DRAINS 4 LESS LIMITED - Filleted accounts

DRAINS 4 LESS LIMITED
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		22,671			28,338

Current assets
Stocks		300			300
Debtors	4	2,129			4,351
Cash at bank and in hand		15,426			8,649

		17,855			13,300
Creditors: amounts falling due within one year	5	(17,560)			(18,703)

Net current assets/(liabilities)			295			(5,403)

Total assets less current liabilities			22,966			22,935

Provisions for liabilities			(3,487)			(4,384)

Net assets			19,479			18,551

Capital and reserves
Called up share capital			100			100
Profit and loss account			19,379			18,451

Shareholders' funds			19,479			18,551


The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C. RAHMATALLA
Director
Approved by the board on 24 August 2026

DRAINS 4 LESS LIMITED
Notes to the Accounts
for the year ended 30 November 2025






1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

	Plant and machinery	10% reducing balance basis
	Fixtures, fittings, tools and equipment	20% reducing balance basis

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction 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.



	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. 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. 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. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			3		3




3	Tangible fixed assets
		Plant and machinery etc		Fixtures, fittings tools and equipment		Total
£			£		£
	Cost
	At 1 December 2024	80,882		2,237		83,119
	At 30 November 2025	80,882		2,237		83,119

	Depreciation
	At 1 December 2024	52,966		1,815		54,781
	Charge for the year	5,583		84		5,667
	At 30 November 2025	58,549		1,899		60,448

	Net book value
	At 30 November 2025	22,333		338		22,671
	At 30 November 2024	27,916		422		28,338


4	Debtors			2025		2024
£					£

	Trade debtors			2,129		4,351






5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			2,580		2,284
	Corporation tax			1,606		2,985
	Directors loan account			13,374		13,434
				17,560		18,703


6	Controlling party
	Mr. and Mrs. Rahmatalla, the directors of the company at the Balance Sheet date, own 60% and 40% respectively of the issued share capital of the company.


7	Other information
	DRAINS 4 LESS LIMITED is a private company limited by shares and incorporated in England (Company Number 05811146). Its registered office is 7, Loring Road, Newcastle-under-Lyme, Staffordshire, ST5 8EF .