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REGISTERED NUMBER: 02433506 (England and Wales)

























Financial Statements

for the Year Ended 31 December 2023

for

Pump World Limited

Pump World Limited (Registered number: 02433506)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pump World Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: N V Harris
Mrs J D Harris





SECRETARY: Mrs J D Harris





REGISTERED OFFICE: Unit 11
Woodside Road
South Marston Park
Swindon
Wiltshire
SN3 4WA





REGISTERED NUMBER: 02433506 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

Pump World Limited (Registered number: 02433506)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,915 9,161

CURRENT ASSETS
Stocks 5 59,051 77,944
Debtors 6 234,641 229,301
Cash at bank and in hand 137,161 144,554
430,853 451,799
CREDITORS
Amounts falling due within one year 7 112,366 124,189
NET CURRENT ASSETS 318,487 327,610
TOTAL ASSETS LESS CURRENT
LIABILITIES

325,402

336,771

PROVISIONS FOR LIABILITIES 1,436 1,934
NET ASSETS 323,966 334,837

CAPITAL AND RESERVES
Called up share capital 80 80
Retained earnings 323,886 334,757
SHAREHOLDERS' FUNDS 323,966 334,837

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

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 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.

Pump World Limited (Registered number: 02433506)

Balance Sheet - continued
31 December 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 18 April 2024 and were signed on its behalf by:




N V Harris - Director



Mrs J D Harris - Director


Pump World Limited (Registered number: 02433506)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Pump World 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, 20% on cost and 20% on reducing balance

Stocks
Stock has been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress, cost includes a relevant proportion of overheads according to the stage manufacture or completion.

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.

Pump World Limited (Registered number: 02433506)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 89,286
Additions 771
At 31 December 2023 90,057
DEPRECIATION
At 1 January 2023 80,125
Charge for year 3,017
At 31 December 2023 83,142
NET BOOK VALUE
At 31 December 2023 6,915
At 31 December 2022 9,161

5. STOCKS
31.12.23 31.12.22
£    £   
Finished goods 59,051 77,944

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 44,740 47,778
Other debtors 189,901 181,523
234,641 229,301

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 85,124 82,229
Other creditors 27,242 41,960
112,366 124,189