2022-05-182023-05-312023-05-31false14113759HONEST PLUMBING CO 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HONEST PLUMBING CO LTD

Registered Number
14113759
(England and Wales)

Unaudited Financial Statements for the Period ended
31 May 2023

HONEST PLUMBING CO LTD
Company Information
for the period from 18 May 2022 to 31 May 2023

Director

FOLLEN, Tayler

Registered Address

3 Marconi Court
Plaxton Way
Ware
SG12 7FG

Registered Number

14113759 (England and Wales)
HONEST PLUMBING CO LTD
Statement of Financial Position
31 May 2023

Notes

2023

£

£

Fixed assets
Tangible assets526,879
26,879
Current assets
Debtors3,328
Cash at bank and on hand2,017
5,345
Creditors amounts falling due within one year(4,875)
Net current assets (liabilities)470
Total assets less current liabilities27,349
Creditors amounts falling due after one year(20,495)
Net assets6,854
Capital and reserves
Profit and loss account6,854
Shareholders' funds6,854
The financial statements were approved and authorised for issue by the Director on 1 February 2024, and are signed on its behalf by:
FOLLEN, Tayler
Director
Registered Company No. 14113759
HONEST PLUMBING CO LTD
Notes to the Financial Statements
for the period ended 31 May 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Plant and machinery - 20% reducing balance
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

2023
Average number of employees during the year1
5.Property, plant and equipment

Total

£
Cost or valuation
Additions28,799
At 31 May 2328,799
Depreciation and impairment
Charge for year1,920
At 31 May 231,920
Net book value
At 31 May 2326,879
At 17 May 22-