MEDI-PLUMB INSTALLATIONS LIMITED

Company Registration Number:
05484850 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

MEDI-PLUMB INSTALLATIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

MEDI-PLUMB INSTALLATIONS LIMITED

Balance sheet

As at 31 December 2021


Notes

2021

2020


£

£
Fixed assets
Tangible assets: 3 121,880 96,388
Total fixed assets: 121,880 96,388
Current assets
Stocks: 55,962 55,962
Debtors:   957,996 562,193
Cash at bank and in hand: 105,818 239,261
Total current assets: 1,119,776 857,416
Creditors: amounts falling due within one year:   (468,266) (495,669)
Net current assets (liabilities): 651,510 361,747
Total assets less current liabilities: 773,390 458,135
Creditors: amounts falling due after more than one year:   (27,020) (7,200)
Provision for liabilities: (5,077) (5,077)
Total net assets (liabilities): 741,293 445,858
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 741,193 445,758
Shareholders funds: 741,293 445,858

The notes form part of these financial statements

MEDI-PLUMB INSTALLATIONS LIMITED

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 03 February 2022
and signed on behalf of the board by:

Name: Mr P J Tierney
Status: Director

The notes form part of these financial statements

MEDI-PLUMB INSTALLATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:Plant and machinery over 5 years

MEDI-PLUMB INSTALLATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 17 10

MEDI-PLUMB INSTALLATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
At 01 January 2021 159,272
Additions 47,363
At 31 December 2021 206,635
Depreciation
At 01 January 2021 62,884
Charge for year 21,871
At 31 December 2021 84,755
Net book value
At 31 December 2021 121,880
At 31 December 2020 96,388