7998654falsePlumbing and heating services2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:MotorCars2024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:MotorCars2025-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 7998654
OLIVE PLUMBING AND HEATING LTD
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
DK Accounting Services Ltd
Chartered Certified Accoutants
8 Flora Close
Stanmore
HA7 4PY
OLIVE PLUMBING AND HEATING LTD
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
S Ryder
REGISTERED OFFICE
40 Arundel Drive
Borehamwood
Herts
WD6 2NE
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 7998654
ACCOUNTANTS
DK Accounting Services Ltd
Chartered Certified Accoutants
8 Flora Close
Stanmore
HA7 4PY
OLIVE PLUMBING AND HEATING LTD
ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
OLIVE PLUMBING AND HEATING LTD
BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Intangible assets315,00020,000
Tangible assets416,21821,581
31,21841,581
CURRENT ASSETS
Debtors5111,657145,104
Cash at bank and in hand152,021265,528
263,678410,632
CREDITORS: Amounts falling due within one year6123,534144,685
NET CURRENT ASSETS140,144265,947
TOTAL ASSETS LESS CURRENT LIABILITIES171,362307,528
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account171,262307,428
SHAREHOLDERS' FUNDS171,362307,528
For the year ending 31/03/2025 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 07/08/2025 and signed on their behalf by
.............................
S Ryder
Director
OLIVE PLUMBING AND HEATING LTD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery 25%
Motor Cars 25%
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. EMPLOYEES
20252024
No.No.
Average number of employees99
OLIVE PLUMBING AND HEATING LTD
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/04/202450,00050,000
At 31/03/202550,00050,000
Depreciation
At 01/04/202430,00030,000
For the year5,0005,000
At 31/03/202535,00035,000
Net Book Amounts
At 31/03/202515,00015,000
At 31/03/202420,00020,000
4. TANGIBLE FIXED ASSETS
Plant and
MachineryMotor CarsTotal
£££
Cost
At 01/04/20241,62872,61674,244
At 31/03/20251,62872,61674,244
Depreciation
At 01/04/20241,30351,36052,663
For the year495,3145,363
At 31/03/20251,35256,67458,026
Net Book Amounts
At 31/03/202527615,94216,218
At 31/03/202432521,25621,581
5. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors69,787108,870
UK corporation tax207-
VAT11,89210,781
Other debtors RETENTION29,77125,453
111,657145,104
OLIVE PLUMBING AND HEATING LTD
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax-37,124
PAYE control10,2779,459
Directors current account22,15628,228
Trade creditors86,64466,053
Other creditors-2
Pension NEST807569
Accruals3,6503,250
123,534144,685
7. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1.000 each100100
100100