Company Registration No. 13808116 (England and Wales)
L D L Plumbing & Heating Ltd
Unaudited accounts
for the year ended 31 December 2024
L D L Plumbing & Heating Ltd
Unaudited accounts
Contents
L D L Plumbing & Heating Ltd
Company Information
for the year ended 31 December 2024
Director
Lloyd Dennis Le-Marechal
Company Number
13808116 (England and Wales)
Registered Office
24 Clementine Way
Fair Oak
Southampton
SO50 7QG
United Kingdom
Accountants
365 Accounts Ltd
44 Brookwood Road
Southampton
Hampshire
SO16 9AJ
L D L Plumbing & Heating Ltd
Statement of financial position
as at 31 December 2024
Intangible assets
4,400
6,600
Tangible assets
20,859
27,247
Cash at bank and in hand
837
1,906
Creditors: amounts falling due within one year
(75,131)
(30,120)
Net current liabilities
(25,179)
(22,173)
Total assets less current liabilities
80
11,674
Creditors: amounts falling due after more than one year
-
(11,475)
Called up share capital
1
1
Profit and loss account
79
198
Shareholders' funds
80
199
For the year ending 31 December 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 9 April 2025 and were signed on its behalf by
Lloyd Dennis Le-Marechal
Director
Company Registration No. 13808116
L D L Plumbing & Heating Ltd
Notes to the Accounts
for the year ended 31 December 2024
L D L Plumbing & Heating Ltd is a private company, limited by shares, registered in England and Wales, registration number 13808116. The registered office is 24 Clementine Way, Fair Oak , Southampton, SO50 7QG, United Kingdom.
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.
The accounts are presented in £ sterling.
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 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
25% Reducing Balance Method
Motor vehicles
25% Reducing Balance Method
Intangible fixed assets (including goodwill and patents) are included at cost less accumulated amortisation. Intangibles are amortised over their usefull life of 5 years on a straight line basis
4
Intangible fixed assets
Goodwill
At 31 December 2024
11,000
L D L Plumbing & Heating Ltd
Notes to the Accounts
for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2024
13,908
24,995
38,903
At 31 December 2024
14,393
24,995
39,388
At 1 January 2024
5,016
6,640
11,656
Charge for the year
2,284
4,589
6,873
At 31 December 2024
7,300
11,229
18,529
At 31 December 2024
7,093
13,766
20,859
At 31 December 2023
8,892
18,355
27,247
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
45,440
2,650
Obligations under finance leases and hire purchase contracts
-
2,893
Trade creditors
4,700
2,665
Taxes and social security
6,506
5,145
Other creditors
18,485
2,425
Loans from directors
-
14,342
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
11,475
During the year the company maintained a loan account with its director Mr Lloyd Dennis Le-Marechal. At the year end date the director owed the company an amount of £37,851 (2023 - £14,342). This amount was repaid within 9 months of the year end date.
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Average number of employees
During the year the average number of employees was 1 (2023: 1).