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REGISTERED NUMBER: SC270977 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 October 2023

for

Domestic Plumbing & Heating (Scotland)
Limited

Domestic Plumbing & Heating (Scotland)
Limited (Registered number: SC270977)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Domestic Plumbing & Heating (Scotland)
Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: J Devaney





SECRETARY: Mrs L J Devaney





REGISTERED OFFICE: 12 Langlands Street
Dundee
Tayside
DD4 6SZ





REGISTERED NUMBER: SC270977 (Scotland)





ACCOUNTANTS: D.J. Martin & Co.
40/42 Brantwood Avenue
Dundee
Tayside
DD3 6EW

Domestic Plumbing & Heating (Scotland)
Limited (Registered number: SC270977)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 420,240 398,175

CURRENT ASSETS
Stocks 1,660 6,430
Debtors 5 144,117 209,896
Cash at bank and in hand 805,294 664,184
951,071 880,510
CREDITORS
Amounts falling due within one year 6 215,133 219,322
NET CURRENT ASSETS 735,938 661,188
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,156,178

1,059,363

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,156,078 1,059,263
SHAREHOLDERS' FUNDS 1,156,178 1,059,363

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

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

Domestic Plumbing & Heating (Scotland)
Limited (Registered number: SC270977)

Balance Sheet - continued
31 October 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 director and authorised for issue on 30 July 2024 and were signed by:





J Devaney - Director


Domestic Plumbing & Heating (Scotland)
Limited (Registered number: SC270977)

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

1. STATUTORY INFORMATION

Domestic Plumbing & Heating (Scotland) Limited is a private company, limited by shares , registered in Scotland. 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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Domestic Plumbing & Heating (Scotland)
Limited (Registered number: SC270977)

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

2. ACCOUNTING POLICIES - continued

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 6 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 November 2022 366,020 19,608 6,316
Additions - - -
At 31 October 2023 366,020 19,608 6,316
DEPRECIATION
At 1 November 2022 - 15,605 2,870
Charge for year - 600 517
At 31 October 2023 - 16,205 3,387
NET BOOK VALUE
At 31 October 2023 366,020 3,403 2,929
At 31 October 2022 366,020 4,003 3,446

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2022 92,899 3,747 488,590
Additions 39,239 - 39,239
At 31 October 2023 132,138 3,747 527,829
DEPRECIATION
At 1 November 2022 69,037 2,903 90,415
Charge for year 15,775 282 17,174
At 31 October 2023 84,812 3,185 107,589
NET BOOK VALUE
At 31 October 2023 47,326 562 420,240
At 31 October 2022 23,862 844 398,175

Domestic Plumbing & Heating (Scotland)
Limited (Registered number: SC270977)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 109,833 154,084
Other debtors 34,284 55,812
144,117 209,896

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 114,921 158,790
Taxation and social security 52,185 41,346
Other creditors 48,027 19,186
215,133 219,322