1 May 2023 false No description of principal activity Taxfiler 2024.6 SC594652business:PrivateLimitedCompanyLtd2023-05-012024-04-30 SC5946522023-04-30 SC5946522023-05-012024-04-30 SC594652business:AuditExemptWithAccountantsReport2023-05-012024-04-30 SC594652business:FilletedAccounts2023-05-012024-04-30 SC5946522024-04-30 SC594652business:Director12023-05-012024-04-30 SC594652business:Director22023-05-012024-04-30 SC594652business:RegisteredOffice2023-05-012024-04-30 SC5946522023-04-30 SC594652core:WithinOneYear2024-04-30 SC594652core:WithinOneYear2023-04-30 SC594652core:AfterOneYear2024-04-30 SC594652core:AfterOneYear2023-04-30 SC594652core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 SC594652core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 SC594652core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 SC594652core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 SC594652core:PreviouslyStatedAmount2024-04-30 SC594652core:PreviouslyStatedAmount2023-04-30 SC594652business:SmallEntities2023-05-012024-04-30 SC594652countries:Scotland2023-05-012024-04-30 SC594652core:MotorVehicles2023-05-012024-04-30 SC594652core:FurnitureFittings2023-05-012024-04-30 SC594652core:ComputerEquipment2023-05-012024-04-30 SC594652core:Goodwill2023-04-30 SC594652core:Goodwill2024-04-30 SC594652core:Goodwill2023-05-012024-04-30 SC594652core:MotorVehicles2023-04-30 SC594652core:FurnitureFittings2023-04-30 SC594652core:ComputerEquipment2023-04-30 SC594652core:MotorVehicles2024-04-30 SC594652core:FurnitureFittings2024-04-30 SC594652core:ComputerEquipment2024-04-30 SC5946522022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. SC594652 (Scotland)
ASG Plumbing and Heating Limited Unaudited accounts for the year ended 30 April 2024
ASG Plumbing and Heating Limited Unaudited accounts Contents
Page
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ASG Plumbing and Heating Limited Company Information for the year ended 30 April 2024
Directors
Blair McArthur Claire McArthur
Company Number
SC594652 (Scotland)
Registered Office
31 Hope Street Inverkeithing Fife KY11 1LN Scotland
Accountants
SBS Accountancy 19 The Heathery Dunfermline Fife KY11 8TS
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ASG Plumbing and Heating Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
9,602 
11,589 
Tangible assets
35,777 
47,817 
45,379 
59,406 
Current assets
Inventories
6,000 
5,000 
Debtors
6,796 
24,420 
Cash at bank and in hand
15,041 
17,488 
27,837 
46,908 
Creditors: amounts falling due within one year
(51,811)
(88,818)
Net current liabilities
(23,974)
(41,910)
Total assets less current liabilities
21,405 
17,496 
Creditors: amounts falling due after more than one year
(15,080)
(30,152)
Provisions for liabilities
Deferred tax
(6,797)
(9,085)
Net liabilities
(472)
(21,741)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(1,472)
(22,741)
Shareholders' funds
(472)
(21,741)
For the year ending 30 April 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 2 December 2024 and were signed on its behalf by
Blair McArthur Director Company Registration No. SC594652
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ASG Plumbing and Heating Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
ASG Plumbing and Heating Limited is a private company, limited by shares, registered in Scotland, registration number SC594652. The registered office is 31 Hope Street, Inverkeithing, Fife, KY11 1LN, Scotland.
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:
Motor vehicles
25% reducing balance method
Fixtures & fittings
25% reducing balance method
Computer equipment
33.33% reducing balance method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
19,868 
At 30 April 2024
19,868 
Amortisation
At 1 May 2023
8,279 
Charge for the year
1,987 
At 30 April 2024
10,266 
Net book value
At 30 April 2024
9,602 
At 30 April 2023
11,589 
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ASG Plumbing and Heating Limited Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
48,842 
9,939 
1,726 
60,507 
At 30 April 2024
48,842 
9,939 
1,726 
60,507 
Depreciation
At 1 May 2023
6,114 
5,873 
703 
12,690 
Charge for the year
10,682 
1,017 
341 
12,040 
At 30 April 2024
16,796 
6,890 
1,044 
24,730 
Net book value
At 30 April 2024
32,046 
3,049 
682 
35,777 
At 30 April 2023
42,728 
4,066 
1,023 
47,817 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,591 
21,813 
Accrued income and prepayments
- 
2,607 
Other debtors
205 
- 
6,796 
24,420 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,113 
4,987 
VAT
6,621 
7,309 
Obligations under finance leases and hire purchase contracts
10,308 
11,830 
Trade creditors
17,250 
29,462 
Taxes and social security
2,870 
9,802 
Other creditors
6,094 
7,938 
Loans from directors
- 
28 
Deferred income
3,555 
17,462 
51,811 
88,818 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,682 
10,795 
Obligations under finance leases and hire purchase contracts
9,398 
19,357 
15,080 
30,152 
9
Average number of employees
During the year the average number of employees was 7 (2023: 9).
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