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REGISTERED NUMBER: 04896265 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

John Walker (Plumbing) Limited

John Walker (Plumbing) Limited (Registered number: 04896265)

Contents of the Financial Statements
for the Year Ended 31 October 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


John Walker (Plumbing) Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: J Walker
Mrs H M Walker





REGISTERED OFFICE: Unit 5 Riverside Works
Hull Bridge Road
Beverley
East Yorkshire
HU17 9RT





REGISTERED NUMBER: 04896265 (England and Wales)





ACCOUNTANTS: Harris Lacey and Swain
Suite 1
The Riverside Building
Hessle
East Yorkshire
HU13 0DZ

John Walker (Plumbing) Limited (Registered number: 04896265)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 17,090 23,441
17,090 23,441

CURRENT ASSETS
Stocks 6 5,000 5,000
Debtors 7 63,553 95,954
Cash at bank 27,662 16,743
96,215 117,697
CREDITORS
Amounts falling due within one year 8 93,800 128,105
NET CURRENT ASSETS/(LIABILITIES) 2,415 (10,408 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,505

13,033

CREDITORS
Amounts falling due after more than one
year

9

(3,666

)

(6,656

)

PROVISIONS FOR LIABILITIES (4,273 ) (5,860 )
NET ASSETS 11,566 517

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 11,564 515
SHAREHOLDERS' FUNDS 11,566 517

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

John Walker (Plumbing) Limited (Registered number: 04896265)

Balance Sheet - continued
31 October 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 July 2025 and were signed on its behalf by:





J Walker - Director


John Walker (Plumbing) Limited (Registered number: 04896265)

Notes to the Financial Statements
for the Year Ended 31 October 2024


1. STATUTORY INFORMATION

John Walker (Plumbing) Limited 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.

Estimates and judgements
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors' best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

Revenue
Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts, and rebates allowed by the company and value added taxes.

The company recognises revenue when the significant risks and rewards of ownership have been transferred to the buyer; the company retains no continuing involvement or control over the goods; the amount of revenue can be measured reliably; it is probable that future economic benefits will flow to the entity and when the specific criteria relating to each of the company's sales channels have been met, as described below.

Rendering of Service - Plumbing
Revenue from plumbing services is recognised when the services are rendered, using the percentage of completion method based on the actual service provided as a proportion of the total services to be performed.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance and 20% on reducing balance
Computer equipment - 25% on reducing balance

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

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measure at their settlement value.

John Walker (Plumbing) Limited (Registered number: 04896265)

Notes to the Financial Statements - continued
for the Year Ended 31 October 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 8 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 45,000
AMORTISATION
At 1 November 2023
and 31 October 2024 45,000
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2023 1,615 57,415 1,685 60,715
Disposals - (10,495 ) - (10,495 )
At 31 October 2024 1,615 46,920 1,685 50,220
DEPRECIATION
At 1 November 2023 1,173 34,510 1,591 37,274
Charge for year 67 5,358 24 5,449
Eliminated on disposal - (9,593 ) - (9,593 )
At 31 October 2024 1,240 30,275 1,615 33,130
NET BOOK VALUE
At 31 October 2024 375 16,645 70 17,090
At 31 October 2023 442 22,905 94 23,441

6. STOCKS
2024 2023
£    £   
Stocks 5,000 5,000

John Walker (Plumbing) Limited (Registered number: 04896265)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 45,875 92,320
Other debtors 17,678 3,634
63,553 95,954

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,200 3,200
Trade creditors 43,645 95,292
Taxation and social security 38,233 22,143
Other creditors 8,722 7,470
93,800 128,105

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 3,666 6,656

10. RELATED PARTY DISCLOSURES



The company is jointly controlled by Mr J Walker and Mrs H M Walker who both hold 50% of the shares in the company.