Managed Water Limited


Directors	Mr M J Holdstock
	Mr K R Smith
	Mr B M Szyczak


Registered Address	1st Floor, 11 Freeport Office Village
	Century Drive
	Braintree
	CM77 8YG


Registered Number	05623756 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		13,166		18,498
			13,166		18,498
Current assets
Stocks	4	17,000		14,000
Debtors	5	777,487		516,486
Cash at bank and on hand		115,325		137,170
		909,812		667,656
Creditors amounts falling due within one year	6	(427,939)		(316,749)
Net current assets (liabilities)			481,873		350,907
Total assets less current liabilities			495,039		369,405
Creditors amounts falling due after one year	7		-		(13,637)
Provisions for liabilities	8		(3,292)		(4,625)
Net assets			491,747		351,143
Capital and reserves
Called up share capital			150		150
Profit and loss account			491,597		350,993
Shareholders' funds			491,747		351,143

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 17 August 2026, and are signed on its behalf by:

Mr K R Smith
Director
Registered Company No. 05623756

Managed Water Limited

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognized when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognized 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.

Revenue from sale of goods

Turnover from the sale of goods is recognized when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognized 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.

	Operating leases
	Where, substantially, all the risks and rewards of ownership of the asset do not transfer from the lessor to the company, the lease is treated as an operating lease. Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	25	-
Plant and machinery	25	-
Fixtures and fittings	25	-
Office Equipment	-	3

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	28		22

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 January 25	15,000	1,194	5,746	11,083	33,023
Additions	-	-	400	-	400
At 31 December 25	15,000	1,194	6,146	11,083	33,423
Depreciation and impairment
At 01 January 25	5,859	373	1,341	6,952	14,525
Charge for year	2,285	205	1,177	2,065	5,732
At 31 December 25	8,144	578	2,518	9,017	20,257
Net book value
At 31 December 25	6,856	616	3,628	2,066	13,166
At 31 December 24	9,141	821	4,405	4,131	18,498

4.	Stocks

	2025	2024
	£	£
Other stocks	17,000	14,000
Total	17,000	14,000

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	548,213	304,635
Other debtors	213,195	199,030
Prepayments and accrued income	16,079	12,821
Total	777,487	516,486

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	156,367	117,406
Bank borrowings and overdrafts	29,093	71,079
Taxation and social security	197,221	117,970
Other creditors	-	6,881
Accrued liabilities and deferred income	45,258	3,413
Total	427,939	316,749


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	13,637
Total	-	13,637

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	3,292	4,625
Total	3,292	4,625

9.	Operating lease commitments
	At 31 December 2025, the company had total financial commitments under non-cancellable operating leases of £533,597 (2024: £318,283)

10.	Directors advances, credits and guarantees
	During the year the following advances and credits were made to directors, Director 1, advances £71,937 (2024 £66,138) credits £67,000 (2024 £55,000), year end balance £71,840 (2024 £66,903). Director 2, advances £72,100 (2024 £67,794) credits £67,000 (2024 £55,000), year end balance £72,029 (2024 £66,929). Director 3, advances £70,768 (2024 £64,466) credits £67,000 (2024 £55,000), year end balance £68,328 (2024 £64,560). Interest has been charged on loan at 2.25% until 05/04/2025 and 3.75% from 06/04/2025 (2024 2.25%).

10.

Directors advances, credits and guarantees

During the year the following advances and credits were made to directors, 

Director 1, advances £71,937 (2024 £66,138) credits £67,000 (2024 £55,000), year end balance £71,840 (2024 £66,903). 
Director 2, advances £72,100 (2024 £67,794) credits £67,000 (2024 £55,000), year end balance £72,029 (2024 £66,929). 
Director 3, advances £70,768 (2024 £64,466) credits £67,000 (2024 £55,000), year end balance £68,328 (2024 £64,560). 

Interest has been charged on loan at 2.25% until 05/04/2025 and 3.75% from 06/04/2025 (2024 2.25%).