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REGISTERED NUMBER: 09056565 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st August 2024

for

Absolute Plumbing Heating & Solar
Limited

Absolute Plumbing Heating & Solar
Limited (Registered number: 09056565)






Contents of the Financial Statements
for the Year Ended 31st August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Absolute Plumbing Heating & Solar
Limited

Company Information
for the Year Ended 31st August 2024







DIRECTORS: R M Nurthen
D Woolford





SECRETARY: Mrs C R Nurthen





REGISTERED OFFICE: 1st Floor Romer House
132 Lewisham High Street
London
SE13 6EE





REGISTERED NUMBER: 09056565 (England and Wales)





ACCOUNTANTS: Daniels & Co (Accountants) Limited
Chartered Accountants
111a Station Road
West Wickham
Kent
BR4 0PX

Absolute Plumbing Heating & Solar
Limited (Registered number: 09056565)

Balance Sheet
31st August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 7,378 26,933

CURRENT ASSETS
Debtors 5 84,407 81,547
Cash at bank and in hand 53,176 48,405
137,583 129,952
CREDITORS
Amounts falling due within one year 6 99,763 79,774
NET CURRENT ASSETS 37,820 50,178
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,198

77,111

CREDITORS
Amounts falling due after more than one year 7 (22,616 ) (37,756 )

PROVISIONS FOR LIABILITIES (1,845 ) (6,822 )
NET ASSETS 20,737 32,533

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 20,637 32,433
20,737 32,533

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

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

Absolute Plumbing Heating & Solar
Limited (Registered number: 09056565)

Balance Sheet - continued
31st August 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 29th May 2025 and were signed on its behalf by:




D Woolford - Director



R M Nurthen - Director


Absolute Plumbing Heating & Solar
Limited (Registered number: 09056565)

Notes to the Financial Statements
for the Year Ended 31st August 2024

1. STATUTORY INFORMATION

Absolute Plumbing Heating & Solar 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 25% on cost

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.

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

Absolute Plumbing Heating & Solar
Limited (Registered number: 09056565)

Notes to the Financial Statements - continued
for the Year Ended 31st August 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 10 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st September 2023
and 31st August 2024 128,208
DEPRECIATION
At 1st September 2023 101,275
Charge for year 19,555
At 31st August 2024 120,830
NET BOOK VALUE
At 31st August 2024 7,378
At 31st August 2023 26,933

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1st September 2023
and 31st August 2024 27,545
DEPRECIATION
At 1st September 2023 13,772
Charge for year 6,886
At 31st August 2024 20,658
NET BOOK VALUE
At 31st August 2024 6,887
At 31st August 2023 13,773

Absolute Plumbing Heating & Solar
Limited (Registered number: 09056565)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 43,773 59,539
Amounts recoverable on contract 24,247 20,120
Other debtors 16,387 1,888
84,407 81,547

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 6,386 6,386
Trade creditors 20,009 17,185
Taxation and social security 69,782 53,633
Other creditors 3,586 2,570
99,763 79,774

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 19,247 27,500
Hire purchase contracts 3,369 10,256
22,616 37,756

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 19,247 27,500