REGISTERED NUMBER: 04882895 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

J M Duxberry Plumbing And Heating Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

J M Duxberry

SECRETARY:

REGISTERED OFFICE:

Eagle Accountancy (UK) Ltd

2 Coracle Offices

St Catherine Street

Carmarthen

Dyfed

SA31 1RD

REGISTERED NUMBER:

04882895 (England and Wales)

ACCOUNTANTS:

Eagle Accountancy (UK) Limited

2 Coracle Offices

St Catherine Street

Carmarthen

Carmarthenshire

SA31 1RD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4,981

6,266

4,981

6,266

CURRENT ASSETS

Stocks

1,000

1,000

Debtors

6

210

496

Cash at bank

1,904

4,539

3,114

6,035

CREDITORS

Amounts falling due within one year

7

17,762

22,992

NET CURRENT LIABILITIES

(14,648

)

(16,957

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(9,667

)

(10,691

)

CREDITORS

Amounts falling due after more than one year

8

(1,461

)

(5,876

)

PROVISIONS FOR LIABILITIES

(946

)

(665

)

NET LIABILITIES

(12,074

)

(17,232

)

CAPITAL AND RESERVES

Called up share capital

50

50

Retained earnings

(12,124

)

(17,282

)

(12,074

)

(17,232

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 September 2025 and were signed by:

J M Duxberry - Director

1.	STATUTORY INFORMATION

J M Duxberry Plumbing And Heating Ltd 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.

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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Improvements to property

-

15% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

50% 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

7,500

AMORTISATION

At 1 January 2024

and 31 December 2024

7,500

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

2,766

22,252

657

906

26,581

DEPRECIATION

At 1 January 2024

2,766

16,138

618

793

20,315

Charge for year

-

1,223

6

56

1,285

At 31 December 2024

2,766

17,361

624

849

21,600

NET BOOK VALUE

At 31 December 2024

-

4,891

33

57

4,981

At 31 December 2023

-

6,114

39

113

6,266

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

210

-

Other debtors

-

496

210

496

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

4,414

4,257

Trade creditors

8,877

17,438

Tax

2,534

631

Social security and other taxes

9

9

VAT

780

-

Directors' current accounts

453

40

Accruals and deferred income

695

617

17,762

22,992

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 2-5 years

1,461

5,876