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REGISTERED NUMBER: 11233575 (England and Wales)
























Unaudited Financial Statements for the Year Ended 31 March 2024

for

M A Scott Plumbing & Heating Limited

M A Scott Plumbing & Heating Limited (Registered number: 11233575)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M A Scott Plumbing & Heating Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M A Scott
L J Mason





REGISTERED OFFICE: Suite 45
Autumn Park Business Centre
Dysart Road
Grantham
Lincolnshire
NG31 7EU





REGISTERED NUMBER: 11233575 (England and Wales)





ACCOUNTANTS: Jackson JMR Limited
Suite 45
Autumn Park Business Centre
Dysart Road
Grantham
Lincolnshire
NG31 7EU

M A Scott Plumbing & Heating Limited (Registered number: 11233575)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 20,000 20,000
Tangible assets 5 6,216 8,287
Investments 6 125,000 85,000
151,216 113,287

CURRENT ASSETS
Debtors 7 67,347 62,008
Prepayments and accrued income 897 605
Cash at bank 29,613 12,830
97,857 75,443
CREDITORS
Amounts falling due within one year 8 218,498 158,519
NET CURRENT LIABILITIES (120,641 ) (83,076 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,575

30,211

CREDITORS
Amounts falling due after more than one
year

9

30,000

30,000
NET ASSETS 575 211

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 375 11
575 211

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

M A Scott Plumbing & Heating Limited (Registered number: 11233575)

Balance Sheet - continued
31 March 2024


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 3 April 2024 and were signed on its behalf by:




M A Scott - Director



L J Mason - Director


M A Scott Plumbing & Heating Limited (Registered number: 11233575)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

M A Scott 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

M A Scott Plumbing & Heating Limited (Registered number: 11233575)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 20,000
NET BOOK VALUE
At 31 March 2024 20,000
At 31 March 2023 20,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 26,140
DEPRECIATION
At 1 April 2023 17,853
Charge for year 2,071
At 31 March 2024 19,924
NET BOOK VALUE
At 31 March 2024 6,216
At 31 March 2023 8,287

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023 85,000
Additions 40,000
At 31 March 2024 125,000
NET BOOK VALUE
At 31 March 2024 125,000
At 31 March 2023 85,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 8,714 3,150
Other debtors 58,633 58,858
67,347 62,008

M A Scott Plumbing & Heating Limited (Registered number: 11233575)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 4,481 -
Trade creditors 790 1
Taxation and social security 29,362 16,126
Other creditors 183,865 142,392
218,498 158,519

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Other creditors 30,000 30,000