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Company Registration No. 06992365 (England and Wales)
A S Plumbing & Heating Ltd Unaudited accounts for the year ended 31 October 2023
A S Plumbing & Heating Ltd Unaudited accounts Contents
Page
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A S Plumbing & Heating Ltd Company Information for the year ended 31 October 2023
Director
A Seward
Company Number
06992365 (England and Wales)
Registered Office
56 Church Road Burntwood Staffordshire WS7 9EA United Kingdom
Accountants
Tyler Cobane Limited 29 Walton Way Walton Stone Staffordshire ST15 0JF
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A S Plumbing & Heating Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
41,369 
54,990 
Current assets
Inventories
950 
950 
Debtors
23,876 
35,800 
Cash at bank and in hand
31,605 
6,233 
56,431 
42,983 
Creditors: amounts falling due within one year
(43,058)
(31,882)
Net current assets
13,373 
11,101 
Total assets less current liabilities
54,742 
66,091 
Creditors: amounts falling due after more than one year
(17,500)
(30,500)
Provisions for liabilities
Deferred tax
(7,860)
(10,448)
Net assets
29,382 
25,143 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
29,381 
25,142 
Shareholders' funds
29,382 
25,143 
For the year ending 31 October 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 November 2023 and were signed on its behalf by
A Seward Director Company Registration No. 06992365
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A S Plumbing & Heating Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
A S Plumbing & Heating Ltd is a private company, limited by shares, registered in England and Wales, registration number 06992365. The registered office is 56 Church Road, Burntwood , Staffordshire, WS7 9EA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
33% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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A S Plumbing & Heating Ltd Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
1,634 
67,490 
2,301 
71,425 
At 31 October 2023
1,634 
67,490 
2,301 
71,425 
Depreciation
At 1 November 2022
61 
14,443 
1,931 
16,435 
Charge for the year
236 
13,262 
123 
13,621 
At 31 October 2023
297 
27,705 
2,054 
30,056 
Net book value
At 31 October 2023
1,337 
39,785 
247 
41,369 
At 31 October 2022
1,573 
53,047 
370 
54,990 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,983 
8,285 
Other debtors
12,593 
14,848 
17,576 
23,133 
Amounts falling due after more than one year
Other debtors
6,300 
12,667 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
8,000 
8,000 
Obligations under finance leases and hire purchase contracts
5,000 
5,000 
Trade creditors
304 
746 
Taxes and social security
13,365 
1,036 
Other creditors
16,389 
17,100 
43,058 
31,882 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
13,333 
21,333 
Obligations under finance leases and hire purchase contracts
4,167 
9,167 
17,500 
30,500 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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