Company Registration No. 10718296 (England and Wales)
D C PLUMBING & HEATING (WEST MIDLANDS) LTD
Unaudited accounts
for the year ended 30 April 2024
D C PLUMBING & HEATING (WEST MIDLANDS) LTD
Unaudited accounts
Contents
D C PLUMBING & HEATING (WEST MIDLANDS) LTD
Company Information
for the year ended 30 April 2024
Directors
Christopher John Farmer
Daniel Andrew Morgan
Company Number
10718296 (England and Wales)
Registered Office
UNIT 15 COLEMEADOW ROAD
MOONS MOAT NORTH INDUSTRIAL ESTATE
REDDITCH
B98 9PB
ENGLAND
Accountants
AC Counts & Services Ltd
Office 42
Imex Business Centre, Oxleasow Road
Redditch
Worcestershire
B98 0RE
D C PLUMBING & HEATING (WEST MIDLANDS) LTD
Statement of financial position
as at 30 April 2024
Tangible assets
30,402
22,824
Cash at bank and in hand
85,110
96,585
Creditors: amounts falling due within one year
(63,808)
(68,020)
Net current assets
30,769
50,878
Called up share capital
2
2
Profit and loss account
61,169
73,700
Shareholders' funds
61,171
73,702
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 15 January 2025 and were signed on its behalf by
Christopher John Farmer
Director
Company Registration No. 10718296
D C PLUMBING & HEATING (WEST MIDLANDS) LTD
Notes to the Accounts
for the year ended 30 April 2024
D C PLUMBING & HEATING (WEST MIDLANDS) LTD is a private company, limited by shares, registered in England and Wales, registration number 10718296. The registered office is UNIT 15 COLEMEADOW ROAD, MOONS MOAT NORTH INDUSTRIAL ESTATE, REDDITCH, B98 9PB, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% Reducing Balance Method
Motor vehicles
25% Reducing Balance Method
Computer equipment
25% Straight Line Method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The financial statements have been prepared on a going concern basis. This assumes the continued support of the directors. The directors have indicated their support will continue for the foreseeable future.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
D C PLUMBING & HEATING (WEST MIDLANDS) LTD
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
6,094
44,962
3,005
54,061
Additions
3,934
13,240
-
17,174
At 30 April 2024
10,028
58,202
3,005
71,235
At 1 May 2023
1,947
28,107
1,183
31,237
Charge for the year
1,616
7,524
456
9,596
At 30 April 2024
3,563
35,631
1,639
40,833
At 30 April 2024
6,465
22,571
1,366
30,402
At 30 April 2023
4,147
16,855
1,822
22,824
Amounts falling due within one year
Accrued income and prepayments
350
2,678
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,864
9,091
Taxes and social security
7,794
12,281
Proposed dividends
44,000
40,000
Loans from directors
-
287
7
Transactions with related parties
At the year end, there was a balance of £287 (2022/23) owing to directors, Chris Farmer & Daniel Morgan. Prior year amounts owing to directors was £54 (2021/22)
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).