Registered number
04402646
T Plumbing & Heating Limited
Unaudited Filleted Accounts
31 March 2024
T Plumbing & Heating Limited
Registered number: 04402646
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 6,099 8,133
Current assets
Stocks 3,502 499
Debtors 4 12,202 450
Cash at bank and in hand 24,598 36,366
40,302 37,315
Creditors: amounts falling due within one year 5 (7,040) (9,783)
Net current assets 33,262 27,532
Total assets less current liabilities 39,361 35,665
Provisions for liabilities (1,159) (1,545)
Net assets 38,202 34,120
Capital and reserves
Called up share capital 100 100
Profit and loss account 38,102 34,020
Shareholders' funds 38,202 34,120
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A Bynoe
Director
Approved by the board on 14 November 2024
T Plumbing & Heating Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 4 years on straight line method
Motor vehicle 4 years on straight line method
Stocks
Stock is valued at the lower of cost and net realisable value.
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2023 1,182 23,753 24,935
At 31 March 2024 1,182 23,753 24,935
Depreciation
At 1 April 2023 1,107 15,695 16,802
Charge for the year 19 2,015 2,034
At 31 March 2024 1,126 17,710 18,836
Net book value
At 31 March 2024 56 6,043 6,099
At 31 March 2023 75 8,058 8,133
4 Debtors 2024 2023
£ £
Trade debtors 12,202 450
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 2,691 7,351
Other creditors 4,349 2,432
7,040 9,783
6 Related party transactions
A. Bynoe, the director, was paid a dividend during the year.
7 Controlling party
The controlling party is A. Bynoe, the director.
8 Other information
T Plumbing & Heating Limited is a private company limited by shares and incorporated in England. Its registered office is:
8 Philip Gardens
Shirley
Croydon
Surrey
CR0 8DT
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