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REGISTERED NUMBER: 11787804 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Knight and Leach Plumbing Limited

Knight and Leach Plumbing Limited (Registered number: 11787804)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Knight and Leach Plumbing Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: P C Knight
G W Leach





REGISTERED OFFICE: Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST





REGISTERED NUMBER: 11787804 (England and Wales)





ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST

Knight and Leach Plumbing Limited (Registered number: 11787804)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 86,666 60,663

CURRENT ASSETS
Stocks 10,864 29,981
Debtors 5 74,414 177,286
Cash at bank 946,815 394,047
1,032,093 601,314
CREDITORS
Amounts falling due within one year 6 424,113 273,359
NET CURRENT ASSETS 607,980 327,955
TOTAL ASSETS LESS CURRENT
LIABILITIES

694,646

388,618

CREDITORS
Amounts falling due after more than one
year

7

(1,530

)

(10,855

)

PROVISIONS FOR LIABILITIES (21,666 ) (11,333 )
NET ASSETS 671,450 366,430

Knight and Leach Plumbing Limited (Registered number: 11787804)

Balance Sheet - continued
31 January 2025

31.1.25 31.1.24
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 671,448 366,428
SHAREHOLDERS' FUNDS 671,450 366,430

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 16 May 2025 and were signed on its behalf by:




P C Knight - Director



G W Leach - Director


Knight and Leach Plumbing Limited (Registered number: 11787804)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Knight and Leach Plumbing Limited 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.

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 represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 25% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


Knight and Leach Plumbing Limited (Registered number: 11787804)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

2. ACCOUNTING POLICIES - continued
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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 12 (2024 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2024 123,525
Additions 54,890
At 31 January 2025 178,415
DEPRECIATION
At 1 February 2024 62,862
Charge for year 28,887
At 31 January 2025 91,749
NET BOOK VALUE
At 31 January 2025 86,666
At 31 January 2024 60,663

Knight and Leach Plumbing Limited (Registered number: 11787804)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 7,730 139,797
Amounts owed by associates - 14,631
Other debtors 66,684 22,858
74,414 177,286

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans and overdrafts 9,960 9,960
Hire purchase contracts - 1,249
Trade creditors 230,430 205,924
Taxation and social security 174,194 51,421
Other creditors 9,529 4,805
424,113 273,359

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.25 31.1.24
£    £   
Bank loans 1,530 10,855

Knight and Leach Plumbing Limited (Registered number: 11787804)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company entered into the following transactions with the directors:

P Knight20252024

Dividends paid109,00088,000

Capital introduced-782

Capital withdrawn447-

At the year end the amount due to the director was £339 (2024 - £786)


G Leach20252024

Dividends paid109,00088,000

Capital introduced5,144-

Capital withdrawn-279

At the year end the amounts due to the director was £5,210 (2024 - £66)