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REGISTERED NUMBER: 09416172 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 June 2024

for

J W Wilson Plumbing & Heating Limited

J W Wilson Plumbing & Heating Limited (Registered number: 09416172)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


J W Wilson Plumbing & Heating Limited

Company Information
for the year ended 30 June 2024







DIRECTOR: J W Wilson





REGISTERED OFFICE: Datum House
Electra Way
Crewe
Cheshire
CW1 6ZF





REGISTERED NUMBER: 09416172 (England and Wales)






J W Wilson Plumbing & Heating Limited (Registered number: 09416172)

Statement of Financial Position
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 1,843 2,532

CURRENT ASSETS
Debtors 6 3,836 6,191
Cash at bank 4,446 3,032
8,282 9,223
CREDITORS
Amounts falling due within one year 7 (9,995 ) (9,396 )
NET CURRENT LIABILITIES (1,713 ) (173 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

130

2,359

CREDITORS
Amounts falling due after more than one
year

8

-

(2,292

)
NET ASSETS 130 67

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 30 (33 )
SHAREHOLDERS' FUNDS 130 67

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

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

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.

J W Wilson Plumbing & Heating Limited (Registered number: 09416172)

Statement of Financial Position - continued
30 June 2024



The financial statements were approved by the director and authorised for issue on 7 February 2025 and were signed by:





J W Wilson - Director


J W Wilson Plumbing & Heating Limited (Registered number: 09416172)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

J W Wilson Plumbing & Heating Limited ('The Company') is primarily engaged in the provision of plumbing and heating services.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principle place of business is The Hollies, Chapel Lane, Baddiley, Nantwich, Cheshire, CW5 8PT and the registered office is Datum House, Electra Way, Crewe, Cheshire, CW1 6ZF. The registered number can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

Theses financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the companies Act 2006.

3. ACCOUNTING POLICIES

Summary of significant accounting policies
The principle accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation
The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern
No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the director.

The director therefore considers it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates so as to write off their cost less residual amounts over their estimated useful economic lives. Assets are also reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the assets carrying amount exceeds its recoverable amount.

Plant and Machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

The residual values and useful lives of assets are reviewed and adjusted if appropriate at each statement of financial position date.

J W Wilson Plumbing & Heating Limited (Registered number: 09416172)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

3. ACCOUNTING POLICIES - continued

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the discounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income and Retained Earnings.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income 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 year end.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the year end.

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.

Impairment of assets
Assets not measured at fair value are reviewed for any indications that the asset maybe impaired at each statement of financial position date. If such indications exists the recoverable amount of the asset or the assets cash generating unit is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Any losses arising from impairment are recognised in the Statement of Comprehensive Income under the appropriate heading.

4. EMPLOYEES AND DIRECTORS

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

J W Wilson Plumbing & Heating Limited (Registered number: 09416172)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023
and 30 June 2024 418 2,795 827 4,040
DEPRECIATION
At 1 July 2023 212 699 597 1,508
Charge for year 52 524 113 689
At 30 June 2024 264 1,223 710 2,197
NET BOOK VALUE
At 30 June 2024 154 1,572 117 1,843
At 30 June 2023 206 2,096 230 2,532

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,836 4,588
Directors' loan accounts - 1,603
3,836 6,191

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,292 2,500
Trade creditors 120 114
Tax 5,419 6,212
Directors' loan accounts 1,444 -
Accrued expenses 720 570
9,995 9,396

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years - 2,292

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 2,292 4,792

The bank loan has been personally secured by Mr J W Wilson.

J W Wilson Plumbing & Heating Limited (Registered number: 09416172)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
J W Wilson
Balance outstanding at start of year 1,603 4,675
Amounts advanced 23,278 30,279
Amounts repaid (24,881 ) (33,351 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 1,603