ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

WATER DIRECT MANAGEMENT LIMITED - Company Information

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Caseware UK (AP4) 2018.0.196 2018.0.196 truetrueNo description of principal activitytrue2018-05-01 04017912 2018-05-01 2019-04-30 04017912 2017-05-01 2018-04-30 04017912 2019-04-30 04017912 2018-04-30 04017912 c:Director2 2018-05-01 2019-04-30 04017912 d:CurrentFinancialInstruments 2019-04-30 04017912 d:CurrentFinancialInstruments 2018-04-30 04017912 d:ShareCapital 2019-04-30 04017912 d:ShareCapital 2018-04-30 04017912 c:OrdinaryShareClass1 2018-05-01 2019-04-30 04017912 c:OrdinaryShareClass1 2019-04-30 04017912 c:OrdinaryShareClass1 2018-04-30 04017912 c:EntityHasNeverTraded 2018-05-01 2019-04-30 04017912 c:FRS102 2018-05-01 2019-04-30 04017912 c:AuditExempt-NoAccountantsReport 2018-05-01 2019-04-30 04017912 c:FullAccounts 2018-05-01 2019-04-30 04017912 c:PrivateLimitedCompanyLtd 2018-05-01 2019-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04017912










Water Direct Management Limited








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 30 April 2019
 
Water Direct Management Limited
 

Profit and loss account
For the year ended 30 April 2019

2019
2018
£
£

  

Administrative expenses
  
-
(62)

Operating profit/(loss)
  
-
(62)

Interest receivable and similar income
  
-
25

Profit/(loss) before tax
  
-
(37)

Tax on profit/(loss)
  
-
1,005

Profit for the financial year
  
-
968

The Company has not traded during the year. During this period, the Company received no income and incurred no expenditure and therefore made neither profit or loss.

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Water Direct Management Limited
Registered number: 04017912

Balance sheet
As at 30 April 2019

2019
2018
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
700
700

  
700
700

Total assets less current liabilities
  
 
 
700
 
 
700

  

Net assets
  
700
700


Capital and reserves
  

Called up share capital 
 5 
700
700

  
700
700


For the year ended 30 April 2019 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 January 2020.




J H West
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2
 
Water Direct Management Limited
 

 
Notes to the financial statements
For the year ended 30 April 2019

1.


General information

Water Direct Management Limited is a limited liability company incorporated in England and Wales, registered number 04017912. The registered office is Standford Bridge Farm, Station Road, Pluckley, Ashford, Kent, TN27 0RU.

2.Accounting policies

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
The company's functional and presentational currency is Pounds Sterling.
The company's financial statements are presented to the nearest pound.

 
2.1

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.


3.


Employees

The average monthly number of employees, including directos, during the period was 2 (2018 - 2).


4.


Debtors

2019
2018
£
£


Amounts owed by group undertakings
700
700

700
700



5.


Share capital

2019
2018
£
£
Allotted, called up and fully paid



700 (2018 - 700) Ordinary shares of £1.00 each
700
700

Page 3
 
Water Direct Management Limited
 

 
Notes to the financial statements
For the year ended 30 April 2019

6.


Controlling party

Water Direct Management Limited is a wholly owned subsidiary of FGS Utilities Limited, the immediate parent company incorporated in Englad and Wales. The ultimate parent company is FGS Agri Limited, a company also incorporated in England and Wales, which owns 100% of the share capital in FGS Utilities Limited. 
The ultimate controlling party is T L Heathcote who is director of each of the above companies by virtue of his 80% shareholdings in FGS Agri Limited.
Water Direct Management Limited are included in the consolidated financial statements of FGS Agri Limited which are avaliable from Stanford Bridge Farm, Station Road, Pluckley, Ashford, Kent, TN27 0RU.

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