Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 08185897 Mrs Claire Thomas Mr Rory Thomas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08185897 2023-08-31 08185897 2024-08-31 08185897 2023-09-01 2024-08-31 08185897 frs-core:CurrentFinancialInstruments 2024-08-31 08185897 frs-core:Non-currentFinancialInstruments 2024-08-31 08185897 frs-core:BetweenOneFiveYears 2024-08-31 08185897 frs-core:ComputerEquipment 2024-08-31 08185897 frs-core:ComputerEquipment 2023-09-01 2024-08-31 08185897 frs-core:ComputerEquipment 2023-08-31 08185897 frs-core:NetGoodwill 2024-08-31 08185897 frs-core:NetGoodwill 2023-09-01 2024-08-31 08185897 frs-core:NetGoodwill 2023-08-31 08185897 frs-core:MotorVehicles 2024-08-31 08185897 frs-core:MotorVehicles 2023-09-01 2024-08-31 08185897 frs-core:MotorVehicles 2023-08-31 08185897 frs-core:PlantMachinery 2024-08-31 08185897 frs-core:PlantMachinery 2023-09-01 2024-08-31 08185897 frs-core:PlantMachinery 2023-08-31 08185897 frs-core:WithinOneYear 2024-08-31 08185897 frs-core:ShareCapital 2024-08-31 08185897 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08185897 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08185897 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 08185897 frs-bus:SmallEntities 2023-09-01 2024-08-31 08185897 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 08185897 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08185897 frs-bus:Director1 2023-09-01 2024-08-31 08185897 frs-bus:Director2 2023-09-01 2024-08-31 08185897 frs-countries:EnglandWales 2023-09-01 2024-08-31 08185897 2022-08-31 08185897 2023-08-31 08185897 2022-09-01 2023-08-31 08185897 frs-core:CurrentFinancialInstruments 2023-08-31 08185897 frs-core:Non-currentFinancialInstruments 2023-08-31 08185897 frs-core:BetweenOneFiveYears 2023-08-31 08185897 frs-core:WithinOneYear 2023-08-31 08185897 frs-core:ShareCapital 2023-08-31 08185897 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 08185897
R Thomas Plumbing And Heating Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
James Khan
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08185897
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 18,690 7,935
18,690 7,935
CURRENT ASSETS
Debtors 6 17,259 14,952
Cash at bank and in hand 47,115 36,955
64,374 51,907
Creditors: Amounts Falling Due Within One Year 7 (30,111 ) (25,188 )
NET CURRENT ASSETS (LIABILITIES) 34,263 26,719
TOTAL ASSETS LESS CURRENT LIABILITIES 52,953 34,654
Creditors: Amounts Falling Due After More Than One Year 8 (26,986 ) (8,941 )
NET ASSETS 25,967 25,713
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 25,966 25,712
SHAREHOLDERS' FUNDS 25,967 25,713
Page 1
Page 2
For the year ending 31 August 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Rory Thomas
Director
04/10/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
R Thomas Plumbing And Heating Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08185897 . The registered office is 42 Mountbatten Close, Cardiff, CF23 5QH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of five years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 20% reducing balance
Computer Equipment 25% reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. Taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2023 20,000
As at 31 August 2024 20,000
Amortisation
As at 1 September 2023 20,000
As at 31 August 2024 20,000
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2023 1,366 12,995 4,376 18,737
Additions - 20,540 399 20,939
Disposals - (12,995 ) - (12,995 )
As at 31 August 2024 1,366 20,540 4,775 26,681
Depreciation
As at 1 September 2023 1,028 7,672 2,102 10,802
Provided during the period 85 4,108 668 4,861
Disposals - (7,672 ) - (7,672 )
As at 31 August 2024 1,113 4,108 2,770 7,991
Net Book Value
As at 31 August 2024 253 16,432 2,005 18,690
As at 1 September 2023 338 5,323 2,274 7,935
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 252 1,428
Other debtors 17,007 13,524
17,259 14,952
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,728 1,353
Trade creditors 3,314 5,602
Bank loans and overdrafts 4,000 4,000
Other creditors 6,579 3,003
Taxation and social security 12,490 11,230
30,111 25,188
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 5,650 -
Bank loans 3,000 7,000
Other creditors 18,336 1,941
26,986 8,941
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,728 1,353
Later than one year and not later than five years 5,650 -
9,378 1,353
9,378 1,353
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5