Company Registration No. SC536713 (Scotland)
Plumbing Plus Glasgow Ltd
Unaudited accounts
for the year ended 30 November 2023
Plumbing Plus Glasgow Ltd
Unaudited accounts
Contents
Plumbing Plus Glasgow Ltd
Company Information
for the year ended 30 November 2023
Directors
Craig Andrews
Shirley Ann Andrews
Company Number
SC536713 (Scotland)
Registered Office
UNIT 2 SPIERSBRIDGE AVENUE
THORNLIEBANK
GLASGOW
G46 8NL
SCOTLAND
Accountants
McKinnon & Co Ltd ACPA
33 Newmarket Street
Ayr
Ayrshire
KA7 1LL
Plumbing Plus Glasgow Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
105,783
92,654
Inventories
134,750
84,750
Cash at bank and in hand
34,786
48,842
Creditors: amounts falling due within one year
(209,836)
(311,376)
Net current assets/(liabilities)
59,029
(80,413)
Total assets less current liabilities
164,812
12,241
Creditors: amounts falling due after more than one year
(47,659)
(34,028)
Net assets/(liabilities)
117,153
(21,787)
Called up share capital
1
1
Profit and loss account
117,152
(21,788)
Shareholders' funds
117,153
(21,787)
For the year ending 30 November 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 18 December 2023 and were signed on its behalf by
Craig Andrews
Director
Company Registration No. SC536713
Plumbing Plus Glasgow Ltd
Notes to the Accounts
for the year ended 30 November 2023
Plumbing Plus Glasgow Ltd is a private company, limited by shares, registered in Scotland, registration number SC536713. The registered office is UNIT 2 SPIERSBRIDGE AVENUE, THORNLIEBANK, GLASGOW, G46 8NL, SCOTLAND.
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.
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:
Motor vehicles
20% Reducing
Fixtures & fittings
Straight Line Method
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
29,518
4,000
88,625
122,143
Additions
-
27,900
-
27,900
At 30 November 2023
29,518
31,900
88,625
150,043
At 1 December 2022
-
2,362
27,127
29,489
Charge for the year
-
5,908
8,863
14,771
At 30 November 2023
-
8,270
35,990
44,260
At 30 November 2023
29,518
23,630
52,635
105,783
At 30 November 2022
29,518
1,638
61,498
92,654
Plumbing Plus Glasgow Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Other debtors
94,070
96,110
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
122,421
227,366
Taxes and social security
10,245
6,712
Loans from directors
14,026
77,222
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
24,279
-
8
Average number of employees
During the year the average number of employees was 6 (2022: 5).