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Company registration number: SC444716
Instant Plumbing Ltd
Unaudited filleted financial statements
27 February 2024
Instant Plumbing Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Instant Plumbing Ltd
Directors and other information
Director Mr Peter Buckley
Company number SC444716
Registered office Torridon House
Torridon Lane
Rosyth
Fife
KY11 2EU
Business address 30 Morlich Grove
Dalgety Bay
Fife
KY11 9UX
Accountants John Lynch & Co
Torridon House
Torridon Lane
Rosyth
Fife
KY11 2EU
Instant Plumbing Ltd
Report to the director on the preparation of the
unaudited statutory financial statements of Instant Plumbing Ltd
Year ended 27 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Instant Plumbing Ltd for the year ended 27 February 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.
This report is made solely to the director of Instant Plumbing Ltd, as a body, in accordance with the terms of our engagement letter dated 21 November 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Instant Plumbing Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Instant Plumbing Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Instant Plumbing Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Instant Plumbing Ltd. You consider that Instant Plumbing 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 financial statements of Instant Plumbing 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 financial statements.
John Lynch & Co
Chartered Accountants
Torridon House
Torridon Lane
Rosyth
Fife
KY11 2EU
12 June 2024
Instant Plumbing Ltd
Statement of financial position
27 February 2024
2024 2023
£ £
Fixed assets 10,785 4,933
_______ _______
Current assets 26,161 28,116
Creditors: amounts falling due within one year ( 19,620) ( 20,004)
_______ _______
Net current assets 6,541 8,112
_______ _______
Total assets less current liabilities 17,326 13,045
Creditors: amounts falling due after more than one year ( 5,667) ( 9,667)
Provisions for liabilities ( 875) ( 875)
Accruals and deferred income ( 1,790) ( 1,688)
_______ _______
Net assets 8,994 815
_______ _______
Capital and reserves 8,994 815
_______ _______
Instant Plumbing Ltd
Year ended 27 February 2024
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 1 ).
2. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mr Peter Buckley 7,757 11,454 19,211
_______ _______ _______
2023
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mr Peter Buckley 9,992 ( 2,235) 7,757
_______ _______ _______
For the year ending 27 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 12 June 2024 , and are signed on behalf of the board by:
Mr Peter Buckley
Director
Company registration number: SC444716
The company is a private company limited by shares, registered in Scotland.