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REGISTERED NUMBER: 07338491 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

VILLAGE PLUMBERS LIMITED

VILLAGE PLUMBERS LIMITED (REGISTERED NUMBER: 07338491)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


VILLAGE PLUMBERS LIMITED (REGISTERED NUMBER: 07338491)

BALANCE SHEET
31 AUGUST 2024

31/8/24 31/8/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 84,084 76,548

CURRENT ASSETS
Stocks 31,254 27,895
Debtors 5 162,694 112,658
Cash at bank and in hand 59,509 60,627
253,457 201,180
CREDITORS
Amounts falling due within one year 6 139,615 86,875
NET CURRENT ASSETS 113,842 114,305
TOTAL ASSETS LESS CURRENT
LIABILITIES

197,926

190,853

CREDITORS
Amounts falling due after more than one
year

7

39,950

66,628
NET ASSETS 157,976 124,225

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 157,876 124,125
SHAREHOLDERS' FUNDS 157,976 124,225

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

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

VILLAGE PLUMBERS LIMITED (REGISTERED NUMBER: 07338491)

BALANCE SHEET - continued
31 AUGUST 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 8 March 2025 and were signed on its behalf by:





Mr D Standing - Director


VILLAGE PLUMBERS LIMITED (REGISTERED NUMBER: 07338491)

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


1. STATUTORY INFORMATION

Village Plumbers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07338491

Registered office: The Stables
Morgans Yard
High Street
Uckfield
East Sussex
TN22 1RN

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 - 33% on cost and 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.

VILLAGE PLUMBERS LIMITED (REGISTERED NUMBER: 07338491)

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


2. ACCOUNTING POLICIES - continued

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.

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 13 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2023 - 175,315 175,315
Additions 5,409 28,446 33,855
Disposals - (2,349 ) (2,349 )
At 31 August 2024 5,409 201,412 206,821
DEPRECIATION
At 1 September 2023 - 98,767 98,767
Charge for year 676 24,496 25,172
Eliminated on disposal - (1,202 ) (1,202 )
At 31 August 2024 676 122,061 122,737
NET BOOK VALUE
At 31 August 2024 4,733 79,351 84,084
At 31 August 2023 - 76,548 76,548

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade debtors 76,092 48,019
Other debtors 86,602 64,639
162,694 112,658

VILLAGE PLUMBERS LIMITED (REGISTERED NUMBER: 07338491)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Hire purchase contracts 14,461 7,699
Trade creditors 55,461 30,487
Taxation and social security 45,609 26,066
Other creditors 24,084 22,623
139,615 86,875

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/8/24 31/8/23
£    £   
Hire purchase contracts 2,383 16,844
Other creditors 37,567 49,784
39,950 66,628

8. OTHER FINANCIAL COMMITMENTS

The company has commitments under operating leases of £43,500 (2023: £43,500), payable over the next 12 months.

9. ULTIMATE CONTROLLING PARTY

The company is under the control of the directors, who own 100% of the issued share capital.