Acorah Software Products - Accounts Production 16.2.850 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 3356186 Mr P Singh Johal iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 3356186 2023-04-30 3356186 2024-04-30 3356186 2023-05-01 2024-04-30 3356186 frs-core:CurrentFinancialInstruments 2024-04-30 3356186 frs-core:Non-currentFinancialInstruments 2024-04-30 3356186 frs-core:BetweenOneFiveYears 2024-04-30 3356186 frs-core:FurnitureFittings 2024-04-30 3356186 frs-core:FurnitureFittings 2023-05-01 2024-04-30 3356186 frs-core:FurnitureFittings 2023-04-30 3356186 frs-core:MotorVehicles 2024-04-30 3356186 frs-core:MotorVehicles 2023-05-01 2024-04-30 3356186 frs-core:MotorVehicles 2023-04-30 3356186 frs-core:ShareCapital 2024-04-30 3356186 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 3356186 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 3356186 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 3356186 frs-bus:SmallEntities 2023-05-01 2024-04-30 3356186 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 3356186 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 3356186 frs-bus:Director1 2023-05-01 2024-04-30 3356186 frs-countries:EnglandWales 2023-05-01 2024-04-30 3356186 2022-04-30 3356186 2023-04-30 3356186 2022-05-01 2023-04-30 3356186 frs-core:CurrentFinancialInstruments 2023-04-30 3356186 frs-core:Non-currentFinancialInstruments 2023-04-30 3356186 frs-core:BetweenOneFiveYears 2023-04-30 3356186 frs-core:ShareCapital 2023-04-30 3356186 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 3356186
Plumbpart Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
S & T Accountancy Ltd
52A Spring Grove Road
Hounslow
Middlesex
TW3 4BN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 3356186
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 37,318 37,689
37,318 37,689
CURRENT ASSETS
Stocks 5 29,240 47,760
Debtors 6 4,600 5,200
Cash at bank and in hand 6,906 13,641
40,746 66,601
Creditors: Amounts Falling Due Within One Year 7 (4,865 ) (4,799 )
NET CURRENT ASSETS (LIABILITIES) 35,881 61,802
TOTAL ASSETS LESS CURRENT LIABILITIES 73,199 99,491
Creditors: Amounts Falling Due After More Than One Year 8 (41,391 ) (59,051 )
NET ASSETS 31,808 40,440
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 31,806 40,438
SHAREHOLDERS' FUNDS 31,808 40,440
Page 1
Page 2
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr P Singh Johal
Director
09/04/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Plumbpart Limited is a private company, limited by shares, incorporated in England & Wales, registered number 3356186 . The registered office is 52A Spring Grove Road, Hounslow, Middlesex, TW3 4BN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% on Reducing balance
Fixtures & Fittings No Depreciation Provided
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2023 85,689 7,470 93,159
As at 30 April 2024 85,689 7,470 93,159
Depreciation
As at 1 May 2023 48,617 6,853 55,470
Provided during the period 371 - 371
As at 30 April 2024 48,988 6,853 55,841
Net Book Value
As at 30 April 2024 36,701 617 37,318
As at 1 May 2023 37,072 617 37,689
5. Stocks
2024 2023
£ £
Finished goods 29,240 47,760
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 4,600 5,200
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax - 161
Other taxes and social security 1,201 729
VAT 3,664 3,909
4,865 4,799
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 20,893 28,947
Bank loans 20,498 30,104
41,391 59,051
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Page 5
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 20,893 28,947
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
11. Dividends
Page 5