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Company Registration No. 08892393 (England and Wales)
Baddeley Wallace Plumbing & Heating Ltd Unaudited accounts for the year ended 29 February 2024
Baddeley Wallace Plumbing & Heating Ltd Unaudited accounts Contents
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Baddeley Wallace Plumbing & Heating Ltd Company Information for the year ended 29 February 2024
Directors
John Baddeley Paul Wallace
Company Number
08892393 (England and Wales)
Registered Office
C/O Master Accounting Limited The Stables, 32 Main Street, Ashley Market Harborough LE16 8HF United Kingdom
Accountants
Master Accounting Limited The Stables, Ashley Court 32 Main Street, Ashley Market Harborough Leicestershire LE16 8HF
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Baddeley Wallace Plumbing & Heating Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,128 
1,963 
Current assets
Debtors
4,290 
11,850 
Cash at bank and in hand
13,239 
9,764 
17,529 
21,614 
Creditors: amounts falling due within one year
(6,317)
(3,770)
Net current assets
11,212 
17,844 
Total assets less current liabilities
12,340 
19,807 
Creditors: amounts falling due after more than one year
(6,397)
(6,108)
Net assets
5,943 
13,699 
Capital and reserves
Called up share capital
101 
101 
Profit and loss account
5,842 
13,598 
Shareholders' funds
5,943 
13,699 
For the year ending 29 February 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 November 2024 and were signed on its behalf by
Paul Wallace Director Company Registration No. 08892393
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Baddeley Wallace Plumbing & Heating Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Baddeley Wallace Plumbing & Heating Ltd is a private company, limited by shares, registered in England and Wales, registration number 08892393. The registered office is C/O Master Accounting Limited, The Stables, 32 Main Street, Ashley, Market Harborough, LE16 8HF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% - Reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
6,473 
459 
6,932 
Disposals
- 
(459)
(459)
At 29 February 2024
6,473 
- 
6,473 
Depreciation
At 1 March 2023
4,969 
- 
4,969 
Charge for the year
376 
- 
376 
At 29 February 2024
5,345 
- 
5,345 
Net book value
At 29 February 2024
1,128 
- 
1,128 
At 28 February 2023
1,504 
459 
1,963 
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Baddeley Wallace Plumbing & Heating Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,290 
11,850 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
86 
567 
Trade creditors
5,950 
2,391 
Other creditors
278 
190 
Loans from directors
3 
372 
Accruals
- 
250 
6,317 
3,770 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
6,397 
6,108 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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