IRIS Accounts Production v25.1.3.33 12661090 Board of Directors Board of Directors Board of Directors 1.10.23 30.9.24 30.9.24 16.4.2025 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh126610902023-09-30126610902024-09-30126610902023-10-012024-09-30126610902022-09-30126610902022-10-012023-09-30126610902023-09-3012661090ns15:EnglandWales2023-10-012024-09-3012661090ns14:PoundSterling2023-10-012024-09-3012661090ns10:Director12023-10-012024-09-3012661090ns10:Director22023-10-012024-09-3012661090ns10:Director32023-10-012024-09-3012661090ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3012661090ns10:SmallEntities2023-10-012024-09-3012661090ns10:Audited2023-10-012024-09-3012661090ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3012661090ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3012661090ns10:FullAccounts2023-10-012024-09-3012661090ns10:Director42023-10-012024-09-3012661090ns10:RegisteredOffice2023-10-012024-09-3012661090ns5:CurrentFinancialInstruments2024-09-3012661090ns5:CurrentFinancialInstruments2023-09-3012661090ns5:ShareCapital2024-09-3012661090ns5:ShareCapital2023-09-3012661090ns5:RetainedEarningsAccumulatedLosses2024-09-3012661090ns5:RetainedEarningsAccumulatedLosses2023-09-3012661090ns5:PlantMachinery2023-10-012024-09-3012661090ns5:MotorVehicles2023-10-012024-09-3012661090ns5:ComputerEquipment2023-10-012024-09-3012661090ns5:PlantMachinery2023-09-3012661090ns5:MotorVehicles2023-09-3012661090ns5:ComputerEquipment2023-09-3012661090ns5:PlantMachinery2024-09-3012661090ns5:MotorVehicles2024-09-3012661090ns5:ComputerEquipment2024-09-3012661090ns5:PlantMachinery2023-09-3012661090ns5:MotorVehicles2023-09-3012661090ns5:ComputerEquipment2023-09-3012661090ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3012661090ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: 12661090 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

LOGICAL PLUMBING SOLUTIONS LIMITED

LOGICAL PLUMBING SOLUTIONS LIMITED (REGISTERED NUMBER: 12661090)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LOGICAL PLUMBING SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTORS: D Barker
Mrs C Barker
A Horton
K Bradley





REGISTERED OFFICE: Grove Barn
11 Silica Court
Kirk Sandall
Doncaster
South Yorkshire
DN3 1EG





REGISTERED NUMBER: 12661090 (England and Wales)





AUDITORS: Leesing Marrison Lee & Co
Chartered Certified Accountants
Register Auditor
46 Main Street
Mexborough
South Yorkshire
S64 9DU

LOGICAL PLUMBING SOLUTIONS LIMITED (REGISTERED NUMBER: 12661090)

BALANCE SHEET
30TH SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 52,698 54,920

CURRENT ASSETS
Stocks 8,534 11,170
Debtors 5 791,286 718,291
Cash at bank 398,289 36,001
1,198,109 765,462
CREDITORS
Amounts falling due within one year 6 799,762 571,928
NET CURRENT ASSETS 398,347 193,534
TOTAL ASSETS LESS CURRENT
LIABILITIES

451,045

248,454

PROVISIONS FOR LIABILITIES 13,175 13,730
NET ASSETS 437,870 234,724

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 436,870 233,724
437,870 234,724

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 16th April 2025 and were signed on its behalf by:




D Barker - Director A Horton - Director




K Bradley - Director


LOGICAL PLUMBING SOLUTIONS LIMITED (REGISTERED NUMBER: 12661090)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

1. STATUTORY INFORMATION

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

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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.

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 18 (2023 - 15 ) .

LOGICAL PLUMBING SOLUTIONS LIMITED (REGISTERED NUMBER: 12661090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st October 2023 5,571 73,425 3,798 82,794
Additions 495 14,995 - 15,490
At 30th September 2024 6,066 88,420 3,798 98,284
DEPRECIATION
At 1st October 2023 2,496 22,955 2,423 27,874
Charge for year 892 16,366 454 17,712
At 30th September 2024 3,388 39,321 2,877 45,586
NET BOOK VALUE
At 30th September 2024 2,678 49,099 921 52,698
At 30th September 2023 3,075 50,470 1,375 54,920

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 509,776 470,736
Other debtors 281,510 247,555
791,286 718,291

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts - 10,122
Trade creditors 491,093 433,844
Amounts owed to group undertakings 60,000 -
Taxation and social security 156,171 116,589
Other creditors 92,498 11,373
799,762 571,928

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Robert Tippett (Senior Statutory Auditor)
for and on behalf of Leesing Marrison Lee & Co

8. RELATED PARTY DISCLOSURES

The directors are interested as directors in Albemarle Homes Limited and Albemarle Portfolio Limited.

During the year, the company made sales of £716,784 (2023: £564,159) to Albemarle Homes Limited. There is a balance of £119,150 (2023: £109,321) due from Albemarle Homes Limited at the balance sheet date included in Trade Debtors. The company also made purchases of £31,642 (2023: £33,285) from Albemarle Homes Limited. There is a balance of £1,688 (2023: £4,315) due to Albemarle Homes Limited at the balance sheet date included in Trade Creditors.

During the year, the company made sales of £2,012 (2023: £1,700) to Albemarle Portfolio Limited.