Avon Water Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06467017 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2018

for

Avon Water Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs C C Scott

Mr R Scott

SECRETARY:

Ms E L Preston

REGISTERED OFFICE:

32 Demontfort Street

Leicester

Leicestershire

LE1 7GD

BUSINESS ADDRESS:

29 Faire Road

Glenfield

Leicester

Leicestershire

LE3 8EE

REGISTERED NUMBER:

06467017 (England and Wales)

ACCOUNTANTS:

Pinnacle

Chartered Certified Accountants

& Registered Auditors

32 DeMontfort Street

Leicester

Leicestershire

LE1 7GD

FIXED ASSETS

Tangible assets

5

507

621

CURRENT ASSETS

Debtors

6

8,372

12,609

Cash at bank

4,334

25,103

12,706

37,712

CREDITORS

Amounts falling due within one year

7

12,996

36,606

NET CURRENT (LIABILITIES)/ASSETS

(290

)

1,106

TOTAL ASSETS LESS CURRENT LIABILITIES

217

1,727

PROVISIONS FOR LIABILITIES

97

124

NET ASSETS

120

1,603

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

20

1,503

SHAREHOLDERS' FUNDS

120

1,603

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 18 September 2018 and were signed on its behalf by:

Mr R Scott - Director

1.	STATUTORY INFORMATION

Avon Water 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.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Fixtures and fittings

-

15% on cost

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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 February 2017

and 31 January 2018

2,372

DEPRECIATION

At 1 February 2017

1,751

Charge for year

114

At 31 January 2018

1,865

NET BOOK VALUE

At 31 January 2018

507

At 31 January 2017

621

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.18

31.1.17

£

£

Trade debtors

6,154

12,387

Other debtors

2,218

222

8,372

12,609

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.18

31.1.17

£

£

Trade creditors

7,381

11,146

Taxation and social security

4,840

7,622

Other creditors

775

17,838

12,996

36,606

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.18

31.1.17

value:

£

£

100

Ordinary shares

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 February 2017

1,503

Profit for the year

12,817

Dividends

(14,300

)

At 31 January 2018

20

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2018 and

31 January 2017:

31.1.18

31.1.17

£

£

Mrs C C Scott and Mr R Scott

Balance outstanding at start of year

-

-

Amounts advanced

2,032

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,032

-

At 31 January 2018, company owed £nil (2017 - £5,423) to the directors. The loan is interest free and repayable

on demand.

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £14,300 were paid to the directors .

12.	ULTIMATE CONTROLLING PARTY

The company is not controlled by any single individual.