IRIS Accounts Production v23.3.0.418 07945693 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079456932022-02-28079456932023-02-28079456932022-03-012023-02-28079456932021-02-28079456932021-03-012022-02-28079456932022-02-2807945693ns10:Originalns15:EnglandWales2022-03-012023-02-2807945693ns14:PoundSterlingns10:Original2022-03-012023-02-2807945693ns10:Originalns10:Director12022-03-012023-02-2807945693ns10:Original2022-03-012023-02-2807945693ns10:Original2023-02-2807945693ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2807945693ns10:Originalns10:SmallEntities2022-03-012023-02-2807945693ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2807945693ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2807945693ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2807945693ns10:Originalns10:FullAccounts2022-03-012023-02-2807945693ns10:Originalns10:Director22022-03-012023-02-2807945693ns10:Originalns10:RegisteredOffice2022-03-012023-02-2807945693ns10:Original2022-02-2807945693ns10:Originalns5:CurrentFinancialInstruments2023-02-2807945693ns10:Originalns5:CurrentFinancialInstruments2022-02-2807945693ns5:ShareCapitalns10:Original2023-02-2807945693ns5:ShareCapitalns10:Original2022-02-2807945693ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2807945693ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2807945693ns10:Originalns5:PlantMachinery2022-03-012023-02-2807945693ns10:Original2021-03-012022-02-2807945693ns10:Originalns5:PlantMachinery2022-02-2807945693ns10:Originalns5:PlantMachinery2023-02-2807945693ns10:Originalns5:PlantMachinery2022-02-2807945693ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2807945693ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-2807945693ns10:Original1ns10:Director12022-02-2807945693ns10:Original1ns10:Director12021-02-2807945693ns10:Original1ns10:Director12022-03-012023-02-2807945693ns10:Original1ns10:Director12021-03-012022-02-2807945693ns10:Original1ns10:Director12023-02-2807945693ns10:Original1ns10:Director12022-02-28
REGISTERED NUMBER: 07945693 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

P.W. PLUMBING AND HEATING (SOUTHERN)
LIMITED

P.W. PLUMBING AND HEATING (SOUTHERN)
LIMITED (Registered number: 07945693)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


P.W. PLUMBING AND HEATING (SOUTHERN)
LIMITED

Company Information
for the Year Ended 28 February 2023







DIRECTORS: P Watt
Mrs A Watt





REGISTERED OFFICE: 18 SHEPHERDS HOUSE LANE
EARLEY
READING
Berkshire
RG6 1AD





REGISTERED NUMBER: 07945693 (England and Wales)





ACCOUNTANTS: EDMONDS ACCOUNTANCY LIMITED
Unit 11, Diddenham Bus Park,
Diddenham Court
Grazeley,
READING
Berkshire
RG7 1JQ

P.W. PLUMBING AND HEATING (SOUTHERN)
LIMITED (Registered number: 07945693)

Statement of Financial Position
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,047 1,687

CURRENT ASSETS
Debtors 5 39,169 16,476
Prepayments and accrued income 1,692 1,428
Cash at bank 1,095 28,232
41,956 46,136
CREDITORS
Amounts falling due within one year 6 25,791 27,658
NET CURRENT ASSETS 16,165 18,478
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,212

20,165

PROVISIONS FOR LIABILITIES 175 175
NET ASSETS 17,037 19,990

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 17,035 19,988
SHAREHOLDERS' FUNDS 17,037 19,990

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.

P.W. PLUMBING AND HEATING (SOUTHERN)
LIMITED (Registered number: 07945693)

Statement of Financial Position - continued
28 February 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 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 20 November 2023 and were signed on its behalf by:





P Watt - Director


P.W. PLUMBING AND HEATING (SOUTHERN)
LIMITED (Registered number: 07945693)

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

1. STATUTORY INFORMATION

P.W. PLUMBING AND HEATING (SOUTHERN) 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.

Revenue is recognised as the contractual activities progress

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 etc - 33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2022 - 2 ) .

P.W. PLUMBING AND HEATING (SOUTHERN)
LIMITED (Registered number: 07945693)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022
and 28 February 2023 16,956
DEPRECIATION
At 1 March 2022 15,269
Charge for year 640
At 28 February 2023 15,909
NET BOOK VALUE
At 28 February 2023 1,047
At 28 February 2022 1,687

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 38,949 16,476
Other debtors 220 -
39,169 16,476

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 17,005 19,350
Taxation and social security 8,786 8,263
Other creditors - 45
25,791 27,658

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

28.2.23 28.2.22
£    £   
P Watt
Balance outstanding at start of year - -
Amounts advanced 40,111 -
Amounts repaid (39,891 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 220 -

The director current account was repaid by way of a dividend within nine months of the financial year end.