Johnston's Plumbing & Multitrade Limited 31/01/2025 iXBRL

Company registration number: SC730738

Johnston's Plumbing & Multitrade Limited

Unaudited filleted financial statements

31 January 2025

Dickson Middleton

Chartered Accountants

www.dicksonmiddleton.co.uk

A member firm of the UK 200 Group

Johnston's Plumbing & Multitrade Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Johnston's Plumbing & Multitrade Limited

Directors and other information


	Director	Bradley Johnston


	Company number	SC730738


	Registered office	4 Castle Drive
		Falkirk
		FK2 7UX


	Accountants	Dickson Middleton
		20 Barnton Street
		Stirling
		FK8 1NE

Johnston's Plumbing & Multitrade Limited

Report to the director on the preparation of the

unaudited statutory financial statements of Johnston's Plumbing & Multitrade Limited

Year ended 31 January 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Johnston's Plumbing & Multitrade Limited for the year ended 31 January 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the director of Johnston's Plumbing & Multitrade Limited, as a body, in accordance with the terms of our engagement letter dated 15 June 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Johnston's Plumbing & Multitrade Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Johnston's Plumbing & Multitrade Limited and its director as a body for our work or for this report.

It is your duty to ensure that Johnston's Plumbing & Multitrade Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Johnston's Plumbing & Multitrade Limited. You consider that Johnston's Plumbing & Multitrade Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Johnston's Plumbing & Multitrade Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Dickson Middleton

Chartered Accountants

20 Barnton Street

Stirling

FK8 1NE

8 September 2025

Johnston's Plumbing & Multitrade Limited

Statement of financial position

31 January 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	40,512		9,841
		_______		_______
			40,512		9,841

Current assets
Stocks		8,000		1,500
Debtors	6	27,407		24,649
Cash at bank and in hand		11,908		5,793
		_______		_______
		47,315		31,942
Creditors: amounts falling due
within one year	7	( 54,773)		( 30,860)
		_______		_______
Net current (liabilities)/assets			( 7,458)		1,082

Creditors: amounts falling due
after more than one year	8		( 26,814)		( 5,693)

Provisions for liabilities			( 6,132)		-

			_______		_______
Net assets			108		5,230
			_______		_______

Capital and reserves
Called up share capital	9		1		1
Profit and loss account			107		5,229
			_______		_______
Shareholder funds			108		5,230
			_______		_______

For the year ending 31 January 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 member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 08 September 2025 , and are signed on behalf of the board by:

Bradley Johnston

Director

Company registration number: SC730738

Johnston's Plumbing & Multitrade Limited

Notes to the financial statements

Year ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is 4 Castle Drive, Falkirk, FK2 7UX.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	25 %	straight line
Fittings fixtures and equipment	-	25 %	straight line
Motor vehicles	-	25 %	straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: Nil).

5. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 February 2024	1,066	695	11,250	13,011
Additions	-	124	38,395	38,519
	_______	_______	_______	_______
At 31 January 2025	1,066	819	49,645	51,530
	_______	_______	_______	_______
Depreciation
At 1 February 2024	261	96	2,813	3,170
Charge for the year	267	187	7,394	7,848
	_______	_______	_______	_______
At 31 January 2025	528	283	10,207	11,018
	_______	_______	_______	_______
Carrying amount
At 31 January 2025	538	536	39,438	40,512
	_______	_______	_______	_______
At 31 January 2024	805	599	8,437	9,841
	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	23,644	24,384
Other debtors	3,763	265
	_______	_______
	27,407	24,649
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	13,516	15,214
Social security and other taxes	3,912	8,151
Other creditors	37,345	7,495
	_______	_______
	54,773	30,860
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	26,814	5,693
	_______	_______

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares of £ 1.00 each	1	1	1	1
	_______	_______	_______	_______