REGISTERED NUMBER: 06791005 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Essential Water Services (UK) Ltd

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

185,656

230,627

Investment property

5

1,935,000

1,685,000

2,120,656

1,915,627

CURRENT ASSETS

Stocks

2,238,870

2,027,613

Debtors

330,970

443,366

Cash at bank

553,156

852,000

3,122,996

3,322,979

CREDITORS

Amounts falling due within one year

357,124

399,571

NET CURRENT ASSETS

2,765,872

2,923,408

TOTAL ASSETS LESS CURRENT LIABILITIES

4,886,528

4,839,035

CAPITAL AND RESERVES

Called up share capital

7

316

316

Capital redemption reserve

684

684

Retained earnings

4,885,528

4,838,035

SHAREHOLDERS' FUNDS

4,886,528

4,839,035

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 1 September 2026 and were signed by:

J Kitchener - Director

1.	STATUTORY INFORMATION

Essential Water Services (UK) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06791005

Registered office:

Pixsmore Avenue

Letchworth Garden City

Hertfordshire

SG6 1FQ

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" and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention with the exception of Investment Properties. Under Section 16 of FRS 102, Investment Properties are valued using the fair value method.

The director believes that the company will continue to be profitable and will have adequate cash resources in order to pay all of its creditors as they fall due for the foreseeable future and for at least 12 months from the date of signing of these financial statements.

The director has assessed the risk related to loss of contracts and has continued to diversify the company client base to reduce this risk and will continue to do so in the future.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions which impact on the reported amounts of assets and liabilities. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Turnover relating to the sale of property developments are recognised on exchange of contract.

Where retentions are withheld by the customer, the amounts receivable are only included in turnover when it becomes probable that the retention will be received. When the retention is recognised, any costs incurred in ensuring that the retention is receivable are accrued for.

Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Freehold land is not depreciated. Freehold buildings are depreciated on a reducing balance basis at 15% per annum.

Freehold property improvements are depreciated on a reducing balance basis at 15% per annum.

All tangible fixed assets are reviewed for impairment on an annual basis by the directors.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss.

The director's valuation is conducted based on rental yield.

Stocks

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

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition.

Included in stock are three property development projects that the company is currently developing with the view to resell in the short term.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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

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 NIL (2025 - 15 ).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2025

425,581

Disposals

(45,439

)

At 31 January 2026

380,142

DEPRECIATION

At 1 February 2025

194,954

Charge for year

34,754

Eliminated on disposal

(35,222

)

At 31 January 2026

194,486

NET BOOK VALUE

At 31 January 2026

185,656

At 31 January 2025

230,627

Included in cost of land and buildings is freehold land of £ 53,778 (2025 - £ 53,778 ) which is not depreciated.

5.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 February 2025

1,685,000

Additions

245,975

Revaluations

4,025

At 31 January 2026

1,935,000

NET BOOK VALUE

At 31 January 2026

1,935,000

At 31 January 2025

1,685,000

The director has considered the valuation of the investment property held by Essential Water Services (UK) Limited and it was determined that a fair value adjustment was required of £4,025.

Cost or valuation at 31 January 2026 is represented by:

£

Valuation in 2023

(7,890

)

Valuation in 2024

(183,726

)

Valuation in 2025

(76,905

)

Valuation in 2026

4,025

Cost

2,199,496

1,935,000

6.	DEFERRED TAX

£

Balance at 1 February 2025

(28,921

)

Revaluation

1,006

Accelerated capital allowances

(10,343

)

Balance at 31 January 2026

(38,258

)

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

316

Ordinary

£1

316

316

8.	PENSION COMMITMENTS

The company operates a defined contribution scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £126,740 (2025 - £74,800). The pension contributions outstanding at the year end amounted to £2,253 (2025 - £2,902).

9.	RELATED PARTY DISCLOSURES

At the year end the company owed £139,228 (2025: £139,228) to Essential Property LLP, this amount is interest free and repayable within one year. The company is related to Essential Property LLP by virtue of their shareholder and director in common.

During the year the company received £12,000 (2025: £12,000) in rental income from Essential Safety Wear Limited. The company is related to Essential Safety Wear Limited by virtue of their shareholder and director in common.