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Company Registration No. 11959865 (England and Wales)
AA Gas & Plumbing (Midlands) Limited Unaudited accounts for the year ended 31 March 2024
AA Gas & Plumbing (Midlands) Limited Unaudited accounts Contents
Page
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AA Gas & Plumbing (Midlands) Limited Company Information for the year ended 31 March 2024
Director
Andrei Urs
Secretary
Alexandra Florina Urs
Company Number
11959865 (England and Wales)
Registered Office
29 Waltham Close Corby NN17 2YG United Kingdom
Accountants
PHA Accountants Limited Timsons Business Centre Bath Road Kettering Northamptonshire NN16 8NQ
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AA Gas & Plumbing (Midlands) Limited Accountants' report
Accountants' report to the director of AA Gas & Plumbing (Midlands) Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of AA Gas & Plumbing (Midlands) Limited for the year ended 31 March 2024 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 AA Gas & Plumbing (Midlands) Limited, as a body, in accordance with the terms of our engagement letter dated 23 April 2019. Our work has been undertaken solely to prepare for your approval the accounts of AA Gas & Plumbing (Midlands) Limited 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 AA Gas & Plumbing (Midlands) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that AA Gas & Plumbing (Midlands) Limited 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 AA Gas & Plumbing (Midlands) Limited. You consider that AA Gas & Plumbing (Midlands) Limited 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 AA Gas & Plumbing (Midlands) Limited. 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.
PHA Accountants Limited Timsons Business Centre Bath Road Kettering Northamptonshire NN16 8NQ 19 April 2024
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AA Gas & Plumbing (Midlands) Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,248 
6,997 
Current assets
Debtors
- 
601 
Cash at bank and in hand
23,900 
22,718 
23,900 
23,319 
Creditors: amounts falling due within one year
(12,267)
(21,805)
Net current assets
11,633 
1,514 
Total assets less current liabilities
16,881 
8,511 
Provisions for liabilities
Deferred tax
(997)
(1,329)
Net assets
15,884 
7,182 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
15,881 
7,179 
Shareholders' funds
15,884 
7,182 
For the year ending 31 March 2024 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 20 April 2024 and were signed on its behalf by
Andrei Urs Director Company Registration No. 11959865
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AA Gas & Plumbing (Midlands) Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
AA Gas & Plumbing (Midlands) Limited is a private company, limited by shares, registered in England and Wales, registration number 11959865. The registered office is 29 Waltham Close, Corby, NN17 2YG, 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.
3
Accounting policies
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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AA Gas & Plumbing (Midlands) Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2023
12,440 
At 31 March 2024
12,440 
Depreciation
At 1 April 2023
5,443 
Charge for the year
1,749 
At 31 March 2024
7,192 
Net book value
At 31 March 2024
5,248 
At 31 March 2023
6,997 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
493 
Other debtors
- 
108 
- 
601 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,152 
- 
Trade creditors
1,977 
1,285 
Taxes and social security
2,798 
4,221 
Loans from directors
3,420 
15,512 
Accruals
920 
787 
12,267 
21,805 
7
Transactions with related parties
During the year, the dividends of £1,000 (2023: £10,000) were paid to the Director.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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