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 12148409 Mr Gary Gorman Mr Danny Gorman Mr William Jolley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12148409 2023-08-31 12148409 2024-08-31 12148409 2023-09-01 2024-08-31 12148409 frs-core:CurrentFinancialInstruments 2024-08-31 12148409 frs-core:Non-currentFinancialInstruments 2024-08-31 12148409 frs-core:ComputerEquipment 2024-08-31 12148409 frs-core:ComputerEquipment 2023-09-01 2024-08-31 12148409 frs-core:ComputerEquipment 2023-08-31 12148409 frs-core:FurnitureFittings 2024-08-31 12148409 frs-core:FurnitureFittings 2023-09-01 2024-08-31 12148409 frs-core:FurnitureFittings 2023-08-31 12148409 frs-core:MotorVehicles 2024-08-31 12148409 frs-core:MotorVehicles 2023-09-01 2024-08-31 12148409 frs-core:MotorVehicles 2023-08-31 12148409 frs-core:PlantMachinery 2024-08-31 12148409 frs-core:PlantMachinery 2023-09-01 2024-08-31 12148409 frs-core:PlantMachinery 2023-08-31 12148409 frs-core:ShareCapital 2024-08-31 12148409 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12148409 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12148409 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12148409 frs-bus:SmallEntities 2023-09-01 2024-08-31 12148409 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12148409 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12148409 frs-bus:Director1 2023-09-01 2024-08-31 12148409 frs-bus:Director2 2023-09-01 2024-08-31 12148409 frs-bus:Director3 2023-09-01 2024-08-31 12148409 frs-countries:EnglandWales 2023-09-01 2024-08-31 12148409 2022-08-31 12148409 2023-08-31 12148409 2022-09-01 2023-08-31 12148409 frs-core:CurrentFinancialInstruments 2023-08-31 12148409 frs-core:Non-currentFinancialInstruments 2023-08-31 12148409 frs-core:ShareCapital 2023-08-31 12148409 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 12148409
BDG Plumbing & Heating Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12148409
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,717 11,319
10,717 11,319
CURRENT ASSETS
Debtors 5 95,514 75,649
Cash at bank and in hand 6,440 1,640
101,954 77,289
Creditors: Amounts Falling Due Within One Year 6 (70,831 ) (40,692 )
NET CURRENT ASSETS (LIABILITIES) 31,123 36,597
TOTAL ASSETS LESS CURRENT LIABILITIES 41,840 47,916
Creditors: Amounts Falling Due After More Than One Year 7 (7,019 ) (15,250 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,679 ) (2,332 )
NET ASSETS 32,142 30,334
CAPITAL AND RESERVES
Called up share capital 8 3 3
Profit and Loss Account 32,139 30,331
SHAREHOLDERS' FUNDS 32,142 30,334
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 Gary Gorman
Director
25/10/2024
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
BDG Plumbing & Heating Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12148409 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
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.
2.3. 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 15% on reducing balance
Motor Vehicles 15% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 15% on reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 September 2023 850 18,779 1,000 664 21,293
Additions - - - 1,287 1,287
As at 31 August 2024 850 18,779 1,000 1,951 22,580
Depreciation
As at 1 September 2023 235 8,976 478 285 9,974
Provided during the period 92 1,470 78 249 1,889
As at 31 August 2024 327 10,446 556 534 11,863
Net Book Value
As at 31 August 2024 523 8,333 444 1,417 10,717
As at 1 September 2023 615 9,803 522 379 11,319
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 95,514 71,682
VAT - 3,967
95,514 75,649
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,379 1,900
Bank loans and overdrafts 8,231 8,028
Corporation tax 36,634 20,980
Other taxes and social security 12,936 8,987
VAT 1,166 -
Other creditors 1,510 -
Directors' loan accounts 6,975 797
70,831 40,692
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 7,019 15,250
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
9. Related Party Transactions
Included in the Other Creditors is an amount owed to the company director Mr G Gorman totalling £6,310 (2023 - £232), no interest is to be charged.
Included in the Other Creditors is an amount owed to the company director Mr D Gorman totalling £442 (2023 - £170), no interest is to be charged.
Included in the Other Creditors is an amount owed to the company director Mr W Jolley totalling £223 (2023 - £395), no interest is to be charged.
Page 5