Preston Water Treatment & Facilities - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08072097 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2021

FOR

PRESTON WATER TREATMENT & FACILITIES

SERVICES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

S J Preston

REGISTERED OFFICE:

2 Park Court

Pyrford Road

West Byfleet

Surrey

KT14 6SD

REGISTERED NUMBER:

08072097 (England and Wales)

ACCOUNTANTS:

Pesters

2 Park Court

Pyrford Road

West Byfleet

Surrey

KT14 6SD

FIXED ASSETS

Tangible assets

4

4,452

3,281

CURRENT ASSETS

Debtors

5

13,485

1,994

Cash at bank

4,973

19,249

18,458

21,243

CREDITORS

Amounts falling due within one year

6

12,272

10,751

NET CURRENT ASSETS

6,186

10,492

TOTAL ASSETS LESS CURRENT LIABILITIES

10,638

13,773

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10,538

13,673

SHAREHOLDERS' FUNDS

10,638

13,773

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2021 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 8 September 2021 and were signed by:

S J Preston - Director

1.	STATUTORY INFORMATION

Preston Water Treatment & Facilities Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

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 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2020

8,238

Additions

2,516

At 31 May 2021

10,754

DEPRECIATION

At 1 June 2020

4,957

Charge for year

1,345

At 31 May 2021

6,302

NET BOOK VALUE

At 31 May 2021

4,452

At 31 May 2020

3,281

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.21

31.5.20

£

£

Trade debtors

12,356

-

Other debtors

1,129

1,994

13,485

1,994

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.21

31.5.20

£

£

Taxation and social security

12,008

10,723

Other creditors

264

28

12,272

10,751

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at the 31 May 2021 a balance of £264 (2020 - £28) was owed to Mr S Preston. This loan is interest free and is repayable on demand.