Caseware UK (AP4) 2023.0.135 2023.0.135 2024-11-302024-11-30No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-12-01false22falsetruefalse 09319060 2023-12-01 2024-11-30 09319060 2022-12-01 2023-11-30 09319060 2024-11-30 09319060 2023-11-30 09319060 c:Director1 2023-12-01 2024-11-30 09319060 c:Director2 2023-12-01 2024-11-30 09319060 d:MotorVehicles 2023-12-01 2024-11-30 09319060 d:MotorVehicles 2024-11-30 09319060 d:MotorVehicles 2023-11-30 09319060 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 09319060 d:OfficeEquipment 2023-12-01 2024-11-30 09319060 d:OfficeEquipment 2024-11-30 09319060 d:OfficeEquipment 2023-11-30 09319060 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 09319060 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 09319060 d:CurrentFinancialInstruments 2024-11-30 09319060 d:CurrentFinancialInstruments 2023-11-30 09319060 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 09319060 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 09319060 d:ShareCapital 2024-11-30 09319060 d:ShareCapital 2023-11-30 09319060 d:RetainedEarningsAccumulatedLosses 2024-11-30 09319060 d:RetainedEarningsAccumulatedLosses 2023-11-30 09319060 d:AcceleratedTaxDepreciationDeferredTax 2024-11-30 09319060 d:AcceleratedTaxDepreciationDeferredTax 2023-11-30 09319060 c:FRS102 2023-12-01 2024-11-30 09319060 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 09319060 c:FullAccounts 2023-12-01 2024-11-30 09319060 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09319060 2 2023-12-01 2024-11-30 09319060 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure
Registered number: 09319060









PLUMB THERMALS LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
PLUMB THERMALS LIMITED
REGISTERED NUMBER: 09319060

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,038
2,625

  
2,038
2,625

Current assets
  

Debtors: amounts falling due within one year
 5 
5,878
7,640

Cash at bank and in hand
  
5,244
18,926

  
11,122
26,566

Creditors: amounts falling due within one year
 6 
(2,644)
(7,620)

Net current assets
  
 
 
8,478
 
 
18,946

Total assets less current liabilities
  
10,516
21,571

Provisions for liabilities
  

Deferred tax
 7 
(509)
(656)

  
 
 
(509)
 
 
(656)

Net assets
  
10,007
20,915


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
9,997
20,905

  
10,007
20,915


Page 1

 
PLUMB THERMALS LIMITED
REGISTERED NUMBER: 09319060

BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 April 2025.




................................................
L Myhill
................................................
J Dalrymple
Director
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
PLUMB THERMALS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

Plumb Thermals Limited is a private company, limited by shares, domiciled in England and Wales, with a registration number of 09319060. The registered office is 54 Wolfe Road, Norwich, Norfolk, NR1 4HT.
The financial statements are prepared in sterling which is the functional currency of the company and rounded to the nearest £. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a basis other than going concern. This basis has been adopted because since the year end, the company has not traded and there are no plans to recommence trade. 
This basis includes, where applicable, writing the company’s assets down to net realisable value.  No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
PLUMB THERMALS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, Reducing balance and Straight line basis.

Depreciation is provided on the following basis:

Motor vehicles
-
20%
Reducing balance
Office equipment
-
33%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
PLUMB THERMALS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees



The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 5

 
PLUMB THERMALS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 December 2023
8,100
942
9,042



At 30 November 2024

8,100
942
9,042



Depreciation


At 1 December 2023
5,623
794
6,417


Charge for the year on owned assets
495
92
587



At 30 November 2024

6,118
886
7,004



Net book value



At 30 November 2024
1,982
56
2,038



At 30 November 2023
2,477
148
2,625


5.


Debtors

2024
2023
£
£


Trade debtors
-
1,805

Other debtors
5,373
5,435

Prepayments and accrued income
505
400

5,878
7,640



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
1,767
4,971

Other creditors
727
690

Accruals and deferred income
150
1,959

2,644
7,620


Page 6

 
PLUMB THERMALS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

7.


Deferred taxation




2024


£






At beginning of year
656


Credited to profit or loss
(147)



At end of year
509

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
509
656


8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



10 (2023 - 10) Ordinary shares shares of £1.00 each
10
10



9.


Related party transactions

At 30 November 2024, the company owed £727 (2023 - £591) to the directors. The loan is interest free and payable on demand. 


Page 7