Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 09462574 Mr Jamie Fowler Mrs Lisa Fowler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09462574 2023-02-28 09462574 2024-02-29 09462574 2023-03-01 2024-02-29 09462574 frs-core:CurrentFinancialInstruments 2024-02-29 09462574 frs-core:Non-currentFinancialInstruments 2024-02-29 09462574 frs-core:MotorVehicles 2024-02-29 09462574 frs-core:MotorVehicles 2023-03-01 2024-02-29 09462574 frs-core:MotorVehicles 2023-02-28 09462574 frs-core:ShareCapital 2024-02-29 09462574 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 09462574 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 09462574 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 09462574 frs-bus:SmallEntities 2023-03-01 2024-02-29 09462574 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 09462574 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 09462574 frs-bus:Director1 2023-03-01 2024-02-29 09462574 frs-bus:Director2 2023-03-01 2024-02-29 09462574 frs-countries:EnglandWales 2023-03-01 2024-02-29 09462574 2022-02-28 09462574 2023-02-28 09462574 2022-03-01 2023-02-28 09462574 frs-core:CurrentFinancialInstruments 2023-02-28 09462574 frs-core:ShareCapital 2023-02-28 09462574 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 09462574
Pure Plumbing & Heating Solutions Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Bailey Accountancy & Book Keeping Services
18 New Horizon Bus. Centre
Barrows Road
Harlow
Essex
CM19 5FN
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09462574
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 29,838 16,980
Cash at bank and in hand 8,171 6,476
38,009 23,456
Creditors: Amounts Falling Due Within One Year 6 (29,402 ) (15,728 )
NET CURRENT ASSETS (LIABILITIES) 8,607 7,728
TOTAL ASSETS LESS CURRENT LIABILITIES 8,607 7,728
NET ASSETS 8,607 7,728
CAPITAL AND RESERVES
Called up share capital 7 10 10
Profit and Loss Account 8,597 7,718
SHAREHOLDERS' FUNDS 8,607 7,728
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.
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 Jamie Fowler
Director
28th November 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Pure Plumbing & Heating Solutions Ltd Registered number 09462574 is a limited by shares company incorporated in England & Wales. The Registered Office is 18 New Horizon Business Centre, Barrows Road, Harlow, Essex, CM19 5FN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Motor Vehicles 25%
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 March 2023 4,793
As at 29 February 2024 4,793
Depreciation
As at 1 March 2023 4,793
As at 29 February 2024 4,793
Net Book Value
As at 29 February 2024 -
As at 1 March 2023 -
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 218 12,021
VAT 292 569
Directors' loan accounts 3,947 4,390
4,457 16,980
Due after more than one year
Other taxes and social security 25,381 -
29,838 16,980
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,400 3,786
Corporation tax 25,002 11,942
29,402 15,728
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
8. Directors Advances, Credits and Guarantees
Dividends paid to directors
9. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 50,000 50,000
Page 3