Allpumps Limited - Filleted accounts

Registered number

02024099

Allpumps Limited

Filleted Accounts

31 March 2025

Allpumps Limited
Registered number:		02024099
Balance Sheet
as at 31 March 2025

Notes			2025		2024

Fixed assets
Tangible assets	3		527		703

Current assets
Stocks		4,792		5,308
Debtors	4	28,989		19,897
Cash at bank and in hand		1,412,351		1,339,933
		1,446,132		1,365,138

Creditors: amounts falling due within one year	5	(799,112)		(741,165)

Net current assets			647,020		623,973

Total assets less current liabilities			647,547		624,676


Provisions for liabilities			(113)		(146)


Net assets			647,434		624,530

Capital and reserves
Called up share capital			10		10
Profit and loss account			647,424		624,520

Shareholders' funds			647,434		624,530

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




K L Torres
Director
Approved by the board on 10 October 2025

Allpumps Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance
	Motor vehicles	25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		0		0

3	Tangible fixed assets
		Plant and machinery etc	Motor vehicles		Total

	Cost
	At 1 April 2024	22,097	15,542		37,639
	At 31 March 2025	22,097	15,542		37,639

	Depreciation
	At 1 April 2024	22,050	14,886		36,936
	Charge for the year	12	164		176
	At 31 March 2025	22,062	15,050		37,112

	Net book value
	At 31 March 2025	35	492		527
	At 31 March 2024	47	656		703


4	Debtors		2025		2024


	Trade debtors		11,703		15,486
	Other debtors		17,286		4,411
			28,989		19,897


5	Creditors: amounts falling due within one year		2025		2024


	Trade creditors		1,546		9,947
	Amounts owed to group undertakings and undertakings in which the company has a participating interest		563,879		510,338
	Taxation and social security costs		6,809		7,086
	Other creditors		226,878		213,794
			799,112		741,165


6	Related party transactions

	At the end of the financial year the company owed £563,879 (2024 - £510,338) to Torres Engineering & Pumps Limited, a group undertaking. All transactions between the companies during the year have been carried out under normal market conditions. Directors’ Remuneration The aggregate remuneration of the directors during the year was: 2025: £12,000 2024: £12,000 Remuneration includes salaries, benefits in kind, pension contributions and other emoluments. Advances, Credits and Guarantees At the balance sheet date, the following amounts were due from/(to) directors: Loan balance: £(222,317) (2024: £(212,717) The loan is interest-free, unsecured and repayable on demand. No guarantees have been given to or on behalf of the directors.


7	Controlling party

	The company is a 100% subsidiary of Torres Pumps Holdings Limited and the director, K L Torres, is the controlling party. The registered office of Torres Pumps Holdings Limited is the same as this company.


8	Other information

	Allpumps Limited is a private company limited by shares and incorporated in England. Its registered office is:
	448 Brightside Lane
	Newall
	Sheffield
	South Yorkshire
	S9 2SP