REGISTERED NUMBER: 09431305 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

MIDLANDS SEWER MAINTENANCE LIMITED

Page

Company Information

1

Statement of Income and Retained Earnings

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

J D Essex

Mrs C M Sherlock

REGISTERED OFFICE:

43 Merstow Green

Evesham

Worcestershire

WR11 4BB

REGISTERED NUMBER:

09431305 (England and Wales)

ACCOUNTANTS:

Armstrongs

Chartered Accountants and Tax Advisers

1 & 2 Mercia Village

Torwood Close

Westwood Business Park

Coventry

West Midlands

CV4 8HX

TURNOVER

102,076

85,844

Cost of sales

7,869

1,387

GROSS PROFIT

94,207

84,457

Administrative expenses

71,237

56,093

22,970

28,364

Other operating income

3

-

711

OPERATING PROFIT

5

22,970

29,075

Interest receivable and similar income

27

15

22,997

29,090

Interest payable and similar expenses

180

51

PROFIT BEFORE TAXATION

22,817

29,039

Tax on profit

-

5,678

PROFIT FOR THE FINANCIAL YEAR

22,817

23,361

Retained earnings at beginning of year

4,472

3,111

Dividends

(23,590

)

(22,000

)

RETAINED EARNINGS AT END OF YEAR

3,699

4,472

FIXED ASSETS

Tangible assets

6

35,533

2,528

CURRENT ASSETS

Debtors

7

9,505

7,284

Cash at bank

9,349

6,542

18,854

13,826

CREDITORS

Amounts falling due within one year

8

20,905

11,862

NET CURRENT (LIABILITIES)/ASSETS

(2,051

)

1,964

TOTAL ASSETS LESS CURRENT LIABILITIES

33,482

4,492

CREDITORS

Amounts falling due after more than one year

9

29,763

-

NET ASSETS

3,719

4,492

CAPITAL AND RESERVES

Called up share capital

20

20

Retained earnings

3,699

4,472

SHAREHOLDERS' FUNDS

3,719

4,492

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 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.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2026 and were signed on its behalf by:

J D Essex - Director

1.	STATUTORY INFORMATION

Midlands Sewer Maintenance 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 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.

Plant and machinery

-

25% on reducing balance

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.	OTHER OPERATING INCOME

2026

2025

£

£

Government grants

-

711

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

5.	OPERATING PROFIT

The operating profit is stated after charging:

2026

2025

£

£

Depreciation - owned assets

11,845

844

6.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2025

13,322

-

13,322

Additions

3,950

40,900

44,850

At 31 March 2026

17,272

40,900

58,172

DEPRECIATION

At 1 April 2025

10,794

-

10,794

Charge for year

1,620

10,225

11,845

At 31 March 2026

12,414

10,225

22,639

NET BOOK VALUE

At 31 March 2026

4,858

30,675

35,533

At 31 March 2025

2,528

-

2,528

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

5,090

7,284

VAT

4,415

-

9,505

7,284

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

200

1,400

Hire purchase contracts

7,599

-

Trade creditors

389

139

Corporation tax

-

5,678

VAT

-

3,199

Other creditors

12,039

792

Directors' current accounts

78

79

Accrued expenses

600

575

20,905

11,862

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

29,763

-