IRIS Accounts Production v24.2.0.383 03564479 Board of Directors Board of Directors 1.7.23 30.6.24 30.6.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh035644792023-06-30035644792024-06-30035644792023-07-012024-06-30035644792022-06-30035644792022-07-012023-06-30035644792023-06-3003564479ns15:EnglandWales2023-07-012024-06-3003564479ns14:PoundSterling2023-07-012024-06-3003564479ns10:Director12023-07-012024-06-3003564479ns10:Director22023-07-012024-06-3003564479ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3003564479ns10:SmallEntities2023-07-012024-06-3003564479ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3003564479ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3003564479ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3003564479ns10:FullAccounts2023-07-012024-06-300356447912023-07-012024-06-3003564479ns10:Director32023-07-012024-06-3003564479ns10:CompanySecretary12023-07-012024-06-3003564479ns10:RegisteredOffice2023-07-012024-06-3003564479ns5:CurrentFinancialInstruments2024-06-3003564479ns5:CurrentFinancialInstruments2023-06-3003564479ns5:ShareCapital2024-06-3003564479ns5:ShareCapital2023-06-3003564479ns5:RetainedEarningsAccumulatedLosses2024-06-3003564479ns5:RetainedEarningsAccumulatedLosses2023-06-3003564479ns5:NetGoodwill2023-07-012024-06-3003564479ns5:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3003564479ns5:PlantMachinery2023-07-012024-06-3003564479ns5:FurnitureFittings2023-07-012024-06-3003564479ns5:MotorVehicles2023-07-012024-06-3003564479ns5:NetGoodwill2023-06-3003564479ns5:NetGoodwill2024-06-3003564479ns5:NetGoodwill2023-06-3003564479ns5:PlantMachinery2023-06-3003564479ns5:FurnitureFittings2023-06-3003564479ns5:MotorVehicles2023-06-3003564479ns5:PlantMachinery2024-06-3003564479ns5:FurnitureFittings2024-06-3003564479ns5:MotorVehicles2024-06-3003564479ns5:PlantMachinery2023-06-3003564479ns5:FurnitureFittings2023-06-3003564479ns5:MotorVehicles2023-06-3003564479ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3003564479ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 03564479 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

W.D. TAYLOR PLUMBING & HEATING LIMITED

W.D. TAYLOR PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 03564479)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


W.D. TAYLOR PLUMBING & HEATING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: G W Taylor
S R Taylor
Mrs D H Taylor





SECRETARY: Mrs L Mulvey





REGISTERED OFFICE: 66 High Street
Rusthall
Tunbridge Wells
Kent
TN4 8SD





REGISTERED NUMBER: 03564479 (England and Wales)





ACCOUNTANTS: Watson Associates (Professional Services) Limited
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

W.D. TAYLOR PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 03564479)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 19,580 25,126
19,580 25,126

CURRENT ASSETS
Stocks 10,853 14,390
Debtors 6 29,852 37,940
Cash at bank 166,631 106,410
207,336 158,740
CREDITORS
Amounts falling due within one year 7 (90,466 ) (69,646 )
NET CURRENT ASSETS 116,870 89,094
TOTAL ASSETS LESS CURRENT
LIABILITIES

136,450

114,220

CAPITAL AND RESERVES
Called up share capital 8 36,000 36,000
Retained earnings 100,450 78,220
SHAREHOLDERS' FUNDS 136,450 114,220

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

W.D. TAYLOR PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 03564479)

BALANCE SHEET - continued
30 JUNE 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2024 and were signed on its behalf by:




G W Taylor - Director



S R Taylor - Director


W.D. TAYLOR PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 03564479)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

W.D. Taylor 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, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1998, is being amortised evenly over its estimated useful life of ten years.

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 - 10% on reducing balance
Fixtures and fittings - 33% on reducing balance and 10% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

W.D. TAYLOR PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 03564479)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 10,000
AMORTISATION
At 1 July 2023
and 30 June 2024 10,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 July 2023
and 30 June 2024 7,289 9,582 55,046 71,917
DEPRECIATION
At 1 July 2023 3,783 8,358 34,650 46,791
Charge for year 325 122 5,099 5,546
At 30 June 2024 4,108 8,480 39,749 52,337
NET BOOK VALUE
At 30 June 2024 3,181 1,102 15,297 19,580
At 30 June 2023 3,506 1,224 20,396 25,126

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 26,528 34,729
Prepayments 3,324 3,211
29,852 37,940

W.D. TAYLOR PLUMBING & HEATING LIMITED (REGISTERED NUMBER: 03564479)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 10,830 19,238
Tax 30,900 27,000
Social security and other taxes 1,730 1,519
VAT 18,408 10,087
Other creditors 16,022 -
Directors' current accounts 9,476 8,852
Accrued expenses 3,100 2,950
90,466 69,646

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
800 Ordinary A shares £1 800 800
8,800 Ordinary B shares £1 8,800 8,800
8,800 Ordinary C shares £1 8,800 8,800
8,800 Ordinary D shares £1 8,800 8,800
8,800 Ordinary E shares £1 8,800 8,800
36,000 36,000