Company registration number 08674199 (England and Wales)
BSURE PLUMBING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
BSURE PLUMBING LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
BSURE PLUMBING LIMITED (REGISTERED NUMBER: 08674199)
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
2,347
3,744
Current assets
Debtors
4
250,429
197,074
Cash at bank and in hand
1,259
1,259
251,688
198,333
Creditors: amounts falling due within one year
5
(390,826)
(353,212)
Net current liabilities
(139,138)
(154,879)
Total assets less current liabilities
(136,791)
(151,135)
Creditors: amounts falling due after more than one year
6
(6,684)
(16,709)
Net liabilities
(143,475)
(167,844)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(143,575)
(167,944)
Total equity
(143,475)
(167,844)
BSURE PLUMBING LIMITED (REGISTERED NUMBER: 08674199)
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2024
30 September 2024
- 2 -

For the financial year ended 30 September 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 13 June 2025 and are signed on its behalf by:
Mr B C Martyn
Director
BSURE PLUMBING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 3 -
1
Accounting policies
Company information

BSure Plumbing Limited is a private company limited by shares incorporated in England and Wales. The registered office is 10 Upper Grosvenor Road, Tunbridge Wells, England, TN1 2EP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The directors and the shareholders have confirmed their intention to continue to provide the company with the necessary financial support to continue for the forseeable future. Consequently, the financial statements have been prepared on a Going Concern basis.

1.3
Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
25% on reducing balance
Computer equipment
33% on cost
Motor vehicles
25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

BSURE PLUMBING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1
Accounting policies
(Continued)
- 4 -
1.6
Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

 

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
4
4
3
Tangible fixed assets
Plant and machinery
Computer equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 October 2023
18,798
7,208
21,729
47,735
Additions
258
-
0
-
0
258
Disposals
(783)
(6,740)
(6,249)
(13,772)
At 30 September 2024
18,273
468
15,480
34,221
Depreciation and impairment
At 1 October 2023
17,290
6,603
20,098
43,991
Depreciation charged in the year
385
156
291
832
Eliminated in respect of disposals
(643)
(6,526)
(5,780)
(12,949)
At 30 September 2024
17,032
233
14,609
31,874
Carrying amount
At 30 September 2024
1,241
235
871
2,347
At 30 September 2023
1,508
605
1,631
3,744
BSURE PLUMBING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 5 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
108,098
106,538
Other debtors
142,331
90,536
250,429
197,074
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
49,098
30,798
Trade creditors
48,712
53,613
Amounts owed to group undertakings
20,000
-
0
Taxation and social security
197,537
198,410
Other creditors
75,479
70,391
390,826
353,212
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
6,684
16,709
7
Financial commitments, guarantees and contingent liabilities

In 2020, the company borrowed £50,000 from its bankers for a Bounce Back Loan. As part of this loan scheme, the UK government has guaranteed the advance and has paid the interest and fees due for the first 12 months. The balance outstanding as at 30 September 2024 was £17,867.

8
Related party transactions

The company has taken advantage of the exemption within FRS 102 from the requirement to disclose transactions entered into between two or more members of a group provided that any subsidiary which is party to the transactions is wholly owned by such a member.true

9
Directors' transactions

As at the balance sheet date, the company was owed £40,315 by a director (2023: £43,070). This balance is included in other debtors. Interest is charged on the loan and it is repayable on demand.

BSURE PLUMBING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 6 -
10
Parent company

BSure Holdings Ltd is regarded by the directors as the company's ultimate controlling party. BSure Holdings Ltd do not prepare consolidated accounts.

2024-09-302023-10-01falsefalsefalse13 June 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityMr B C MartynMr J Fowler086741992023-10-012024-09-30086741992024-09-30086741992023-09-3008674199core:PlantMachinery2024-09-3008674199core:ComputerEquipment2024-09-3008674199core:MotorVehicles2024-09-3008674199core:PlantMachinery2023-09-3008674199core:ComputerEquipment2023-09-3008674199core:MotorVehicles2023-09-3008674199core:CurrentFinancialInstrumentscore:WithinOneYear2024-09-3008674199core:CurrentFinancialInstrumentscore:WithinOneYear2023-09-3008674199core:CurrentFinancialInstruments2024-09-3008674199core:CurrentFinancialInstruments2023-09-3008674199core:Non-currentFinancialInstruments2024-09-3008674199core:Non-currentFinancialInstruments2023-09-3008674199core:ShareCapital2024-09-3008674199core:ShareCapital2023-09-3008674199core:RetainedEarningsAccumulatedLosses2024-09-3008674199core:RetainedEarningsAccumulatedLosses2023-09-3008674199bus:Director12023-10-012024-09-3008674199core:PlantMachinery2023-10-012024-09-3008674199core:ComputerEquipment2023-10-012024-09-3008674199core:MotorVehicles2023-10-012024-09-30086741992022-10-012023-09-3008674199core:PlantMachinery2023-09-3008674199core:ComputerEquipment2023-09-3008674199core:MotorVehicles2023-09-30086741992023-09-3008674199core:WithinOneYear2024-09-3008674199core:WithinOneYear2023-09-3008674199bus:PrivateLimitedCompanyLtd2023-10-012024-09-3008674199bus:SmallCompaniesRegimeForAccounts2023-10-012024-09-3008674199bus:FRS1022023-10-012024-09-3008674199bus:AuditExemptWithAccountantsReport2023-10-012024-09-3008674199bus:Director22023-10-012024-09-3008674199bus:FullAccounts2023-10-012024-09-30xbrli:purexbrli:sharesiso4217:GBP