Registered number: 7998654 | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
Prepared By: | ||||||||
DK Accounting Services Ltd | ||||||||
Chartered Certified Accoutants | ||||||||
8 Flora Close | ||||||||
Stanmore | ||||||||
HA7 4PY |
OLIVE PLUMBING AND HEATING LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Middlesex | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 7998654 | ||||||||
ACCOUNTANTS | ||||||||
DK Accounting Services Ltd | ||||||||
Chartered Certified Accoutants | ||||||||
8 Flora Close | ||||||||
Stanmore | ||||||||
HA7 4PY |
OLIVE PLUMBING AND HEATING LTD | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/03/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
OLIVE PLUMBING AND HEATING LTD | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 3 | |||||||||
Tangible assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
367,208 | 407,010 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 295,775 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 310,798 | 337,230 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
OLIVE PLUMBING AND HEATING LTD | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | 25% | |||||||
Motor Cars | 25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1d. Goodwill | ||||||||
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 8 | |||||
OLIVE PLUMBING AND HEATING LTD | ||||||||
3. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 01/04/2022 | 50,000 | 50,000 | ||
At 31/03/2023 | 50,000 | 50,000 | ||
Depreciation | ||||
At 01/04/2022 | 22,500 | 22,500 | ||
For the year | 2,500 | 2,500 | ||
At 31/03/2023 | 25,000 | 25,000 | ||
Net Book Amounts | ||||
At 31/03/2023 | ||||
At 31/03/2022 | ||||
4. TANGIBLE FIXED ASSETS | ||||||
Plant and | ||||||
Machinery | Motor Cars | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/04/2022 | 1,628 | 56,308 | 57,936 | |||
Additions | - | 26,308 | 26,308 | |||
Disposals | - | (10,000) | (10,000) | |||
At 31/03/2023 | 1,628 | 72,616 | 74,244 | |||
Depreciation | ||||||
At 01/04/2022 | 1,178 | 42,703 | 43,881 | |||
Disposals | - | (7,875) | (7,875) | |||
For the year | 68 | 9,447 | 9,515 | |||
At 31/03/2023 | 1,246 | 44,275 | 45,521 | |||
Net Book Amounts | ||||||
At 31/03/2023 | 28,723 | |||||
At 31/03/2022 | 14,055 | |||||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 180,921 | 118,991 | ||||||
CIS TAX WITHELD | 10,642 | 60,319 | ||||||
VAT | 25,313 | 7,322 | ||||||
Other debtors | 19,060 | 9,110 | ||||||
235,936 | 195,742 | |||||||
OLIVE PLUMBING AND HEATING LTD | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 17,087 | 8,007 | ||||||
PAYE control | 3,138 | 24,952 | ||||||
Directors current account | 27,789 | 26,400 | ||||||
Trade creditors | 58,452 | 48,963 | ||||||
Pension NEST | 467 | 263 | ||||||
Accruals | 3,100 | 2,650 | ||||||
110,033 | 111,235 | |||||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||