LONDON DRAINAGE SERVICES LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09903306

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		43,332		28,972

			43,332		28,972
CURRENT ASSETS
Debtors	5	230,469		271,867
Cash at bank and in hand		508,737		362,367

		739,206		634,234
Creditors: Amounts Falling Due Within One Year	6	(307,726 )		(297,546 )

NET CURRENT ASSETS (LIABILITIES)			431,480		336,688

TOTAL ASSETS LESS CURRENT LIABILITIES			474,812		365,660

Creditors: Amounts Falling Due After More Than One Year	7		-		(15,646 )

NET ASSETS			474,812		350,014

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			474,811		350,013

SHAREHOLDERS' FUNDS			474,812		350,014

Page 1

Page 2

LONDON DRAINAGE SERVICES LTD

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Michael Agnew

Director

09/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

LONDON DRAINAGE SERVICES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 09903306 . The registered office is 36 Park Street Lane, St Albans, AL2 2JB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25
Motor Vehicles	33
Fixtures & Fittings	25
Computer Equipment	25

Page 3

Page 4

LONDON DRAINAGE SERVICES LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 6)

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 January 2025	264,355
Additions	107,056

As at 31 December 2025	371,411

Depreciation
As at 1 January 2025	235,383
Provided during the period	92,696

As at 31 December 2025	328,079

Net Book Value
As at 31 December 2025	43,332

As at 1 January 2025	28,972

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	214,548	253,862
Other debtors	15,921	18,005

	230,469	271,867

Page 4

Page 5

LONDON DRAINAGE SERVICES LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	109,359	117,754
Bank loans and overdrafts	5,274	-
Taxation and social security	193,093	179,792

	307,726	297,546

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	15,646

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

Page 5