7998654falsePlumbing and heating services2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:MotorCars2022-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:MotorCars2023-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2022-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 7998654

OLIVE PLUMBING AND HEATING LTD

ACCOUNTS
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
S Ryder
REGISTERED OFFICE
8 Flora Close
Stanmore
Middlesex
HA7 4PY
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 Sheet3
Notes To The Accounts4
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 31/03/2023
20232022
Notes££
FIXED ASSETS
Intangible assets325,00027,500
Tangible assets428,72314,055
53,72341,555
CURRENT ASSETS
Debtors5235,936195,742
Cash at bank and in hand131,272211,268
367,208407,010
CREDITORS: Amounts falling due within one year6110,033111,235
NET CURRENT ASSETS257,175295,775
TOTAL ASSETS LESS CURRENT LIABILITIES310,898337,330
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account310,798337,230
SHAREHOLDERS' FUNDS310,898337,330
For the year ending 31/03/2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 25/10/2013 and signed on their behalf by
.............................
S Ryder
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
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
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
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. EMPLOYEES
20232022
No.No.
Average number of employees98

OLIVE PLUMBING AND HEATING LTD

3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/04/202250,00050,000
At 31/03/202350,00050,000
Depreciation
At 01/04/202222,50022,500
For the year2,5002,500
At 31/03/202325,00025,000
Net Book Amounts
At 31/03/202325,00025,000
At 31/03/202227,50027,500
4. TANGIBLE FIXED ASSETS
Plant and
MachineryMotor CarsTotal
£££
Cost
At 01/04/20221,62856,30857,936
Additions-26,30826,308
Disposals-(10,000)(10,000)
At 31/03/20231,62872,61674,244
Depreciation
At 01/04/20221,17842,70343,881
Disposals-(7,875)(7,875)
For the year689,4479,515
At 31/03/20231,24644,27545,521
Net Book Amounts
At 31/03/202338228,34128,723
At 31/03/202245013,60514,055
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors180,921118,991
CIS TAX WITHELD10,64260,319
VAT25,3137,322
Other debtors19,0609,110
235,936195,742

OLIVE PLUMBING AND HEATING LTD

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax17,0878,007
PAYE control3,13824,952
Directors current account27,78926,400
Trade creditors58,45248,963
Pension NEST467263
Accruals3,1002,650
110,033111,235
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1.000 each100100
100100