Company No: 06364033 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

G Williams

REGISTERED OFFICE	2 Leman Street
	London
	E1W 9US
	United Kingdom

COMPANY NUMBER

06364033 (England and Wales)

ACCOUNTANT	Gravita Essex Limited
	Kings House
	101-135 Kings Road
	Brentwood
	Essex
	CM14 4DR
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	67,218		42,267
		67,218		42,267
Current assets
Debtors	4	116,140		85,327
Cash at bank and in hand		85,306		101,207
		201,446		186,534
Creditors: amounts falling due within one year	5	( 99,616)		( 93,269)
Net current assets		101,830		93,265
Total assets less current liabilities		169,048		135,532
Creditors: amounts falling due after more than one year	6	( 33,019)		( 35,264)
Net assets		136,029		100,268
Capital and reserves
Called-up share capital		100		100
Profit and loss account		135,929		100,168
Total shareholders' funds		136,029		100,268

For the financial 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.

Director's responsibilities:

• The members have 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 G.W. Drains Ltd (registered number: 06364033) were approved and authorised for issue by the Director on 24 June 2026. They were signed on its behalf by:

G Williams Director

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

G.W. Drains Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Leman Street, London, E1W 9US, United Kingdom.

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 recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

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 etc.

25 % reducing balance

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments
is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	3		3

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 October 2024	120,834		120,834
Additions	42,008		42,008
Rounding difference	0		0
At 30 September 2025	162,842		162,842
Accumulated depreciation
At 01 October 2024	78,567		78,567
Charge for the financial year	17,057		17,057
At 30 September 2025	95,624		95,624
Net book value
At 30 September 2025	67,218		67,218
At 30 September 2024	42,267		42,267

4. Debtors

	2025		2024
	£		£
Other debtors	116,140		85,327

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans and overdrafts	20,057		24,962
Trade creditors	0		1,243
Taxation and social security	60,321		60,327
Obligations under finance leases and hire purchase contracts	9,099		0
Other creditors	10,139		6,737
	99,616		93,269

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	20,502		35,264
Obligations under finance leases and hire purchase contracts	12,517		0
	33,019		35,264

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

7. Related party transactions

Transactions with the entity's director

	2025		2024
	£		£
Amounts Advanced	176,899		168,842
Amounts Repaid	(149,763)		(139,090)

At the year end the balance owing to the company was £113,048 (2024: £83,137). Interest is charged on loans at the official rate set by HMRC. The loan to the directors are repayable on demand.