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REGISTERED NUMBER: 07765443 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th September 2023

for

Wells Plumbing & Heating Limited

Wells Plumbing & Heating Limited (Registered number: 07765443)






Contents of the Financial Statements
for the Year Ended 30th September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wells Plumbing & Heating Limited

Company Information
for the Year Ended 30th September 2023







DIRECTOR: Mr N D Breakwell





REGISTERED OFFICE: 8 Mill Hill
Shoreham By Sea
West Sussex
BN43 5TH





REGISTERED NUMBER: 07765443 (England and Wales)





ACCOUNTANTS: Cloud Concepts Accounting Ltd
8 Mill Hill
Shoreham By Sea
West Sussex
BN43 5TH

Wells Plumbing & Heating Limited (Registered number: 07765443)

Balance Sheet
30th September 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,364 3,224

CURRENT ASSETS
Debtors 5 5,133 9,531
Cash at bank 12,963 6,377
18,096 15,908
CREDITORS
Amounts falling due within one year 6 (18,172 ) (17,153 )
NET CURRENT LIABILITIES (76 ) (1,245 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,288

1,979

PROVISIONS FOR LIABILITIES 7 (449 ) (612 )
NET ASSETS 1,839 1,367

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,837 1,365
SHAREHOLDERS' FUNDS 1,839 1,367

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

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

The director acknowledges his 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.

Wells Plumbing & Heating Limited (Registered number: 07765443)

Balance Sheet - continued
30th September 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 4th April 2024 and were signed by:





Mr N D Breakwell - Director


Wells Plumbing & Heating Limited (Registered number: 07765443)

Notes to the Financial Statements
for the Year Ended 30th September 2023

1. STATUTORY INFORMATION

Wells 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.

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 etc - 33% on cost and 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Wells Plumbing & Heating Limited (Registered number: 07765443)

Notes to the Financial Statements - continued
for the Year Ended 30th September 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st October 2022
and 30th September 2023 10,348
DEPRECIATION
At 1st October 2022 7,124
Charge for year 860
At 30th September 2023 7,984
NET BOOK VALUE
At 30th September 2023 2,364
At 30th September 2022 3,224

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 5,133 8,417
Other debtors - 1,114
5,133 9,531

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 5,814 3,150
Other creditors 12,358 14,003
18,172 17,153

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 449 612

Deferred
tax
£   
Balance at 1st October 2022 612
Capital allowances in advance (163 )
of depreciation
Balance at 30th September 2023 449