REGISTERED NUMBER: 07392099 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

COVENTRY PLUMBING & HEATING SUPPLIES

(NUNEATON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs K Harris

REGISTERED OFFICE:

Gethin House

36 Bond Street

Nuneaton

CV11 4DA

REGISTERED NUMBER:

07392099 (England and Wales)

ACCOUNTANTS:

Armstrongs

Chartered Accountants and Tax Advisors

Gethin House

36 Bond Street

Nuneaton

Warwickshire

CV11 4DA

BANKERS:

National Westminster Bank Plc

118 Walsgrave Road

Coventry

West Midlands

CV2 4ZZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,609

42

1,609

42

CURRENT ASSETS

Stocks

6

186,544

173,005

Debtors

7

391,634

365,207

Cash at bank and in hand

249,603

233,506

827,781

771,718

CREDITORS

Amounts falling due within one year

8

244,210

207,036

NET CURRENT ASSETS

583,571

564,682

TOTAL ASSETS LESS CURRENT LIABILITIES

585,180

564,724

PROVISIONS FOR LIABILITIES

402

11

NET ASSETS

584,778

564,713

CAPITAL AND RESERVES

Called up share capital

104

104

Retained earnings

9

584,674

564,609

SHAREHOLDERS' FUNDS

584,778

564,713

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 25 November 2025 and were signed by:

Mrs K Harris - Director

1.	STATUTORY INFORMATION

Coventry Plumbing & Heating Supplies (Nuneaton) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 2011, is being amortised evenly over its estimated useful life of five 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.

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

30,000

AMORTISATION

At 1 April 2024

and 31 March 2025

30,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

17,358

-

17,358

Additions

-

2,083

2,083

At 31 March 2025

17,358

2,083

19,441

DEPRECIATION

At 1 April 2024

17,316

-

17,316

Charge for year

42

474

516

At 31 March 2025

17,358

474

17,832

NET BOOK VALUE

At 31 March 2025

-

1,609

1,609

At 31 March 2024

42

-

42

6.

STOCKS

2025

2024

£

£

Stocks

186,544

173,005

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

382,859

343,106

Other debtors

5,250

7,100

Prepayments

3,525

15,001

391,634

365,207

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

169,684

151,999

Corporation tax

24,517

9,723

Social security and other taxes

1,466

1,241

Pension Control Account

144

248

VAT

18,406

14,336

Directors' current accounts

23,246

23,246

Accrued expenses

6,747

6,243

244,210

207,036

9.

RESERVES

Retained

earnings

£

At 1 April 2024

564,609

Profit for the year

73,888

Dividends

(53,823

)

At 31 March 2025

584,674

10.	RELATED PARTY DISCLOSURES

COVENTRY PLUMBING & HEATING SUPPLIES LIMITED

During the year, the company has made purchases of £1,117,051 (£1,126,602 in 2024) from Coventry Plumbing & Heating Supplies Limited and the balance payable at the year end is £151,094 (£124,409 in 2024).

All transactions were at normal price and on normal business terms.

Coventry Plumbing & Heating Supplies Limited is a related party by virtue of mutual shareholders.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs K Harris.