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Registration number: 08661759

T Golden Plumbing and Heating Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 August 2025

T Golden Plumbing and Heating Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 10

T Golden Plumbing and Heating Ltd

Company Information

Director | Mr Thomas James Golden

Registered office | Browns Farm South Newbald Road North Newbald East Yorkshire YO43 4SU

Bankers | HSBC Bank plc Pocklington

Accountants | Flexibility Professional Services (UK) Ltd Cherry Tree Court 36 Ferensway Hull East Yorkshire HU2 8NH

T Golden Plumbing and Heating Ltd

(Registration number: 08661759)
Balance Sheet as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 39,856 | 26,808
Current assets |  |  |
Stocks | 5 | 150 | 150
Debtors | 6 | 5,511 | 5,734
Cash at bank and in hand |  | 167,105 | 179,516
|  | 172,766 | 185,400
Creditors: Amounts falling due within one year | 7 | (130,128) | (106,904)
Net current assets |  | 42,638 | 78,496
Total assets less current liabilities |  | 82,494 | 105,304
Creditors: Amounts falling due after more than one year | 7 | - | (8,773)
Provisions for liabilities |  | (5,004) | (2,374)
Net assets |  | 77,490 | 94,157
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | 77,390 | 94,057
Shareholders' funds |  | 77,490 | 94,157

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 1 October 2025

T Golden Plumbing and Heating Ltd

(Registration number: 08661759)
Balance Sheet as at 31 August 2025

......................................... Mr Thomas James Golden Director

T Golden Plumbing and Heating Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Browns Farm
South Newbald Road
North Newbald
East Yorkshire
YO43 4SU
United Kingdom

These financial statements were authorised for issue by the director on 1 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

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

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

T Golden Plumbing and Heating Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | Reducing balance basis at 20%
Motor vehicles | Reducing balance basis at 20%
Leasehold buildings | Straight line basis over 20 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

T Golden Plumbing and Heating Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

T Golden Plumbing and Heating Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

4 | Tangible assets

| Land and buildings £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 September 2024 | 15,903 | 28,125 | 2,902 | 46,930
Additions | - | 25,650 | - | 25,650
Disposals | - | (22,725) | - | (22,725)
At 31 August 2025 | 15,903 | 31,050 | 2,902 | 49,855
Depreciation
At 1 September 2024 | 1,590 | 15,988 | 2,544 | 20,122
Charge for the year | 795 | 2,427 | 72 | 3,294
Eliminated on disposal | - | (13,417) | - | (13,417)
At 31 August 2025 | 2,385 | 4,998 | 2,616 | 9,999
Carrying amount
At 31 August 2025 | 13,518 | 26,052 | 286 | 39,856
At 31 August 2024 | 14,313 | 12,137 | 358 | 26,808

Included within the net book value of land and buildings above is £13,518 (2024 - £14,313) in respect of long leasehold land and buildings.

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 150 | 150

T Golden Plumbing and Heating Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

6 | Debtors

Current | 2025 £ | 2024 £
Prepayments | 442 | -
Other debtors | 5,069 | 5,734
| 5,511 | 5,734

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 8,773 | 10,289
Trade creditors |  | 13,566 | 1,808
Taxation and social security |  | 5,375 | 12,674
Accruals and deferred income |  | 1,250 | 850
Other creditors |  | 101,164 | 81,283
|  | 130,128 | 106,904

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | - | 8,773

T Golden Plumbing and Heating Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary £1 of £1 each | 100 | 100 | 100 | 100

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 8,773

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 8,773 | 10,289

Bank borrowings

HSBC Bounce Back loan is denominated in GBP with a nominal interest rate of 2.5%, and the final instalment is due on 30 June 2026. The carrying amount at year end is £8,223 (2024 - £19,062). Unsecured loan provided under the Bounce Back loan scheme with no repayments and interest rebated by UK government within the first 12 months.

10 | Dividends

Interim dividends paid

|  | 2025 £ |  | 2024 £
Interim dividend of £500.00 (2024 - £400.00) per each Ordinary £1 |  | 50,000 |  | 40,000

T Golden Plumbing and Heating Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

11 | Related party transactions

Transactions with the director

2025 | At 1 September 2024 £ | Advances to director £ | Repayments by director £ | At 31 August 2025 £
Mr Thomas James Golden
Directors Loan Account | 81,283 | (30,119) | 50,000 | 101,164

2024 | At 1 September 2023 £ | Repayments by director £ | At 31 August 2024 £
Mr Thomas James Golden
Directors Loan Account | 33,509 | 47,774 | 81,283

Director's remuneration

The director's remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 12,570 | 12,570

Dividends paid to the director

|  | 2025 £ |  | 2024 £
Mr Thomas James Golden |  |  |  |
Ordinary £1 |  | 25,000 |  | 20,000