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REGISTERED NUMBER: 06010349 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022

FOR

AB PLUMBING & HEATING (1992) LIMITED

AB PLUMBING & HEATING (1992) LIMITED (REGISTERED NUMBER: 06010349)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AB PLUMBING & HEATING (1992) LIMITED

COMPANY INFORMATION
for the Year Ended 31st March 2022







DIRECTORS: A K Brisendon
Mrs J M Brisendon





SECRETARY: Mrs J M Brisendon





REGISTERED OFFICE: Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX





REGISTERED NUMBER: 06010349 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX

AB PLUMBING & HEATING (1992) LIMITED (REGISTERED NUMBER: 06010349)

BALANCE SHEET
31st March 2022

31/3/22 31/3/21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,830 11,956

CURRENT ASSETS
Stocks 500 500
Debtors 5 27,228 23,400
Cash at bank 12,580 16,622
40,308 40,522
CREDITORS
Amounts falling due within one year 6 61,780 16,339
NET CURRENT (LIABILITIES)/ASSETS (21,472 ) 24,183
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,358

36,139

CREDITORS
Amounts falling due after more than one year 7 (32,727 ) (33,800 )

PROVISIONS FOR LIABILITIES 8 (5,747 ) (2,272 )
NET (LIABILITIES)/ASSETS (8,116 ) 67

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings (8,118 ) 65
SHAREHOLDERS' FUNDS (8,116 ) 67

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 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.

AB PLUMBING & HEATING (1992) LIMITED (REGISTERED NUMBER: 06010349)

BALANCE SHEET - continued
31st March 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14th September 2022 and were signed on its behalf by:





A K Brisendon - Director


AB PLUMBING & HEATING (1992) LIMITED (REGISTERED NUMBER: 06010349)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2022

1. STATUTORY INFORMATION

AB Plumbing & Heating (1992) 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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

AB PLUMBING & HEATING (1992) LIMITED (REGISTERED NUMBER: 06010349)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2022

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st April 2021 18,515 49,216 67,731
Additions 897 45,000 45,897
Disposals - (33,260 ) (33,260 )
At 31st March 2022 19,412 60,956 80,368
DEPRECIATION
At 1st April 2021 12,606 43,169 55,775
Charge for year 1,701 1,824 3,525
Eliminated on disposal - (30,762 ) (30,762 )
At 31st March 2022 14,307 14,231 28,538
NET BOOK VALUE
At 31st March 2022 5,105 46,725 51,830
At 31st March 2021 5,909 6,047 11,956

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/22 31/3/21
£    £   
Trade debtors 2,226 7,610
Other debtors 16,740 884
Directors' current accounts - 11,382
Tax 5,458 -
Prepayments 2,804 3,524
27,228 23,400

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/22 31/3/21
£    £   
Bank loans and overdrafts 4,000 5,200
Trade creditors 3,499 4,941
Tax - 3,153
Social security and other taxes - 1,545
Directors' current accounts 52,681 -
Accrued expenses 1,600 1,500
61,780 16,339

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/3/22 31/3/21
£    £   
Bank loans 32,727 33,800

AB PLUMBING & HEATING (1992) LIMITED (REGISTERED NUMBER: 06010349)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2022

8. PROVISIONS FOR LIABILITIES
31/3/22 31/3/21
£    £   
Deferred tax 5,747 2,272

Deferred
tax
£   
Balance at 1st April 2021 2,272
Accelerated capital allowances 3,475
Balance at 31st March 2022 5,747

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31/3/22 31/3/21
value: £    £   
2 Ordinary £1 2 2

10. ULTIMATE CONTROLLING PARTY

Mr A K Brisendon and Mrs J M Brisendon together own 100% of the issued share capital of the company.