PSP Plumbing And Heating Contractors Limited |
Registered Number:08297443 |
For the year ended 31 July 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 July 2024
PSP Plumbing And Heating Contractors Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
PSP Plumbing And Heating Contractors Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
5,624
6,583
2
5,624
6,583
260
260
3
Trade and other receivables |
35,065
44,926
4
52,046
Cash and cash equivalents |
43,149
88,335
87,371
Trade and other payables: amounts falling due within one |
year |
(5,488)
(9,895)
5
81,883
78,440
Net current assets
Total assets less current liabilities |
84,064
88,466
Trade and other payables: amounts falling due after more |
than one year |
(5,374)
(3,388)
6
80,676
Net assets
83,092
1
1
80,675
83,091
80,676
83,092
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 16 January 2025 and were signed by: |
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For the year ended 31 July 2024
PSP Plumbing And Heating Contractors Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 5
For the year ended 31 July 2024
PSP Plumbing And Heating Contractors Limited
Notes to the Financial Statements
Statutory Information
PSP Plumbing And Heating Contractors Limited is a private limited company, limited by shares, domiciled in England |
and Wales, registration number 08297443. |
350 Lunsford Lane
Larkfield
Kent
ME20 6HX
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax relating to plumbing and heating services. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 31 July 2024
PSP Plumbing And Heating Contractors Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor Vehicles
23,500
1,000
18,500
4,000
274
274
-
-
4,000
18,500
1,274
23,774
Provision for depreciation and impairment |
16,917
760
13,154
3,003
Charge for year
1,233
92
962
179
18,150
852
14,116
3,182
818
4,384
422
5,624
997
5,346
240
6,583
2023
2024
260
260
4. Trade and other receivables |
2023
2024
2,540
1,090
42,386
33,975
35,065
44,926
5. Trade and other payables: amounts falling due within one year |
2023
2024
Bank loans and overdraft (secured) |
2,002
2,037
2,628
1,602
Taxation and social security |
3,900
-
1,365
1,849
9,895
5,488
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For the year ended 31 July 2024
PSP Plumbing And Heating Contractors Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
3,388
5,374
7. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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