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REGISTERED NUMBER: 01995722 (England and Wales)













Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Waltham Plumbing Supplies Limited

Waltham Plumbing Supplies Limited (Registered number: 01995722)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Waltham Plumbing Supplies Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Mrs A Staves
Mr R T Staves





SECRETARY: Mr R T Staves





REGISTERED OFFICE: Waltham Airfield Ind Estate
Cheapside
Waltham
Grimsby
N E Lincolnshire
DN37 OHZ





REGISTERED NUMBER: 01995722 (England and Wales)

Waltham Plumbing Supplies Limited (Registered number: 01995722)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,814 15,130

CURRENT ASSETS
Stocks 48,204 45,611
Debtors 5 24,275 9,518
Cash at bank and in hand 215,853 241,359
288,332 296,488
CREDITORS
Amounts falling due within one year 6 202,736 199,918
NET CURRENT ASSETS 85,596 96,570
TOTAL ASSETS LESS CURRENT
LIABILITIES

98,410

111,700

PROVISIONS FOR LIABILITIES 1,286 1,567
NET ASSETS 97,124 110,133

CAPITAL AND RESERVES
Called up share capital 58 58
Capital redemption reserve 45 45
Retained earnings 97,021 110,030
SHAREHOLDERS' FUNDS 97,124 110,133

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2023 and were signed on its behalf by:





Mrs A Staves - Director


Waltham Plumbing Supplies Limited (Registered number: 01995722)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Waltham Plumbing Supplies 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.
Leasehold Property - 4% on cost
Commercial vehicles - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 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.

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 6 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Commercial and Computer
Property vehicles fittings equipment Totals
£    £    £    £    £   
COST
At 1 March 2022 20,864 28,566 19,695 11,876 81,001
Additions - - 150 550 700
At 28 February 2023 20,864 28,566 19,845 12,426 81,701
DEPRECIATION
At 1 March 2022 13,986 22,192 18,966 10,727 65,871
Charge for year 835 1,592 187 402 3,016
At 28 February 2023 14,821 23,784 19,153 11,129 68,887
NET BOOK VALUE
At 28 February 2023 6,043 4,782 692 1,297 12,814
At 28 February 2022 6,878 6,374 729 1,149 15,130

Waltham Plumbing Supplies Limited (Registered number: 01995722)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 21,427 6,721
Other debtors 2,848 2,797
24,275 9,518

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 47,065 53,204
Taxation and social security 21,107 17,014
Other creditors 134,564 129,700
202,736 199,918

7. ULTIMATE CONTROLLING PARTY

The Company is controlled by the Directors, who own 100% of the share capital.