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REGISTERED NUMBER: 04618569 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2024

FOR

D. WARNER PLUMBING & HEATING LIMITED

D. WARNER PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 04618569)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D. WARNER PLUMBING & HEATING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 5 APRIL 2024







DIRECTOR: D H Warner





REGISTERED OFFICE: 6 Missing Oak Close
Bedworth
Warwickshire
CV12 0DT





REGISTERED NUMBER: 04618569 (England and Wales)





ACCOUNTANTS: Armstrongs
Chartered Accountants and Tax Advisers
1 & 2 Mercia Village
Torwood Close
Westwood Business Park
Coventry
West Midlands
CV4 8HX

D. WARNER PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 04618569)

BALANCE SHEET
5 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,760 14,838
Investment property 6 280,000 280,000
284,760 294,838

CURRENT ASSETS
Stocks 7 133,402 114,510
Debtors 8 18,457 25,212
Cash at bank 20,137 9,592
171,996 149,314
CREDITORS
Amounts falling due within one year 9 242,572 219,367
NET CURRENT LIABILITIES (70,576 ) (70,053 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

214,184

224,785

CREDITORS
Amounts falling due after more than one
year

10

-

(3,173

)

PROVISIONS FOR LIABILITIES (9,665 ) (11,580 )
NET ASSETS 204,519 210,032

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 11 52,503 52,503
Retained earnings 152,014 157,527
SHAREHOLDERS' FUNDS 204,519 210,032

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

D. WARNER PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 04618569)

BALANCE SHEET - continued
5 APRIL 2024


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 27 August 2024 and were signed by:





D H Warner - Director


D. WARNER PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 04618569)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

1. STATUTORY INFORMATION

D. Warner Plumbing & Heating 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.

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 net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch/delivery of the goods.

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from the provision of services is recognised by reference to the stage of completion at the balance sheet date.

Goodwill
Goodwill was acquired in 2003. It has now been fully amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Work in progress is calculated on the basis of costs incurred on the development of property.


D. WARNER PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 04618569)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024

2. ACCOUNTING POLICIES - continued
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 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 6 April 2023
and 5 April 2024 10,000
AMORTISATION
At 6 April 2023
and 5 April 2024 10,000
NET BOOK VALUE
At 5 April 2024 -
At 5 April 2023 -

D. WARNER PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 04618569)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 6 April 2023
and 5 April 2024 634 54,150 439 55,223
DEPRECIATION
At 6 April 2023 614 39,332 439 40,385
Charge for year 20 10,058 - 10,078
At 5 April 2024 634 49,390 439 50,463
NET BOOK VALUE
At 5 April 2024 - 4,760 - 4,760
At 5 April 2023 20 14,818 - 14,838

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2023
and 5 April 2024 280,000
NET BOOK VALUE
At 5 April 2024 280,000
At 5 April 2023 280,000

Investment property comprises 1 Missing Oak Close and 2 Missing Oak Close. The fair value of the investment properties have been arrived at on the basis of a valuation carried out at the year end by the Director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

7. STOCKS
2024 2023
£    £   
Stocks 200 200
Work-in-progress 133,202 114,310
133,402 114,510

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,228 19,465
VAT - 2,089
Prepayments 4,229 3,658
18,457 25,212

D. WARNER PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 04618569)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 3,604 6,346
Trade creditors 1,507 3,960
Corporation tax 3,436 4,276
Social security and other taxes 702 654
VAT 2,601 -
Other creditors 369 3,215
Directors' current accounts 211,520 182,168
Accrued expenses 18,833 18,748
242,572 219,367

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 3,173

11. RESERVES
Fair
value
reserve
£   
At 6 April 2023
and 5 April 2024 52,503