Registered number
06279979
Faruk Adam Heating & Plumbing Ltd
Report and Accounts
30 June 2024
Faruk Adam Heating & Plumbing Ltd
Report to the director on the preparation of the unaudited statutory accounts of Faruk Adam Heating & Plumbing Ltd for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Faruk Adam Heating & Plumbing Ltd for the year ended 30 June 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes 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
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Limited
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
4 October 2024
Faruk Adam Heating & Plumbing Ltd
Registered number: 06279979
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 8,748 11,664
Current assets
Cash at bank and in hand 22,714 12,558
Creditors: amounts falling due within one year 4 (31,459) (18,182)
Net current liabilities (8,745) (5,624)
Total assets less current liabilities 3 6,040
Creditors: amounts falling due after more than one year 5 (2,666) (5,452)
Net (liabilities)/assets (2,663) 588
Capital and reserves
Profit and loss account (2,663) 588
Shareholder's funds (2,663) 588
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
F A I Patel
Director
Approved by the board on 4 October 2024
Faruk Adam Heating & Plumbing Ltd
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover represents the value, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 July 2023 1,925 22,620 24,545
At 30 June 2024 1,925 22,620 24,545
Depreciation
At 1 July 2023 1,924 10,957 12,881
Charge for the year - 2,916 2,916
At 30 June 2024 1,924 13,873 15,797
Net book value
At 30 June 2024 1 8,747 8,748
At 30 June 2023 1 11,663 11,664
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 2,796 2,796
Other creditors 28,663 15,386
31,459 18,182
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 2,666 5,452
6 Other information
Faruk Adam Heating & Plumbing Ltd is a private company limited by shares and incorporated in England. Its registered office is:
132 Nansen Road
Leicester
LE5 5NJ
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