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REGISTERED NUMBER: 12853628 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Vulcan Pipe Services Limited

Vulcan Pipe Services Limited (Registered number: 12853628)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Vulcan Pipe Services Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr Z A Askew
Mr J G Wright





REGISTERED OFFICE: 37 Trent Road
Ipswich
Suffolk
IP3 0QL





REGISTERED NUMBER: 12853628 (England and Wales)





ACCOUNTANTS: Emsdens Limited - Chartered Certified Accountants
Ladbrook Close
Elmsett
Ipswich
Suffolk
IP7 6LD

Vulcan Pipe Services Limited (Registered number: 12853628)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,735 11,141

CURRENT ASSETS
Stocks 3,520 8,770
Debtors 5 11,678 1,853
Cash at bank 75,159 66,444
90,357 77,067
CREDITORS
Amounts falling due within one year 6 36,251 28,406
NET CURRENT ASSETS 54,106 48,661
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,841

59,802

PROVISIONS FOR LIABILITIES 6,599 2,116
NET ASSETS 82,242 57,686

CAPITAL AND RESERVES
Called up share capital 7 300 200
Retained earnings 81,942 57,486
SHAREHOLDERS' FUNDS 82,242 57,686

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Vulcan Pipe Services Limited (Registered number: 12853628)

Balance Sheet - continued
30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by:




Mr Z A Askew - Director



Mr J G Wright - Director


Vulcan Pipe Services Limited (Registered number: 12853628)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Vulcan Pipe Services 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.

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 etc - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Vulcan Pipe Services Limited (Registered number: 12853628)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 23,512
Additions 40,180
Disposals (22,343 )
At 30 September 2024 41,349
DEPRECIATION
At 1 October 2023 12,371
Charge for year 5,998
Eliminated on disposal (11,755 )
At 30 September 2024 6,614
NET BOOK VALUE
At 30 September 2024 34,735
At 30 September 2023 11,141

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 10,781 514
Other debtors 897 1,339
11,678 1,853

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Taxation and social security 33,660 25,744
Other creditors 2,591 2,662
36,251 28,406

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
300 Ordinary Shares £1 300 200

100 Ordinary Shares shares of £1 each were allotted and fully paid for cash at par during the year.

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr Z A Askew.

The ultimate controlling party is Mr Z A Askew.