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REGISTERED NUMBER: 02976473 (England and Wales)









PUMPMASTER UK LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






PUMPMASTER UK LTD (REGISTERED NUMBER: 02976473)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


PUMPMASTER UK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr L G Wells
Mrs V J Buckley



REGISTERED OFFICE: Manor House Offices
Malvern Road
Worcester
Worcestershire
WR2 4BS



REGISTERED NUMBER: 02976473 (England and Wales)



ACCOUNTANTS: Gardiner Fosh
Chartered Accountants
31 St John's
Worcester
Worcestershire
WR2 5AG



BANKERS: The Co-operative Bank plc
118 - 120 Colmore Row
Birmingham
B3 3BA

PUMPMASTER UK LTD (REGISTERED NUMBER: 02976473)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 557 697
Tangible assets 5 80,733 62,108
81,290 62,805

CURRENT ASSETS
Stocks 146,469 139,783
Debtors 6 22,465 35,861
Cash at bank and in hand 260,628 218,830
429,562 394,474
CREDITORS
Amounts falling due within one year 7 142,535 126,512
NET CURRENT ASSETS 287,027 267,962
TOTAL ASSETS LESS CURRENT LIABILITIES 368,317 330,767

CREDITORS
Amounts falling due after more than one year 8 (22,371 ) (35,361 )

PROVISIONS FOR LIABILITIES 9 (16,147 ) (14,906 )
NET ASSETS 329,799 280,500

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 319,799 270,500
SHAREHOLDERS' FUNDS 329,799 280,500

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PUMPMASTER UK LTD (REGISTERED NUMBER: 02976473)

BALANCE SHEET - continued
31 DECEMBER 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2025 and were signed on its behalf by:





Mrs V J Buckley - Director


PUMPMASTER UK LTD (REGISTERED NUMBER: 02976473)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

PumpMaster UK Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Trademark applications are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 33% on cost and 25% on reducing balance
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

PUMPMASTER UK LTD (REGISTERED NUMBER: 02976473)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024
and 31 December 2024 1,747
AMORTISATION
At 1 January 2024 1,050
Charge for year 140
At 31 December 2024 1,190
NET BOOK VALUE
At 31 December 2024 557
At 31 December 2023 697

5. TANGIBLE FIXED ASSETS
Fixtures
Land and and Motor
Buildings fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2024 3,178 11,612 275,521 290,311
Additions - - 67,750 67,750
Disposals - - (34,050 ) (34,050 )
At 31 December 2024 3,178 11,612 309,221 324,011
DEPRECIATION
At 1 January 2024 3,178 10,753 214,272 228,203
Charge for year - 216 48,605 48,821
Eliminated on disposal - - (33,746 ) (33,746 )
At 31 December 2024 3,178 10,969 229,131 243,278
NET BOOK VALUE
At 31 December 2024 - 643 80,090 80,733
At 31 December 2023 - 859 61,249 62,108

PUMPMASTER UK LTD (REGISTERED NUMBER: 02976473)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2024 95,129
Additions 67,750
Transfer to ownership (15,999 )
At 31 December 2024 146,880
DEPRECIATION
At 1 January 2024 42,068
Charge for year 36,721
Transfer to ownership (8,000 )
At 31 December 2024 70,789
NET BOOK VALUE
At 31 December 2024 76,091
At 31 December 2023 53,061

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 20,257 22,727
Other debtors 2,208 13,134
22,465 35,861

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 37,112 10,852
Trade creditors 29,857 23,319
Taxation and social security 60,216 77,151
Other creditors 15,350 15,190
142,535 126,512

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 22,371 35,361

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 16,147 14,906

PUMPMASTER UK LTD (REGISTERED NUMBER: 02976473)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2024 14,906
Accelerated capital allowances 1,241
Balance at 31 December 2024 16,147

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
Mr L G Wells and Mrs V J Buckley
Balance outstanding at start of year (23 ) 33,077
Amounts advanced - 25,500
Amounts repaid - (58,600 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (23 ) (23 )