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REGISTERED NUMBER: 09105219 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 July 2024

for

Thompson Plumbing and Heating Limited

Thompson Plumbing and Heating Limited (Registered number: 09105219)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Thompson Plumbing and Heating Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Mr I R Thompson
Mr R P Thompson





REGISTERED OFFICE: Lynnem House
1 Victoria Way
Burgess Hill
West Sussex
RH15 9NF





REGISTERED NUMBER: 09105219 (England and Wales)





ACCOUNTANTS: Price Green & Co
Lynnem House
1 Victoria Way
Burgess Hill
West Sussex
RH15 9NF

Thompson Plumbing and Heating Limited (Registered number: 09105219)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 5,265 7,535

CURRENT ASSETS
Debtors 5 36,729 41,762
Cash at bank 911 1,327
37,640 43,089
CREDITORS
Amounts falling due within one year 6 28,286 29,909
NET CURRENT ASSETS 9,354 13,180
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,619

20,715

CREDITORS
Amounts falling due after more than one year 7 11,077 19,933
NET ASSETS 3,542 782

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,442 682
SHAREHOLDERS' FUNDS 3,542 782

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Thompson Plumbing and Heating Limited (Registered number: 09105219)

Balance Sheet - continued
31 July 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by:





Mr R P Thompson - Director


Thompson Plumbing and Heating Limited (Registered number: 09105219)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Thompson Plumbing and Heating Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

Thompson Plumbing and Heating Limited (Registered number: 09105219)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023 224 25,204 217 25,645
Disposals - (8,995 ) (167 ) (9,162 )
At 31 July 2024 224 16,209 50 16,483
DEPRECIATION
At 1 August 2023 215 17,691 204 18,110
Charge for year 3 1,751 2 1,756
Eliminated on disposal - (8,488 ) (160 ) (8,648 )
At 31 July 2024 218 10,954 46 11,218
NET BOOK VALUE
At 31 July 2024 6 5,255 4 5,265
At 31 July 2023 9 7,513 13 7,535

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 2,429 2,044
Other debtors 34,300 39,718
36,729 41,762

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 6,800 6,800
Hire purchase contracts 793 1,425
Trade creditors 6,472 11,172
Taxation and social security 8,442 4,181
Other creditors 5,779 6,331
28,286 29,909

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 8,500 15,300
Hire purchase contracts 2,577 4,633
11,077 19,933

Thompson Plumbing and Heating Limited (Registered number: 09105219)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
Mr R P Thompson
Balance outstanding at start of year 28,344 28,340
Amounts advanced 38,636 32,362
Amounts repaid (41,545 ) (32,358 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 25,435 28,344

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £16,000 (2023 - £15,000) were paid to the directors .

The company was controlled throughout the current and previous year by the directors.