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REGISTERED NUMBER: 07592032 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

P K R Plumbing & Heating Limited

P K R Plumbing & Heating Limited (Registered number: 07592032)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

P K R Plumbing & Heating Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: P Louth





REGISTERED OFFICE: Falcon House
High Street
Littlebury
Saffron Walden
CB11 4TD





REGISTERED NUMBER: 07592032 (England and Wales)





ACCOUNTANTS: Moore Emmerson Accountants Ltd
Falcon House
High Street
Littlebury
Saffron Walden
CB11 4TD

P K R Plumbing & Heating Limited (Registered number: 07592032)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,405 40,541

CURRENT ASSETS
Debtors 5 27,872 25,372
Cash at bank 8,032 21,878
35,904 47,250
CREDITORS
Amounts falling due within one year 6 40,004 72,221
NET CURRENT LIABILITIES (4,100 ) (24,971 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,305

15,570

CREDITORS
Amounts falling due after more than one
year

7

26,037

42,619
NET ASSETS/(LIABILITIES) 268 (27,049 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 168 (27,149 )
SHAREHOLDERS' FUNDS 268 (27,049 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

P K R Plumbing & Heating Limited (Registered number: 07592032)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 November 2024 and were signed by:





P Louth - Director


P K R Plumbing & Heating Limited (Registered number: 07592032)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

P K R Plumbing & Heating Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax (having regard to the fulfilment of contractual obligations).

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on reducing balance and 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

P K R Plumbing & Heating Limited (Registered number: 07592032)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 58,209
DEPRECIATION
At 1 April 2023 17,668
Charge for year 10,136
At 31 March 2024 27,804
NET BOOK VALUE
At 31 March 2024 30,405
At 31 March 2023 40,541

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023 55,560
Transfer to ownership (22,126 )
At 31 March 2024 33,434
DEPRECIATION
At 1 April 2023 15,126
Charge for year 8,359
Transfer to ownership (15,126 )
At 31 March 2024 8,359
NET BOOK VALUE
At 31 March 2024 25,075
At 31 March 2023 40,434

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 14,990 13,139
Other debtors 12,882 12,233
27,872 25,372

P K R Plumbing & Heating Limited (Registered number: 07592032)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 9,500 9,500
Hire purchase contracts 7,082 10,179
Trade creditors 14,001 11,596
Other creditors 9,421 40,946
40,004 72,221

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 11,874 21,374
Hire purchase contracts 14,163 21,245
26,037 42,619

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
P K R Plumbing & Heating Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of P K R Plumbing & Heating Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the director of P K R Plumbing & Heating Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of P K R Plumbing & Heating Limited and state those matters that we have agreed to state to the director of P K R Plumbing & Heating Limited in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that P K R Plumbing & Heating Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of P K R Plumbing & Heating Limited. You consider that P K R Plumbing & Heating Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of P K R Plumbing & Heating Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Emmerson Accountants Ltd
Falcon House
High Street
Littlebury
Saffron Walden
CB11 4TD


21 November 2024