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Company Registration No. 07721015 (England and Wales)
GAS AND WATER ENGINEERING (UK) LIMITED Unaudited accounts for the year ended 31 May 2023
GAS AND WATER ENGINEERING (UK) LIMITED Unaudited accounts Contents
Page
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GAS AND WATER ENGINEERING (UK) LIMITED Company Information for the year ended 31 May 2023
Director
Louise Stoakes
Company Number
07721015 (England and Wales)
Registered Office
Unit 3 MCS Industrial Estate Hawkins Lane BURTON-ON-TRENT DE14 1PT ENGLAND
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GAS AND WATER ENGINEERING (UK) LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
35,689 
56,354 
Current assets
Inventories
138,824 
97,490 
Debtors
262,462 
373,299 
Cash at bank and in hand
26,980 
45,366 
428,266 
516,155 
Creditors: amounts falling due within one year
(234,630)
(336,330)
Net current assets
193,636 
179,825 
Total assets less current liabilities
229,325 
236,179 
Creditors: amounts falling due after more than one year
(34,672)
(64,904)
Net assets
194,653 
171,275 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
194,553 
171,175 
Shareholders' funds
194,653 
171,275 
For the year ending 31 May 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 her 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 22 February 2024 and were signed on its behalf by
Louise Stoakes Director Company Registration No. 07721015
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GAS AND WATER ENGINEERING (UK) LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
GAS AND WATER ENGINEERING (UK) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07721015. The registered office is Unit 3 MCS Industrial Estate, Hawkins Lane, BURTON-ON-TRENT, DE14 1PT, ENGLAND.
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
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.
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:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2022
7,833 
100,176 
4,609 
112,618 
Additions
5,370 
2,450 
- 
7,820 
Disposals
- 
(20,945)
- 
(20,945)
At 31 May 2023
13,203 
81,681 
4,609 
99,493 
Depreciation
At 1 June 2022
4,641 
48,156 
3,467 
56,264 
Charge for the year
1,484 
9,538 
1,142 
12,164 
On disposals
- 
(4,624)
- 
(4,624)
At 31 May 2023
6,125 
53,070 
4,609 
63,804 
Net book value
At 31 May 2023
7,078 
28,611 
- 
35,689 
At 31 May 2022
3,192 
52,020 
1,142 
56,354 
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GAS AND WATER ENGINEERING (UK) LIMITED Notes to the Accounts for the year ended 31 May 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
255,723 
368,361 
Accrued income and prepayments
5,639 
4,938 
Other debtors
1,100 
- 
262,462 
373,299 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
8,400 
8,400 
VAT
(1,309)
(15,942)
Obligations under finance leases and hire purchase contracts
10,614 
13,888 
Trade creditors
201,816 
299,090 
Taxes and social security
4,397 
22,156 
Other creditors
2,264 
328 
Loans from directors
6,698 
6,910 
Accruals
1,750 
1,500 
234,630 
336,330 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
14,443 
22,704 
Obligations under finance leases and hire purchase contracts
20,229 
42,200 
34,672 
64,904 
8
Average number of employees
During the year the average number of employees was 14 (2022: 12).
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