Browns Plumbing Ltd - Filleted accounts

Registered number

06496266

Browns Plumbing Ltd

Filleted Accounts

31 March 2025

Browns Plumbing Ltd
Registered number:		06496266
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,806			2,286

Current assets
Debtors	4	510			550
Cash at bank and in hand		37,764			53,362
		38,274			53,912

Creditors: amounts falling due within one year	5	(30,258)			(39,071)

Net current assets			8,016			14,841

Total assets less current liabilities			9,822			17,127


Provisions for liabilities			(642)			(551)


Net assets			9,180			16,576

Capital and reserves
Profit and loss account			9,180			16,576

Shareholder's funds			9,180			16,576

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




Mr Christopher Brown
Director
Approved by the board on 8 September 2025

Browns Plumbing Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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	25% reducing balance
	Fixtures, fittings, tools and equipment	20% 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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


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 April 2024	8,108		16,864		24,972
	At 31 March 2025	8,108		16,864		24,972

	Depreciation
	At 1 April 2024	6,292		16,394		22,686
	Charge for the year	363		117		480
	At 31 March 2025	6,655		16,511		23,166

	Net book value
	At 31 March 2025	1,453		353		1,806
	At 31 March 2024	1,816		470		2,286


4	Debtors			2025		2024
£					£

	Trade debtors			510		550


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			95		95
	Director's account			5,785		31,256
	Taxation and social security costs			8,238		6,581
	Other creditors			16,140		1,139
				30,258		39,071


6	Controlling party

	The company is controlled by Mr Christopher Brown.


7	Other information

	Browns Plumbing Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Cumberland House
	24-28 Baxter Avenue
	Southend on Sea
	Essex
	SS2 6HZ