05878788falsesupply of plumbing and heating materials2022-10-012023-09-30http://www.companieshouse.gov.uk/2022-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2022-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-09-30http://www.companieshouse.gov.uk/cd:Director12022-10-012023-09-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-09-30http://www.companieshouse.gov.uk/cd:Director22022-10-012023-09-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-09-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-09-30http://www.companieshouse.gov.uk/cd:Director32022-10-012023-09-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-10-012023-09-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-10-012023-09-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-10-012023-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-09-30http://www.companieshouse.gov.uk/2022-10-012023-09-30http://www.companieshouse.gov.uk/2022-09-30http://www.companieshouse.gov.uk/cd:FRS1022022-10-012023-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-10-012023-09-30http://www.companieshouse.gov.uk/pt:LandBuildings2022-09-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-10-012023-09-30http://www.companieshouse.gov.uk/pt:LandBuildings2023-09-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05878788

Plumb Mate Limited

ACCOUNTS
FOR THE YEAR ENDED 30/09/2023

Prepared By:
Emmerson Accountants Limited
Accountants
7a Gamma Terrace
West Road
Ipswich
Suffolk
IP3 9FF

Plumb Mate Limited

ACCOUNTS
FOR THE YEAR ENDED 30/09/2023
DIRECTORS
Mr. M. Englefield
Mr. D. Preece
Mr. I. Cornforth
REGISTERED OFFICE
1 Trinity Street
Ipswich
Suffolk
IP3 0AB
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05878788
ACCOUNTANTS
Emmerson Accountants Limited
Accountants
7a Gamma Terrace
West Road
Ipswich
Suffolk
IP3 9FF

Plumb Mate Limited

ACCOUNTS
FOR THEYEARENDED30/09/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Plumb Mate Limited

BALANCE SHEET AT 30/09/2023
20232022
Notes££
FIXED ASSETS
Tangible assets243,93360,836
CURRENT ASSETS
Stock331,413377,021
Debtors4309,997445,628
Cash at bank and in hand568,895543,717
1,210,3051,366,366
CREDITORS: Amounts falling due within one year5568,208734,754
NET CURRENT ASSETS642,097631,612
TOTAL ASSETS LESS CURRENT LIABILITIES686,030692,448
PROVISIONS FOR LIABILITIES AND CHARGES79,2369,236
NET ASSETS676,794683,212
CAPITAL AND RESERVES
Called up share capital8102102
Profit and loss account676,692683,110
SHAREHOLDERS' FUNDS676,794683,212
For the year ending 30/09/2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 06/03/2024 and signed on their behalf by
.............................
Mr. D. Preece
Director

Plumb Mate Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/09/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsreducing balance 15%
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

Plumb Mate Limited

2. TANGIBLE FIXED ASSETS
Land AndPlant andCommercialFixtures
BuildingsMachineryVehiclesand FittingsTotal
£££££
Cost
At 01/10/202266,12218,49098,40922,392205,413
Additions---2,2432,243
Disposals--(22,900)-(22,900)
At 30/09/202366,12218,49075,50924,635184,756
Depreciation
At 01/10/202256,58518,07150,29419,627144,577
Disposals--(16,459)-(16,459)
For the year1,43110510,41875112,705
At 30/09/202358,01618,17644,25320,378140,823
Net Book Amounts
At 30/09/20238,10631431,2564,25743,933
At 30/09/20229,53741948,1152,76560,836
3. STOCK 20232022
££
Stock comprises:
Stock331,413377,021
331,413377,021
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors309,527445,628
Directors current account470-
309,997445,628

Plumb Mate Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax19,27624,343
VAT29,17222,969
PAYE control34,3419,660
Bank Loans82,500112,500
Hire purchase10,74027,982
Trade creditors389,164530,069
Pension schemes1,0151,471
Accruals2,0005,760
568,208734,754
6. EMPLOYEES
20232022
No.No.
Average number of employees1111
7. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation9,2369,236
9,2369,236
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
102 Ordinary shares of £1 each102102
102102
New shares issued during period:
2 Ordinary shares of £1 each