Company Registration No. SC745987 (Scotland)
NEIL PLUMBING & HEATING LTD
Unaudited accounts
for the year ended 30 September 2024
NEIL PLUMBING & HEATING LTD
Unaudited accounts
Contents
NEIL PLUMBING & HEATING LTD
Company Information
for the year ended 30 September 2024
Directors
Gordon Neil
Ross Neil
Company Number
SC745987 (Scotland)
Registered Office
33 NEWMARKET STREET
AYR
AYRSHIRE
KA7 1LL
NEIL PLUMBING & HEATING LTD
Statement of financial position
as at 30 September 2024
Tangible assets
55,097
39,545
Cash at bank and in hand
46,517
31,457
Creditors: amounts falling due within one year
(22,823)
(36,450)
Net current assets
42,641
58,275
Total assets less current liabilities
97,738
97,820
Creditors: amounts falling due after more than one year
(50,865)
(36,293)
Called up share capital
100
100
Profit and loss account
46,773
61,427
Shareholders' funds
46,873
61,527
For the year ending 30 September 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
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
Gordon Neil
Director
Company Registration No. SC745987
NEIL PLUMBING & HEATING LTD
Notes to the Accounts
for the year ended 30 September 2024
NEIL PLUMBING & HEATING LTD is a private company, limited by shares, registered in Scotland, registration number SC745987. The registered office is 33 NEWMARKET STREET, AYR, AYRSHIRE, KA7 1LL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciaiton charged
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
4,000
2,471
41,666
48,137
Additions
-
-
25,740
25,740
At 30 September 2024
4,000
2,471
67,406
73,877
At 1 October 2023
-
259
8,333
8,592
Charge for the year
-
442
9,746
10,188
At 30 September 2024
-
701
18,079
18,780
At 30 September 2024
4,000
1,770
49,327
55,097
At 30 September 2023
4,000
2,212
33,333
39,545
NEIL PLUMBING & HEATING LTD
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Trade debtors
11,885
17,200
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
11,561
31,857
Taxes and social security
7,106
-
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
11,192
16,404
Loans from directors
25,123
-
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).