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REGISTERED NUMBER: 07377436 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Shaun George (Plumbing & Heating) Ltd

Shaun George (Plumbing & Heating) Ltd (Registered number: 07377436)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Shaun George (Plumbing & Heating) Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mrs P A George
B S George





REGISTERED OFFICE: 24 Rhosmaen Street
Llandeilo
Dyfed
SA19 6LW





REGISTERED NUMBER: 07377436 (England and Wales)





ACCOUNTANTS: Cambrian & Co Ltd
13A Victoria Gardens
Neath
West Glamorgan
SA11 3AY

Shaun George (Plumbing & Heating) Ltd (Registered number: 07377436)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,607 10,792

CURRENT ASSETS
Stocks 10,270 7,985
Debtors 5 3,246 10,390
Cash at bank 13,208 7,396
26,724 25,771
CREDITORS
Amounts falling due within one year 6 11,034 8,361
NET CURRENT ASSETS 15,690 17,410
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,297

28,202

PROVISIONS FOR LIABILITIES 2,152 2,050
NET ASSETS 22,145 26,152

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 22,141 26,148
22,145 26,152

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Shaun George (Plumbing & Heating) Ltd (Registered number: 07377436)

Balance Sheet - continued
30 September 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 24 June 2025 and were signed on its behalf by:





B S George - Director


Shaun George (Plumbing & Heating) Ltd (Registered number: 07377436)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Shaun George (Plumbing & Heating) Ltd 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.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Shaun George (Plumbing & Heating) Ltd (Registered number: 07377436)

Notes to the Financial Statements - continued
for the Year Ended 30 September 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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 37,205
DEPRECIATION
At 1 October 2023 26,413
Charge for year 2,185
At 30 September 2024 28,598
NET BOOK VALUE
At 30 September 2024 8,607
At 30 September 2023 10,792

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 3,246 10,390

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 2,552 3,601
Tax 1,356 50
Social security and other taxes 60 (440 )
VAT 1,136 280
Other creditors - 38
Directors' current accounts 2,137 2,189
Accrued expenses 3,793 2,643
11,034 8,361

Shaun George (Plumbing & Heating) Ltd (Registered number: 07377436)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors operated a loan account with the company, the balance of which is separately disclosed in the notes to these accounts. No interest is charged on the loan, which is repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The controlling party is the George family.