Company Registration No. 07733395 (England and Wales)
No Limit Plumbing Ltd
Unaudited accounts
for the year ended 31 August 2024
No Limit Plumbing Ltd
Unaudited accounts
Contents
No Limit Plumbing Ltd
Company Information
for the year ended 31 August 2024
Directors
Marsiana Kola
Agustin Kola
Company Number
07733395 (England and Wales)
Registered Office
187 Monks Park
Wembley
Middlesex
HA9 6LA
England
Accountants
Capital Talks LLP
Accountants & Tax consultants
310D - EW Sterling House
Langston Road
Loughton
IG10 3TS
No Limit Plumbing Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
23,967
5,650
Cash at bank and in hand
24,403
54,813
Creditors: amounts falling due within one year
(30,471)
(28,005)
Net current assets
181,952
204,991
Net assets
205,919
210,641
Called up share capital
100
100
Profit and loss account
205,819
210,541
Shareholders' funds
205,919
210,641
For the year ending 31 August 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 24 May 2025 and were signed on its behalf by
Agustin Kola
Director
Company Registration No. 07733395
No Limit Plumbing Ltd
Notes to the Accounts
for the year ended 31 August 2024
No Limit Plumbing Ltd is a private company, limited by shares, registered in England and Wales, registration number 07733395. The registered office is 187 Monks Park, Wembley, Middlesex, HA9 6LA, England.
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:
Plant & machinery
20% on cost.
Motor vehicles
20% on cost.
Fixtures & fittings
20% on cost.
Computer equipment
20% on cost.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
-
59,175
6,780
1,124
67,079
Additions
22,222
-
274
-
22,496
At 31 August 2024
22,222
59,175
7,054
1,124
89,575
At 1 September 2023
-
59,175
1,130
1,124
61,429
Charge for the year
2,778
-
1,401
-
4,179
At 31 August 2024
2,778
59,175
2,531
1,124
65,608
At 31 August 2024
19,444
-
4,523
-
23,967
At 31 August 2023
-
-
5,650
-
5,650
No Limit Plumbing Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
62,780
58,258
Other debtors
117,194
116,062
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
7,558
21,293
Taxes and social security
67,454
66,395
Loans from directors
(46,977)
(62,933)
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to Director
30,000
23,000
30,000
23,000
Loan to Director
32,932
23,976
32,932
23,976
62,932
46,976
62,932
46,976
The loans are unsecured and subject to interest at the H M Revenue & Customs rate for beneficial loans. The loan will repaid in full on 30 April 2025.
The directors control the company as a result of controlling directly 100% of the issued share capital.
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).