Registered number
15500761
EAST COAST PLUMBING & HEATING (EA) LTD
Filleted Accounts
28 February 2025
EAST COAST PLUMBING & HEATING (EA) LTD
Registered number: 15500761
Balance Sheet
as at 28 February 2025
Notes 2025
£
Fixed assets
Tangible assets 3 22,121
Current assets
Stocks 2,000
Debtors 4 2,271
Cash at bank and in hand 77,544
81,815
Creditors: amounts falling due within one year 5 (67,538)
Net current assets 14,277
Total assets less current liabilities 36,398
Provisions for liabilities (2,999)
Net assets 33,399
Capital and reserves
Called up share capital 100
Profit and loss account 33,299
Shareholders' funds 33,399
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr D Bullock
Director
Approved by the board on 17 April 2025
EAST COAST PLUMBING & HEATING (EA) LTD
Notes to the Accounts
for the year ended 28 February 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025
Number
Average number of persons employed by the company 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
Additions 6,000 23,495 29,495
At 28 February 2025 6,000 23,495 29,495
Depreciation
Charge for the year 1,500 5,874 7,374
At 28 February 2025 1,500 5,874 7,374
Net book value
At 28 February 2025 4,500 17,621 22,121
4 Debtors 2025
£
Trade debtors 2,271
5 Creditors: amounts falling due within one year 2025
£
Trade creditors 6,835
Taxation and social security costs 25,522
Other creditors 35,181
67,538
6 Related party transactions
There is an amount owed to the directors at the year end of £33,682 being the director's loan account balance. This is shown in ‘Other Creditors’ and is interest free and repayable on demand.
7 Other information
EAST COAST PLUMBING & HEATING (EA) LTD is a private company limited by shares and incorporated in England. Its registered office is:
52 Seaton Road
Felixstowe
Suffolk
IP11 9BP
EAST COAST PLUMBING & HEATING (EA) LTD 15500761 false 2024-03-01 2025-02-28 2025-02-28 VT Final Accounts July 2024 Mr D Bullock No description of principal activity 15500761 2024-03-01 2025-02-28 15500761 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 15500761 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 15500761 bus:Director40 2024-03-01 2025-02-28 15500761 1 2024-03-01 2025-02-28 15500761 2 2024-03-01 2025-02-28 15500761 core:PlantMachinery 2024-03-01 2025-02-28 15500761 core:Vehicles 2024-03-01 2025-02-28 15500761 countries:England 2024-03-01 2025-02-28 15500761 bus:FRS102 2024-03-01 2025-02-28 15500761 bus:FilletedAccounts 2024-03-01 2025-02-28 15500761 2025-02-28 15500761 core:WithinOneYear 2025-02-28 15500761 core:ShareCapital 2025-02-28 15500761 core:RetainedEarningsAccumulatedLosses 2025-02-28 15500761 core:PlantMachinery 2025-02-28 15500761 core:Vehicles 2025-02-28 15500761 2024-02-29 iso4217:GBP xbrli:pure