H2O Surrey Quays Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 08475874 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2023

for

H2O Surrey Quays Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr C Temple

REGISTERED OFFICE:

24 Howland Way

Surrey Quays

London

SE16 6HN

REGISTERED NUMBER:

08475874 (England and Wales)

ACCOUNTANTS:

ElanTax.com

Unit 3 Cedar Court

1 Royal Oak Yard

London

SE1 3GA

FIXED ASSETS

Tangible assets

4

3,587

4,723

CURRENT ASSETS

Debtors

5

33,621

4,487

Cash at bank

18,024

19,831

51,645

24,318

CREDITORS

Amounts falling due within one year

6

35,368

21,477

NET CURRENT ASSETS

16,277

2,841

TOTAL ASSETS LESS CURRENT LIABILITIES

19,864

7,564

PROVISIONS FOR LIABILITIES

682

898

NET ASSETS

19,182

6,666

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

19,082

6,566

SHAREHOLDERS' FUNDS

19,182

6,666

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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 23 January 2024 and were signed by:

Mr C Temple - Director

1.	STATUTORY INFORMATION

H2O Surrey Quays 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 May 2022

and 30 April 2023

935

21,405

3,545

25,885

DEPRECIATION

At 1 May 2022

763

17,557

2,842

21,162

Charge for year

34

962

140

1,136

At 30 April 2023

797

18,519

2,982

22,298

NET BOOK VALUE

At 30 April 2023

138

2,886

563

3,587

At 30 April 2022

172

3,848

703

4,723

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 May 2022

and 30 April 2023

21,405

DEPRECIATION

At 1 May 2022

17,557

Charge for year

962

At 30 April 2023

18,519

NET BOOK VALUE

At 30 April 2023

2,886

At 30 April 2022

3,848

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Trade debtors

32,946

3,720

Prepayments and accrued income

675

767

33,621

4,487

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Hire purchase contracts

-

3,909

Trade creditors

180

720

Tax

11,927

8,749

Social security and other taxes

347

319

Wages Payable-Payroll

2,480

-

Pension Creditor

241

98

VAT

12,015

6,325

Other creditors

3,909

-

CIS payable

1,740

1,000

Directors' current accounts

169

357

Accrued expenses

2,360

-

35,368

21,477

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.23

30.4.22

value:

£

£

100

Ordinary

1

100

100

8.

RESERVES

Retained

earnings

£

At 1 May 2022

6,566

Profit for the year

49,376

Dividends

(36,860

)

At 30 April 2023

19,082