| Lady Bay Plumbing & Heating Limited |
| Registered number: |
05145748 |
| Balance Sheet |
| as at 30 June 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
3,710 |
|
|
4,574 |
|
| Current assets |
| Stocks |
|
|
1,000 |
|
|
1,000 |
| Debtors |
4 |
|
1,504 |
|
|
2,087 |
| Cash at bank and in hand |
|
|
63,884 |
|
|
72,366 |
|
|
|
66,388 |
|
|
75,453 |
|
| Creditors: amounts falling due within one year |
5 |
|
(29,508) |
|
|
(30,838) |
|
| Net current assets |
|
|
|
36,880 |
|
|
44,615 |
|
| Net assets |
|
|
|
40,590 |
|
|
49,189 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
40,490 |
|
|
49,089 |
|
| Shareholders' funds |
|
|
|
40,590 |
|
|
49,189 |
|
|
|
|
|
|
|
|
|
|
| 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. |
|
|
|
|
| S L Harris |
| Director |
| Approved by the board on 20 August 2025 |
|
| Lady Bay Plumbing & Heating Limited |
| Notes to the Accounts |
| for the year ended 30 June 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 represents the amounts, net of discounts and value added tax, derived from the provision of goods and services to customers during the year. |
|
|
|
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 |
15% per annum reducing balance |
|
Motor vehicles |
25% per annum reducing balance |
|
|
|
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. |
|
|
|
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 |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 July 2024 |
10,278 |
|
15,500 |
|
25,778 |
|
At 30 June 2025 |
10,278 |
|
15,500 |
|
25,778 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2024 |
7,480 |
|
13,724 |
|
21,204 |
|
Charge for the year |
420 |
|
444 |
|
864 |
|
At 30 June 2025 |
7,900 |
|
14,168 |
|
22,068 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2025 |
2,378 |
|
1,332 |
|
3,710 |
|
At 30 June 2024 |
2,798 |
|
1,776 |
|
4,574 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
951 |
|
1,536 |
|
Other debtors |
553 |
|
551 |
|
|
|
|
|
|
1,504 |
|
2,087 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
8,789 |
|
7,785 |
|
Corporation tax |
13,742 |
|
16,044 |
|
Other taxes and social security costs |
3,904 |
|
5,049 |
|
Other creditors |
3,073 |
|
1,960 |
|
|
|
|
|
|
29,508 |
|
30,838 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Controlling party |
|
|
The company is controllled by its majority shareholder, Mr T M Harris. |
|
|
| 7 |
Other information |
|
|
Lady Bay Plumbing & Heating Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
234 Rutland Road |
|
West Bridgford |
|
Nottingham NG2 5EB |