Company Registration No. 12319127 (England and Wales)
LEGACY PIPEWORK LTD
Unaudited accounts
for the year ended 31 October 2024
LEGACY PIPEWORK LTD
Unaudited accounts
Contents
LEGACY PIPEWORK LTD
Company Information
for the year ended 31 October 2024
Company Number
12319127 (England and Wales)
Registered Office
61 HYTHE ROAD
BRIGHTON
BN1 6JR
UNITED KINGDOM
Accountants
KMG Accountancy Ltd
The Offices
57 Newtown Road
Hove
BN3 7BA
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of LEGACY PIPEWORK LTD for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
LEGACY PIPEWORK LTD for the year ended
31 October 2024 as set out on pages
5 -
7 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 icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
KMG Accountancy Ltd
Chartered Accountants
The Offices
57 Newtown Road
Hove
BN3 7BA
15 July 2025
LEGACY PIPEWORK LTD
Statement of financial position
as at 31 October 2024
Tangible assets
48,026
46,180
Cash at bank and in hand
91,906
63,895
Creditors: amounts falling due within one year
(104,211)
(110,600)
Net current assets
68,550
42,845
Total assets less current liabilities
116,576
89,025
Creditors: amounts falling due after more than one year
(53,271)
(71,005)
Called up share capital
2
2
Profit and loss account
63,303
18,018
Shareholders' funds
63,305
18,020
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 July 2025 and were signed on its behalf by
Benjamin Thibaut
Director
Company Registration No. 12319127
LEGACY PIPEWORK LTD
Notes to the Accounts
for the year ended 31 October 2024
LEGACY PIPEWORK LTD is a private company, limited by shares, registered in England and Wales, registration number 12319127. The registered office is 61 HYTHE ROAD, BRIGHTON, BN1 6JR, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2023
577
60,712
-
1,141
62,430
Additions
-
16,495
921
-
17,416
At 31 October 2024
577
77,207
921
1,141
79,846
At 1 November 2023
565
14,824
-
861
16,250
Charge for the year
121
15,178
125
146
15,570
At 31 October 2024
686
30,002
125
1,007
31,820
At 31 October 2024
(109)
47,205
796
134
48,026
At 31 October 2023
12
45,888
-
280
46,180
LEGACY PIPEWORK LTD
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Trade debtors
69,965
33,725
Accrued income and prepayments
2,341
54,534
Other debtors
15,555
(561)
Amounts falling due after more than one year
Other debtors
(7,006)
1,852
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,662
19,790
Obligations under finance leases and hire purchase contracts
11,865
-
Trade creditors
57,422
23,902
Taxes and social security
13,884
3,357
Other creditors
13,528
1,719
Loans from directors
-
60,982
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
15,597
26,275
Other creditors
6,200
7,700
8
Average number of employees
During the year the average number of employees was 4 (2023: 3).