2023-01-01 SC650385 2023-12-31 SC650385 2023-01-01 2023-12-31 SC650385 2022-12-31 SC650385 2022-01-01 2022-12-31 SC650385 uk-core:WithinOneYear uk-bus:Original 2022-12-31 SC650385 uk-core:WithinOneYear uk-bus:Original 2023-12-31 SC650385 uk-core:ShareCapital uk-bus:Original 2023-12-31 SC650385 uk-core:ShareCapital uk-bus:Original 2022-12-31 SC650385 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-12-31 SC650385 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-12-31 SC650385 uk-bus:Director1 uk-bus:Original 2023-01-01 2023-12-31 SC650385 uk-core:ComputerEquipment uk-bus:Original 2022-12-31 SC650385 uk-core:CommercialMotorVehicles uk-bus:Original 2022-12-31 SC650385 uk-core:ToolsEquipment uk-bus:Original 2022-12-31 SC650385 uk-core:ToolsEquipment uk-bus:Original 2023-12-31 SC650385 uk-core:CommercialMotorVehicles uk-bus:Original 2023-12-31 SC650385 uk-core:ComputerEquipment uk-bus:Original 2023-12-31 SC650385 uk-core:ComputerEquipment uk-bus:Original 2023-01-01 2023-12-31 SC650385 uk-core:CommercialMotorVehicles uk-bus:Original 2023-01-01 2023-12-31 SC650385 uk-core:ToolsEquipment uk-bus:Original 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure SC650385 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2023-01-01 2023-12-31 SC650385 uk-bus:FRS102 uk-bus:Original 2023-01-01 2023-12-31 SC650385 uk-bus:FilletedAccounts uk-bus:Original 2023-01-01 2023-12-31 SC650385 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2023-01-01 2023-12-31
Philbin Plumbing & Heating Ltd
Registered Number:SC650385
For the year ended 31 December 2023
Scotland
Unaudited Financial Statements
2
For the year ended 31 December 2023
Philbin Plumbing & Heating Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC650385
As at 31 December 2023
Philbin Plumbing & Heating Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
4,006
5,342
2
4,006
5,342
Current assets
Inventories
2,000
2,000
3
4,249
Cash and cash equivalents
6,477
8,477
6,249
Trade and other payables: amounts falling due within one
year
(3,927)
(9,146)
4
2,322
(669)
Net current liabilities
Total assets less current liabilities
3,337
7,664
3,337
Net assets
7,664
Capital and reserves
Called up share capital
1
1
Retained earnings
3,336
7,663
3,337
7,664
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Terry Philbin Director
These financial statements were approved and authorised for issue by the Board on 15 February 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 December 2023
Philbin Plumbing & Heating Ltd
Notes to the Financial Statements
Statutory Information
Philbin Plumbing & Heating Ltd is a private limited company, limited by shares, domiciled in Scotland, registration
number SC650385.
Registered address:
4 Auburn Locks
Wallyford
Musselburgh
Scotland
EH21 8FE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 January 2023
12,453
717
8,995
2,741
At 31 December 2023
2,741
8,995
717
12,453
Provision for depreciation and impairment
At 01 January 2023
7,111
314
5,201
1,596
Charge for year
1,336
101
949
286
At 31 December 2023
8,447
415
6,150
1,882
At 31 December 2023
Net book value
859
2,845
302
4,006
At 31 December 2022
1,145
3,794
403
5,342
3. Inventories
2022
2023
£
£
Stocks
2,000
2,000
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5
For the year ended 31 December 2023
Philbin Plumbing & Heating Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
8,273
3,087
Other creditors
873
840
9,146
3,927
5. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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