REGISTERED NUMBER: 12329781 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

M & S Waterservices Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTORS:

Mrs S A Bond-Mutch

Mr R S Lazzarri

REGISTERED OFFICE:

Suite 4A

Apex

33 Victoria Street

Altrincham

WA14 1AU

REGISTERED NUMBER:

12329781 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Ltd

Chartered Accountants

Suite 4A

Apex

33 Victoria Street

Altrincham

WA14 1AU

FIXED ASSETS

Investments

4

896,092

896,092

CURRENT ASSETS

Debtors

5

7,820

7,820

CREDITORS

Amounts falling due within one year

6

(392,366

)

(324,059

)

NET CURRENT LIABILITIES

(384,546

)

(316,239

)

TOTAL ASSETS LESS CURRENT LIABILITIES

511,546

579,853

CREDITORS

Amounts falling due after more than one year

7

(18,598

)

(86,761

)

NET ASSETS

492,948

493,092

CAPITAL AND RESERVES

Called up share capital

9

10,000

10,000

Retained earnings

482,948

483,092

SHAREHOLDERS' FUNDS

492,948

493,092

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2026 and were signed on its behalf by:

Mrs S A Bond-Mutch - Director

1.	STATUTORY INFORMATION

The company is a private company limited by share capital, incorporated in England and Wales. The company's registered number can be found on the Company Information page.

The company's registered office address is:

Suite 4a

Apex

33 Victoria Street

Altrincham

WA14 1AU

The company's trading address is:

Unit 4

Jackson Court

Manor Lane Industrial Park

Hawarden

CH5 3PP

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 March 2025

and 28 February 2026

896,092

NET BOOK VALUE

At 28 February 2026

896,092

At 28 February 2025

896,092

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

7,820

7,820

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

68,744

64,065

Amounts owed to group undertakings

323,622

259,994

392,366

324,059

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

18,598

86,761

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

87,342

150,826

The bank loan is secured by fixed and floating charges over the assets and undertaking of the company. In addition, security has been provided by the company's subsidiary, M. & S. Waterservices Limited, comprising a fixed and floating charge over its assets and a legal mortgage over its freehold property at Unit 4, Jackson Court, Manor Lane, Hawarden, Deeside.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

10,000

Ordinary

1

10,000

10,000

10.	RELATED PARTY DISCLOSURES

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of M & S Waterservices Holdings Limited for the year ended 28 February 2026 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of M & S Waterservices Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of M & S Waterservices Holdings Limited and state those matters that we have agreed to state to the Board of Directors of M & S Waterservices Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M & S Waterservices Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that M & S Waterservices Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of M & S Waterservices Holdings Limited. You consider that M & S Waterservices Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of M & S Waterservices Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Bennett Brooks & Co Ltd

Chartered Accountants

Suite 4A

Apex

33 Victoria Street

Altrincham

WA14 1AU

30 September 2026