PIPEWORKS SOUTHAMPTON LTD

Company Registration Number:
09682382 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

PIPEWORKS SOUTHAMPTON LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

PIPEWORKS SOUTHAMPTON LTD

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 0 450
Total fixed assets: 0 450
Current assets
Debtors: 4 16,062 20,110
Cash at bank and in hand: 12 12
Total current assets: 16,074 20,122
Creditors: amounts falling due within one year: 5 (8,969) (9,019)
Net current assets (liabilities): 7,105 11,103
Total assets less current liabilities: 7,105 11,553
Creditors: amounts falling due after more than one year: 6 (2,833) (6,233)
Total net assets (liabilities): 4,272 5,320
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 4,172 5,220
Shareholders funds: 4,272 5,320

The notes form part of these financial statements

PIPEWORKS SOUTHAMPTON LTD

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 April 2025
and signed on behalf of the board by:

Name: Mr M West
Status: Director

The notes form part of these financial statements

PIPEWORKS SOUTHAMPTON LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured as the fair value of the consideration received and receivable in respect of goods and services supplied in the period net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated in the balance sheet at cost less depreciation. Depreciation is provided to write off the cost of each asset over its estimated life at the following rates: Plant and machinery: 25% on the reducing balancer basis.

Other accounting policies

Rentals paid under operating leases are charged to the income statement on a straight line basis over the period of the lease.

PIPEWORKS SOUTHAMPTON LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 0 2

PIPEWORKS SOUTHAMPTON LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 4,500
Disposals (4,500)
At 31 July 2024 0
Depreciation
At 01 August 2023 4,050
On disposals (4,050)
At 31 July 2024 0
Net book value
At 31 July 2024 0
At 31 July 2023 450

PIPEWORKS SOUTHAMPTON LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

Debtors due within one year comprise: At 31 July 2024: Trade debtors £300, other debtors £15,762. At 31 July 2023: Trade debtors £368, other debtors £19,742.

PIPEWORKS SOUTHAMPTON LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

Creditors falling due within one year comprise at 31 July 2024: Bank loans and overdrafts £4,109, Trade creditors £323, taxation £3,770 and other creditors £767. At 31 July 2023 creditors falling due within one year comprise: Bank loans and overdrafts £3,568, trade creditors £514, taxation £4,204 and other creditors £733.

PIPEWORKS SOUTHAMPTON LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Creditors: amounts falling due after more than one year note

Creditors falling due after more than one year comprise wholly of bank loans.

PIPEWORKS SOUTHAMPTON LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

7. Loans to directors

Name of director receiving advance or credit: Mr M West
Description of the loan: Advance
£
Balance at 01 August 2023 19,236
Advances or credits made: 7,472
Advances or credits repaid: 14,255
Balance at 31 July 2024 12,453

The advance to the director is unsecured and repayable upon demand. Interest charged on the loan for the year was £357 (2023: £506).