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REGISTERED NUMBER: 07765443 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th September 2024

for

Wells Plumbing & Heating Limited

Wells Plumbing & Heating Limited (Registered number: 07765443)






Contents of the Financial Statements
for the Year Ended 30th September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wells Plumbing & Heating Limited

Company Information
for the Year Ended 30th September 2024







DIRECTOR: Mr N D Breakwell





REGISTERED OFFICE: Station View House
41 Brunswick Road
Shoreham By Sea
West Sussex
BN43 5WA





REGISTERED NUMBER: 07765443 (England and Wales)





ACCOUNTANTS: Cloud Concepts Accounting Ltd
Station View House
41 Brunswick Road
Shoreham By Sea
West Sussex
BN43 5WA

Wells Plumbing & Heating Limited (Registered number: 07765443)

Balance Sheet
30th September 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,035 2,364

CURRENT ASSETS
Debtors 5 2,453 5,133
Cash at bank 10,231 12,963
12,684 18,096
CREDITORS
Amounts falling due within one year 6 (15,045 ) (18,172 )
NET CURRENT LIABILITIES (2,361 ) (76 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,674

2,288

PROVISIONS FOR LIABILITIES 7 (766 ) (449 )
NET ASSETS 908 1,839

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 906 1,837
SHAREHOLDERS' FUNDS 908 1,839

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

Wells Plumbing & Heating Limited (Registered number: 07765443)

Balance Sheet - continued
30th September 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th January 2025 and were signed by:





Mr N D Breakwell - Director


Wells Plumbing & Heating Limited (Registered number: 07765443)

Notes to the Financial Statements
for the Year Ended 30th September 2024

1. STATUTORY INFORMATION

Wells 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Wells Plumbing & Heating Limited (Registered number: 07765443)

Notes to the Financial Statements - continued
for the Year Ended 30th September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st October 2023 10,348
Additions 4,490
Disposals (3,833 )
At 30th September 2024 11,005
DEPRECIATION
At 1st October 2023 7,984
Charge for year 1,345
Eliminated on disposal (2,359 )
At 30th September 2024 6,970
NET BOOK VALUE
At 30th September 2024 4,035
At 30th September 2023 2,364

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,453 5,133

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 5,290 5,814
Other creditors 9,755 12,358
15,045 18,172

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 766 449

Deferred
tax
£   
Balance at 1st October 2023 449
Capital allowances in advance 317
of depreciation
Balance at 30th September 2024 766