REGISTERED NUMBER: 05747916 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

PRIMARY WATER TREATMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G J Jones

SECRETARY:

Mrs P J Jones

REGISTERED OFFICE:

58 Lords Street

Cadishead

Manchester

M44 5FF

REGISTERED NUMBER:

05747916 (England and Wales)

ACCOUNTANTS:

WatkinsonBlack

1st Floor

264 Manchester Road

Warrington

Cheshire

WA1 3RB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

446,056

508,121

446,056

508,121

CURRENT ASSETS

Stocks

34,783

118,419

Debtors

6

694,587

1,099,814

Cash at bank and in hand

45,560

41,910

774,930

1,260,143

CREDITORS

Amounts falling due within one year

7

474,807

696,350

NET CURRENT ASSETS

300,123

563,793

TOTAL ASSETS LESS CURRENT LIABILITIES

746,179

1,071,914

CREDITORS

Amounts falling due after more than one year

8

(139,242

)

(239,602

)

PROVISIONS FOR LIABILITIES

(84,751

)

(92,142

)

NET ASSETS

522,186

740,170

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

522,085

740,069

522,186

740,170

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 19 November 2025 and were signed by:

G J Jones - Director

1.	STATUTORY INFORMATION

Primary Water Treatments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 18 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

5,407

AMORTISATION

At 1 April 2024

and 31 March 2025

5,407

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

12,279

1,083,002

1,095,281

Additions

-

40,365

40,365

At 31 March 2025

12,279

1,123,367

1,135,646

DEPRECIATION

At 1 April 2024

12,279

574,881

587,160

Charge for year

-

102,430

102,430

At 31 March 2025

12,279

677,311

689,590

NET BOOK VALUE

At 31 March 2025

-

446,056

446,056

At 31 March 2024

-

508,121

508,121

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

195,975

546,045

Amounts owed by group undertakings

213,365

213,365

Other debtors

285,247

340,404

694,587

1,099,814

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

148,383

88,023

Hire purchase contracts

37,217

128,461

Trade creditors

170,954

180,286

Amounts owed to group undertakings

37,735

11,292

Taxation and social security

19,782

146,166

Other creditors

60,736

142,122

474,807

696,350

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

16,667

66,667

Hire purchase contracts

122,575

172,935

139,242

239,602

9.	BUSINESS PERFORMANCE

The results for the year reflect a challenging period for the business. During the year, a key director left the company unexpectedly, which had a direct impact on turnover and the delivery of several projects. In addition, one of our major clients entered administration, resulting in a significant bad debt and disruption to ongoing work.

The wider industry has also been affected by changes to planning regulations within the construction sector, which have caused delays to project start dates across the country. These combined factors have led to a reduction in turnover and the reported loss for the year.

Management remains confident in the long-term prospects of the business. The company continues to have a solid asset base, good client relationships, and a healthy order pipeline once deferred projects commence.