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REGISTERED NUMBER: 07249597 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 December 2024

for

North Bristol Plumbing Supplies Limited

North Bristol Plumbing Supplies Limited (Registered number: 07249597)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


North Bristol Plumbing Supplies Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr J R Bateman
Mrs C Blackburn





SECRETARY: Mrs C Blackburn





REGISTERED OFFICE: Gloucester Road
Woodhouse Down
Almondsbury
Bristol
South Glos
BS32 4HY





REGISTERED NUMBER: 07249597 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

North Bristol Plumbing Supplies Limited (Registered number: 07249597)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 1,778 3,111
Tangible assets 5 166,350 147,762
Investments 6 1,300 1,300
169,428 152,173

CURRENT ASSETS
Stocks 98,321 163,340
Debtors 7 26,099 79,804
Cash at bank and in hand 112,479 151,437
236,899 394,581
CREDITORS
Amounts falling due within one year 8 380,781 352,410
NET CURRENT (LIABILITIES)/ASSETS (143,882 ) 42,171
TOTAL ASSETS LESS CURRENT LIABILITIES 25,546 194,344

PROVISIONS FOR LIABILITIES 6,572 12,542
NET ASSETS 18,974 181,802

CAPITAL AND RESERVES
Called up share capital 9 200 200
Retained earnings 10 18,774 181,602
SHAREHOLDERS' FUNDS 18,974 181,802

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.

North Bristol Plumbing Supplies Limited (Registered number: 07249597)

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 29 May 2025 and were signed on its behalf by:





Mr J R Bateman - Director


North Bristol Plumbing Supplies Limited (Registered number: 07249597)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

North Bristol Plumbing Supplies 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Website development is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33.33% 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

North Bristol Plumbing Supplies Limited (Registered number: 07249597)

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 11 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024
and 31 December 2024 17,654
AMORTISATION
At 1 January 2024 14,543
Charge for year 1,333
At 31 December 2024 15,876
NET BOOK VALUE
At 31 December 2024 1,778
At 31 December 2023 3,111

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2024 134,634 124,043 2,723
Additions 37,243 - 1,022
Disposals (1,155 ) - -
At 31 December 2024 170,722 124,043 3,745
DEPRECIATION
At 1 January 2024 48,269 73,408 735
Charge for year 3,964 12,658 659
At 31 December 2024 52,233 86,066 1,394
NET BOOK VALUE
At 31 December 2024 118,489 37,977 2,351
At 31 December 2023 86,365 50,635 1,988

North Bristol Plumbing Supplies Limited (Registered number: 07249597)

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

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 16,434 26,616 304,450
Additions - 3,983 42,248
Disposals - - (1,155 )
At 31 December 2024 16,434 30,599 345,543
DEPRECIATION
At 1 January 2024 14,789 19,487 156,688
Charge for year 411 4,813 22,505
At 31 December 2024 15,200 24,300 179,193
NET BOOK VALUE
At 31 December 2024 1,234 6,299 166,350
At 31 December 2023 1,645 7,129 147,762

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2024
and 31 December 2024 1,300
NET BOOK VALUE
At 31 December 2024 1,300
At 31 December 2023 1,300

Fixed asset investments are held at their original cost.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 20,720 19,888
Accrued income - 55,000
Prepayments 5,379 4,916
26,099 79,804

North Bristol Plumbing Supplies Limited (Registered number: 07249597)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts - 6
Trade creditors 221,270 269,459
Amounts owed to group undertakings 109,752 32,320
Tax (20 ) 16,422
Social security and other taxes 6,320 7,959
VAT 33,040 13,824
Other creditors 7,059 5,536
Directors' current accounts - 3,054
Accrued expenses 3,360 3,830
380,781 352,410

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
20 Ordinary £1 20 20
160 Ordinary A £1 160 160
20 Ordinary B £1 20 20
200 200

10. RESERVES
Retained
earnings
£   

At 1 January 2024 181,602
Deficit for the year (102,594 )
Dividends (60,234 )
At 31 December 2024 18,774