Company Registration No. 04520733 (England and Wales)
Brians Plumbing and Heating Limited
Unaudited accounts
for the year ended 30 September 2024
Brians Plumbing and Heating Limited
Unaudited accounts
Contents
Brians Plumbing and Heating Limited
Company Information
for the year ended 30 September 2024
Company Number
04520733 (England and Wales)
Registered Office
123 Cross Lane East
Gravesend
Kent
DA12 5HA
Accountants
Clayton Stirling
123 Cross Lane East
Gravesend
Kent
DA12 5HA
Brians Plumbing and Heating Limited
Statement of financial position
as at 30 September 2024
Tangible assets
46,379
61,827
Cash at bank and in hand
16,404
23,196
Creditors: amounts falling due within one year
(91,979)
(96,060)
Net current liabilities
(45,440)
(49,680)
Called up share capital
100
100
Profit and loss account
839
12,047
Shareholders' funds
939
12,147
For the year ending 30 September 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 25 March 2025 and were signed on its behalf by
B Rowley
Director
Company Registration No. 04520733
Brians Plumbing and Heating Limited
Notes to the Accounts
for the year ended 30 September 2024
Brians Plumbing and Heating Limited is a private company, limited by shares, registered in England and Wales, registration number 04520733. The registered office is 123 Cross Lane East, Gravesend, Kent, DA12 5HA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
20% reducing balance basis
Motor vehicles
25% reducing balance basis
Computer equipment
20% straight line
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 completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Brians Plumbing and Heating Limited
Notes to the Accounts
for the year ended 30 September 2024
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
918
91,634
2,551
95,103
At 30 September 2024
918
91,634
2,551
95,103
At 1 October 2023
762
30,041
2,473
33,276
Charge for the year
32
15,397
19
15,448
At 30 September 2024
794
45,438
2,492
48,724
At 30 September 2024
124
46,196
59
46,379
At 30 September 2023
156
61,593
78
61,827
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
8,621
15,495
Taxes and social security
23,519
14,913
Loans from directors
59,071
65,389
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Average number of employees
During the year the average number of employees was 4 (2023: 5).