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REGISTERED NUMBER: 04440459 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

The Plumbing Company Limited

The Plumbing Company Limited (Registered number: 04440459)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Plumbing Company Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: J M Shinn
Mrs A Shinn





SECRETARY: Mrs A Shinn





REGISTERED OFFICE: 38 South Street
Comberton
Cambridge
Cambridgeshire
CB23 7DZ





REGISTERED NUMBER: 04440459 (England and Wales)





ACCOUNTANTS: Tyrrell Accountants
Unit D
South Cambs Business Park
Sawston
Cambridge
Cambridgeshire
CB22 3JH

The Plumbing Company Limited (Registered number: 04440459)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 74,086 75,178

CURRENT ASSETS
Debtors 5 7,123 23,614
Cash at bank 1 1,525
7,124 25,139
CREDITORS
Amounts falling due within one year 6 76,224 81,061
NET CURRENT LIABILITIES (69,100 ) (55,922 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,986

19,256

CREDITORS
Amounts falling due after more than one
year

7

28,179

35,011
NET LIABILITIES (23,193 ) (15,755 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (23,195 ) (15,757 )
SHAREHOLDERS' FUNDS (23,193 ) (15,755 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

The Plumbing Company Limited (Registered number: 04440459)

Balance Sheet - continued
31 May 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 24 February 2025 and were signed on its behalf by:





J M Shinn - Director


The Plumbing Company Limited (Registered number: 04440459)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

The Plumbing Company 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 - 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 4 (2023 - 4 ) .

The Plumbing Company Limited (Registered number: 04440459)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2023 45,977 130,204 176,181
Additions - 6,764 6,764
At 31 May 2024 45,977 136,968 182,945
DEPRECIATION
At 1 June 2023 - 101,003 101,003
Charge for year - 7,856 7,856
At 31 May 2024 - 108,859 108,859
NET BOOK VALUE
At 31 May 2024 45,977 28,109 74,086
At 31 May 2023 45,977 29,201 75,178

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 3,240 16,703
Other debtors 3,883 1,421
7,123 18,124

Amounts falling due after more than one year:
Other debtors - 5,490

Aggregate amounts 7,123 23,614

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 17,498 6,217
Hire purchase contracts 1,404 2,807
Trade creditors 39,492 53,152
Taxation and social security 4,517 4,481
Other creditors 13,313 14,404
76,224 81,061

The Plumbing Company Limited (Registered number: 04440459)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 28,179 33,607
Hire purchase contracts - 1,404
28,179 35,011