7
false
false
false
false
false
false
false
false
false
false
true
false
false
false
false
false
false
No description of principal activity
2024-03-01
Sage Accounts Production Advanced 2024 - FRS102_2024
7,426
79
7,347
xbrli:pure
xbrli:shares
iso4217:GBP
07517337
2024-03-01
2025-02-28
07517337
2025-02-28
07517337
2024-02-29
07517337
2023-03-01
2024-02-29
07517337
2024-02-29
07517337
2023-02-28
07517337
core:FurnitureFittings
2024-03-01
2025-02-28
07517337
core:MotorVehicles
2024-03-01
2025-02-28
07517337
bus:OrdinaryShareClass2
2024-03-01
2025-02-28
07517337
bus:OrdinaryShareClass3
2024-03-01
2025-02-28
07517337
bus:OrdinaryShareClass4
2024-03-01
2025-02-28
07517337
bus:OrdinaryShareClass5
2024-03-01
2025-02-28
07517337
bus:Director1
2024-03-01
2025-02-28
07517337
core:DeferredTaxation
2024-03-01
2025-02-28
07517337
core:WithinOneYear
2025-02-28
07517337
core:WithinOneYear
2024-02-29
07517337
core:AfterOneYear
2025-02-28
07517337
core:AfterOneYear
2024-02-29
07517337
core:ShareCapital
2025-02-28
07517337
core:ShareCapital
2024-02-29
07517337
core:RetainedEarningsAccumulatedLosses
2025-02-28
07517337
core:RetainedEarningsAccumulatedLosses
2024-02-29
07517337
core:BetweenOneFiveYears
2025-02-28
07517337
core:AcceleratedTaxDepreciationDeferredTax
2025-02-28
07517337
core:AcceleratedTaxDepreciationDeferredTax
2024-02-29
07517337
core:DeferredTaxation
2024-02-29
07517337
core:DeferredTaxation
2025-02-28
07517337
bus:SmallEntities
2024-03-01
2025-02-28
07517337
bus:AuditExemptWithAccountantsReport
2024-03-01
2025-02-28
07517337
bus:SmallCompaniesRegimeForAccounts
2024-03-01
2025-02-28
07517337
bus:PrivateLimitedCompanyLtd
2024-03-01
2025-02-28
07517337
bus:AbridgedAccounts
2024-03-01
2025-02-28
07517337
bus:OrdinaryShareClass2
2025-02-28
07517337
bus:OrdinaryShareClass2
2024-02-29
07517337
bus:OrdinaryShareClass3
2025-02-28
07517337
bus:OrdinaryShareClass3
2024-02-29
07517337
bus:OrdinaryShareClass4
2025-02-28
07517337
bus:OrdinaryShareClass4
2024-02-29
07517337
bus:OrdinaryShareClass5
2025-02-28
07517337
bus:OrdinaryShareClass5
2024-02-29
07517337
bus:AllOrdinaryShares
2025-02-28
07517337
bus:AllOrdinaryShares
2024-02-29
07517337
core:ComputerEquipment
2024-03-01
2025-02-28
COMPANY REGISTRATION NUMBER:
07517337
CALDER VALLEY PLUMBING & HEATING LIMITED |
|
FILLETED UNAUDITED ABRIDGED FINANCIAL STATEMENTS |
|
CALDER VALLEY PLUMBING & HEATING LIMITED |
|
ABRIDGED STATEMENT OF FINANCIAL POSITION |
|
28 February 2025
FIXED ASSETS
Tangible assets |
5 |
|
30,207 |
|
39,084 |
|
|
|
|
|
|
CURRENT ASSETS
Stocks |
1,000 |
|
1,000 |
|
Debtors |
147,269 |
|
135,807 |
|
Cash at bank and in hand |
70,935 |
|
17,884 |
|
|
---------- |
|
---------- |
|
|
219,204 |
|
154,691 |
|
|
|
|
|
|
CREDITORS: amounts falling due within one year |
125,322 |
|
99,591 |
|
|
---------- |
|
---------- |
|
NET CURRENT ASSETS |
|
93,882 |
|
55,100 |
|
|
---------- |
|
--------- |
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
124,089 |
|
94,184 |
|
|
|
|
|
CREDITORS: amounts falling due after more than one year |
|
4,251 |
|
14,167 |
|
|
|
|
|
PROVISIONS |
6 |
|
7,347 |
|
7,426 |
|
|
---------- |
|
--------- |
NET ASSETS |
|
112,491 |
|
72,591 |
|
|
---------- |
|
--------- |
|
|
|
|
|
|
CALDER VALLEY PLUMBING & HEATING LIMITED |
|
ABRIDGED STATEMENT OF FINANCIAL POSITION (continued) |
|
28 February 2025
CAPITAL AND RESERVES
Called up share capital |
8 |
|
100 |
|
100 |
Profit and loss account |
|
112,391 |
|
72,491 |
|
|
---------- |
|
--------- |
SHAREHOLDERS FUNDS |
|
112,491 |
|
72,591 |
|
|
---------- |
|
--------- |
|
|
|
|
|
|
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 28 February 2025 in accordance with Section 444(2A) of the Companies Act 2006.
These abridged financial statements were approved by the
board of directors
and authorised for issue on
17 April 2025
, and are signed on behalf of the board by:
Company registration number:
07517337
CALDER VALLEY PLUMBING & HEATING LIMITED |
|
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS |
|
YEAR ENDED 28 FEBRUARY 2025
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 212, Fearnely Mill, Dean Clough, Halifax, West Yorkshire, HX3 5AX.
2.
STATEMENT OF COMPLIANCE
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
ACCOUNTING POLICIES
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are not considered to be any judgements or accounting estimates or assumptions that have a significant impact on the financial statements.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Current tax and deferred tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Fixtures and fittings |
- |
15% reducing balance |
|
Motor vehicles |
- |
25% reducing balance |
|
Computer equipment |
- |
33% straight line |
|
|
|
|
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4.
EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to
7
(2024:
6
).
5.
TANGIBLE ASSETS
|
£ |
Cost |
|
At 1 March 2024 |
53,535 |
Additions |
774 |
|
--------- |
At 28 February 2025 |
54,309 |
|
--------- |
Depreciation |
|
At 1 March 2024 |
14,451 |
Charge for the year |
9,651 |
|
--------- |
At 28 February 2025 |
24,102 |
|
--------- |
Carrying amount |
|
At 28 February 2025 |
30,207 |
|
--------- |
At 29 February 2024 |
39,084 |
|
--------- |
|
|
6.
PROVISIONS
|
Deferred tax (note 7) |
|
£ |
At 1 March 2024 |
7,426 |
Additions |
(
79) |
|
------- |
At 28 February 2025 |
7,347 |
|
------- |
|
|
7.
DEFERRED TAX
The deferred tax included in the abridged statement of financial position is as follows:
|
2025 |
2024 |
|
£ |
£ |
Included in provisions (note 6) |
7,347 |
7,426 |
|
------- |
------- |
|
|
|
The deferred tax account consists of the tax effect of timing differences in respect of:
|
2025 |
2024 |
|
£ |
£ |
Accelerated capital allowances |
7,347 |
7,426 |
|
------- |
------- |
|
|
|
8.
CALLED UP SHARE CAPITAL
Issued, called up and fully paid
|
2025 |
2024 |
|
No. |
£ |
No. |
£ |
"A" Ordinary shares of £ 1 each |
25 |
25 |
25 |
25 |
"B" Ordinary shares of £ 1 each |
25 |
25 |
25 |
25 |
"C" Ordinary shares of £ 1 each |
25 |
25 |
25 |
25 |
"D" Ordinary shares of £ 1 each |
25 |
25 |
25 |
25 |
|
---- |
---- |
---- |
---- |
|
100 |
100 |
100 |
100 |
|
---- |
---- |
---- |
---- |
|
|
|
|
|
9.
OPERATING LEASES
The total future minimum lease payments under non-cancellable operating leases are as follows:
|
2025 |
2024 |
|
£ |
£ |
Not later than 1 year |
14,396 |
3,560 |
Later than 1 year and not later than 5 years |
26,393 |
– |
|
--------- |
------- |
|
40,789 |
3,560 |
|
--------- |
------- |
|
|
|
10.
DIRECTORS' ADVANCES, CREDITS AND GUARANTEES
The directors loan accounts were in credit throughout the year. The loans are repayable on demand and no interest is charged.