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REGISTERED NUMBER: 01679067 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JANUARY 2024

FOR

GRUMMANT (HEATING & PLUMBING SERVICES)
LIMITED

GRUMMANT (HEATING & PLUMBING SERVICES)
LIMITED (REGISTERED NUMBER: 01679067)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GRUMMANT (HEATING & PLUMBING SERVICES)
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JANUARY 2024







DIRECTORS: Mrs J Davies
S J Rattenbury
L J Rattenbury





SECRETARY: Mrs J Davies





REGISTERED OFFICE: Unit 44, The Oaks Invicta Way
Manston Business Park
Ramsgate
Kent
CT12 5FN





REGISTERED NUMBER: 01679067 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
2 The Links
HERNE BAY
Kent
CT6 7GQ

GRUMMANT (HEATING & PLUMBING SERVICES)
LIMITED (REGISTERED NUMBER: 01679067)

BALANCE SHEET
30TH JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 201,078 186,057

CURRENT ASSETS
Stocks 6,635 5,516
Debtors 6 1,497,664 898,737
Cash at bank 28 9,020
1,504,327 913,273
CREDITORS
Amounts falling due within one year 7 1,022,163 429,091
NET CURRENT ASSETS 482,164 484,182
TOTAL ASSETS LESS CURRENT
LIABILITIES

683,242

670,239

CREDITORS
Amounts falling due after more than one
year

8

(18,783

)

(18,415

)

PROVISIONS FOR LIABILITIES (17,787 ) (14,458 )
NET ASSETS 646,672 637,366

CAPITAL AND RESERVES
Called up share capital 9 40,100 40,100
Revaluation reserve 10 77,515 79,453
Retained earnings 529,057 517,813
SHAREHOLDERS' FUNDS 646,672 637,366

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th January 2024 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.

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 26th July 2024 and were signed on its behalf by:




S J Rattenbury - Director


GRUMMANT (HEATING & PLUMBING SERVICES)
LIMITED (REGISTERED NUMBER: 01679067)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JANUARY 2024

1. STATUTORY INFORMATION

Grummant (Heating & Plumbing Services) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - 2% straight line
Plant and machinery etc - 25% on a straight line basis and 20% on a straight line basis

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

GRUMMANT (HEATING & PLUMBING SERVICES)
LIMITED (REGISTERED NUMBER: 01679067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JANUARY 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2023 - 28 ) .

5. TANGIBLE FIXED ASSETS
Freehold Long Plant and
property leasehold machinery
£    £    £   
COST
At 31st January 2023 125,000 7,464 27,461
Additions - - 4,599
Disposals - - -
At 30th January 2024 125,000 7,464 32,060
DEPRECIATION
At 31st January 2023 22,500 - 15,689
Charge for year 2,500 - 3,503
Eliminated on disposal - - -
At 30th January 2024 25,000 - 19,192
NET BOOK VALUE
At 30th January 2024 100,000 7,464 12,868
At 30th January 2023 102,500 7,464 11,772

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 31st January 2023 189,789 28,709 378,423
Additions 46,865 1,758 53,222
Disposals (10,100 ) - (10,100 )
At 30th January 2024 226,554 30,467 421,545
DEPRECIATION
At 31st January 2023 127,041 27,136 192,366
Charge for year 30,700 1,498 38,201
Eliminated on disposal (10,100 ) - (10,100 )
At 30th January 2024 147,641 28,634 220,467
NET BOOK VALUE
At 30th January 2024 78,913 1,833 201,078
At 30th January 2023 62,748 1,573 186,057

GRUMMANT (HEATING & PLUMBING SERVICES)
LIMITED (REGISTERED NUMBER: 01679067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JANUARY 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 31st January 2023 102,929
Additions 23,370
Transfer to ownership (50,194 )
At 30th January 2024 76,105
DEPRECIATION
At 31st January 2023 64,078
Charge for year 12,884
Transfer to ownership (40,155 )
At 30th January 2024 36,807
NET BOOK VALUE
At 30th January 2024 39,298
At 30th January 2023 38,851

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 216,014 77,635
Amounts recoverable on contract 1,059,253 645,079
Other debtors 207,225 153,984
1,482,492 876,698

Amounts falling due after more than one year:
Other debtors 15,172 22,039

Aggregate amounts 1,497,664 898,737

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 65,991 -
Hire purchase contracts 18,769 19,613
Trade creditors 833,307 357,873
Taxation and social security 78,940 23,223
Other creditors 25,156 28,382
1,022,163 429,091

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 18,783 18,415

GRUMMANT (HEATING & PLUMBING SERVICES)
LIMITED (REGISTERED NUMBER: 01679067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JANUARY 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
36,000 Ordinary 'A' £1 36,000 36,000
2,000 Ordinary 'B' £1 2,000 2,000
2,000 Ordinary 'C' £1 2,000 2,000
100 Ordinary 'D' £1 100 100
40,100 40,100

10. RESERVES
Revaluation
reserve
£   
At 31st January 2023 79,453
Revaluation reserve transfer (1,938 )

At 30th January 2024 77,515

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th January 2024 and 30th January 2023:

2024 2023
£    £   
S J Rattenbury
Balance outstanding at start of year 67,783 67,026
Amounts advanced 66,634 87,182
Amounts repaid (89,492 ) (86,425 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 44,925 67,783