LGS PLUMBING AND HEATING LTD

Company Registration Number:
07105404 (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

LGS PLUMBING AND HEATING LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

LGS PLUMBING AND HEATING LTD

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 35,613 26,419
Total fixed assets: 35,613 26,419
Current assets
Stocks: 52,900 60,710
Debtors: 4 146,987 95,860
Cash at bank and in hand: 218,621 174,431
Total current assets: 418,508 331,001
Creditors: amounts falling due within one year: 5 (271,740) (208,327)
Net current assets (liabilities): 146,768 122,674
Total assets less current liabilities: 182,381 149,093
Creditors: amounts falling due after more than one year: 6 (2,210) (7,783)
Total net assets (liabilities): 180,171 141,310
Capital and reserves
Called up share capital: 8 8
Profit and loss account: 180,163 141,302
Shareholders funds: 180,171 141,310

The notes form part of these financial statements

LGS PLUMBING AND HEATING 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 08 May 2025
and signed on behalf of the board by:

Name: Warren Brady
Status: Director

The notes form part of these financial statements

LGS PLUMBING AND HEATING 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

LGS PLUMBING AND HEATING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 7 7

LGS PLUMBING AND HEATING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 95,473
Additions 21,064
At 31 December 2024 116,537
Depreciation
At 01 January 2024 69,054
Charge for year 11,870
At 31 December 2024 80,924
Net book value
At 31 December 2024 35,613
At 31 December 2023 26,419

LGS PLUMBING AND HEATING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

Due within one year Trade debtors £135,500 (2023: £84,000) Other debtors £11,487 (2023: £11,860) Total £146,987 (2023: £95,860)

LGS PLUMBING AND HEATING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Trade creditors £31,969 (2023: £19,035) Bank loans and overdrafts £5,150 (2023: £5,015) Other creditors £167,005 (2023: £110,773) Taxation and social security £67,616 (2023: £73,504) Total £271,740 (2023: £208,327)

LGS PLUMBING AND HEATING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

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

Bank loans £2,210 (2023: £7,783)