REGISTERED NUMBER: 03196675 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2026

FOR

DEWATERING SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J R Usherwood

Mrs J A Usherwood

REGISTERED OFFICE:

Millbuck Way

Springvale Industrial Estate

Elworth Sandbach

Cheshire

CW11 3HT

REGISTERED NUMBER:

03196675 (England and Wales)

ACCOUNTANTS:

Banks & Co Limited

Chartered Certified Accountants

1 Carnegie Road

Newbury

Berkshire

RG14 5DJ

FIXED ASSETS

Tangible assets

4

690,775

654,537

CURRENT ASSETS

Stocks

5

45,593

33,122

Debtors

6

530,067

786,430

Cash at bank and in hand

1,286,253

1,219,713

1,861,913

2,039,265

CREDITORS

Amounts falling due within one year

7

261,153

392,653

NET CURRENT ASSETS

1,600,760

1,646,612

TOTAL ASSETS LESS CURRENT LIABILITIES

2,291,535

2,301,149

PROVISIONS FOR LIABILITIES

8

139,678

142,302

NET ASSETS

2,151,857

2,158,847

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Capital redemption reserve

2,000

2,000

Retained earnings

2,148,857

2,155,847

SHAREHOLDERS' FUNDS

2,151,857

2,158,847

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 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 17 August 2026 and were signed on its behalf by:

J R Usherwood - Director

1.	STATUTORY INFORMATION

Dewatering Services Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 03196675 and the registered office is Millbuck Way, Springvale Industrial Estate, Elworth Sandbach, Cheshire, CW11 3 HT.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

The rates above reflect the rate of depreciation applied consistently in the current and previous financial statements. In previous years the rate of depreciation within the accounting policies was incorrect.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Research and development

Expenditure on research and development is charged to the profit and loss account in the year in which it was incurred. Income received from Research and Development tax credit applications is accounted for on a receipts basis.

Hire purchase and leasing commitments

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 16 (2025 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 June 2025

79,352

1,540,893

46,532

Additions

35,287

172,309

4,425

Disposals

-

(75,400

)

-

At 31 May 2026

114,639

1,637,802

50,957

DEPRECIATION

At 1 June 2025

35,823

1,014,754

36,443

Charge for year

7,767

154,509

1,568

Eliminated on disposal

-

(53,531

)

-

At 31 May 2026

43,590

1,115,732

38,011

NET BOOK VALUE

At 31 May 2026

71,049

522,070

12,946

At 31 May 2025

43,529

526,139

10,089

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 June 2025

82,672

4,210

1,753,659

Additions

33,890

1,608

247,519

Disposals

-

-

(75,400

)

At 31 May 2026

116,562

5,818

1,925,778

DEPRECIATION

At 1 June 2025

11,566

536

1,099,122

Charge for year

24,836

732

189,412

Eliminated on disposal

-

-

(53,531

)

At 31 May 2026

36,402

1,268

1,235,003

NET BOOK VALUE

At 31 May 2026

80,160

4,550

690,775

At 31 May 2025

71,106

3,674

654,537

5.

STOCKS

2026

2025

£

£

Stocks

45,593

33,122

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

474,753

713,679

Other debtors

4,250

4,477

VAT

38,171

56,550

Prepayments and accrued income

12,893

11,724

530,067

786,430

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

91,344

84,598

Tax

118,825

283,235

Social security and other taxes

24,229

15,087

Other creditors

9,247

4,450

Accrued expenses

17,508

5,283

261,153

392,653

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

139,678

142,302

Deferred

tax

£

Balance at 1 June 2025

142,302

Credit to Income Statement during year

(2,624

)

Balance at 31 May 2026

139,678

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1,000

Ordinary

£1

1,000

1,000

10.	PENSION COMMITMENTS

The company runs defined contributions pension schemes, the contributions to which are held in a separately administered fund. During the year the company made contributions of £131,971 (2025 - £105,893) to the fund. Contributions of £4,086 (2025 - £3,689) were outstanding at the year end.

11.	OTHER FINANCIAL COMMITMENTS

At 31 May 2026 the company had total commitments under non-cancellable operating leases which are not included in the balance sheet of £14,375 (2025 - £30,875).