REGISTERED NUMBER: 14162792 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

CB PLUMBING & MECHANICAL SERVICES

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C S Bolton

Mrs R V Bolton

REGISTERED OFFICE:

21 Hollowgate

Rotherham

South Yorkshire

S60 2LE

REGISTERED NUMBER:

14162792 (England and Wales)

ACCOUNTANTS:

Drury & Co

Accountants & Business Advisors

21 Hollowgate

Rotherham

South Yorkshire

S60 2LE

FIXED ASSETS

Intangible assets

4

9,600

10,800

Tangible assets

5

20,350

24,318

29,950

35,118

CURRENT ASSETS

Debtors

6

32,931

38,779

Cash at bank and in hand

54,641

49,169

87,572

87,948

CREDITORS

Amounts falling due within one year

7

49,467

69,868

NET CURRENT ASSETS

38,105

18,080

TOTAL ASSETS LESS CURRENT LIABILITIES

68,055

53,198

CREDITORS

Amounts falling due after more than one year

8

5,969

9,352

NET ASSETS

62,086

43,846

CAPITAL AND RESERVES

Called up share capital

9

100

200

Retained earnings

61,986

43,646

SHAREHOLDERS' FUNDS

62,086

43,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 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 3 April 2025 and were signed on its behalf by:

C S Bolton - Director

1.	STATUTORY INFORMATION

CB Plumbing & Mechanical Services 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2023

and 30 June 2024

12,000

AMORTISATION

At 1 July 2023

1,200

Amortisation for year

1,200

At 30 June 2024

2,400

NET BOOK VALUE

At 30 June 2024

9,600

At 30 June 2023

10,800

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2023

7,227

22,989

1,100

31,316

Additions

-

6,750

-

6,750

Disposals

-

(6,500

)

-

(6,500

)

At 30 June 2024

7,227

23,239

1,100

31,566

DEPRECIATION

At 1 July 2023

1,085

5,748

165

6,998

Charge for year

922

4,780

141

5,843

Eliminated on disposal

-

(1,625

)

-

(1,625

)

At 30 June 2024

2,007

8,903

306

11,216

NET BOOK VALUE

At 30 June 2024

5,220

14,336

794

20,350

At 30 June 2023

6,142

17,241

935

24,318

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 July 2023

and 30 June 2024

16,489

DEPRECIATION

At 1 July 2023

4,123

Charge for year

3,092

At 30 June 2024

7,215

NET BOOK VALUE

At 30 June 2024

9,274

At 30 June 2023

12,366

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

20,262

37,066

Other debtors

12,669

1,713

32,931

38,779

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

3,383

3,383

Taxation and social security

44,499

21,606

Other creditors

1,585

44,879

49,467

69,868

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

5,969

9,352

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary Shares

£1

100

200

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the reporting date, the company was indebted to the director in the sum of £585 (2023:£43,300)

There are no formal repayment terms attached to this loan and interest is not being charged.