IRIS Accounts Production v24.3.2.46 05427268 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh054272682023-03-31054272682024-03-31054272682023-04-012024-03-31054272682022-03-31054272682022-04-012023-03-31054272682023-03-3105427268ns15:EnglandWales2023-04-012024-03-3105427268ns14:PoundSterling2023-04-012024-03-3105427268ns10:Director12023-04-012024-03-3105427268ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3105427268ns10:SmallEntities2023-04-012024-03-3105427268ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3105427268ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3105427268ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3105427268ns10:FullAccounts2023-04-012024-03-3105427268ns10:OrdinaryShareClass12023-04-012024-03-3105427268ns10:OrdinaryShareClass22023-04-012024-03-3105427268ns10:OrdinaryShareClass32023-04-012024-03-3105427268ns10:OrdinaryShareClass42023-04-012024-03-3105427268ns10:Director22023-04-012024-03-3105427268ns10:Director32023-04-012024-03-3105427268ns10:Director42023-04-012024-03-3105427268ns10:CompanySecretary12023-04-012024-03-3105427268ns10:RegisteredOffice2023-04-012024-03-3105427268ns5:CurrentFinancialInstruments2024-03-3105427268ns5:CurrentFinancialInstruments2023-03-3105427268ns5:Non-currentFinancialInstruments2024-03-3105427268ns5:Non-currentFinancialInstruments2023-03-3105427268ns5:ShareCapital2024-03-3105427268ns5:ShareCapital2023-03-3105427268ns5:RetainedEarningsAccumulatedLosses2024-03-3105427268ns5:RetainedEarningsAccumulatedLosses2023-03-3105427268ns5:FurnitureFittings2023-04-012024-03-3105427268ns5:MotorVehicles2023-04-012024-03-3105427268ns5:FurnitureFittings2023-03-3105427268ns5:MotorVehicles2023-03-3105427268ns5:FurnitureFittings2024-03-3105427268ns5:MotorVehicles2024-03-3105427268ns5:FurnitureFittings2023-03-3105427268ns5:MotorVehicles2023-03-3105427268ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3105427268ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3105427268ns5:AcceleratedTaxDepreciationDeferredTax2024-03-3105427268ns5:AcceleratedTaxDepreciationDeferredTax2023-03-3105427268ns5:DeferredTaxation2023-03-3105427268ns5:DeferredTaxation2023-04-012024-03-3105427268ns5:DeferredTaxation2024-03-3105427268ns10:OrdinaryShareClass12024-03-3105427268ns10:OrdinaryShareClass22024-03-3105427268ns10:OrdinaryShareClass32024-03-3105427268ns10:OrdinaryShareClass42024-03-31054272681ns10:Director12023-03-31054272681ns10:Director12022-03-31054272681ns10:Director12023-04-012024-03-31054272681ns10:Director12022-04-012023-03-31054272681ns10:Director12024-03-31054272681ns10:Director12023-03-3105427268ns10:Director222023-03-3105427268ns10:Director222022-03-3105427268ns10:Director222023-04-012024-03-3105427268ns10:Director222022-04-012023-03-3105427268ns10:Director222024-03-3105427268ns10:Director222023-03-31
REGISTERED NUMBER: 05427268 (England and Wales)















K & J PLUMBING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






K & J PLUMBING LIMITED (REGISTERED NUMBER: 05427268)

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


K & J PLUMBING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: K Jenkinson
K Jenkinson
Mrs J Jenkinson
Mrs S Jenkinson





SECRETARY: Indigo Secretaries Limited





REGISTERED OFFICE: 3 Kensworth Gate
200-204 High Street South
Dunstable
Bedfordshire
LU6 3HS





REGISTERED NUMBER: 05427268 (England and Wales)





ACCOUNTANTS: Higginson & Co (UK) Ltd
3 Kensworth Gate
200 - 204 High Street South
Dunstable
Bedfordshire
LU6 3HS

K & J PLUMBING LIMITED (REGISTERED NUMBER: 05427268)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,616 5,563

CURRENT ASSETS
Stocks 12,500 9,055
Debtors 5 17,021 40,017
Prepayments and accrued income 2,567 9,193
Cash at bank and in hand 10,199 1,710
42,287 59,975
CREDITORS
Amounts falling due within one year 6 57,441 50,068
NET CURRENT (LIABILITIES)/ASSETS (15,154 ) 9,907
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,538

)

15,470

CREDITORS
Amounts falling due after more than one
year

7

(4,971

)

(8,959

)

PROVISIONS FOR LIABILITIES 8 (877 ) (1,057 )
NET (LIABILITIES)/ASSETS (16,386 ) 5,454

CAPITAL AND RESERVES
Called up share capital 9 250 250
Retained earnings (16,636 ) 5,204
SHAREHOLDERS' FUNDS (16,386 ) 5,454

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 directors acknowledge their 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.

K & J PLUMBING LIMITED (REGISTERED NUMBER: 05427268)

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 Board of Directors and authorised for issue on 27 December 2024 and were signed on its behalf by:





K Jenkinson - Director


K & J PLUMBING LIMITED (REGISTERED NUMBER: 05427268)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

K & J Plumbing 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.
Fixtures and fittings - 33% on cost and 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

K & J PLUMBING LIMITED (REGISTERED NUMBER: 05427268)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2023 4,499 23,136 27,635
Additions 1,200 - 1,200
At 31 March 2024 5,699 23,136 28,835
DEPRECIATION
At 1 April 2023 3,791 18,281 22,072
Charge for year 933 1,214 2,147
At 31 March 2024 4,724 19,495 24,219
NET BOOK VALUE
At 31 March 2024 975 3,641 4,616
At 31 March 2023 708 4,855 5,563

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 11,379 36,660
Directors' current accounts 2,088 -
VAT 3,554 3,357
17,021 40,017

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 3,989 3,989
Trade creditors 38,168 26,770
Taxation and social security - 8,671
Other creditors 15,284 10,638
57,441 50,068

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 4,971 8,959

K & J PLUMBING LIMITED (REGISTERED NUMBER: 05427268)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax
Accelerated capital allowances 877 1,057

Deferred
tax
£   
Balance at 1 April 2023 1,057
Credit to Income Statement during year (180 )
Balance at 31 March 2024 877

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
50 Ordinary C £1 50 50
250 250

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
K Jenkinson
Balance outstanding at start of year 995 (5,240 )
Amounts repaid (2,039 ) 6,235
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,044 ) 995

K Jenkinson
Balance outstanding at start of year 995 (5,241 )
Amounts repaid (2,039 ) 6,236
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,044 ) 995