Flitwick & Ampthill Plumbing Supplies Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07164379

Flitwick & Ampthill Plumbing Supplies Limited

Filleted Unaudited Financial Statements

30 June 2025

Flitwick & Ampthill Plumbing Supplies Limited

Financial Statements

Year ended 30 June 2025

Contents	Page

Officers and professional advisers	1

Accountants report to the board of directors on the preparation of the unaudited statutory financial statements	2

Statement of financial position	3

Notes to the financial statements	5

Flitwick & Ampthill Plumbing Supplies Limited

Officers and Professional Advisers

The board of directors	Mr K Lewis
	Mrs D Lewis
	Mr J Lewis
	Mr M Lewis

Registered office	10 Canberra House
	Corbygate Business Park
	Corby
	Northamptonshire
	United Kingdom
	NN17 5JG

Accountants	A Plus Accountants Limited
	Accountants
	10 Canberra House
	Corbygate Business Park
	Corby
	Northants
	NN17 5JG

Flitwick & Ampthill Plumbing Supplies Limited

Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Flitwick & Ampthill Plumbing Supplies Limited

Year ended 30 June 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 Flitwick & Ampthill Plumbing Supplies Limited for the year ended 30 June 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Flitwick & Ampthill Plumbing Supplies Limited, as a body, in accordance with the terms of our engagement letter dated 1 April 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Flitwick & Ampthill Plumbing Supplies Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Flitwick & Ampthill Plumbing Supplies Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Flitwick & Ampthill Plumbing Supplies 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 Flitwick & Ampthill Plumbing Supplies Limited. You consider that Flitwick & Ampthill Plumbing Supplies 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 Flitwick & Ampthill Plumbing Supplies 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.

A Plus Accountants Limited Accountants

10 Canberra House Corbygate Business Park Corby Northants NN17 5JG

2 December 2025

Flitwick & Ampthill Plumbing Supplies Limited

Statement of Financial Position

30 June 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	12,333	16,610

Current assets

Stocks		111,793	117,493
Debtors	6	166,580	130,872
Cash at bank and in hand		121,169	144,854
		---------	---------
		399,542	393,219

Creditors: amounts falling due within one year	7	258,759	238,523
		---------	---------
Net current assets		140,783	154,696
		---------	---------
Total assets less current liabilities		153,116	171,306
		---------	---------
Net assets		153,116	171,306
		---------	---------

Capital and reserves

Called up share capital	130	130
Profit and loss account	152,986	171,176
	---------	---------
Shareholders funds	153,116	171,306
	---------	---------

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.

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

Flitwick & Ampthill Plumbing Supplies Limited

Statement of Financial Position (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 2 December 2025 , and are signed on behalf of the board by:

Mr J Lewis

Director

Company registration number: 07164379

Flitwick & Ampthill Plumbing Supplies Limited

Notes to the Financial Statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Canberra House, Corbygate Business Park, Corby, Northamptonshire, NN17 5JG, United Kingdom.

2. Statement of compliance

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

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

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.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated 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:

Leasehold property	-	20% straight line
Fixtures and fittings	-	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 includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income under administrative expenses. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity. 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. Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2024: 10 ).

5. Tangible assets

	Leasehold property	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 July 2024	37,670	22,985	19,400	80,055
Additions	–	332	–	332
	--------	--------	--------	--------
At 30 June 2025	37,670	23,317	19,400	80,387
	--------	--------	--------	--------
Depreciation
At 1 July 2024	37,172	19,642	6,631	63,445
Charge for the year	498	919	3,192	4,609
	--------	--------	--------	--------
At 30 June 2025	37,670	20,561	9,823	68,054
	--------	--------	--------	--------
Carrying amount
At 30 June 2025	–	2,756	9,577	12,333
	--------	--------	--------	--------
At 30 June 2024	498	3,343	12,769	16,610
	--------	--------	--------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	134,267	119,456
Prepayments and accrued income	14,295	10,975
Directors loan account	–	173
Other debtors	18,018	268
	---------	---------
	166,580	130,872
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	135,811	103,265
Accruals and deferred income	7,948	6,893
Corporation tax	38,742	38,754
Social security and other taxes	21,825	21,590
Director loan accounts	54,433	68,021
	---------	---------
	258,759	238,523
	---------	---------

8. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	34,046	30,146
Later than 1 year and not later than 5 years	44,323	69,270
	--------	--------
	78,369	99,416
	--------	--------

During the year there was a rent review. The annual rental lease charge is £32,760, which is due to expire on 31 October 2027. Also included within the minimum lease payments under non-cancellable operating leases is one item of leased equipment.