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Company Registration No. 11025194 (England and Wales)
ON TAP SERVICES LIMITED Unaudited accounts for the year ended 31 October 2025
ON TAP SERVICES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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ON TAP SERVICES LIMITED Company Information for the year ended 31 October 2025
Directors
Craig Michael Tapner Stephen Colwyn Hunt
Company Number
11025194 (England and Wales)
Registered Office
Richlands MAESTEG ROAD, Tondu Bridgend CF32 9BT United Kingdom
Accountants
Richlands Accountancy Limited Richlands Maesteg Road Tondu Bridgend CF32 9BT
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ON TAP SERVICES LIMITED Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
26,233
30,040
Current assets
Inventories
17,346
6,500
Debtors
5
50,412
68,049
Cash at bank and in hand
6,206
41,960
73,964
116,509
Creditors: amounts falling due within one year
6
(86,113)
(97,874)
Net current (liabilities)/assets
(12,149)
18,635
Net assets
14,084
48,675
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
13,984
48,575
Shareholders' funds
14,084
48,675
For the year ending 31 October 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 8 July 2026 and were signed on its behalf by
Craig Michael Tapner Director Company Registration No. 11025194
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ON TAP SERVICES LIMITED Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
ON TAP SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11025194. The registered office is Richlands, MAESTEG ROAD,, Tondu, Bridgend, CF32 9BT, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
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ON TAP SERVICES LIMITED Notes to the Accounts for the year ended 31 October 2025
4
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 November 2024
20,316
49,285
2,601
8,463
80,665
Additions
2,020
2,917
-
-
4,937
At 31 October 2025
22,336
52,202
2,601
8,463
85,602
Depreciation
At 1 November 2024
14,535
29,309
1,834
4,947
50,625
Charge for the year
1,950
5,723
192
879
8,744
At 31 October 2025
16,485
35,032
2,026
5,826
59,369
Net book value
At 31 October 2025
5,851
17,170
575
2,637
26,233
At 31 October 2024
5,781
19,976
767
3,516
30,040
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
38,961
33,870
Other debtors
11,451
34,179
50,412
68,049
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
9,132
14,494
VAT
4,925
13,415
Trade creditors
30,306
28,109
Taxes and social security
28,179
36,340
Other creditors
-
1,512
Loans from directors
11,571
-
Accruals
2,000
4,004
86,113
97,874
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 10 (2024: 12).
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