Company Registration No. 12982106 (England and Wales)
Flush & Flow Plumbing & Heating Ltd
Unaudited accounts
for the year ended 31 October 2023
Flush & Flow Plumbing & Heating Ltd
Unaudited accounts
Contents
Flush & Flow Plumbing & Heating Ltd
Company Information
for the year ended 31 October 2023
Directors
Mr D Cheraitia
Miss S White
Company Number
12982106 (England and Wales)
Registered Office
23 Ridgeway West
Sidcup
Kent
DA15 8SF
UK
Accountants
G&C
43 London Road
Greenhithe
Kent
DA9 9EJ
Flush & Flow Plumbing & Heating Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
14,066
8,380
Cash at bank and in hand
12,806
2,563
Creditors: amounts falling due within one year
(7,499)
(9,837)
Net current assets/(liabilities)
5,307
(7,274)
Total assets less current liabilities
19,373
1,106
Creditors: amounts falling due after more than one year
(5,358)
-
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
11,243
1,006
Shareholders' funds
11,343
1,106
For the year ending 31 October 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by
Mr D Cheraitia
Director
Company Registration No. 12982106
Flush & Flow Plumbing & Heating Ltd
Notes to the Accounts
for the year ended 31 October 2023
Flush & Flow Plumbing & Heating Ltd is a private company, limited by shares, registered in England and Wales, registration number 12982106. The registered office is 23 Ridgeway West, Sidcup, Kent, DA15 8SF, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
15% on reducing balance
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.
Flush & Flow Plumbing & Heating Ltd
Notes to the Accounts
for the year ended 31 October 2023
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
11,599
-
-
11,599
Additions
14,990
107
368
15,465
Disposals
(10,099)
-
-
(10,099)
At 31 October 2023
16,490
107
368
16,965
At 1 November 2022
3,219
-
-
3,219
Charge for the year
2,412
16
55
2,483
On disposals
(2,803)
-
-
(2,803)
At 31 October 2023
2,828
16
55
2,899
At 31 October 2023
13,662
91
313
14,066
At 31 October 2022
8,380
-
-
8,380
5
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
1,738
-
Taxes and social security
4,227
-
6
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
5,358
-
7
Average number of employees
During the year the average number of employees was 1 (2022: 0).