RPS DRAINAGE SERVICES LIMITED


Directors	CHANDLER, Mark
	TURNER, Philip James


Company Secretary	CHANDLER, Mark


Registered Address	The Old Ticket Office Station Approach
	Wanborough
	Guildford
	GU3 2EX


Registered Number	04485248 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		99,857		126,503
			99,857		126,503
Current assets
Debtors	5	485,097		488,456
Cash at bank and on hand		87,240		1,021
		572,337		489,477
Creditors amounts falling due within one year	6	(613,375)		(539,605)
Net current assets (liabilities)			(41,038)		(50,128)
Total assets less current liabilities			58,819		76,375
Creditors amounts falling due after one year	7		(33,230)		(45,630)
Provisions for liabilities	9		(22,610)		(30,702)
Net assets			2,979		43
Capital and reserves
Called up share capital			20		20
Profit and loss account			2,959		23
Shareholders' funds			2,979		43

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 26 November 2025, and are signed on its behalf by:

CHANDLER, Mark
Director
Registered Company No. 04485248

RPS DRAINAGE SERVICES LIMITED

Notes to the Financial Statements
for the year ended 30 September 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 represents amounts receivable for services net of VAT and trade discounts. Revenue from contracts is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. 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 represents amounts receivable for services net of VAT and trade discounts.

Revenue from contracts is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. 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 rendering of services
	Revenue 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.

	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.

	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. 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. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are amortised over the expected life of the asset

	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: Fixtures and Fittings : 10% Motor Vehicles : 25% Plant and Machinery : 10%

	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.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	24		29

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 October 24	50,000	50,000
At 30 September 25	50,000	50,000
Amortisation and impairment
At 01 October 24	50,000	50,000
At 30 September 25	50,000	50,000
Net book value
At 30 September 25	-	-
At 30 September 24	-	-

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£
Cost or valuation
At 01 October 24	75,000	135,150	14,570	224,720
Additions	5,430	19,250	2,571	27,251
Disposals	-	(48,950)	-	(48,950)
At 30 September 25	80,430	105,450	17,141	203,021
Depreciation and impairment
At 01 October 24	36,651	55,161	6,405	98,217
Charge for year	7,806	21,276	1,332	30,414
On disposals	-	(25,467)	-	(25,467)
At 30 September 25	44,457	50,970	7,737	103,164
Net book value
At 30 September 25	35,973	54,480	9,404	99,857
At 30 September 24	38,349	79,989	8,165	126,503

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	406,127	287,609
Other debtors	50,757	164,782
Prepayments and accrued income	28,213	36,065
Total	485,097	488,456


	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.

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.

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	130,822	165,557
Bank borrowings and overdrafts	282,904	208,080
Taxation and social security	173,899	141,185
Finance lease and HP contracts	21,534	18,069
Other creditors	4,216	6,714
Total	613,375	539,605


	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	-	7,046
Other creditors	33,230	38,584
Total	33,230	45,630


	Long Term Creditors comprise the long-term portion of a Coronavirus Bounce Back Loan and the long-term portion of a Hire Purchase Loan.

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	54,765		56,653

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	22,610	30,702
Total	22,610	30,702

10.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
CHANDLER, Mark	75,744	80,921	156,665	0
Loan fully repaid by 30 Sep 2025
TURNER, Philip James	40,096	56,649	96,745	0
Loan fully repaid by 30 Sep 2025
	115,840	137,570	253,410	0