Locker Gas Heating & Plumbing Limited 09793137 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is plumber and gas engineer Digita Accounts Production Advanced 6.30.9574.0 true 09793137 2023-10-01 2024-09-30 09793137 2024-09-30 09793137 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-09-30 09793137 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-09-30 09793137 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-09-30 09793137 core:CurrentFinancialInstruments 2024-09-30 09793137 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 09793137 core:Non-currentFinancialInstruments 2024-09-30 09793137 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 09793137 core:FurnitureFittingsToolsEquipment 2024-09-30 09793137 core:MotorVehicles 2024-09-30 09793137 core:OtherPropertyPlantEquipment 2024-09-30 09793137 bus:SmallEntities 2023-10-01 2024-09-30 09793137 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 09793137 bus:FilletedAccounts 2023-10-01 2024-09-30 09793137 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09793137 bus:RegisteredOffice 2023-10-01 2024-09-30 09793137 bus:Director1 2023-10-01 2024-09-30 09793137 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-10-01 2024-09-30 09793137 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09793137 bus:Agent1 2023-10-01 2024-09-30 09793137 core:ComputerEquipment 2023-10-01 2024-09-30 09793137 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 09793137 core:MotorVehicles 2023-10-01 2024-09-30 09793137 core:OtherPropertyPlantEquipment 2023-10-01 2024-09-30 09793137 core:PlantMachinery 2023-10-01 2024-09-30 09793137 countries:EnglandWales 2023-10-01 2024-09-30 09793137 2023-09-30 09793137 core:FurnitureFittingsToolsEquipment 2023-09-30 09793137 core:MotorVehicles 2023-09-30 09793137 core:OtherPropertyPlantEquipment 2023-09-30 09793137 2022-10-01 2023-09-30 09793137 2023-09-30 09793137 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-09-30 09793137 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-09-30 09793137 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2023-09-30 09793137 core:CurrentFinancialInstruments 2023-09-30 09793137 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 09793137 core:Non-currentFinancialInstruments 2023-09-30 09793137 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 09793137 core:FurnitureFittingsToolsEquipment 2023-09-30 09793137 core:MotorVehicles 2023-09-30 09793137 core:OtherPropertyPlantEquipment 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09793137

Locker Gas Heating & Plumbing Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 30 September 2024

Locker Gas Heating & Plumbing Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Locker Gas Heating & Plumbing Limited

Company Information

Director | J L Locker

Registered office | Maria House 35 Millers Road Brighton BN1 5NP

Accountants | Chisnall Comer Ismail & Co Chartered AccountantsMaria House 35 Millers Road Brighton BN1 5NP

Locker Gas Heating & Plumbing Limited

(Registration number: 09793137)
Balance Sheet as at 30 September 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 4 | 43,060 | 44,440
Current assets |  |  |
Debtors | 5 | 74,169 | 70,437
Cash at bank and in hand |  | 424,459 | 256,117
|  | 498,628 | 326,554
Creditors: Amounts falling due within one year | 6 | (217,211) | (132,222)
Net current assets |  | 281,417 | 194,332
Total assets less current liabilities |  | 324,477 | 238,772
Creditors: Amounts falling due after more than one year | 6 | (9,277) | (21,647)
Net assets |  | 315,200 | 217,125
Capital and reserves |  |  |
Called up share capital | 9 | 100 | 100
Retained earnings |  | 315,100 | 217,025
Shareholders' funds |  | 315,200 | 217,125

For the financial year ending 30 September 2024 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.

Locker Gas Heating & Plumbing Limited

(Registration number: 09793137)
Balance Sheet as at 30 September 2024

Approved and authorised by the director on 18 September 2025

.........................................

J L Locker

Director

Locker Gas Heating & Plumbing Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

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:
Maria House
35 Millers Road
Brighton
BN1 5NP

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

Locker Gas Heating & Plumbing Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

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
Computer equipment | 33.% on cost
Plant and machinery | 25% on reducing balance
Motor vehicles | 25% on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Locker Gas Heating & Plumbing Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

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.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 8 (2023 - 6).

Locker Gas Heating & Plumbing Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 October 2023 | 2,900 | 62,020 | 2,527 | 67,447
Additions | - | 12,459 | - | 12,459
At 30 September 2024 | 2,900 | 74,479 | 2,527 | 79,906
Depreciation
At 1 October 2023 | 2,087 | 18,776 | 2,144 | 23,007
Charge for the year | 336 | 13,407 | 96 | 13,839
At 30 September 2024 | 2,423 | 32,183 | 2,240 | 36,846
Carrying amount
At 30 September 2024 | 477 | 42,296 | 287 | 43,060
At 30 September 2023 | 813 | 43,244 | 383 | 44,440

5 | Debtors

Current | 2024 £ | 2023 £
Trade debtors | 70,882 | 69,767
Prepayments | 764 | 612
Other debtors | 2,523 | 58
| 74,169 | 70,437

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2024 £ | 2023 £
Due within one year |  |  |
Loans and borrowings | 7 | 12,369 | 12,567
Trade creditors |  | 24,953 | 3,190
Taxation and social security |  | 127,739 | 76,846
Accruals and deferred income |  | 145 | 147
Other creditors |  | 52,005 | 39,472
|  | 217,211 | 132,222

Creditors: amounts falling due after more than one year

Locker Gas Heating & Plumbing Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

| Note | 2024 £ | 2023 £
Due after one year |  |  |
Loans and borrowings | 7 | 9,277 | 21,647

7 | Loans and borrowings

Non-current loans and borrowings

| 2024 £ | 2023 £
Bank borrowings | 7,500 | 17,500
Hire purchase contracts | 1,777 | 4,147
| 9,277 | 21,647

Current loans and borrowings

| 2024 £ | 2023 £
Bank borrowings | 9,999 | 10,000
Hire purchase contracts | 2,370 | 2,567
| 12,369 | 12,567

8 | Dividends

|  | 2024 |  | 2023
|  | £ |  | £
Interim dividend of £280.00 (2023 - £280.00) per ordinary share |  | 31,000 |  | 28,000

9 | Share capital

Allotted, called up and fully paid shares

| 2024 | 2023
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100