REGISTERED NUMBER: 04341321 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

WESTMINSTER HEATING & PLUMBING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Taylor

Mrs LA Taylor

REGISTERED OFFICE:

12 High Street

Stanford Le Hope

Essex

SS17 0EY

REGISTERED NUMBER:

04341321 (England and Wales)

ACCOUNTANTS:

Elliott, Mortlock, Busby & Co Limited

12 High Street

Stanford le Hope

Essex

SS17 0EY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

135,477

127,015

135,477

127,015

CURRENT ASSETS

Debtors

6

302,234

247,853

Cash at bank

403,317

319,564

705,551

567,417

CREDITORS

Amounts falling due within one year

7

184,881

155,645

NET CURRENT ASSETS

520,670

411,772

TOTAL ASSETS LESS CURRENT LIABILITIES

656,147

538,787

CREDITORS

Amounts falling due after more than one year

8

(34,640

)

(41,480

)

PROVISIONS FOR LIABILITIES

10

(30,446

)

(27,448

)

NET ASSETS

591,061

469,859

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

590,961

469,759

SHAREHOLDERS' FUNDS

591,061

469,859

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 16 September 2025 and were signed on its behalf by:

Mr M Taylor - Director

1.	STATUTORY INFORMATION

Westminster Heating & Plumbing Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 comprises the fair value of the consideration received or receivable for the provision of goods and services in the ordinary course of the company's activities. Turnover is shown net of value added tax, 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Furniture, fittings and equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation represents the sum of tax currently payable and deferred tax.

The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

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 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

15,000

AMORTISATION

At 1 April 2024

and 31 March 2025

15,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Furniture,

Improvements

fittings

to

Plant and

and

Motor

property

machinery

equipment

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

17,659

2,149

4,782

171,011

195,601

Additions

-

665

1,634

42,200

44,499

At 31 March 2025

17,659

2,814

6,416

213,211

240,100

DEPRECIATION

At 1 April 2024

437

2,144

2,285

63,720

68,586

Charge for year

3,531

85

821

31,600

36,037

At 31 March 2025

3,968

2,229

3,106

95,320

104,623

NET BOOK VALUE

At 31 March 2025

13,691

585

3,310

117,891

135,477

At 31 March 2024

17,222

5

2,497

107,291

127,015

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

53,961

DEPRECIATION

At 1 April 2024

2,248

Charge for year

12,928

At 31 March 2025

15,176

NET BOOK VALUE

At 31 March 2025

38,785

At 31 March 2024

51,713

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

70,017

19,525

Other debtors

232,217

228,328

302,234

247,853

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

6,841

6,841

Trade creditors

8,403

3,801

Corporation tax

59,009

46,425

Social security and other taxes

59,859

55,126

Other creditors

34,715

18,142

Directors' current accounts

16,054

25,310

184,881

155,645

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

34,640

41,480

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

41,481

48,321

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

30,446

27,448

Deferred

tax

£

Balance at 1 April 2024

27,448

Charge to Income Statement during year

2,998

Balance at 31 March 2025

30,446

The provision for deferred taxation is made up of accelerated capital allowances.

11.	RELATED PARTY DISCLOSURES