REGISTERED NUMBER: 07901001 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

MDH Plumbing & Heating (South Coast) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M D Howard

REGISTERED OFFICE:

Flat 3, Seascape

Southbourne Overcliff Drive

Southbourne

Bournemouth

Dorset

BH6 3TF

REGISTERED NUMBER:

07901001 (England and Wales)

ACCOUNTANTS:

Prosper Accountancy & Tax

204 Bourne House

23 Hinton Road

Bournemouth

Dorset

BH1 2EF

FIXED ASSETS

Intangible assets

4

20,000

22,500

Tangible assets

5

66,541

78,282

86,541

100,782

CURRENT ASSETS

Debtors

6

16,056

18,896

CREDITORS

Amounts falling due within one year

7

77,004

85,653

NET CURRENT LIABILITIES

(60,948

)

(66,757

)

TOTAL ASSETS LESS CURRENT LIABILITIES

25,593

34,025

CREDITORS

Amounts falling due after more than one year

8

16,702

16,867

NET ASSETS

8,891

17,158

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8,791

17,058

SHAREHOLDERS' FUNDS

8,891

17,158

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 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:

M D Howard - Director

1.	STATUTORY INFORMATION

MDH Plumbing & Heating (South Coast) 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 2012, is being amortised evenly over its estimated useful life of twenty 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

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 1 (2023 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2023

and 30 September 2024

50,000

AMORTISATION

At 1 October 2023

27,500

Charge for year

2,500

At 30 September 2024

30,000

NET BOOK VALUE

At 30 September 2024

20,000

At 30 September 2023

22,500

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2023

and 30 September 2024

175,444

DEPRECIATION

At 1 October 2023

97,162

Charge for year

11,741

At 30 September 2024

108,903

NET BOOK VALUE

At 30 September 2024

66,541

At 30 September 2023

78,282

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade debtors

16,056

18,896

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans and overdrafts

11,921

12,306

Trade creditors

8,744

20,770

Taxation and social security

10,716

7,677

Other creditors

45,623

44,900

77,004

85,653

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans

16,702

16,867