PLUMLINK PLUMBING SUPPLIES LTD

Company Registration Number:
10161655 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

PLUMLINK PLUMBING SUPPLIES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

PLUMLINK PLUMBING SUPPLIES LTD

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 222,227 237,921
Investments: 4 3,506 99,025
Total fixed assets: 225,733 336,946
Current assets
Stocks: 472,536 480,086
Debtors:   625,652 622,203
Cash at bank and in hand: 714,868 536,774
Total current assets: 1,813,056 1,639,063
Creditors: amounts falling due within one year: 5 (992,330) (1,077,195)
Net current assets (liabilities): 820,726 561,868
Total assets less current liabilities: 1,046,459 898,814
Creditors: amounts falling due after more than one year: 6   (70,334)
Provision for liabilities: (47,000) (53,896)
Total net assets (liabilities): 999,459 774,584
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 989,459 764,584
Shareholders funds: 999,459 774,584

The notes form part of these financial statements

PLUMLINK PLUMBING SUPPLIES LTD

Balance sheet statements

For the year ending 31 December 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 04 March 2025
and signed on behalf of the board by:

Name: Jon Lee Benjamin
Status: Director

The notes form part of these financial statements

PLUMLINK PLUMBING SUPPLIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 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 represents the invoiced value of goods and services supplied by the company, net of valued added tax and trade discounts.

Tangible fixed assets and depreciation policy

Depreciation has been provided at the following rates in order to write the assets off over their estimated useful lives. Leasehold improvements Over the period of the lease Computer equipment 5 years straight line Warehouse equipment 10 Years straight line Company vehicles 25% reducing balance

Other accounting policies

Investment in Subsidiary Investments in Subsidiary undertakings are recognised at cost less and impairment value

PLUMLINK PLUMBING SUPPLIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 23 19

PLUMLINK PLUMBING SUPPLIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 414,666
Additions 88,123
Disposals (62,180)
At 31 December 2024 440,609
Depreciation
At 01 January 2024 176,745
Charge for year 56,207
On disposals (14,570)
At 31 December 2024 218,382
Net book value
At 31 December 2024 222,227
At 31 December 2023 237,921

PLUMLINK PLUMBING SUPPLIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

Investments in Subsidiaries undertakings are recognised at cost less any impairment in value.

PLUMLINK PLUMBING SUPPLIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Description 2024 2023 Trade creditors 697, 804 849,910 Accruals and other creditors 71,041 51,189 Tax and social security 150,169 99,526 Loans 70,334 76,570 Directors loans 2,981 0 Totals 992,330 1,077,195

PLUMLINK PLUMBING SUPPLIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

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

Description 2024 2023 Bank loan - fixed interest at 2.5% 0 0 Loan stock interest at 6% 0 70,334 Total 0 70,334