Company Registration No. 08981609 (England and Wales)
Dan Varley Plumbing & Heating Ltd
Unaudited accounts
for the year ended 31 March 2024
Dan Varley Plumbing & Heating Ltd
Unaudited accounts
Contents
Dan Varley Plumbing & Heating Ltd
Company Information
for the year ended 31 March 2024
Company Number
08981609 (England and Wales)
Dan Varley Plumbing & Heating Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
26,409
28,430
Cash at bank and in hand
78,038
71,225
Creditors: amounts falling due within one year
(79,350)
(53,161)
Net current assets
16,374
33,267
Total assets less current liabilities
42,783
63,499
Provisions for liabilities
Called up share capital
100
100
Revaluation reserve
1,122
1,122
Profit and loss account
41,561
58,046
Shareholders' funds
42,783
59,268
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 18 October 2024 and were signed on its behalf by
Daniel Varley
Director
Company Registration No. 08981609
Dan Varley Plumbing & Heating Ltd
Notes to the Accounts
for the year ended 31 March 2024
Dan Varley Plumbing & Heating Ltd is a private company, limited by shares, registered in England and Wales, registration number 08981609.
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.
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
18% reducing balance
Motor vehicles
18% reducing balance
Computer equipment
18% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Dan Varley Plumbing & Heating Ltd
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
12,810
9,609
28,146
807
51,372
Additions
-
993
-
708
1,701
At 31 March 2024
12,810
10,602
28,146
1,515
53,073
At 1 April 2023
512
5,742
16,266
422
22,942
Charge for the year
512
875
2,138
197
3,722
At 31 March 2024
1,024
6,617
18,404
619
26,664
At 31 March 2024
11,786
3,985
9,742
896
26,409
At 31 March 2023
12,298
3,867
11,880
385
28,430
Amounts falling due within one year
Trade debtors
12,722
9,792
Accrued income and prepayments
1,248
1,243
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
10,625
9,006
Taxes and social security
5,115
9,961
Loans from directors
57,671
27,158
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).