1 March 2023 false No description of principal activity Taxfiler 2024.6 10000459business:PrivateLimitedCompanyLtd2023-03-012024-02-29 100004592023-02-28 100004592023-03-012024-02-29 10000459business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 10000459business:FilletedAccounts2023-03-012024-02-29 100004592024-02-29 10000459business:Director12023-03-012024-02-29 10000459business:RegisteredOffice2023-03-012024-02-29 100004592023-02-28 10000459core:WithinOneYear2024-02-29 10000459core:WithinOneYear2023-02-28 10000459core:AfterOneYear2024-02-29 10000459core:AfterOneYear2023-02-28 10000459core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 10000459core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10000459core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 10000459core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10000459core:PreviouslyStatedAmount2024-02-29 10000459core:PreviouslyStatedAmount2023-02-28 10000459business:SmallEntities2023-03-012024-02-29 10000459countries:EnglandWales2023-03-012024-02-29 10000459core:PlantMachinery2023-03-012024-02-29 10000459core:PlantMachinery2023-02-28 10000459core:PlantMachinery2024-02-29 100004592022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10000459 (England and Wales)
RECTIFY PLUMBING & HEATING LTD Unaudited accounts for the year ended 29 February 2024
RECTIFY PLUMBING & HEATING LTD Unaudited accounts Contents
Page
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RECTIFY PLUMBING & HEATING LTD Company Information for the year ended 29 February 2024
Director
Mr Peter Smith
Company Number
10000459 (England and Wales)
Registered Office
890, R K TAXATION GARRATT LANE LONDON SW17 0NB UNITED KINGDOM
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RECTIFY PLUMBING & HEATING LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
488 
6,578 
Current assets
Cash at bank and in hand
365 
1,045 
Creditors: amounts falling due within one year
(22,604)
(18,273)
Net current liabilities
(22,239)
(17,228)
Total assets less current liabilities
(21,751)
(10,650)
Creditors: amounts falling due after more than one year
(25,300)
(45,615)
Net liabilities
(47,051)
(56,265)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(47,053)
(56,267)
Shareholders' funds
(47,051)
(56,265)
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 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 27 November 2024 and were signed on its behalf by
Mr Peter Smith Director Company Registration No. 10000459
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RECTIFY PLUMBING & HEATING LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
RECTIFY PLUMBING & HEATING LTD is a private company, limited by shares, registered in England and Wales, registration number 10000459. The registered office is 890, R K TAXATION, GARRATT LANE, LONDON, SW17 0NB, 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.
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
20 straight line method
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2023
30,448 
At 29 February 2024
30,448 
Depreciation
At 1 March 2023
23,870 
Charge for the year
6,090 
At 29 February 2024
29,960 
Net book value
At 29 February 2024
488 
At 28 February 2023
6,578 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
22,604 
18,273 
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RECTIFY PLUMBING & HEATING LTD Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
17,784 
24,670 
Obligations under finance leases and hire purchase contracts
7,516 
20,945 
25,300 
45,615 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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