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Company Registration No. 07597978 (England and Wales)
I Love Plumbing Limited Unaudited accounts for the year ended 30 April 2024
I Love Plumbing Limited Unaudited accounts Contents
Page
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I Love Plumbing Limited Company Information for the year ended 30 April 2024
Director
Jeremy Conway
Company Number
07597978 (England and Wales)
Registered Office
Unit 11 Worton Court Worton Hall Industrial Estate Worton Road Isleworth TW7 6ER UK
Accountants
CP Finance Unit 11, Worton Court Worton Hall Ind Estate Worton Road Isleworth Middlesex TW7 6ER
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I Love Plumbing Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,225 
18,338 
Current assets
Debtors
6,001 
11,464 
Cash at bank and in hand
6,242 
1,620 
12,243 
13,084 
Creditors: amounts falling due within one year
(21,757)
(11,033)
Net current (liabilities)/assets
(9,514)
2,051 
Total assets less current liabilities
2,711 
20,389 
Creditors: amounts falling due after more than one year
(3,746)
(7,243)
Net (liabilities)/assets
(1,035)
13,146 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(2,035)
12,146 
Shareholders' funds
(1,035)
13,146 
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 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 21 November 2024 and were signed on its behalf by
Jeremy Conway Director Company Registration No. 07597978
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I Love Plumbing Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
I Love Plumbing Limited is a private company, limited by shares, registered in England and Wales, registration number 07597978. The registered office is Unit 11 Worton Court, Worton Hall Industrial Estate, Worton Road, Isleworth, TW7 6ER, UK.
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% straight line
Computer equipment
33.33% straight line
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
24,450 
1,569 
26,019 
At 30 April 2024
24,450 
1,569 
26,019 
Depreciation
At 1 May 2023
6,113 
1,568 
7,681 
Charge for the year
6,113 
- 
6,113 
At 30 April 2024
12,226 
1,568 
13,794 
Net book value
At 30 April 2024
12,224 
1 
12,225 
At 30 April 2023
18,337 
1 
18,338 
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I Love Plumbing Limited Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
11,464 
Trade debtors
5,050 
- 
Other debtors
951 
- 
6,001 
11,464 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,621 
3,621 
VAT
5,191 
429 
Taxes and social security
12,230 
5,219 
Other creditors
71 
71 
Loans from directors
44 
493 
Accruals
600 
1,200 
21,757 
11,033 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,746 
7,243 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Jeremy Conway
Loan owed by director
(493)
449 
- 
(44)
(493)
449 
- 
(44)
Loans represent advances of funds less salary payments. During the year the director received a salary of £9,100 (2023 : £9,100). The director received an interim dividend of £20,140 (2023 : £5,470) and a final dividend of £33,860 (2023 : £21,030).
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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