Registered number
03712475
Plumb Excel Ltd
Filleted Accounts
31 July 2025
Plumb Excel Ltd
Company Information
Directors
G C Hampton
Mrs D J Hampton
S L G Hampton
Accountants
Anderson Griffin
Rotunda Buildings
Montpellier Exchange
Cheltenham
Glos
Registered office
25 Fernleigh Crescent
Up Hatherley
Cheltenham
Glos
Registered number
03712475
Plumb Excel Ltd
Registered number: 03712475
Balance Sheet
as at 31 July 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,790 1,210
Current assets
Stocks 1,000 1,000
Debtors 4 450 319
Cash at bank and in hand 83,832 73,199
85,282 74,518
Creditors: amounts falling due within one year 5 (45,089) (33,722)
Net current assets 40,193 40,796
Net assets 41,983 42,006
Capital and reserves
Called up share capital 53 53
Profit and loss account 41,930 41,953
Shareholders' funds 41,983 42,006
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
G C Hampton
Director
Approved by the board on 31 August 2025
Plumb Excel Ltd
Notes to the Accounts
for the year ended 31 July 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added 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 work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Motor vehicles over 4 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Plant and machinery Motor vehicles Total
£ £ £
Cost
At 1 August 2024 9,771 36,495 46,266
Additions 1,582 - 1,582
At 31 July 2025 11,353 36,495 47,848
Depreciation
At 1 August 2024 8,561 36,495 45,056
Charge for the year 1,002 - 1,002
At 31 July 2025 9,563 36,495 46,058
Net book value
At 31 July 2025 1,790 - 1,790
At 31 July 2024 1,210 - 1,210
4 Debtors 2025 2024
£ £
Trade debtors 450 319
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 17,774 13,417
Taxation and social security costs 22,613 15,912
Other creditors 4,702 4,393
45,089 33,722
6 Controlling party
The company is controlled by the directors.
7 Other information
Plumb Excel Ltd is a private company limited by shares and incorporated in England. Its registered office is:
25 Fernleigh Crescent
Up Hatherley
Cheltenham
Glos
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