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REGISTERED NUMBER: 08361200 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

J M Plumbing & Heating Services Ltd

J M Plumbing & Heating Services Ltd (Registered number: 08361200)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J M Plumbing & Heating Services Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: M T Barrett
J E Wedlock





REGISTERED OFFICE: 117 Church Lane
Backwell
Bristol
BS48 3JW





REGISTERED NUMBER: 08361200 (England and Wales)





ACCOUNTANTS: Obsidian Accountancy Limited
Suite 9 Corum Two
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

J M Plumbing & Heating Services Ltd (Registered number: 08361200)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,676 32,425
Investments 5 165,001 -
200,677 32,425

CURRENT ASSETS
Stocks 2,900 2,900
Debtors 6 175,991 84,683
Cash at bank 159,024 361,109
337,915 448,692
CREDITORS
Amounts falling due within one year 7 117,545 151,297
NET CURRENT ASSETS 220,370 297,395
TOTAL ASSETS LESS CURRENT
LIABILITIES

421,047

329,820

CREDITORS
Amounts falling due after more than
one year

8

(14,950

)

(24,167

)

PROVISIONS FOR LIABILITIES (6,106 ) (6,106 )
NET ASSETS 399,991 299,547

J M Plumbing & Heating Services Ltd (Registered number: 08361200)

Balance Sheet - continued
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 399,989 299,545
399,991 299,547

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

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 28 October 2024 and were signed on its behalf by:





J E Wedlock - Director


J M Plumbing & Heating Services Ltd (Registered number: 08361200)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

J M Plumbing & Heating Services Ltd 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 - 20% on cost

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

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

J M Plumbing & Heating Services Ltd (Registered number: 08361200)

Notes to the Financial Statements - continued
for the Year Ended 31 January 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 9 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 77,487
Additions 19,999
At 31 January 2024 97,486
DEPRECIATION
At 1 February 2023 45,062
Charge for year 16,748
At 31 January 2024 61,810
NET BOOK VALUE
At 31 January 2024 35,676
At 31 January 2023 32,425

5. FIXED ASSET INVESTMENTS
Other
investment
£   
COST
Additions 165,001
At 31 January 2024 165,001
NET BOOK VALUE
At 31 January 2024 165,001

J M Plumbing & Heating Services Ltd (Registered number: 08361200)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 154,753 51,683
Amounts owed by associates 1,000 1,000
Other debtors 20,238 32,000
175,991 84,683

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 297 56,966
Taxation and social security 101,573 80,996
Other creditors 5,675 3,335
117,545 151,297

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans 14,950 24,167