ACCRA TAPS AND VALVES LTD

Company Registration Number:
14171230 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2025

Period of accounts

Start date: 1 July 2024

End date: 30 June 2025

ACCRA TAPS AND VALVES LTD

Contents of the Financial Statements

for the Period Ended 30 June 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

ACCRA TAPS AND VALVES LTD

Profit And Loss Account

for the Period Ended 30 June 2025

2025 2024


£

£
Turnover: 1,124,191 662,966
Cost of sales: ( 548,998 ) ( 319,947 )
Gross profit(or loss): 575,193 343,019
Distribution costs: ( 157,020 ) ( 90,429 )
Administrative expenses: ( 358,499 ) ( 219,508 )
Other operating income: 70,208 45,606
Operating profit(or loss): 129,882 78,688
Interest receivable and similar income: 1,380 1,172
Interest payable and similar charges: ( 8,607 ) ( 6,696 )
Profit(or loss) before tax: 122,655 73,164
Tax: ( 3,603 ) ( 2,956 )
Profit(or loss) for the financial year: 119,052 70,208

ACCRA TAPS AND VALVES LTD

Balance sheet

As at 30 June 2025

Notes 2025 2024


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 23,071 20,197
Tangible assets: 4 396,551 157,283
Total fixed assets: 419,622 177,480
Current assets
Stocks: 5 695,905 71,575
Debtors: 6 973,569 69,349
Cash at bank and in hand: 361,785 79,511
Total current assets: 2,031,259 220,435
Prepayments and accrued income: 70,208 45,605
Creditors: amounts falling due within one year: 7 ( 303,293 ) ( 45,102 )
Net current assets (liabilities): 1,798,174 220,938
Total assets less current liabilities: 2,217,796 398,418
Creditors: amounts falling due after more than one year: 8 ( 611,369 ) ( 101,678 )
Total net assets (liabilities): 1,606,427 296,740
Capital and reserves
Called up share capital: 1,487,375 226,532
Profit and loss account: 119,052 70,208
Total Shareholders' funds: 1,606,427 296,740

The notes form part of these financial statements

ACCRA TAPS AND VALVES LTD

Balance sheet statements

For the year ending 30 June 2025 the company was entitled to exemption 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.

This report was approved by the board of directors on 11 August 2025
and signed on behalf of the board by:

Name: Akisi Manoa
Status: Director

The notes form part of these financial statements

ACCRA TAPS AND VALVES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

ACCRA TAPS AND VALVES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 32 10

ACCRA TAPS AND VALVES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 July 2024 19,384 8,488 27,872
Additions 5,635 1,419 7,054
Disposals
Revaluations
Transfers
At 30 June 2025 25,019 9,907 34,926
Amortisation
At 1 July 2024 6,314 1,361 7,675
Charge for year 3,833 347 4,180
On disposals
Other adjustments
At 30 June 2025 10,147 1,708 11,855
Net book value
At 30 June 2025 14,872 8,199 23,071
At 30 June 2024 13,070 7,127 20,197

ACCRA TAPS AND VALVES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2024 28,587 80,783 23,333 47,988 9,922 190,613
Additions 39,414 97,681 31,998 66,200 13,123 248,416
Disposals
Revaluations
Transfers
At 30 June 2025 68,001 178,464 55,331 114,188 23,045 439,029
Depreciation
At 1 July 2024 3,248 21,094 2,524 5,034 1,430 33,330
Charge for year 868 6,879 343 856 202 9,148
On disposals
Other adjustments
At 30 June 2025 4,116 27,973 2,867 5,890 1,632 42,478
Net book value
At 30 June 2025 63,885 150,491 52,464 108,298 21,413 396,551
At 30 June 2024 25,339 59,689 20,809 42,954 8,492 157,283

ACCRA TAPS AND VALVES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

5. Stocks

2025 2024
£ £
Stocks 375,380 61,318
Payments on account 320,525 10,257
Total 695,905 71,575

ACCRA TAPS AND VALVES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

6. Debtors

2025 2024
£ £
Trade debtors 60,805 60,805
Prepayments and accrued income 60,285 2,261
Other debtors 852,479 6,283
Total 973,569 69,349

ACCRA TAPS AND VALVES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

7. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 31,960 2,237
Amounts due under finance leases and hire purchase contracts 32,547 3,946
Trade creditors 127,230 28,053
Taxation and social security 15,523 2,178
Accruals and deferred income 23,632 3,766
Other creditors 72,401 4,922
Total 303,293 45,102

ACCRA TAPS AND VALVES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

8. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Bank loans and overdrafts 354,904 60,285
Amounts due under finance leases and hire purchase contracts 83,990 15,333
Other creditors 172,475 26,060
Total 611,369 101,678