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REGISTERED NUMBER: 10361743 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Leicester Plumbing & Heating & Bathroom
Supplies Ltd

Leicester Plumbing & Heating & Bathroom
Supplies Ltd (Registered number: 10361743)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Leicester Plumbing & Heating & Bathroom
Supplies Ltd

Company Information
for the Year Ended 31 August 2023







DIRECTOR: D B Farthing





REGISTERED OFFICE: Unit A Station Road
Glefield
Leicester
LE3 8BT





REGISTERED NUMBER: 10361743 (England and Wales)





ACCOUNTANTS: Carter & Co
19 Warren Park Way
Enderby
Leicester
LE19 4SA

Leicester Plumbing & Heating & Bathroom
Supplies Ltd (Registered number: 10361743)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 328 438

CURRENT ASSETS
Stocks 28,000 28,000
Debtors 5 34,614 34,304
Cash at bank 4,504 -
67,118 62,304
CREDITORS
Amounts falling due within one year 6 68,284 62,900
NET CURRENT LIABILITIES (1,166 ) (596 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(838

)

(158

)

PROVISIONS FOR LIABILITIES 62 83
NET LIABILITIES (900 ) (241 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (1,000 ) (341 )
SHAREHOLDERS' FUNDS (900 ) (241 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Leicester Plumbing & Heating & Bathroom
Supplies Ltd (Registered number: 10361743)

Balance Sheet - continued
31 August 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 21 March 2024 and were signed by:





D B Farthing - Director


Leicester Plumbing & Heating & Bathroom
Supplies Ltd (Registered number: 10361743)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Leicester Plumbing & Heating & Bathroom Supplies Ltd 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.

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 - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Going concern
The financial statements have been prepared on the going concern basis which assumes the company will continue to trade. The assumption depends upon the ability of the director to maintain the necessary financial support.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Leicester Plumbing & Heating & Bathroom
Supplies Ltd (Registered number: 10361743)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022
and 31 August 2023 2,390
DEPRECIATION
At 1 September 2022 1,952
Charge for year 110
At 31 August 2023 2,062
NET BOOK VALUE
At 31 August 2023 328
At 31 August 2022 438

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 15,534 19,904
Other debtors 19,080 14,400
34,614 34,304

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts - 755
Trade creditors 8,372 5,257
VAT 3,224 3,190
Other creditors 40,968 37,993
Directors' current accounts 15,020 15,020
Accrued expenses 700 685
68,284 62,900

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
100 Ordinary £1.00 100 100

8. RELATED PARTY DISCLOSURES

During the year, the company sold goods net of VAT totalling £67,898 (2022: £68,687) to Farthing's Plumbing & Heating Limited, a company in which Mr D Farthing is a director and shareholder. The amount owed to the company at the year end was £6,534 (2022: £10,792).

Leicester Plumbing & Heating & Bathroom
Supplies Ltd (Registered number: 10361743)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

9. GOING CONCERN

As explained in the accounting policies, the accounts have been prepared on a going concern basis. The ability to trade depends substantially on the continued support of the company's director. We have accepted management assurances that the director will maintain the financial support outlined above.