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REGISTERED NUMBER: 09951342 (England and Wales)















Financial Statements for the Year Ended 31 January 2024

for

Simple Solutions Plumbing and Heating
Ltd

Simple Solutions Plumbing and Heating
Ltd (Registered number: 09951342)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Simple Solutions Plumbing and Heating
Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mr A J L Bourne





SECRETARY: Ms J E A Tuck





REGISTERED OFFICE: 50 Lorne Gardens
Knaphill
Woking
Surrey
GU21 2QL





REGISTERED NUMBER: 09951342 (England and Wales)





ACCOUNTANTS: Turner Hampton
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

Simple Solutions Plumbing and Heating
Ltd (Registered number: 09951342)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 7,093 9,542

CURRENT ASSETS
Debtors 5 9,014 8,187
Cash at bank 26,373 18,766
35,387 26,953
CREDITORS
Amounts falling due within one year 6 (21,335 ) (19,719 )
NET CURRENT ASSETS 14,052 7,234
TOTAL ASSETS LESS CURRENT LIABILITIES 21,145 16,776

PROVISIONS FOR LIABILITIES (1,348 ) (1,813 )
NET ASSETS 19,797 14,963

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 19,796 14,962
19,797 14,963

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

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

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 5 August 2024 and were signed by:




Mr A J L Bourne - Director


Simple Solutions Plumbing and Heating
Ltd (Registered number: 09951342)

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


1. STATUTORY INFORMATION

Simple Solutions Plumbing and Heating Ltd 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
Revenue 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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 2 (2023 - 1 ) .

Simple Solutions Plumbing and Heating
Ltd (Registered number: 09951342)

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


4. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023
and 31 January 2024 10,830 21,999 3,017 35,846
DEPRECIATION
At 1 February 2023 6,622 16,779 2,903 26,304
Charge for year 1,052 1,305 92 2,449
At 31 January 2024 7,674 18,084 2,995 28,753
NET BOOK VALUE
At 31 January 2024 3,156 3,915 22 7,093
At 31 January 2023 4,208 5,220 114 9,542

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 5,565 4,266
Other debtors 3,449 3,921
9,014 8,187

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 5,691 3,008
Taxation and social security 13,644 12,288
Other creditors 2,000 4,423
21,335 19,719