

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 October 2024	296,099	702,867	6,567	46,873	1,052,406
Additions	612	26,507	313	953	28,385
Disposals	(7,623 )	(27,883 )	-	-	(35,506 )

As at 30 September 2025	289,088	701,491	6,880	47,826	1,045,285

Depreciation
As at 1 October 2024	74,077	404,790	4,333	40,164	523,364
Provided during the period	28,582	79,466	717	4,054	112,819
Disposals	(7,623 )	(27,883 )	-	-	(35,506 )

As at 30 September 2025	95,036	456,373	5,050	44,218	600,677

...CONTINUED

Page 4

Page 5

Mitchell Drainage and Environmental Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

Net Book Value
As at 30 September 2025	194,052	245,118	1,830	3,608	444,608

As at 1 October 2024	222,022	298,077	2,234	6,709	529,042

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	357,596	664,417
Prepayments and accrued income	-	63,037
Other debtors	-	41,313

	357,596	768,767
Due after more than one year
Amounts owed by group undertakings	1,216,806	1,087,415

	1,574,402	1,856,182

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	104,344	107,198
Trade creditors	140,151	217,115
Bank loans and overdrafts	86,458	152,500
Corporation tax	62,890	220,924
Other taxes and social security	-	15,685
VAT	55,796	100,015
Other creditors	14,420	3,150
Accruals and deferred income	6,997	6,997

	471,056	823,584

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	149,564	253,909
Bank loans	55,000	141,458

	204,564	395,367

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	104,344	107,198
Later than one year and not later than five years	149,564	253,909

	253,908	361,107

	253,908	361,107

Page 5

Page 6

Mitchell Drainage and Environmental Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

11. Related Party Transactions

Mitchell Drainage and Environmental Solutions Ltd has a loan receivable of £40,439 (2024 : £42,649) from its parent company, Mid-Counties Investments Limited , which is repayable on demand and interest-free.

Mitchell Drainage and Environmental Solutions Ltd has a loan receivable of £1,176,366 (2024 : £1,044,766) from its ultimate parent company, Mitchell Drainage Civils and Waste Ltd , which is repayable on demand and interest-free.

12. Ultimate Controlling Party

The company's ultimate controlling party is J Mitchell & N Mitchell by virtue of their 100% ownership of Mitchell Drainage Civils and Waste Limited, the parent company.

Page 6