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Company Registration No. 14134336 (England and Wales)
Plumbusters Ltd Unaudited accounts for the year ended 31 May 2024
Plumbusters Ltd Unaudited accounts Contents
Page
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Plumbusters Ltd Company Information for the year ended 31 May 2024
Director
Mr Mathew Russell
Company Number
14134336 (England and Wales)
Registered Office
380A New Hythe Lane Larkfield Aylesford Kent ME20 6RZ
Accountants
Rustrick Accountants Limited 380A New Hythe lane Larkfield Maidstone Kent ME20 6RZ
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Plumbusters Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,607 
593 
Current assets
Debtors
3,614 
985 
Cash at bank and in hand
35,953 
20,317 
39,567 
21,302 
Creditors: amounts falling due within one year
(38,363)
(19,597)
Net current assets
1,204 
1,705 
Net assets
3,811 
2,298 
Capital and reserves
Called up share capital
1 
100 
Profit and loss account
3,810 
2,198 
Shareholders' funds
3,811 
2,298 
For the year ending 31 May 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 10 February 2025 and were signed on its behalf by
Mr Mathew Russell Director Company Registration No. 14134336
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Plumbusters Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Plumbusters Ltd is a private company, limited by shares, registered in England and Wales, registration number 14134336. The registered office is 380A New Hythe Lane , Larkfield , Aylesford, Kent, ME20 6RZ.
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
Turnover
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.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2023
791 
Additions
2,883 
At 31 May 2024
3,674 
Depreciation
At 1 June 2023
198 
Charge for the year
869 
At 31 May 2024
1,067 
Net book value
At 31 May 2024
2,607 
At 31 May 2023
593 
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Plumbusters Ltd Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,614 
440 
Other debtors
- 
545 
3,614 
985 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,784 
3,678 
Trade creditors
2,593 
4,950 
Taxes and social security
30,657 
9,769 
Loans from directors
129 
- 
Accruals
1,200 
1,200 
38,363 
19,597 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Transactions with related parties
The £7000 Management Fee of H20 Plumbusters Ltd
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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