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REGISTERED NUMBER: 04545282 (England and Wales)











Unaudited Financial Statements

for the Year Ended 29 March 2023

for

A.Plummer Builders Limited

A.Plummer Builders Limited (Registered number: 04545282)






Contents of the Financial Statements
for the Year Ended 29 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.Plummer Builders Limited

Company Information
for the Year Ended 29 March 2023







DIRECTOR: A Plummer





SECRETARY: Mrs L J Plummer





REGISTERED OFFICE: Eldo House
Kempson Way
Bury St Edmunds
Suffolk
IP32 7AR





REGISTERED NUMBER: 04545282 (England and Wales)





ACCOUNTANTS: Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR

A.Plummer Builders Limited (Registered number: 04545282)

Balance Sheet
29 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 99,689 63,624

CURRENT ASSETS
Stocks 780,250 459,868
Debtors 5 119,357 135,205
Cash at bank 129,273 128,356
1,028,880 723,429
CREDITORS
Amounts falling due within one year 6 478,893 380,813
NET CURRENT ASSETS 549,987 342,616
TOTAL ASSETS LESS CURRENT LIABILITIES 649,676 406,240

CREDITORS
Amounts falling due after more than one
year

7

(52,424

)

(23,279

)

PROVISIONS FOR LIABILITIES 8 (24,922 ) -
NET ASSETS 572,330 382,961

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 571,330 381,961
SHAREHOLDERS' FUNDS 572,330 382,961

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

A.Plummer Builders Limited (Registered number: 04545282)

Balance Sheet - continued
29 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 February 2024 and were signed by:





A Plummer - Director


A.Plummer Builders Limited (Registered number: 04545282)

Notes to the Financial Statements
for the Year Ended 29 March 2023

1. STATUTORY INFORMATION

A.Plummer Builders 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Income is recognised as the company obtains the right to receive consideration under the terms of the
contract, with work not yet invoiced at the year end included in accrued income.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating to either revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

A.Plummer Builders Limited (Registered number: 04545282)

Notes to the Financial Statements - continued
for the Year Ended 29 March 2023

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, and loans from banks or other related parties.

Debt instruments, like loans and other accounts receivable and payable, are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset or liability is measured, initially and subsequently, at the present value of the future payment discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

A.Plummer Builders Limited (Registered number: 04545282)

Notes to the Financial Statements - continued
for the Year Ended 29 March 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Impairment
At each reporting date, goodwill and other fixed assets, including tangible fixed assets and investments but excluding investment properties, are assessed to determine whether there is an indication that the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is written down to its estimated recoverable amount and an impairment loss is recognised in the income statement.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 30 March 2022 172,747
Additions 75,404
Disposals (25,600 )
At 29 March 2023 222,551
DEPRECIATION
At 30 March 2022 109,123
Charge for year 39,339
Eliminated on disposal (25,600 )
At 29 March 2023 122,862
NET BOOK VALUE
At 29 March 2023 99,689
At 29 March 2022 63,624

A.Plummer Builders Limited (Registered number: 04545282)

Notes to the Financial Statements - continued
for the Year Ended 29 March 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 30 March 2022 47,177
Additions 64,209
At 29 March 2023 111,386
DEPRECIATION
At 30 March 2022 11,795
Charge for year 23,834
At 29 March 2023 35,629
NET BOOK VALUE
At 29 March 2023 75,757
At 29 March 2022 35,382

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 119,357 135,205

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 -
Hire purchase contracts 12,439 8,833
Trade creditors 11,612 35,298
Taxation and social security 79,147 9,943
Other creditors 365,695 326,739
478,893 380,813

Other creditors includes an amount payable to the director.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 23,333 -
Hire purchase contracts 29,091 23,279
52,424 23,279

A.Plummer Builders Limited (Registered number: 04545282)

Notes to the Financial Statements - continued
for the Year Ended 29 March 2023

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 24,922 -

Deferred
tax
£   
Charge to Income Statement during year 24,922
Balance at 29 March 2023 24,922

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary £1 1,000 1,000