6 4 Bespoke Plumbing And Heating Limited NI646532 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is Plumbing & Heating Contractors Digita Accounts Production Advanced 6.30.9574.0 true true NI646532 2023-07-01 2024-06-30 NI646532 2024-06-30 NI646532 bus:Director1 1 2024-06-30 NI646532 bus:Director2 1 2024-06-30 NI646532 bus:OrdinaryShareClass1 2024-06-30 NI646532 core:CurrentFinancialInstruments 2024-06-30 NI646532 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 NI646532 core:MotorVehicles 2024-06-30 NI646532 core:OtherPropertyPlantEquipment 2024-06-30 NI646532 bus:SmallEntities 2023-07-01 2024-06-30 NI646532 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 NI646532 bus:FilletedAccounts 2023-07-01 2024-06-30 NI646532 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 NI646532 bus:RegisteredOffice 2023-07-01 2024-06-30 NI646532 bus:Director1 2023-07-01 2024-06-30 NI646532 bus:Director1 1 2023-07-01 2024-06-30 NI646532 bus:Director2 2023-07-01 2024-06-30 NI646532 bus:Director2 1 2023-07-01 2024-06-30 NI646532 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 NI646532 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-07-01 2024-06-30 NI646532 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 NI646532 bus:Agent1 2023-07-01 2024-06-30 NI646532 core:MotorVehicles 2023-07-01 2024-06-30 NI646532 core:OtherPropertyPlantEquipment 2023-07-01 2024-06-30 NI646532 core:PlantMachinery 2023-07-01 2024-06-30 NI646532 countries:NorthernIreland 2023-07-01 2024-06-30 NI646532 2023-06-30 NI646532 bus:Director1 1 2023-06-30 NI646532 bus:Director2 1 2023-06-30 NI646532 core:MotorVehicles 2023-06-30 NI646532 core:OtherPropertyPlantEquipment 2023-06-30 NI646532 2022-07-01 2023-06-30 NI646532 2023-06-30 NI646532 bus:Director1 1 2023-06-30 NI646532 bus:Director2 1 2023-06-30 NI646532 bus:OrdinaryShareClass1 2023-06-30 NI646532 core:CurrentFinancialInstruments 2023-06-30 NI646532 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 NI646532 core:MotorVehicles 2023-06-30 NI646532 core:OtherPropertyPlantEquipment 2023-06-30 NI646532 bus:Director1 1 2022-07-01 2023-06-30 NI646532 bus:Director2 1 2022-07-01 2023-06-30 NI646532 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-07-01 2023-06-30 NI646532 bus:Director1 1 2022-06-30 NI646532 bus:Director2 1 2022-06-30 xbrli:pure iso4217:GBP xbrli:shares

Registration number: NI646532

Bespoke Plumbing And Heating Limited

trading as Bespoke Plumbing and Heating Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

Bespoke Plumbing And Heating Limited

trading as Bespoke Plumbing and Heating Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 9

 

Bespoke Plumbing And Heating Limited

trading as Bespoke Plumbing and Heating Limited

Company Information

Directors

Mr Joseph Michael McKevitt

Mr Gavin Samuel Johnston

Registered office

22 Swanston Avenue
Newtownabbey
Antrim
BT36 5DS

Bankers

Santander
Newry
Po Box 383
21 Prescot Street
London
E1 8RP

Accountants

SP McKeown & Co Ltd
Chartered Certified Accountants & Registered Auditors5 Lower Catherine Street
Newry
Co Down
BT35 6BE

 

Bespoke Plumbing And Heating Limited

trading as Bespoke Plumbing and Heating Limited

(Registration number: NI646532)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

12,453

8,677

Current assets

 

Debtors

5

32,653

37,314

Cash at bank and in hand

 

8,175

40,757

 

40,828

78,071

Creditors: Amounts falling due within one year

6

(35,157)

(38,422)

Net current assets

 

5,671

39,649

Total assets less current liabilities

 

18,124

48,326

Provisions for liabilities

(2,366)

(1,649)

Net assets

 

15,758

46,677

Capital and reserves

 

Called up share capital

7

2

2

Retained earnings

15,756

46,675

Shareholders' funds

 

15,758

46,677

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 March 2025 and signed on its behalf by:
 

.........................................
Mr Joseph Michael McKevitt
Director

.........................................
Mr Gavin Samuel Johnston
Director

 
     
 

Bespoke Plumbing And Heating Limited

trading as Bespoke Plumbing and Heating Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is:
22 Swanston Avenue
Newtownabbey
Antrim
BT36 5DS
Northern Ireland

These financial statements were authorised for issue by the Board on 28 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Bespoke Plumbing And Heating Limited

trading as Bespoke Plumbing and Heating Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor Vehicles

25% Reducing Balance

Plant and machinery

20% Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Bespoke Plumbing And Heating Limited

trading as Bespoke Plumbing and Heating Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2023 - 4).

 

Bespoke Plumbing And Heating Limited

trading as Bespoke Plumbing and Heating Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

4

Tangible assets

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 July 2023

-

28,200

28,200

Additions

7,350

-

7,350

At 30 June 2024

7,350

28,200

35,550

Depreciation

At 1 July 2023

-

19,523

19,523

Charge for the year

1,838

1,736

3,574

At 30 June 2024

1,838

21,259

23,097

Carrying amount

At 30 June 2024

5,512

6,941

12,453

At 30 June 2023

-

8,677

8,677

5

Debtors

Current

2024
£

2023
£

Trade debtors

10,931

26,221

Other debtors

21,722

11,093

 

32,653

37,314

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

30,147

20,930

Taxation and social security

2,981

15,617

Accruals and deferred income

1,995

1,875

Other creditors

34

-

35,157

38,422

Creditors: amounts falling due after more than one year

 

Bespoke Plumbing And Heating Limited

trading as Bespoke Plumbing and Heating Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

2024
£

2023
£

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary share capital of £1 each

2

2

2

2

       

8

Dividends

Interim dividends paid

2024
£

2023
£

Interim dividend of £16,000.00 (2023 - £10,000.00) per each Ordinary Share

32,000

20,000

 

 

9

Related party transactions

Key management compensation

2024
£

2023
£

Salaries and other short term employee benefits

19,913

19,419

 

Bespoke Plumbing And Heating Limited

trading as Bespoke Plumbing and Heating Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Transactions with directors

2024

At 1 July 2023
£

Advances to director
£

Repayments by director
£

At 30 June 2024
£

Mr Joseph Michael McKevitt

Directors Loan

(4,409)

(33,246)

32,631

(5,023)

Mr Gavin Samuel Johnston

Directors Loan

(4,409)

(33,246)

32,631

(5,023)

2023

At 1 July 2022
£

Advances to director
£

Repayments by director
£

At 30 June 2023
£

Mr Joseph Michael McKevitt

Directors Loan

(3,788)

(27,113)

26,492

(4,409)

Mr Gavin Samuel Johnston

Directors Loan

(3,788)

(27,113)

26,492

(4,409)

 

Bespoke Plumbing And Heating Limited

trading as Bespoke Plumbing and Heating Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Directors' remuneration

The directors' remuneration for the year was as follows:

2024
£

2023
£

Remuneration

20,180

19,419

Dividends paid to directors

2024
£

2023
£

Mr Joseph Michael McKevitt

Dividends

16,000

10,000

 

 

Mr Gavin Samuel Johnston

Dividends

16,000

10,000