Registration number: 07941699

Allen Plumbing and Heating Services Limited

Contents

Balance Sheet	1 to 2
Notes to the Financial Statements	3 to 8

Allen Plumbing and Heating Services Limited

(Registration number: 07941699)
Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	36,414	15,846
Current assets
Stocks	5	15,000	-
Debtors	6	17,978	18,886
Cash at bank and in hand		4,786	11,677
		37,764	30,563
Creditors: Amounts falling due within one year	7	(41,809)	(29,504)
Net current (liabilities)/assets		(4,045)	1,059
Total assets less current liabilities		32,369	16,905
Creditors: Amounts falling due after more than one year	7	(31,129)	(16,143)
Provisions for liabilities		(518)	(518)
Net assets		722	244
Capital and reserves
Called up share capital		100	100
Retained earnings		622	144
Shareholders' funds		722	244

Allen Plumbing and Heating Services Limited

(Registration number: 07941699)
Balance Sheet as at 28 February 2025

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 September 2025
 

......................................... PA Allen Director

Allen Plumbing and Heating Services Limited

Notes to the Financial Statements for the Year Ended 28 February 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite I Windrush Court
Abingdon Business Park
Abingdon
Oxfordshire
OX14 1SY
United Kingdom

The principal place of business is:
Willowbrook
Knockwood Lane
Nether Wallop
Stockbridge
Hampshire
SO20 8EF

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of plumbing, heating and air conditioning installation services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Allen Plumbing and Heating Services Limited

Notes to the Financial Statements for the Year Ended 28 February 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance basis
Office equipment	25% reducing balance basis
Motor vehicles	25% reducing balance basis

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Allen Plumbing and Heating Services Limited

Notes to the Financial Statements for the Year Ended 28 February 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Allen Plumbing and Heating Services Limited

Notes to the Financial Statements for the Year Ended 28 February 2025

4	Tangible assets

	Plant and machinery £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 March 2024	3,892	4,086	16,800	24,778
Additions	-	-	38,223	38,223
Disposals	-	-	(16,800)	(16,800)
At 28 February 2025	3,892	4,086	38,223	46,201
Depreciation
At 1 March 2024	2,784	2,298	3,850	8,932
Charge for the year	277	447	5,600	6,324
Eliminated on disposal	-	-	(5,469)	(5,469)
At 28 February 2025	3,061	2,745	3,981	9,787
Carrying amount
At 28 February 2025	831	1,341	34,242	36,414
At 29 February 2024	1,108	1,788	12,950	15,846

5

Stocks

	2025 £	2024 £
Work in progress	15,000	-

6

Debtors

Current	2025 £	2024 £
Trade debtors	3,168	1,919
Other debtors	14,810	16,967
	17,978	18,886

Allen Plumbing and Heating Services Limited

Notes to the Financial Statements for the Year Ended 28 February 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	11,002	9,736
Trade creditors		26,909	12,967
Taxation and social security		1,698	5,301
Other creditors		2,200	1,500
		41,809	29,504