Registered number
08956901
Dinsdale Plumbing & Heating Limited
Filleted Accounts
31 March 2025
Dinsdale Plumbing & Heating Limited
Registered number: 08956901
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 4 83,341 86,031
Current assets
Stocks 10,862 20,995
Debtors 5 222,343 225,481
Cash at bank and in hand 208,310 136,191
441,515 382,667
Creditors: amounts falling due within one year 6 (335,159) (247,864)
Net current assets 106,356 134,803
Total assets less current liabilities 189,697 220,834
Creditors: amounts falling due after more than one year 7 (45,956) (31,922)
Net assets 143,741 188,912
Capital and reserves
Called up share capital 5 5
Profit and loss account 143,736 188,907
Shareholders' funds 143,741 188,912
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Kevin Dinsdale
Director
Approved by the board on 13 June 2025
Dinsdale Plumbing & Heating Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles 25% reducing balance
Plant and machinery over 7 years
Fixtures, fittings, and equipment over 4 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 13 11
3 Intangible fixed assets £
Goodwill:
Cost
At 1 April 2024 8,000
At 31 March 2025 8,000
Amortisation
At 1 April 2024 8,000
At 31 March 2025 8,000
Net book value
At 31 March 2025 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2024 41,339 142,526 183,865
Additions 1,243 31,401 32,644
At 31 March 2025 42,582 173,927 216,509
Depreciation
At 1 April 2024 26,273 71,561 97,834
Charge for the year 5,055 30,279 35,334
At 31 March 2025 31,328 101,840 133,168
Net book value
At 31 March 2025 11,254 72,087 83,341
At 31 March 2024 15,066 70,965 86,031
5 Debtors 2025 2024
£ £
Trade debtors 31,494 34,741
Other debtors 190,849 190,740
222,343 225,481
6 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 4,839 5,534
Obligations under finance lease and hire purchase contracts 20,021 3,323
Trade creditors 178,011 138,752
Taxation and social security costs 47,414 55,584
Other creditors 84,874 44,671
335,159 247,864
7 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 20,161 25,000
Obligations under finance lease and hire purchase contracts 25,795 6,922
45,956 31,922
8 Other information
Dinsdale Plumbing & Heating Limited is a private company limited by shares and incorporated in England. Its registered office is:
1 Hutton Close
South Church Enterprise Park
Bishop Auckland
DL14 6XG
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