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Company Registration No. 13425533 (England and Wales)
OD PLUMBING & HEATING LTD Unaudited accounts for the year ended 31 May 2024
OD PLUMBING & HEATING LTD Unaudited accounts Contents
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OD PLUMBING & HEATING LTD Company Information for the year ended 31 May 2024
Director
OLIVER PETER ANDREW DAVIES
Company Number
13425533 (England and Wales)
Registered Office
POST OFFICE VAULTS MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT ENGLAND
Accountants
J JENKIN & ASSOCIATES LIMITED POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT
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OD PLUMBING & HEATING LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,990 
7,488 
Current assets
Inventories
1,000 
1,000 
Cash at bank and in hand
3,684 
16 
4,684 
1,016 
Creditors: amounts falling due within one year
(8,834)
(3,634)
Net current liabilities
(4,150)
(2,618)
Net assets
1,840 
4,870 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,839 
4,869 
Shareholders' funds
1,840 
4,870 
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 his 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 12 March 2025 and were signed on its behalf by
OLIVER PETER ANDREW DAVIES Director Company Registration No. 13425533
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OD PLUMBING & HEATING LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
OD PLUMBING & HEATING LTD is a private company, limited by shares, registered in England and Wales, registration number 13425533. The registered office is POST OFFICE VAULTS, MARKET PLACE, WANTAGE, OXFORDSHIRE, OX12 8AT, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Motor vehicles
20% Reducing Balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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OD PLUMBING & HEATING LTD Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2023
11,700 
At 31 May 2024
11,700 
Depreciation
At 1 June 2023
4,212 
Charge for the year
1,498 
At 31 May 2024
5,710 
Net book value
At 31 May 2024
5,990 
At 31 May 2023
7,488 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
7,872 
2,665 
Loans from directors
37 
44 
Accruals
925 
925 
8,834 
3,634 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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