REGISTERED NUMBER: 14337555 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2024

for

X-ray Plumbing & Heating Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E Duraku

B Istrefi

D Muca

REGISTERED OFFICE:

Wyvols Court

Basingstoke Road

Swallowfield

Reading

Berkshire

RG7 1WY

REGISTERED NUMBER:

14337555 (England and Wales)

ACCOUNTANTS:

J & C Accountants Ltd

Wyvols Court

Basingstoke Road

Swallowfield

Reading

Berkshire

RG7 1WY

FIXED ASSETS

Intangible assets

4

185,000

-

Tangible assets

5

29,137

6,750

214,137

6,750

CURRENT ASSETS

Stocks

77,661

-

Debtors

6

18,660

-

Cash at bank

21,375

8,485

117,696

8,485

CREDITORS

Amounts falling due within one year

7

74,553

1,287

NET CURRENT ASSETS

43,143

7,198

TOTAL ASSETS LESS CURRENT LIABILITIES

257,280

13,948

CREDITORS

Amounts falling due after more than one year

8

240,000

13,000

NET ASSETS

17,280

948

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

17,180

848

17,280

948

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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 31 July 2025 and were signed on its behalf by:

E Duraku - Director

1.	STATUTORY INFORMATION

X-ray Plumbing & Heating Limited is a private company, limited by shares, registered in England & Wales. The company's registered number is 14337555. The business address is 7 Lanark Close, Woodley, Reading, RG5 4DF. The registered office address is Wyvols Court, Basingstoke Road, Swallowfield, Reading, RG7 1WY.

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 measure at the fair value of consideration received or receivable, net of discounts, rebates and value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten 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

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

Plant and machinery etc

-

25% on reducing balance and 5% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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 2 (2023 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

200,000

At 30 September 2024

200,000

AMORTISATION

Charge for year

15,000

At 30 September 2024

15,000

NET BOOK VALUE

At 30 September 2024

185,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2023

9,000

Additions

28,102

At 30 September 2024

37,102

DEPRECIATION

At 1 October 2023

2,250

Charge for year

5,715

At 30 September 2024

7,965

NET BOOK VALUE

At 30 September 2024

29,137

At 30 September 2023

6,750

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade debtors

18,660

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Taxation and social security

9,380

-

Other creditors

65,173

1,287

74,553

1,287

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.24

30.9.23

£

£

Other creditors

240,000

13,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Directors loan

240,000

13,000