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Company Registration No. 11886263 (England and Wales)
Adams Plumbing and Heating Maintenance Ltd Unaudited accounts for the year ended 31 March 2024
Adams Plumbing and Heating Maintenance Ltd Unaudited accounts Contents
Page
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Adams Plumbing and Heating Maintenance Ltd Company Information for the year ended 31 March 2024
Directors
Mr RA Adams Mrs J Adams
Company Number
11886263 (England and Wales)
Registered Office
12 Highcroft Crescent Leamington Spa Warwickshire CV32 6BN United Kingdom
Accountants
Aspens & Co Ltd 29 Highcroft Crescent Leamington Spa Warwickshire CV32 6BN
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Adams Plumbing and Heating Maintenance Ltd for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Adams Plumbing and Heating Maintenance Ltd for the year ended 31 March 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Adams Plumbing and Heating Maintenance Ltd, as a body, in accordance with the terms of our engagement letter dated 19 March 2019. Our work has been undertaken solely to prepare for your approval the accounts of Adams Plumbing and Heating Maintenance Ltd and state those matters that we have agreed to state to the Board of Directors of Adams Plumbing and Heating Maintenance Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Adams Plumbing and Heating Maintenance Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Adams Plumbing and Heating Maintenance Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Adams Plumbing and Heating Maintenance Ltd. You consider that Adams Plumbing and Heating Maintenance Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Adams Plumbing and Heating Maintenance Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Aspens & Co Ltd Chartered Certified Accountants 29 Highcroft Crescent Leamington Spa Warwickshire CV32 6BN 2 September 2024
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Adams Plumbing and Heating Maintenance Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,781 
29,158 
Current assets
Inventories
5,025 
5,025 
Debtors
1,999 
6,661 
Cash at bank and in hand
34,314 
18,829 
41,338 
30,515 
Creditors: amounts falling due within one year
(41,906)
(34,009)
Net current liabilities
(568)
(3,494)
Total assets less current liabilities
22,213 
25,664 
Creditors: amounts falling due after more than one year
(17,150)
(23,897)
Net assets
5,063 
1,767 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,963 
1,667 
Shareholders' funds
5,063 
1,767 
For the year ending 31 March 2024 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 3 September 2024 and were signed on its behalf by
Mr RA Adams Director Company Registration No. 11886263
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Adams Plumbing and Heating Maintenance Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Adams Plumbing and Heating Maintenance Ltd is a private company, limited by shares, registered in England and Wales, registration number 11886263. The registered office is 12 Highcroft Crescent, Leamington Spa, Warwickshire, CV32 6BN, United Kingdom.
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
33.3% Straight Line
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
1,370 
36,572 
2,396 
40,338 
Additions
1,694 
- 
398 
2,092 
At 31 March 2024
3,064 
36,572 
2,794 
42,430 
Depreciation
At 1 April 2023
1,239 
9,143 
798 
11,180 
Charge for the year
681 
6,857 
931 
8,469 
At 31 March 2024
1,920 
16,000 
1,729 
19,649 
Net book value
At 31 March 2024
1,144 
20,572 
1,065 
22,781 
At 31 March 2023
131 
27,429 
1,598 
29,158 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
20,572 
27,429 
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Adams Plumbing and Heating Maintenance Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
2,573 
Trade debtors
652 
312 
Accrued income and prepayments
1,122 
1,140 
Other debtors
225 
2,636 
1,999 
6,661 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,772 
- 
Obligations under finance leases and hire purchase contracts
11,949 
11,949 
Trade creditors
85 
- 
Taxes and social security
7,024 
36 
Other creditors
4,942 
6,442 
Loans from directors
12,792 
14,008 
Accruals
1,342 
1,574 
41,906 
34,009 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
17,150 
23,897 
8
Transactions with related parties
The company paid interest of £5,365 (2023; £10,952) to Mr RA Adams and Mrs J Adams in respect of their joint Director's Loan Account
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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