Company Registration No. 10471743 (England and Wales)
Newmans Heating & Plumbing Ltd
Unaudited accounts
for the year ended 30 November 2023
Newmans Heating & Plumbing Ltd
Unaudited accounts
Contents
Newmans Heating & Plumbing Ltd
Company Information
for the year ended 30 November 2023
Company Number
10471743 (England and Wales)
Registered Office
203 West Street
Fareham
PO16 0EN
United Kingdom
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Newmans Heating & Plumbing Ltd
Accountants' report
Accountants' report to the director of Newmans Heating & Plumbing Ltd on the preparation of the unaudited statutory accounts for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Newmans Heating & Plumbing Ltd for the year ended
30 November 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Newmans Heating & Plumbing Ltd, as a body, in accordance with the terms of our engagement letter dated 30 November 2023. Our work has been undertaken solely to prepare for your approval the accounts of Newmans Heating & Plumbing Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Newmans Heating & Plumbing Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Newmans Heating & Plumbing Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Newmans Heating & Plumbing Ltd. You consider that Newmans Heating & Plumbing Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Newmans Heating & Plumbing Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
30 November 2023
Newmans Heating & Plumbing Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
1,688
2,250
Cash at bank and in hand
12,229
10,222
Creditors: amounts falling due within one year
(13,290)
(10,214)
Net current assets
27,817
33,930
Called up share capital
1
1
Profit and loss account
29,504
36,179
Shareholders' funds
29,505
36,180
For the year ending 30 November 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 30 November 2023 and were signed on its behalf by
J Newman
Director
Company Registration No. 10471743
Newmans Heating & Plumbing Ltd
Notes to the Accounts
for the year ended 30 November 2023
Newmans Heating & Plumbing Ltd is a private company, limited by shares, registered in England and Wales, registration number 10471743. The registered office is 203 West Street, Fareham, PO16 0EN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
6,348
5,607
11,955
At 30 November 2023
6,348
5,607
11,955
At 1 December 2022
5,219
4,486
9,705
Charge for the year
282
280
562
At 30 November 2023
5,501
4,766
10,267
At 30 November 2023
847
841
1,688
At 30 November 2022
1,129
1,121
2,250
Newmans Heating & Plumbing Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
23,137
25,168
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
5,603
4,043
Loans from directors
1,574
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
-
(31,546)
(29,972)
(1,574)
-
(31,546)
(29,972)
(1,574)
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).