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Company Registration No. 07721015 (England and Wales)
GAS AND WATER ENGINEERING (UK) LIMITED Unaudited accounts for the year ended 31 May 2024
GAS AND WATER ENGINEERING (UK) LIMITED Unaudited accounts Contents
Page
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GAS AND WATER ENGINEERING (UK) LIMITED Company Information for the year ended 31 May 2024
Director
Louise Stoakes
Company Number
07721015 (England and Wales)
Registered Office
Unit 3 MCS Industrial Estate Hawkins Lane BURTON-ON-TRENT DE14 1PT ENGLAND
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GAS AND WATER ENGINEERING (UK) LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
81,015 
35,689 
Current assets
Inventories
187,146 
138,824 
Debtors
342,600 
263,771 
Cash at bank and in hand
19,924 
26,980 
549,670 
429,575 
Creditors: amounts falling due within one year
(374,963)
(235,939)
Net current assets
174,707 
193,636 
Total assets less current liabilities
255,722 
229,325 
Creditors: amounts falling due after more than one year
(16,191)
(34,672)
Net assets
239,531 
194,653 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
239,431 
194,553 
Shareholders' funds
239,531 
194,653 
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 her 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 20 February 2025 and were signed on its behalf by
Louise Stoakes Director Company Registration No. 07721015
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GAS AND WATER ENGINEERING (UK) LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
GAS AND WATER ENGINEERING (UK) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07721015. The registered office is Unit 3 MCS Industrial Estate, Hawkins Lane, BURTON-ON-TRENT, DE14 1PT, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
13,203 
81,681 
4,609 
99,493 
Additions
61,414 
2,300 
- 
63,714 
At 31 May 2024
74,617 
83,981 
4,609 
163,207 
Depreciation
At 1 June 2023
6,125 
53,070 
4,609 
63,804 
Charge for the year
10,660 
7,728 
- 
18,388 
At 31 May 2024
16,785 
60,798 
4,609 
82,192 
Net book value
At 31 May 2024
57,832 
23,183 
- 
81,015 
At 31 May 2023
7,078 
28,611 
- 
35,689 
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GAS AND WATER ENGINEERING (UK) LIMITED Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
5,360 
1,309 
Trade debtors
316,224 
255,723 
Accrued income and prepayments
21,016 
5,639 
Other debtors
- 
1,100 
342,600 
263,771 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,400 
8,400 
Obligations under finance leases and hire purchase contracts
10,614 
10,614 
Trade creditors
334,510 
201,816 
Taxes and social security
11,377 
4,397 
Other creditors
5,170 
2,264 
Loans from directors
4,642 
6,698 
Accruals
250 
1,750 
374,963 
235,939 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,834 
14,443 
Obligations under finance leases and hire purchase contracts
9,357 
20,229 
16,191 
34,672 
8
Average number of employees
During the year the average number of employees was 16 (2023: 14).
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