Company Registration No. 13081648 (England and Wales)
East Norfolk Pipework Ltd
Unaudited accounts
for the year ended 31 December 2024
East Norfolk Pipework Ltd
Unaudited accounts
Contents
East Norfolk Pipework Ltd
Company Information
for the year ended 31 December 2024
Directors
Terence Edward Pygall
Eduardo Abraao Da Silva Pereira
Company Number
13081648 (England and Wales)
Registered Office
17-19 ST. GEORGES STREET
NORWICH
NR3 1AB
ENGLAND
Accountants
Together Accounting Limited
17-19 St Georges Street
Norwich
Norfolk
NR3 1AB
East Norfolk Pipework Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
16,534
21,051
Cash at bank and in hand
15,576
3,588
Creditors: amounts falling due within one year
(63,554)
(26,784)
Net current assets
57,757
14,043
Total assets less current liabilities
74,291
35,094
Creditors: amounts falling due after more than one year
(94)
(4,395)
Provisions for liabilities
Deferred tax
(3,141)
(3,999)
Called up share capital
2
2
Profit and loss account
71,054
26,698
Shareholders' funds
71,056
26,700
For the year ending 31 December 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 11 August 2025 and were signed on its behalf by
Terence Edward Pygall
Director
Company Registration No. 13081648
East Norfolk Pipework Ltd
Notes to the Accounts
for the year ended 31 December 2024
East Norfolk Pipework Ltd is a private company, limited by shares, registered in England and Wales, registration number 13081648. The registered office is 17-19 ST. GEORGES STREET, NORWICH, NR3 1AB, ENGLAND.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
East Norfolk Pipework Ltd
Notes to the Accounts
for the year ended 31 December 2024
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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 January 2024
20,382
20,490
-
1,164
42,036
Additions
137
-
640
275
1,052
At 31 December 2024
20,519
20,490
640
1,439
43,088
At 1 January 2024
9,198
11,365
-
422
20,985
Charge for the year
2,799
2,281
40
449
5,569
At 31 December 2024
11,997
13,646
40
871
26,554
At 31 December 2024
8,522
6,844
600
568
16,534
At 31 December 2023
11,184
9,125
-
742
21,051
Amounts falling due within one year
Trade debtors
27,019
10,817
Other debtors
65,916
26,422
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,566
-
Obligations under finance leases and hire purchase contracts
5,945
7,489
Trade creditors
34,006
9,354
Taxes and social security
11,724
8,582
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
94
4,395
East Norfolk Pipework Ltd
Notes to the Accounts
for the year ended 31 December 2024
Allotted, called up and fully paid:
1 Ordinary C shares of £1 each
1
1
1 Ordinary B shares of £1 each
1
1
As at 31 12 2024 the directors owed the company £65,916 (2022: £26,423). The loan is included in other debtors due within one year in note 5 to the financial statements and is repayable on demand.
10
Average number of employees
During the year the average number of employees was 3 (2023: 2).