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Company Registration No. 11085820 (England and Wales)
ACF Plumbing and Heating Limited Unaudited accounts for the year ended 30 November 2024
ACF Plumbing and Heating Limited Unaudited accounts Contents
Page
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ACF Plumbing and Heating Limited Company Information for the year ended 30 November 2024
Director
Florin Cristian Bolojan
Company Number
11085820 (England and Wales)
Registered Office
Ground Floor 5 Melbourne House Corby Gate Business Park Priors Haw Road Corby NN17 5JG United Kingdom
Accountants
PHA Accountants Limited Timsons Business Centre Bath Road Kettering Northamptonshire NN16 8NQ
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ACF Plumbing and Heating Limited Accountants' report
Accountants' report to the director of ACF Plumbing and Heating Limited on the preparation of the unaudited statutory accounts for the year ended 30 November 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ACF Plumbing and Heating Limited for the year ended 30 November 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of ACF Plumbing and Heating Limited, as a body, in accordance with the terms of our engagement letter dated 27 January 2020. Our work has been undertaken solely to prepare for your approval the accounts of ACF Plumbing and Heating Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ACF Plumbing and Heating Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ACF Plumbing and Heating Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of ACF Plumbing and Heating Limited. You consider that ACF Plumbing and Heating Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of ACF Plumbing and Heating Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
PHA Accountants Limited Timsons Business Centre Bath Road Kettering Northamptonshire NN16 8NQ 29 March 2025
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ACF Plumbing and Heating Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,054 
11,566 
Current assets
Inventories
7,500 
2,000 
Debtors
33,515 
7,019 
Cash at bank and in hand
15,051 
5,475 
56,066 
14,494 
Creditors: amounts falling due within one year
(66,244)
(29,692)
Net current liabilities
(10,178)
(15,198)
Total assets less current liabilities
(1,124)
(3,632)
Creditors: amounts falling due after more than one year
(22,944)
(27,954)
Provisions for liabilities
Deferred tax
(1,721)
(2,198)
Net liabilities
(25,789)
(33,784)
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
(25,792)
(33,787)
Shareholders' funds
(25,789)
(33,784)
For the year ending 30 November 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 31 March 2025 and were signed on its behalf by
Florin Cristian Bolojan Director Company Registration No. 11085820
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ACF Plumbing and Heating Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
ACF Plumbing and Heating Limited is a private company, limited by shares, registered in England and Wales, registration number 11085820. The registered office is Ground Floor 5 Melbourne House, Corby Gate Business Park, Priors Haw Road, Corby, NN17 5JG, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
Motor vehicles
20% reducing balance
Computer equipment
33% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
Going concern
The director has confirmed that he will continue to give financial support to the company until such time as its position improves. The director considers that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result if the financial support was withdrawn.
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ACF Plumbing and Heating Limited Notes to the Accounts for the year ended 30 November 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 December 2023
1,196 
At 30 November 2024
1,196 
Amortisation
At 1 December 2023
1,196 
At 30 November 2024
1,196 
Net book value
At 30 November 2024
- 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2023
5,255 
14,000 
3,836 
23,091 
At 30 November 2024
5,255 
14,000 
3,836 
23,091 
Depreciation
At 1 December 2023
4,075 
4,080 
3,370 
11,525 
Charge for the year
295 
1,984 
233 
2,512 
At 30 November 2024
4,370 
6,064 
3,603 
14,037 
Net book value
At 30 November 2024
885 
7,936 
233 
9,054 
At 30 November 2023
1,180 
9,920 
466 
11,566 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,030 
4,230 
Other debtors
- 
2,590 
3,030 
6,820 
Amounts falling due after more than one year
Other debtors
30,485 
199 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
15,945 
4,783 
VAT
6,341 
1,128 
Trade creditors
28,874 
22,518 
Taxes and social security
13,773 
1,263 
Accruals
1,311 
- 
66,244 
29,692 
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ACF Plumbing and Heating Limited Notes to the Accounts for the year ended 30 November 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
22,944 
27,954 
9
Operating lease commitments
2024 
2023 
£ 
£ 
At 30 November 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
8,400 
2,305 
Later than one year and not later than five years
2,800 
- 
11,200 
2,305 
10
Loans to directors
The following advances and credits to directors subsisted during the years ended 30 November 2024: Amounts advanced - £31,661 Amounts repaid - (£11,029) Balance outstanding at end of year - £21,222
11
Transactions with related parties
During the year, the Company has charged ACF Property Group Limited £2,780 (2023: £817) for the work related to plumbing, maintenance and repairs. Mr Bolojan, is also a Director of ACF Property Group Limited. The transactions were charged in accordance with the arm's length principle.
12
Average number of employees
During the year the average number of employees was 5 (2023: 4).
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