Registered number: 04757506 | ||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||
Prepared By: | ||||||||
NB Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
Plumbforce Direct Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 04757506 | ||||||||
BANKERS | ||||||||
HSBC plc | ||||||||
ACCOUNTANTS | ||||||||
NB Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
Plumbforce Direct Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/04/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Plumbforce Direct Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
1,383,103 | 1,202,810 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT ASSETS | 1,165,699 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | ||||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | 1,352,089 | 1,228,632 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Plumbforce Direct Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Fixtures and Fittings | reducing balance 20% | |||||||
Equipment | reducing balance 20% | |||||||
Motor Vehicles | reducing balance 20% |
1c. Taxation | ||||||||
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. |
1d. Turnover | ||||||||
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. |
Plumbforce Direct Limited | ||||||||
2. TANGIBLE FIXED ASSETS | ||||||||||
Land And | Fixtures | Motor | ||||||||
Buildings | and Fittings | Equipment | Vehicles | Total | ||||||
£ | £ | £ | £ | £ | ||||||
Cost | ||||||||||
At 01/05/2023 | 48,545 | 66,888 | 34,914 | 35,495 | 185,842 | |||||
Additions | - | 2,375 | - | - | 2,375 | |||||
At 30/04/2024 | 48,545 | 69,263 | 34,914 | 35,495 | 188,217 | |||||
Depreciation | ||||||||||
At 01/05/2023 | - | 54,358 | 31,870 | 31,897 | 118,125 | |||||
For the year | - | 2,981 | 609 | 720 | 4,310 | |||||
At 30/04/2024 | - | 57,339 | 32,479 | 32,617 | 122,435 | |||||
Net Book Amounts | ||||||||||
At 30/04/2024 | 65,782 | |||||||||
At 30/04/2023 | 67,717 | |||||||||
3. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 1,230 | - | ||||||
Other debtors | 169,579 | 155,748 | ||||||
Directors current account | 462,926 | 337,242 | ||||||
633,735 | 492,990 | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 52,019 | 14,336 | ||||||
VAT | 29,424 | 15,380 | ||||||
Other tax and social security costs | 1,120 | 3,516 | ||||||
Trade creditors | 6,996 | 727 | ||||||
Other creditors | 87 | 552 | ||||||
Accruals | 1,700 | 2,600 | ||||||
91,346 | 37,111 | |||||||
Plumbforce Direct Limited | ||||||||
5. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 5 | |||||
6. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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7. ADDITIONAL INFORMATION | ||||||||
The company is a private company, limited by shares and registered in England & Wales. | ||||||||
The company's registered number is 04757506. | ||||||||
The company's registered office is 4 Old Park Lane, Mayfair, London W1K 1QW. |
8. TRANSACTIONS WITH DIRECTORS | ||||||||
At 1 May 2023 a loan of £337,242 was owed by the director to the company. During the year advances of £155,684 and repayments of £30,000 were made with £462,926 outstanding at the balance sheet date. The loan is interest free, unsecured and repayable on demand. | ||||||||