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REGISTERED NUMBER: 09661988 (England and Wales)















Clear Choice Plumbing And Heating Ltd

Unaudited Financial Statements

for the Year Ended 28 June 2024






Clear Choice Plumbing And Heating Ltd (Registered number: 09661988)






Contents of the Financial Statements
for the Year Ended 28 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Clear Choice Plumbing And Heating Ltd

Company Information
for the Year Ended 28 June 2024







DIRECTOR: J E J Davies





REGISTERED OFFICE: 126 Marlborough Road
Cardiff
CF23 5BY





REGISTERED NUMBER: 09661988 (England and Wales)





ACCOUNTANTS: Xeinadin South Wales & West Limited
Accountants & Business Advisors
Suite 2d,
Building 1 Eastern Business Park
St Mellons
Cardiff
CF3 5EA

Clear Choice Plumbing And Heating Ltd (Registered number: 09661988)

Balance Sheet
28 June 2024

28.6.24 28.6.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 15,124 17,742

CURRENT ASSETS
Stocks 85,000 85,000
Debtors 5 121,327 187,840
Cash at bank and in hand 9,672 57,708
215,999 330,548
CREDITORS
Amounts falling due within one year 6 174,056 305,424
NET CURRENT ASSETS 41,943 25,124
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,067

42,866

CREDITORS
Amounts falling due after more than one year 7 (7,918 ) (15,906 )

PROVISIONS FOR LIABILITIES 8 (3,479 ) (4,436 )
NET ASSETS 45,670 22,524

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 45,570 22,424
45,670 22,524

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 27 June 2025 and were signed by:





J E J Davies - Director


Clear Choice Plumbing And Heating Ltd (Registered number: 09661988)

Notes to the Financial Statements
for the Year Ended 28 June 2024

1. STATUTORY INFORMATION

Clear Choice Plumbing And 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 the work performed to date to the estimated contract costs.

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 - 25% on reducing balance
Motor vehicles - 25% 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.

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 5 (2023 - 4 ) .

Clear Choice Plumbing And Heating Ltd (Registered number: 09661988)

Notes to the Financial Statements - continued
for the Year Ended 28 June 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 29 June 2023 2,247 30,890 33,137
Additions 2,128 - 2,128
At 28 June 2024 4,375 30,890 35,265
DEPRECIATION
At 29 June 2023 918 14,477 15,395
Charge for year 642 4,104 4,746
At 28 June 2024 1,560 18,581 20,141
NET BOOK VALUE
At 28 June 2024 2,815 12,309 15,124
At 28 June 2023 1,329 16,413 17,742

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.6.24 28.6.23
£    £   
Trade debtors 10,000 144,295
Other debtors 111,327 43,545
121,327 187,840

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.6.24 28.6.23
£    £   
Bank loans and overdrafts 8,000 8,011
Trade creditors 12,060 18,306
Taxation and social security 32,939 59,363
Other creditors 121,057 219,744
174,056 305,424

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.6.24 28.6.23
£    £   
Bank loans 7,918 15,906

8. PROVISIONS FOR LIABILITIES
28.6.24 28.6.23
£    £   
Deferred tax 3,479 4,436

Deferred
tax
£   
Balance at 29 June 2023 4,436
Credit to Income Statement during year (957 )
Balance at 28 June 2024 3,479

Clear Choice Plumbing And Heating Ltd (Registered number: 09661988)

Notes to the Financial Statements - continued
for the Year Ended 28 June 2024

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 June 2024 and 28 June 2023:

28.6.24 28.6.23
£    £   
J E J Davies
Balance outstanding at start of year 6,600 11,503
Amounts advanced 75,930 50,075
Amounts repaid (10,886 ) (54,978 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 71,644 6,600

The balance is repayable on demand. Interest has been charged at 2.25%.