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REGISTERED NUMBER: 04618569 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2023

FOR

D. WARNER PLUMBING & HEATING LIMITED

D. WARNER PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 04618569)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D. WARNER PLUMBING & HEATING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 5 APRIL 2023







DIRECTOR: D H Warner





REGISTERED OFFICE: 6 Missing Oak Close
Bedworth
Warwickshire
CV12 0DT





REGISTERED NUMBER: 04618569 (England and Wales)






D. WARNER PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 04618569)

BALANCE SHEET
5 APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 500
Tangible assets 5 14,838 24,992
Investment property 6 280,000 280,000
294,838 305,492

CURRENT ASSETS
Stocks 7 114,510 45,795
Debtors 8 25,212 9,160
Cash at bank 9,592 44,258
149,314 99,213
CREDITORS
Amounts falling due within one year 9 219,367 169,148
NET CURRENT LIABILITIES (70,053 ) (69,935 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

224,785

235,557

CREDITORS
Amounts falling due after more than one
year

10

(3,173

)

(9,520

)

PROVISIONS FOR LIABILITIES (11,580 ) (13,509 )
NET ASSETS 210,032 212,528

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 11 52,503 52,503
Retained earnings 157,527 160,023
SHAREHOLDERS' FUNDS 210,032 212,528

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

D. WARNER PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 04618569)

BALANCE SHEET - continued
5 APRIL 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 November 2023 and were signed by:





D H Warner - Director


D. WARNER PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 04618569)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

1. STATUTORY INFORMATION

D. Warner Plumbing & Heating 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Goodwill has now been fully amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


D. WARNER PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 04618569)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2023

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 6 April 2022
and 5 April 2023 10,000
AMORTISATION
At 6 April 2022 9,500
Amortisation for year 500
At 5 April 2023 10,000
NET BOOK VALUE
At 5 April 2023 -
At 5 April 2022 500

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 6 April 2022
and 5 April 2023 634 54,150 439 55,223
DEPRECIATION
At 6 April 2022 593 29,274 364 30,231
Charge for year 21 10,058 75 10,154
At 5 April 2023 614 39,332 439 40,385
NET BOOK VALUE
At 5 April 2023 20 14,818 - 14,838
At 5 April 2022 41 24,876 75 24,992

D. WARNER PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 04618569)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2023

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2022
and 5 April 2023 280,000
NET BOOK VALUE
At 5 April 2023 280,000
At 5 April 2022 280,000

Investment property comprises 1 Missing Oak Close and 2 Missing Oak Close. The fair value of the investment properties have been arrived at on the basis of a valuation carried out at the year end by the Director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

7. STOCKS
2023 2022
£    £   
Stocks 200 200
Work-in-progress 114,310 45,595
114,510 45,795

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 19,465 5,454
VAT 2,089 -
Prepayments 3,658 3,706
25,212 9,160

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 6,346 6,346
Trade creditors 3,960 262
Corporation tax 4,276 3,311
Social security and other taxes 654 693
VAT - 507
Other creditors 3,215 8,211
Directors' current accounts 182,168 131,020
Accruals and deferred income 18,748 18,798
219,367 169,148

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 3,173 9,520

D. WARNER PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 04618569)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2023

11. RESERVES
Revaluation
reserve
£   
At 6 April 2022
and 5 April 2023 52,503