1 December 2022 false No description of principal activity Taxfiler 2024.5 true 07001584business:PrivateLimitedCompanyLtd2022-12-012023-11-30 070015842022-11-30 070015842022-12-012023-11-30 07001584business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 07001584business:FilletedAccounts2022-12-012023-11-30 070015842023-11-30 07001584business:Director12022-12-012023-11-30 07001584business:Director22022-12-012023-11-30 07001584business:RegisteredOffice2022-12-012023-11-30 070015842022-11-30 07001584core:WithinOneYear2023-11-30 07001584core:WithinOneYear2022-11-30 07001584core:AfterOneYear2023-11-30 07001584core:AfterOneYear2022-11-30 07001584core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 07001584core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 07001584core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 07001584core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 07001584core:PreviouslyStatedAmount2023-11-30 07001584core:PreviouslyStatedAmount2022-11-30 07001584business:SmallEntities2022-12-012023-11-30 07001584countries:EnglandWales2022-12-012023-11-30 07001584core:PlantMachinery2022-12-012023-11-30 07001584core:MotorVehicles2022-12-012023-11-30 07001584core:ComputerEquipment2022-12-012023-11-30 07001584core:PlantMachinery2022-11-30 07001584core:MotorVehicles2022-11-30 07001584core:ComputerEquipment2022-11-30 07001584core:PlantMachinery2023-11-30 07001584core:MotorVehicles2023-11-30 07001584core:ComputerEquipment2023-11-30 07001584core:MotorVehiclescore:LeasedAssetsHeldAsLessee2023-11-30 07001584core:MotorVehiclescore:LeasedAssetsHeldAsLessee2022-11-30 070015842021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 07001584 (England and Wales)
Talbot (Plumbing & Heating) Limited Unaudited accounts for the year ended 30 November 2023
Talbot (Plumbing & Heating) Limited Unaudited accounts Contents
Page
- 2 -
Talbot (Plumbing & Heating) Limited Company Information for the year ended 30 November 2023
Directors
Abigail Lord David Lord
Company Number
07001584 (England and Wales)
Registered Office
Barn Cottage West Orchard Shaftesbury Dorset SP7 0LJ
Accountants
Andrew Donaldson 17 Lake Walk Adderbury Banbury Oxon OX17 3PF
- 3 -
Talbot (Plumbing & Heating) Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,295 
20,470 
Current assets
Inventories
2,300 
4,034 
Debtors
3,101 
4,030 
Cash at bank and in hand
1,381 
47 
6,782 
8,111 
Creditors: amounts falling due within one year
(21,983)
(29,992)
Net current liabilities
(15,201)
(21,881)
Total assets less current liabilities
1,094 
(1,411)
Creditors: amounts falling due after more than one year
(16,524)
(23,482)
Net liabilities
(15,430)
(24,893)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(15,432)
(24,895)
Shareholders' funds
(15,430)
(24,893)
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 30 August 2024 and were signed on its behalf by
David Lord Director Company Registration No. 07001584
- 4 -
Talbot (Plumbing & Heating) Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Talbot (Plumbing & Heating) Limited is a private company, limited by shares, registered in England and Wales, registration number 07001584. The registered office is Barn Cottage, West Orchard, Shaftesbury, Dorset, SP7 0LJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
Going concern
At 30 November 2023 the company had net liabilities of £15,430 and is reliant on the support of the directors. These accounts have been prepared on the going concern basis.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
9,118 
30,999 
1,873 
41,990 
Additions
1,190 
- 
- 
1,190 
At 30 November 2023
10,308 
30,999 
1,873 
43,180 
Depreciation
At 1 December 2022
7,401 
12,312 
1,807 
21,520 
Charge for the year
677 
4,672 
16 
5,365 
At 30 November 2023
8,078 
16,984 
1,823 
26,885 
Net book value
At 30 November 2023
2,230 
14,015 
50 
16,295 
At 30 November 2022
1,717 
18,687 
66 
20,470 
- 5 -
Talbot (Plumbing & Heating) Limited Notes to the Accounts for the year ended 30 November 2023
2023 
2022 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
14,015 
18,687 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,279 
3,930 
Accrued income and prepayments
822 
100 
3,101 
4,030 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,456 
2,456 
VAT
1,004 
1,050 
Obligations under finance leases and hire purchase contracts
4,898 
4,898 
Trade creditors
1,894 
3,771 
Loans from directors
11,281 
16,682 
Accruals
450 
1,135 
21,983 
29,992 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
12,268 
14,329 
Obligations under finance leases and hire purchase contracts
4,256 
9,153 
16,524 
23,482 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -