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HONEST PLUMBING CO LTD

Registered Number
14113759
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

HONEST PLUMBING CO LTD
Company Information
for the year from 1 June 2023 to 31 May 2024

Director

FOLLEN, Tayler

Registered Address

3 Marconi Court
Plaxton Way
Ware
SG12 7FG

Registered Number

14113759 (England and Wales)
HONEST PLUMBING CO LTD
Statement of Financial Position
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets321,50326,879
21,50326,879
Current assets
Debtors10,0843,358
Cash at bank and on hand2,4342,017
12,5185,375
Creditors amounts falling due within one year(13,037)(4,805)
Net current assets (liabilities)(519)570
Total assets less current liabilities20,98427,449
Creditors amounts falling due after one year(15,695)(20,495)
Net assets5,2896,954
Capital and reserves
Called up share capital100100
Profit and loss account5,1896,854
Shareholders' funds5,2896,954
The financial statements were approved and authorised for issue by the Director on 13 February 2025, and are signed on its behalf by:
FOLLEN, Tayler
Director
Registered Company No. 14113759
HONEST PLUMBING CO LTD
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Plant and machinery - 20% reducing balance
2.Average number of employees

20242023
Average number of employees during the year01
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 June 2328,799
At 31 May 2428,799
Depreciation and impairment
At 01 June 231,920
Charge for year5,376
At 31 May 247,296
Net book value
At 31 May 2421,503
At 31 May 2326,879