A Richardson Plumbing & Building Limited 30/09/2024 iXBRL

Company registration number: 12895248

A RICHARDSON PLUMBING & BUILDING LIMITED

30 September 2024

HEYWOODS

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

A RICHARDSON PLUMBING & BUILDING LIMITED

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

A RICHARDSON PLUMBING & BUILDING LIMITED

DIRECTORS AND OTHER INFORMATION


	Director	Mr A T Richardson


	Company number	12895248


	Registered office	Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB


	Business address	The Granary
		Alderton Hall
		Alderton
		Shrewsbury
		SY4 1AW


	Accountants	Heywoods
		Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB

A RICHARDSON PLUMBING & BUILDING LIMITED

CHARTERED ACCOUNTANTS REPORT TO THE DIRECTOR ON THE PREPARATION OF THE

UNAUDITED STATUTORY FINANCIAL STATEMENTS OF A RICHARDSON PLUMBING & BUILDING LIMITED

YEAR ENDED 30TH SEPTEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A Richardson Plumbing & Building Limited for the year ended 30 September 2024 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the director of A Richardson Plumbing & Building Limited, as a body, in accordance with the terms of our engagement letter dated 11 November 2020. Our work has been undertaken solely to prepare for your approval the financial statements of A Richardson Plumbing & Building Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A Richardson Plumbing & Building Limited and its director as a body for our work or for this report.

It is your duty to ensure that A Richardson Plumbing & Building Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A Richardson Plumbing & Building Limited. You consider that A Richardson Plumbing & Building Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A Richardson Plumbing & Building Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Heywoods

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

19 June 2025

A RICHARDSON PLUMBING & BUILDING LIMITED

STATEMENT OF FINANCIAL POSITION

30TH SEPTEMBER 2024

		2024		2023
	Note	£	£	£	£

Fixed assets
Intangible assets	5	799		-
Tangible assets	6	387,959		392,105
		_______		_______
			388,758		392,105

Current assets
Stocks		67,140		81,653
Debtors	7	346,493		194,492
Cash at bank and in hand		40,092		96,082
		_______		_______
		453,725		372,227
Creditors: amounts falling due
within one year	8	( 619,483)		( 576,172)
		_______		_______
Net current liabilities			( 165,758)		( 203,945)
			_______		_______
Total assets less current liabilities			223,000		188,160

Creditors: amounts falling due
after more than one year	9		( 23,295)		( 28,860)

Provisions for liabilities			( 96,990)		( 74,499)

			_______		_______
Net assets			102,715		84,801
			_______		_______

Capital and reserves
Called up share capital			2		2
Profit and loss account			102,713		84,799
			_______		_______
Shareholder funds			102,715		84,801
			_______		_______

For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 18 June 2025 , and are signed on behalf of the board by:

Mr A T Richardson

Director

Company registration number: 12895248

A RICHARDSON PLUMBING & BUILDING LIMITED

STATEMENT OF CHANGES IN EQUITY

YEAR ENDED 30TH SEPTEMBER 2024

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 October 2022	1	45,543	45,544

Profit for the year		79,256	79,256
	_______	_______	_______
Total comprehensive income for the year	-	79,256	79,256

Issue of shares	1		1
Dividends paid and payable		( 40,000)	( 40,000)
	_______	_______	_______
Total investments by and distributions to owners	1	( 40,000)	( 39,999)

	_______	_______	_______
At 30 September 2023 and 1 October 2023	2	84,795	84,797

Profit for the year		57,918	57,918
	_______	_______	_______
Total comprehensive income for the year	-	57,918	57,918

Dividends paid and payable		( 40,000)	( 40,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 40,000)	( 40,000)

	_______	_______	_______
At 30 September 2024	2	102,713	102,715
	_______	_______	_______

A RICHARDSON PLUMBING & BUILDING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30TH SEPTEMBER 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Countrywide House, Knights Way, Shrewsbury, Shropshire, SY1 3AB.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the value of the consideration received or receivable for services supplied, net of discounts and Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, over the useful economic life of that asset as follows:


Plant and machinery	-	15 %	reducing balance
Fittings fixtures and equipment	-	15 %	reducing balance
Motor vehicles	-	25 %	reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.

Construction contracts

Where the outcome of construction contracts can be reliably estimated, contract revenue and contract costs are recognised by reference to the stage of completion of the contract activity as at the period end.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2023: 8 ).

5. Intangible assets

	Other intangible assets	Total
	£	£
Cost
At 1 October 2023	-	-
Additions	799	799
	_______	_______
At 30 September 2024	799	799
	_______	_______
Amortisation
At 1 October 2023 and 30 September 2024	-	-
	_______	_______
Carrying amount
At 30 September 2024	799	799
	_______	_______
At 30 September 2023	-	-
	_______	_______

6. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 October 2023	285,300	4,402	234,298	524,000
Additions	52,307	2,105	37,525	91,937
Disposals	( 20,350)	-	( 3,506)	( 23,856)
	_______	_______	_______	_______
At 30 September 2024	317,257	6,507	268,317	592,081
	_______	_______	_______	_______
Depreciation
At 1 October 2023	67,630	921	63,345	131,896
Charge for the year	35,684	610	43,787	80,081
Disposals	( 6,198)	-	( 1,657)	( 7,855)
	_______	_______	_______	_______
At 30 September 2024	97,116	1,531	105,475	204,122
	_______	_______	_______	_______
Carrying amount
At 30 September 2024	220,141	4,976	162,842	387,959
	_______	_______	_______	_______
At 30 September 2023	217,670	3,481	170,953	392,104
	_______	_______	_______	_______

7. Debtors

	2024	2023
	£	£
Trade debtors	341,343	155,762
Other debtors	5,150	38,730
	_______	_______
	346,493	194,492
	_______	_______

8. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	20,956	32,968
Trade creditors	255,948	207,687
Corporation tax	17,532	-
Social security and other taxes	57,795	11,109
Other creditors	267,252	324,408
	_______	_______
	619,483	576,172
	_______	_______

9. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	23,295	28,860
	_______	_______

10. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2024
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr A T Richardson	( 274,786)	57,004	( 217,782)
		_______	_______	_______

2023
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr A T Richardson	( 309,509)	34,723	( 274,786)
		_______	_______	_______