REGISTERED NUMBER: 07298734 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

PLUMB PLUS SUPPLIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr P M Hopkinson

REGISTERED OFFICE:

Mercury House

19-21 Chapel Street

Marlow

Bucks

SL7 3HN

REGISTERED NUMBER:

07298734 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

FIXED ASSETS

Tangible assets

4

41,654

25,310

CURRENT ASSETS

Stocks

80,000

91,000

Debtors

5

173,720

217,010

Cash at bank and in hand

284,895

413,348

538,615

721,358

CREDITORS

Amounts falling due within one year

6

227,920

268,209

NET CURRENT ASSETS

310,695

453,149

TOTAL ASSETS LESS CURRENT LIABILITIES

352,349

478,459

CREDITORS

Amounts falling due after more than one year

7

5,259

15,599

NET ASSETS

347,090

462,860

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Capital redemption reserve

5

5

Retained earnings

346,085

461,855

SHAREHOLDERS' FUNDS

347,090

462,860

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th June 2025 and were signed by:

Mr P M Hopkinson - Director

1.	STATUTORY INFORMATION

Plumb Plus Supplies Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost and in accordance with the lease

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

177,537

Additions

25,495

Disposals

(23,339

)

At 31st December 2024

179,693

DEPRECIATION

At 1st January 2024

152,227

Charge for year

9,151

Eliminated on disposal

(23,339

)

At 31st December 2024

138,039

NET BOOK VALUE

At 31st December 2024

41,654

At 31st December 2023

25,310

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

158,471

210,851

Other debtors

15,249

6,159

173,720

217,010

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,340

10,107

Trade creditors

192,718

216,938

Taxation and social security

12,273

23,186

Other creditors

12,589

17,978

227,920

268,209

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

5,259

15,599