Company Registration No. 09361728 (England and Wales)
B.D.Lacey Plumbing & Heating Ltd
Unaudited accounts
for the year ended 31 December 2023
B.D.Lacey Plumbing & Heating Ltd
Unaudited accounts
Contents
B.D.Lacey Plumbing & Heating Ltd
Company Information
for the year ended 31 December 2023
Company Number
09361728 (England and Wales)
Registered Office
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Accountants
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of B.D.Lacey Plumbing & Heating Ltd for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
B.D.Lacey Plumbing & Heating Ltd for the year ended
31 December 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of B.D.Lacey Plumbing & Heating Ltd, as a body, in accordance with the terms of our engagement letter dated 3 August 2016. Our work has been undertaken solely to prepare for your approval the accounts of B.D.Lacey Plumbing & Heating Ltd and state those matters that we have agreed to state to the Board of Directors of B.D.Lacey Plumbing & Heating Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than B.D.Lacey Plumbing & Heating Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that B.D.Lacey Plumbing & Heating Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of B.D.Lacey Plumbing & Heating Ltd. You consider that B.D.Lacey Plumbing & Heating Ltd 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 accounts of B.D.Lacey Plumbing & Heating Ltd. 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 accounts.
Brindley Goldstein Ltd
Chartered Accountants
103 High Street
Waltham Cross
EN8 7AN
4 February 2025
B.D.Lacey Plumbing & Heating Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
9,100
11,700
Cash at bank and in hand
7
807
Creditors: amounts falling due within one year
(8,011)
(9,767)
Net current assets/(liabilities)
6,006
(2,093)
Called up share capital
100
100
Profit and loss account
15,006
9,507
Shareholders' funds
15,106
9,607
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 4 February 2025 and were signed on its behalf by
Mr B. D. Lacey
Director
Company Registration No. 09361728
B.D.Lacey Plumbing & Heating Ltd
Notes to the Accounts
for the year ended 31 December 2023
B.D.Lacey Plumbing & Heating Ltd is a private company, limited by shares, registered in England and Wales, registration number 09361728. The registered office is Brindley Goldstein Ltd, 103 High Street, Waltham Cross, EN8 7AN.
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:
Motor vehicles
20% straight line basis (Commercial)
4
Tangible fixed assets
Motor vehicles
At 31 December 2023
13,000
At 31 December 2022
11,700
B.D.Lacey Plumbing & Heating Ltd
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
10,311
3,106
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
7,178
1,486
Loans from directors
108
8,281
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
The company was under the control of Mr B. D. Lacey throughout the current year. Mr. B. D. Lacey is personally interested in 100% of the company's share capital.
Mr B. D. Lacey received a dividend from the company during the year of £16,000 (2022: £2,000).
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).