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REGISTERED NUMBER: 04738474 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

STEVE SHOESMITH PLUMBING & HEATING
LIMITED

STEVE SHOESMITH PLUMBING & HEATING
LIMITED (REGISTERED NUMBER: 04738474)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

STEVE SHOESMITH PLUMBING & HEATING
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: S P Shoesmith
K L Shoesmith





SECRETARY: K L Shoesmith





REGISTERED OFFICE: 20 Havelock Road
Hastings
East Sussex
TN34 1BP





REGISTERED NUMBER: 04738474 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

STEVE SHOESMITH PLUMBING & HEATING
LIMITED (REGISTERED NUMBER: 04738474)

BALANCE SHEET
30 JUNE 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,207 28,326

CURRENT ASSETS
Stocks 5 13,430 5,785
Debtors 6 16,322 5,714
Cash at bank and in hand 113,185 105,700
142,937 117,199
CREDITORS
Amounts falling due within one year 7 46,107 56,284
NET CURRENT ASSETS 96,830 60,915
TOTAL ASSETS LESS CURRENT LIABILITIES 145,037 89,241

PROVISIONS FOR LIABILITIES 12,052 5,382
NET ASSETS 132,985 83,859

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 132,885 83,759
SHAREHOLDERS' FUNDS 132,985 83,859

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

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.

STEVE SHOESMITH PLUMBING & HEATING
LIMITED (REGISTERED NUMBER: 04738474)

BALANCE SHEET - continued
30 JUNE 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 11 March 2024 and were signed on its behalf by:




S P Shoesmith - Director



K L Shoesmith - Director


STEVE SHOESMITH PLUMBING & HEATING
LIMITED (REGISTERED NUMBER: 04738474)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

Steve Shoesmith Plumbing & Heating Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax, and is recognisable upon completion of the work undertaken.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

STEVE SHOESMITH PLUMBING & HEATING
LIMITED (REGISTERED NUMBER: 04738474)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 July 2022 39,941 2,999 6,289 49,229
Additions 32,689 - - 32,689
At 30 June 2023 72,630 2,999 6,289 81,918
DEPRECIATION
At 1 July 2022 15,896 450 4,557 20,903
Charge for year 11,661 382 765 12,808
At 30 June 2023 27,557 832 5,322 33,711
NET BOOK VALUE
At 30 June 2023 45,073 2,167 967 48,207
At 30 June 2022 24,045 2,549 1,732 28,326

5. STOCKS
30.6.23 30.6.22
£    £   
Work-in-progress 13,130 5,485
Finished goods 300 300
13,430 5,785

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 4,550 4,572
Other debtors 10,300 -
Prepayments 1,472 1,142
16,322 5,714

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Tax 19,293 15,718
Social security and other taxes 26 773
VAT 4,742 11,595
Directors' current accounts 20,186 26,448
Accrued expenses 1,860 1,750
46,107 56,284

STEVE SHOESMITH PLUMBING & HEATING
LIMITED (REGISTERED NUMBER: 04738474)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end directors current accounts existed and the directors Mr S Shoesmith and Mrs K Shoesmith were owed £20,186 (2022: £26,448). There is no interest charged on this amount and it is repayable on demand.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
STEVE SHOESMITH PLUMBING & HEATING
LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Steve Shoesmith Plumbing & Heating Limited for the year ended 30 June 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Steve Shoesmith Plumbing & Heating Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Steve Shoesmith Plumbing & Heating Limited and state those matters that we have agreed to state to the Board of Directors of Steve Shoesmith Plumbing & Heating Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Steve Shoesmith Plumbing & Heating Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Steve Shoesmith Plumbing & Heating Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Steve Shoesmith Plumbing & Heating Limited. You consider that Steve Shoesmith Plumbing & Heating 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 financial statements of Steve Shoesmith Plumbing & Heating 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 financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


12 March 2024