REGISTERED NUMBER: 08394138 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Water & Air Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Goddard

REGISTERED OFFICE:

The Old Schoolhouse

5-7 Byrom Street

Manchester

M3 4PF

REGISTERED NUMBER:

08394138 (England and Wales)

ACCOUNTANTS:

Pareto Tax & Wealth LLP

The Old Schoolhouse

5-7 Byrom Street

Manchester

M3 4PF

FIXED ASSETS

Tangible assets

4

165,748

156,660

CURRENT ASSETS

Debtors

5

222,018

309,841

Cash at bank

19,037

-

241,055

309,841

CREDITORS

Amounts falling due within one year

6

218,166

238,436

NET CURRENT ASSETS

22,889

71,405

TOTAL ASSETS LESS CURRENT LIABILITIES

188,637

228,065

CREDITORS

Amounts falling due after more than one year

7

(113,938

)

(100,935

)

PROVISIONS FOR LIABILITIES

(30,209

)

(27,220

)

NET ASSETS

44,490

99,910

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

44,390

99,810

SHAREHOLDERS' FUNDS

44,490

99,910

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 June 2026 and were signed by:

M Goddard - Director

1.	STATUTORY INFORMATION

Water & Air Management Limited 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 represents net invoiced sales of goods and services, excluding value added tax.

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.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 20% 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.

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 15 (2025 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

307,865

Additions

67,732

Disposals

(47,365

)

At 31 March 2026

328,232

DEPRECIATION

At 1 April 2025

151,205

Charge for year

45,065

Eliminated on disposal

(33,786

)

At 31 March 2026

162,484

NET BOOK VALUE

At 31 March 2026

165,748

At 31 March 2025

156,660

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

Plant and

machinery

etc

£

COST

At 1 April 2025

250,995

Additions

64,110

Disposals

(47,365

)

Transfer to ownership

(28,953

)

At 31 March 2026

238,787

DEPRECIATION

At 1 April 2025

106,137

Charge for year

41,888

Eliminated on disposal

(33,786

)

Transfer to ownership

(22,083

)

At 31 March 2026

92,156

NET BOOK VALUE

At 31 March 2026

146,631

At 31 March 2025

144,858

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

99,226

170,643

Other debtors

122,792

139,198

222,018

309,841

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

1,666

34,530

Hire purchase contracts

39,795

31,844

Trade creditors

-

52,628

Taxation and social security

174,078

94,517

Other creditors

2,627

24,917

218,166

238,436

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

1,667

Hire purchase contracts

113,938

99,268

113,938

100,935

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31st March 2026, M A Goddard owed the company £105,382 (2025: £132,010). Interest was charged on the loan at 3.75% per annum.

9.	RELATED PARTY DISCLOSURES

At 31 March 2026 the company owed £Nil (2025: £22,000) to Mark 1 Fire Solutions Limited, a company in which M Goddard is a shareholder and director.

Included in trade creditors at 31 March 2026 the company owed £Nil (2025: £52,628) to Mark 1 Fire Solutions Limited.

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by M A Goddard, director and principal shareholder.