Company Registration No. 07001584 (England and Wales)
Talbot (Plumbing & Heating) Limited
Unaudited accounts
for the year ended 30 November 2024
Talbot (Plumbing & Heating) Limited
Unaudited accounts
Contents
Talbot (Plumbing & Heating) Limited
Company Information
for the year ended 30 November 2024
Directors
Abigail Lord
David Lord
Company Number
07001584 (England and Wales)
Registered Office
Barn Cottage
West Orchard
Shaftesbury
Dorset
SP7 0LJ
Accountants
Andrew Donaldson
17 Lake Walk
Adderbury
Banbury
Oxon
OX17 3PF
Talbot (Plumbing & Heating) Limited
Statement of financial position
as at 30 November 2024
Tangible assets
12,222
16,295
Cash at bank and in hand
3,703
1,381
Creditors: amounts falling due within one year
(24,282)
(21,983)
Net current liabilities
(12,638)
(15,201)
Total assets less current liabilities
(416)
1,094
Creditors: amounts falling due after more than one year
(10,156)
(16,524)
Net liabilities
(10,572)
(15,430)
Called up share capital
2
2
Profit and loss account
(10,574)
(15,432)
Shareholders' funds
(10,572)
(15,430)
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 13 August 2025 and were signed on its behalf by
David Lord
Director
Company Registration No. 07001584
Talbot (Plumbing & Heating) Limited
Notes to the Accounts
for the year ended 30 November 2024
Talbot (Plumbing & Heating) Limited is a private company, limited by shares, registered in England and Wales, registration number 07001584. The registered office is Barn Cottage, West Orchard, Shaftesbury, Dorset, SP7 0LJ.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
At 30 November 2024 the company had net liabilities of £11,902 and is reliant on the support of the directors. These accounts have been prepared on the going concern basis.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
10,308
30,999
1,873
43,180
At 30 November 2024
10,308
30,999
1,873
43,180
At 1 December 2023
8,078
16,984
1,823
26,885
Charge for the year
557
3,504
12
4,073
At 30 November 2024
8,635
20,488
1,835
30,958
At 30 November 2024
1,673
10,511
38
12,222
At 30 November 2023
2,230
14,015
50
16,295
Talbot (Plumbing & Heating) Limited
Notes to the Accounts
for the year ended 30 November 2024
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
10,511
14,015
Amounts falling due within one year
Accrued income and prepayments
532
822
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,456
2,456
Obligations under finance leases and hire purchase contracts
4,256
4,898
Trade creditors
2,374
1,894
Loans from directors
13,631
11,281
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
4,256
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).