REGISTERED NUMBER: |
Directors' Report and |
Financial Statements for the Year Ended 31st October 2023 |
for |
Cantwell & Son Plumbing & Heating |
Limited |
REGISTERED NUMBER: |
Directors' Report and |
Financial Statements for the Year Ended 31st October 2023 |
for |
Cantwell & Son Plumbing & Heating |
Limited |
Cantwell & Son Plumbing & Heating |
Limited (Registered number: 11014758) |
Contents of the Financial Statements |
for the Year Ended 31st October 2023 |
Page |
Company Information | 1 |
Directors' Report | 2 |
Statement of Financial Position | 3 |
Notes to the Financial Statements | 5 |
Cantwell & Son Plumbing & Heating |
Limited |
Company Information |
for the Year Ended 31st October 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
300 High Road |
Whaplode |
Spalding |
Lincolnshire |
PE12 6TG |
Cantwell & Son Plumbing & Heating |
Limited (Registered number: 11014758) |
Directors' Report |
for the Year Ended 31st October 2023 |
The directors present their report with the financial statements of the company for the year ended 31st October 2023. |
PRINCIPAL ACTIVITY |
The principal activity of the company in the year under review was that of plumbing, heating and air conditioning units installation. |
DIRECTORS |
The directors shown below have held office during the whole of the period from 1st November 2022 to the date of this report. |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
Cantwell & Son Plumbing & Heating |
Limited (Registered number: 11014758) |
Statement of Financial Position |
31st October 2023 |
31.10.23 | 31.10.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
Cantwell & Son Plumbing & Heating |
Limited (Registered number: 11014758) |
Statement of Financial Position - continued |
31st October 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Cantwell & Son Plumbing & Heating |
Limited (Registered number: 11014758) |
Notes to the Financial Statements |
for the Year Ended 31st October 2023 |
1. | STATUTORY INFORMATION |
Cantwell & Son Plumbing & Heating Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
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 statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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. |
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. |
Cantwell & Son Plumbing & Heating |
Limited (Registered number: 11014758) |
Notes to the Financial Statements - continued |
for the Year Ended 31st October 2023 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Tools and | Motor | Computer |
equipment | vehicles | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1st November 2022 |
Additions |
Disposals | ( |
) | ( |
) |
At 31st October 2023 |
DEPRECIATION |
At 1st November 2022 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) |
At 31st October 2023 |
NET BOOK VALUE |
At 31st October 2023 |
At 31st October 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.23 | 31.10.22 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.23 | 31.10.22 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
Cantwell & Son Plumbing & Heating |
Limited (Registered number: 11014758) |
Notes to the Financial Statements - continued |
for the Year Ended 31st October 2023 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.10.23 | 31.10.22 |
£ | £ |
Other creditors |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.10.23 | 31.10.22 |
value: | £ | £ |
Ordinary A | £1 | 3 | 3 |
Ordinary B | £1 | 2 | 2 |
5 | 5 |