Tanker And Drain Solutions Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06997019 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st October 2025

for

Tanker And Drain Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G A Lapidge

M R M Larkin

SECRETARIES:

Mrs A Lapidge

Mrs D Larkin

REGISTERED OFFICE:

Unit 7

Oakleigh Yard

Paynes Lane

Nazeing

Essex

EN9 2EU

REGISTERED NUMBER:

06997019 (England and Wales)

ACCOUNTANTS:

Apple Advisory Group Ltd

Chartered Management Accountants

12b Sun Street

Waltham Abbey

Essex

EN9 1EE

FIXED ASSETS

Tangible assets

4

1,037,347

1,091,555

CURRENT ASSETS

Debtors

5

259,159

234,659

Cash at bank and in hand

156,536

173,694

415,695

408,353

CREDITORS

Amounts falling due within one year

6

260,636

229,133

NET CURRENT ASSETS

155,059

179,220

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,192,406

1,270,775

CREDITORS

Amounts falling due after more than one year

7

(487,858

)

(562,405

)

PROVISIONS FOR LIABILITIES

(40,410

)

(52,546

)

NET ASSETS

664,138

655,824

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

664,038

655,724

SHAREHOLDERS' FUNDS

664,138

655,824

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16th June 2026 and were signed on its behalf by:

G A Lapidge - Director

1.	STATUTORY INFORMATION

Tanker And Drain Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

2% on cost

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1st November 2024

887,040

914,004

1,801,044

Additions

-

5,500

At 31st October 2025

887,040

919,504

1,806,544

DEPRECIATION

At 1st November 2024

5,667

703,822

709,489

Charge for year

5,666

54,042

59,708

At 31st October 2025

11,333

757,864

769,197

NET BOOK VALUE

At 31st October 2025

875,707

161,640

1,037,347

At 31st October 2024

881,373

210,182

1,091,555

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1st November 2024

and 31st October 2025

94,382

DEPRECIATION

At 1st November 2024

53,458

Charge for year

10,231

At 31st October 2025

63,689

NET BOOK VALUE

At 31st October 2025

30,693

At 31st October 2024

40,924

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

103,847

90,861

Other debtors

155,312

143,798

259,159

234,659

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

56,292

60,485

Hire purchase contracts

15,876

Trade creditors

21,805

18,257

Taxation and social security

115,122

111,831

Other creditors

51,541

22,684

260,636

229,133

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

485,212

543,882

Hire purchase contracts

2,646

18,523

487,858

562,405

8.	RELATED PARTY DISCLOSURES

At year end the company was owed £150,511 (2024 - £141,510) by TADS Investments Ltd, a company under the control of the Directors. All loans are interest free and repayable on demand.

9.	CONTROLLING INTEREST

The company continued to be controlled by Mr G A Lapidge and Mr M R M Larkin.